BANF (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
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Company Info
Company Description
With tire-related issues causing 30% of total truck accidents and contributing to over half of the average fleet’s operating costs, fleet managers and logistics companies are faced with two primary considerations: driver safety and cost savings. BANF's iSensor prevents accidents and reduces vehicle operating costs by offering real-time analysis of tire and road conditions. The sensors identify potential hazards and trigger immediate actions to mitigate risks. The system also enhances fuel efficiency by assessing wheel alignment and provides accurate predictions of fuel economy and tire lifespan. Given that tires constitute the sole point of contact with the road surface, they play a crucial role in preventing road fatalities and serve as a vital tool in detecting road conditions. Vehicles with lower fuel consumption emit less exhaust smoke. Our wheel alignment optimization feature significantly improves truck fuel efficiency by an average of 20%. Tire issues are a global concern, and BANF collaborates with international and multinational companies, providing support in various langugaes.

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