ADASTEC Pitch & Q&A | Developing the next generation of buses

Besides the environmental benefits, electronic vehicles help increase energy security by reducing fossil fuel dependency, and lower operating costs by up to 83%. The demand for electric buses is increasing at a rapid pace, with the global bus market expected to reach $58.62B in 2026, from $38.12B today, at a CAGR of 16.72%.

Founded in 2018, ADASTEC is the most advanced company in the full-size bus automation market and the only one with signed OEM agreements to deliver a complete factory-fitted solution. ADASTEC delivers the SAE Level-4 Automated Driving Software Platform, flowride.ai, for full-size buses. flowride.ai consists of modular automated driving software that runs on the bus, and the back-office platform, utilizing fault-tolerant sensors and HD-Maps with enhanced sensor fusion and deep learning techniques.

We'd like to invite you to an online event that presents their solution with:

➢ Dr Ali Peker, CEO of ADASTEC

➢ Eric Bartha, Deal Captain at SeedBlink

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ADASTEC Highlights

• flowride.ai has been operational for two years in Michigan with NHTSA approval and 20 months in Norway with TUV Nord approval. Both implementations are market-first in the US and EU.
• Has deployment experiences in the USA, Norway, France, Romania (see video) and Turkey.
• 5x more cost-efficient operationally than traditional buses.
• Business Model: $100,000 set-up fee per bus and a yearly $50,000 license.
• Founded by an experienced team of 5 complimentary co-founders, now at 75 FTEs (out of which 60 are engineers).

Register now for the Pitch & Q&A