PreAct Technologies Stock (PRTC)

PreAct Technologies aims to bridge the gap between collision avoidance systems and active safety technology. Every millisecond matters before a crash, and our patent-pending suite of sensor technologies, computing systems, and unique countermeasure algorithms aim to drastically reduce fatalities and injuries in a crash. Their Portland-based firm leverages existing vehicle infrastructure to predict and prepare both a vehicle and its occupants for an imminent collision. This alone can reduce the majority of injuries from the most common types of crashes while saving the industry billions of dollars annually. Seasoned automotive experts lead PreAct Technologies, with the engineering team comprised of leaders in computer vision, optics, and parallel processing. It arose from more than 15 years of DARPA-funded research in high-speed optics and computing systems and a major investment from Artis Corporation, the leading US provider of military active protection systems.