ADASTEC
ADASTEC develops flowride.ai, an SAE Level-4 automated driving software platform for full-size buses. Founded in 2018, it licenses its technology to OEMs like Karsan for factory integration, serving transit agencies, airports, and universities across 12+ countries.
- Company typePrivate
- Founded2018
- HeadquartersAnn Arbor, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
ADASTEC firmographics
Firmographics- Name
- ADASTEC
- Legal name
- ADASTEC Corp.
- Website
- https://adastec.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ADASTEC develops flowride.ai, an SAE Level-4 automated driving software platform for full-size buses. Founded in 2018, it licenses its technology to OEMs like Karsan for factory integration, serving transit agencies, airports, and universities across 12+ countries.
- Ownership category
- akta.pro rank
ADASTEC industry classification
Industry- Product category
- Autonomous Driving Software
- NAICS
- Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)
- SIC
- Miscellaneous Transportation Equipment (3790)
- akta.pro primary industry
- Autonomous Vehicles & Ground Mobility (HDAAAIAF)
- akta.pro secondary industries
- Autonomous Driving & ADAS Perception (HDAAAEAI), Video Telematics, ADAS & AI Dashcams (TLAEAFAG)
Keywords
Where ADASTEC is headquartered
LocationHeadquarters
- HQ city
- Ann Arbor
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
ADASTEC business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Platform Licensing: Licensing of SAE Level-4 automated driving software platform (flowride.ai) to OEM partners for factory integration into commercial vehicle production. Revenue generated through technology licensing agreements with bus manufacturers like Karsan.
- Technology Integration Services: Engineering and integration services for OEM partners including sensor suite integration, electronic architecture modification, and validation testing for automated driving system deployment.
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
ADASTEC product offering
Product offeringCore offering
ADASTEC develops and licenses the flowride.ai SAE Level-4 automated driving software platform for full-size electric buses and commercial vehicles, integrating sensor fusion, LiDAR-centric localization, perception, planning, and control. The platform is factory-fitted into OEM bus production lines (Karsan, MAN) and is sold through software licensing plus engineering integration services to transit agencies, airports, campuses, and municipalities across 13+ countries.
Product overview
ADASTEC offers a unified product portfolio centered on its flowride.ai SAE Level-4 automated driving software platform. The platform consists of three integrated layers: flowride Drive (the automation stack with HMI and connector), flowride Cloud (Open API, data storage, and sharing), and flowride Apps (remote management, command & control, passenger application, and analytics). Supporting this software platform is ADASTEC's Advanced Sensor Suite featuring 5 Ouster LiDARs, 6 cameras, GNSS, radar, and ultrasonic sensors with multi-mode sensor fusion. The company also provides factory-fitted automated bus solutions integrated during OEM manufacturing and an Open Mobility Platform enabling payment systems, shared mobility platforms, shared perception, infotainment, location-based services, and transportation data analysis. ADASTEC's technology has been deployed across more than 12 countries in various environments including public transit, airports, university campuses, ski resorts, and urban BRT corridors.
Differentiator
Problem solved
Functional benefit
Brands
- flowride.ai: SAE Level-4 automated driving software platform by ADASTEC that enables OEMs to develop modern, automated, shared, and connected commercial vehicles
Products and services
- flowride.ai SAE Level-4 Automated Driving Software Platform ADASTEC's flagship SAE Level-4 automated driving software platform that enables OEMs to develop modern, automated, shared, and connected commercial vehicles. It consists of three layers: flowride Drive (Level-4 automation stack with HMI and connector), flowride Cloud (Open API, data storage, data sharing), and flowride Apps (remote management, command & control, passenger application, analytics). It is sold via OEM-embedded licensing (e.g., Karsan, MAN) and project-based integration to transit agencies and government transportation authorities.
- Factory-Fitted Automated Bus Integration Solution An engineering integration service and OEM-embedded solution that integrates flowride.ai during bus serial production rather than as an aftermarket retrofit. Provides optimized by-wire system design, sensor placement, cable routing, full OEM warranty coverage, and serial-production scalability. Targeted at bus OEMs (Karsan, MAN) and transit agency customers who require production-scale autonomous buses with optimized design, capacity, range, and durability.
- Open Mobility Platform An extensible mobility platform layered on top of flowride.ai that integrates payment systems, shared mobility platforms, shared perception, infotainment services, location-based services, first/last mile services, transportation data analysis, and security/surveillance services. Sold to transit authorities, airports, and service orchestrators to extend the value of automated bus deployments with passenger-facing and operational applications.
