Teradar

Emerging

Raised $150M Series B (Nov 2025) from Lockheed Martin, Capricorn Investment Group, VXI Capital. $175M total. Summit sensor unveiled at CES 2026. 5 top automakers engaged. All-weather terahertz sensing.

Terahertz Vision Sensors (Autonomous Vehicles)
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Updated April 2026

Company Overview

About Teradar

Teradar is developing Summit — a terahertz-band vision sensor that combines the high-resolution imaging of LiDAR with the weather-penetrating capability of radar, addressing the fundamental limitation that has blocked autonomous vehicle deployment in rain, snow, and fog. The company raised $150 million in Series B financing in November 2025 from Lockheed Martin Ventures, Capricorn Investment Group, and VXI Capital (a defense-focused fund with former DARPA/DIU executives), bringing total funding to $175 million. The Summit sensor was unveiled at CES 2026 with five top automakers engaged in evaluation programs.

Business Model & Competitive Advantage

The physics of sensing creates a fundamental tradeoff in existing sensor technologies: LiDAR provides centimeter-level resolution but scatters in precipitation; radar penetrates weather but has centimeter-level resolution only at close range. Terahertz frequencies (300 GHz to 3 THz) occupy the electromagnetic spectrum between the two — offering both weather penetration and high resolution in a single sensor that neither LiDAR nor radar can achieve independently.

Competitive Landscape 2025–2026

Lockheed Martin's investment signals the dual-use (automotive + defense) commercial strategy: the same weather-penetrating high-resolution sensing that enables autonomous vehicles in blizzards also enables defense platforms to detect and classify objects through smoke, dust, and electronic countermeasures. This dual-use positioning gives Teradar government contract revenue that subsidizes automotive R&D — a financing structure that defense-backed sensing startups uniquely benefit from.

Revenue
$150M
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Key Differentiators

Emerging Innovator

Teradar is an emerging player bringing innovative solutions to the Artificial Intelligence market.

Growth Stage

Teradar has achieved $150M in revenue, demonstrating strong product-market fit.

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