Well, the description says "it works well in hostile environments" and it gives full choke protection, so in theory...
But the real answer is "no" given its warp resistance. Combined with severe stat penalties I also wonder about the usefulness of it all, especially since terramite isn't easy to get due to heavy rng involved in underground arc (the missions don't seem that frequent and require specific monster captures to unlock in the first place...).
But cool cybersamurai vibes, I want it to be useful so bad.