Quantifiable outcome
- 98% autonomous driving success rate without driver intervention on Paris BRT corridor over 6 months of operation
- +3 more outcomes
Companies that use ADASTEC
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
ADASTEC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability5 records
Feature8 records
ADASTEC partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, minor and flagship.
- MAN Truck & BuscorePartnership for MINGA research project integrating ADASTEC's flowride.ai into MAN's fully electric Lion's City 12 E city bus. €13 million project funded by Germany's Federal Ministry of Transport, with pilot operations planned for Munich public roads starting autumn 2026.
- Technische Universität BraunschweigminorResearch partner for MINGA project providing scientific monitoring and analysis of automated bus performance to support future deployment models in Germany.
- Beep, Inc.flagshipStrategic alliance formed September 2025 to accelerate scalable shared autonomous transportation deployments in the U.S. Partnership combines ADASTEC's Level-4 automation technology with Beep's AutonomOS fleet orchestration platform. First joint deployments in Georgia (ATL Spoke) and Florida. Fully compliant with Build America, Buy America requirements.
- Malung-Sälen MunicipalitycoreSIKTA (Sälen–Idre Collective Transport Autonomous) project partner for automated bus deployment in Sweden's Sälen ski resort. Deployment covers 4.8 km route in challenging winter conditions. Project runs from January 2025 to December 2027 with planned expansion to Idre.
- RET / DAM Shuttles / Rotterdam The Hague AirportcoreNetherlands deployment achieving RDW approval as Europe's first RDW-approved full-size automated airport bus. Partnership includes RET (metro operator), DAM Shuttles, and airport authority.
- ÜSTRA / Region HannovercoreGermany's first full-size SAE Level-4 automated bus deployment (Project albus) in Hannover Region. ÜSTRA operates automated bus on Line 906 in Burgdorf district.
- Turkish Airlines / İGA Istanbul AirportcoreDemonstrated SAE Level-4 automated mobility with Karsan Autonomous e-ATAK in live apron traffic at İGA Istanbul Airport. Validated automated driving technology for airport crew transportation across 11-kilometer route scenarios.
- Michigan Department of Transportation (MDOT)coreSleeping Bear Dunes deployment partner providing government support and research collaboration for FMVSS-compliant automated bus deployment in national park environment.
- KarsanflagshipPrimary OEM partnership for factory-fitted integration of ADASTEC's flowride.ai into Karsan's Autonomous e-ATAK (full-size) and e-JEST (minibus) electric vehicle platforms. Karsan vehicles equipped with ADASTEC's Level-4 automation have been deployed across 12+ countries. This is ADASTEC's flagship partnership driving production-scale deployments.
- Applied AutonomycoreNorwegian fleet management provider offering xFlow fleet management system. Supports ADASTEC deployments in Norway including Stavanger operations and provides command center monitoring and teleoperation capabilities.
- Damera CorporationcoreNorth American distributor for Karsan autonomous vehicles, facilitating ADASTEC-powered vehicle deployments in the U.S. market including ATL Spoke project and Altamonte Springs deployments.
- Vy Buss / KolumbuscoreNorwegian bus operators working with ADASTEC for autonomous bus deployments. Vy Buss operates Gothenburg service in Sweden; Kolumbus serves as transport operator in Stavanger, Norway where the Norwegian Public Roads Administration approved fully driverless operations.
- RATP GroupcoreParis transit authority partnership for automated bus operation on Route 393 BRT corridor. Six-month deployment completed with 98% autonomous driving success rate. French Ministry of Transport authorized operations.
- VästtrafikcoreSwedish public transport authority partnership for Gothenburg automated bus deployment. Transportstyrelsen (Swedish Transport Agency) approved passenger service on Line 169 route.
- UITPminorInternational Association of Public Transport membership providing industry visibility, networking, and conference participation opportunities.
- Michigan Economic Development CorporationminorMichigan state economic development organization supporting ADASTEC's headquarters relocation and regional technology growth initiatives.
- Dutch Automated MobilityminorDutch automated mobility consortium partner supporting Netherlands deployments and Rotterdam airport operations.
- AECOMminorInfrastructure and design consulting firm partnership for automated vehicle deployment planning and smart city integration projects.
