According to Annual Global Road Crash Statistics, over 1.5 million people per year die in accidents around the world. Consider that’s 3,257 deaths per day. And, on top of that 20-50 million people per year are injured or disabled. That’s not only horrifying, it’s crazy. You would think with all the advanced technology those numbers wouldn’t be so staggeringly high.
- Safety features on your car aren’t completely effective
- Over 1.5 million people worldwide killed in auto accidents
- PreAct has developed technology that could drastically improve safety
Ironically, it’s a safety feature we expect to protect us that many times is the culprit. Can you guess what it is? The airbag. Yes, really.
Are Airbags Dangerous
While the airbag seems like a good idea in theory, it deploys with explosive and sometimes dangerous and deadly force. That’s because it must inflate completely to provide “protection”.
PreAct Technologies devised a system that not only allows airbags to do their job better, but other safety features as well, prepping occupants for a crash. The company developed high-speed sensors and processors to monitor a tight area around the vehicle. The system identifies, classifies and reacts to an imminent crash in a quarter of a second, just 250 milliseconds before it happens. And those milliseconds are crucial, the difference between coming out of an accident unscathed or suffering injury.
“There is often no reason for occupants to suffer serious trauma or death – other than for a lack of current technology to protect them,” said Paul Drysch, co-founder and CEO of PreAct.” This technology gap is what PreAct Technologies is aiming to close.
Fraction Of Seconds Are Crucial
Milliseconds allow enough time to tighten seatbelts and set off larger and slower inflating airbags as well as external airbags, among other applications. With current technology, safety systems don’t engage until the crash is already in progress.
PreAct technology could also come in handy when reliable autonomous cars and infrastructure get put in place. The future holds the promise of autonomous vehicle only lanes. With these sensors installed on the car, traffic flow could be optimized so vehicles can drive inches within each other safely. To keep from playing bumper cars requires the ability to make constant small adjustments.
Based in Portland, Oregon, PreAct formed in 2018 and revealed its technology at CES 2019. The company comes with a solid pedigree, bringing together the experience of its two auto industry veterans Drysch and Kurt Brendley, along with Keith Brendley, the founder and chairman of a DARPA-funded defense firm that developed technology to intercept projectiles only inches from a military vehicle to provide active protection.
Angel Round Funding Closed
PreAct’s technology system is still in the nascent stages and not ready for prime time just yet. However, the company announced it closed an Angel Round of funding for over $1 million from Ele8.VC based in Singapore. With this cash infusion, PreAct will invest in key staff, technology and prototyping as they move towards a minimum viable product.
PreAct says it’s already working with automotive OEMs, Tier 1 suppliers, and insurance companies on next generation automotive safety systems. So, the industry sees the vast potential of this technology leapfrogging safety to a whole new level.