The development of technology for communication in the THz frequency band has seen rapid progress recently. Due to the wider bandwidth a THz frequency RADAR provides the possibility of higher precision imaging compared to conventional RADARs. A high resolution RADAR operating at THz frequency can be used for automatically detecting and segmenting concealed objects. Recent advancements in THz circuit integration have opened up a wide range of possibilities for on chip applications, like of security and surveillance. The development of various sources and detectors for generation and detection of THz frequency has been driven by other techniques such as spectroscopy, imaging and impulse ranging. One of the central vision of this type of security system aims at ambient intelligence: the computation and communication carried out intelligently. The need for higher mobility with limited size and power consumption has led to development of nanotechnology based THz generators. In addition to this some of the soft computing tools are used for detection of radar target automatically based on some algorithms named as ANN, RNN, Neuro-Fuzzy and Genetic algorithms. This review article includes UWB radar for THz signal, its characteristics and application, Nanotechnology for THz generation and issues related to ATR.