Scale indicators8 records
Recent moves6 records
Expansion highlights8 records
ADASTEC competitors and assessment
Company assessmentDirect peers
- EasyMile: French autonomous shuttle and bus software provider deploying Level-4 driverless solutions for transit, airports, and campuses across Europe and globally. Direct competitor targeting the same public transit and OEM-embedded autonomy customer base as ADASTEC.
- Navya: French autonomous vehicle company producing and operating self-driving shuttles for first/last-mile transit and industrial sites. Competes with ADASTEC in the autonomous shuttle and fixed-route public transit market.
- May Mobility: U.S.-based autonomous mobility company deploying Level-4 driverless shuttles for transit agencies and campuses. Direct competitor in the North American public transit autonomous vehicle market that ADASTEC targets via its Beep partnership.
Broad incumbents
- Mobileye: Large-scale ADAS and autonomous driving technology supplier owned by Intel, serving passenger vehicles and commercial fleets globally. While broader in scope, Mobileye's AV platform and REM mapping compete for the same autonomous commercial vehicle opportunity ADASTEC addresses.
- Aurora Innovation: U.S. autonomous technology company developing the Aurora Driver for trucking and ride-hailing. While focused on Class 8 trucks rather than buses, it represents a well-funded competitor pursuing Level-4 autonomy in commercial transportation.
- ZF Friedrichshafen: Major German automotive supplier with autonomous shuttle and commercial vehicle ADAS solutions. Competes with ADASTEC as a Tier-1 supplier offering autonomous driving systems to bus and commercial vehicle OEMs in the same European market.
- Daimler Truck / Daimler Buses: Global truck and bus manufacturer developing autonomous bus prototypes (Mercedes-Benz Future Bus program) and automated driving solutions for commercial vehicles. Competes with ADASTEC as a vertically integrated OEM developing in-house autonomy.
- AB Volvo: Swedish commercial vehicle OEM with active autonomous bus research and pilot programs across Europe. Represents a large OEM competitor with internal autonomy capabilities that could displace third-party software providers like ADASTEC.
Emerging players
- Applied Intuition: Autonomous vehicle simulation and infrastructure software company serving automotive and commercial vehicle developers. While not a direct bus autonomy competitor, its tooling and validation infrastructure overlap with the engineering stack ADASTEC and its OEM partners rely on for development.
Others
- Beep: U.S. autonomous mobility service operator and fleet orchestration platform provider (AutonomOS) that is ADASTEC's strategic alliance partner. Acts as a deployment channel rather than competitor, but represents adjacent capability in autonomous fleet operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ADASTEC social profiles
Digital presenceADASTEC compliance and trust
Trust signalCompliance3 records
ADASTEC financial estimates
Financial estimateRevenue estimate
Valuation estimate
ADASTEC leadership team
Management profileNumber of profiles
Profiles10 records
ADASTEC funding detail
Funding detailFunding overview
Funding rounds5 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ADASTEC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ADASTEC
What does ADASTEC do?
ADASTEC develops and licenses the flowride.ai SAE Level-4 automated driving software platform for full-size electric buses and commercial vehicles, integrating sensor fusion, LiDAR-centric localization, perception, planning, and control. The platform is factory-fitted into OEM bus production lines (Karsan, MAN) and is sold through software licensing plus engineering integration services to transit agencies, airports, campuses, and municipalities across 13+ countries.
Is ADASTEC a public or private company?
ADASTEC is a private company. It is classified as venture growth investor backed and is currently operating.
When was ADASTEC founded?
ADASTEC was founded in 2018. It employs 51 to 100 people.
Where is ADASTEC based?
ADASTEC is headquartered in Ann Arbor, United States, in the North America region.
How does ADASTEC make money?
Two revenue lines are on record. Software Platform Licensing is the primary driver. The others are technology Integration Services.
Who are ADASTEC's main competitors?
Direct peers on record are EasyMile, Navya and May Mobility. Broad incumbents are Mobileye, Aurora Innovation, ZF Friedrichshafen, Daimler Truck / Daimler Buses and AB Volvo. Applied Intuition is listed as an emerging player. Beep is listed as an others.
Does ADASTEC have an API?
No public API is recorded for ADASTEC.
What industry is ADASTEC in?
ADASTEC's product category is Autonomous Driving Software. Its primary akta.pro industry code is HDAAAIAF, Autonomous Vehicles & Ground Mobility, with a secondary code of HDAAAEAI, Autonomous Driving & ADAS Perception. Its NAICS code is 334511 and its SIC code is 3790.