[BANF] Real-time tire profile for Fleet

[Overview]

BANF - BANF's Smart tire iSensor ensures cost-effective fleet management through real-time tire data (pressure, temperature, tire wear, wheel alignment, lug nuts status), preventing accidents, optimizing fuel efficiency by 20%, and enhancing overall safety.

[Problem Statement]
Tire issues are indeed as significant as other causes of accidents. According to data from the Federal Motor Carrier Safety Administration's (FMCSA), damaged tires constitute the second most common cause of car accidents, accounting for around 30% of accidents annually. BANF develops solutions that analyze data from tire-mounted sensors to improve safety and efficiency.

Established manufacturers of vehicles and tires have made various attempts to develop tire safety systems behind the scenes, including those utilizing wires, induction, RF, vibrator, and battery. However, they have faced technical hurdles. For instance, wires can be easily damaged, inductive solutions require a narrow gap between the vehicle body and tires, and the vibrator works only when traveling above 30 kilometers per hour. There are still many challenges in developing tire safety solutions, but BANF holds outstanding techniques for wireless power, sensor, interface, and signal processing algorithm.

[Solution]

At BANF, we are actively contributing to a safer era of the fleet ecosystem by providing real-time tire data, tire wear, wheel alignment, loosen nut/lug, fuel efficiency, and road surface information including black ice, asphalt heating, slippery road, pothole depth, etc using a SINGLE tire-mounted sensor. This comprehensive system not only ensures ultimate safety by detecting road and tire defects but also delivers remarkable benefits. Our technology improves fuel efficiency by up to 20% and reduces tire wear by up to 30%. Despite being a three-year-old startup, we are actively collaborating with 30+ partners including major vehicle manufacturers, leading tire conglomerates, and fleet operators.