Terranet is on a mission to save lives in urban traffic

Terranet develops next-generation ADAS and AD solutions to save lives in complex urban environments. With our advanced driver assistance system, BlincVision, we are setting a new standard for road safety. Groundbreaking technology scans the road pixel by pixel – a faster way to detect hazards ahead of the vehicle. Through innovation, we are building a safer future for both drivers and vulnerable road users.

Latest press releases

3 December, 2024

Warrants of series TO8 were exercised to approximately 88 percent and Terranet will receive approximately SEK 17.2 million

Terranet AB (publ) (“Terranet” or the “Company”) today announces the outcome of the exercise of the warrants of series TO8. In total, 122 708 719 warrants of series TO8, corresponding to approximately 88 percent of the outstanding warrants of series TO8, were exercised for subscription of 122 708 719 Class B shares at a subscription…

26 November, 2024

The last day of trading with the warrants of series TO8 in Terranet AB is today, November 26th, 2024

Today, November 26th, 2024, is the last day of trading with the warrants of series TO8 in Terranet AB (“Terranet” or “the Company”). The exercise period for the warrants of series TO8 runs up until November 29th, 2024. Each warrant of series TO8 gives the owner the right to subscribe for one (1) new B-share…

18 November, 2024

The subscription period for warrants of series TO8 B starts today and three large shareholders as well as the Board and management intend to exercise warrants corresponding to approximately 31 percent of the outstanding warrants

Terranet AB (publ) (”Terranet” or the “Company”) hereby announces that the subscription period for TO8 starts today and that large shareholders as well as the Board and management in the Company intends to exercise their warrants of series TO8, an investment of approximately SEK 6,0 million, corresponding to approximately 31 percent of the total amount…

BlincVision up to ten times faster than today’s ADAS-systems

With a unique patented vision technology, Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster and with higher accuracy than any other ADAS technology available today. In addition, BlincVision has an AI-based ability to distinguish between different types of objects moving on the road, so that the vehicle can act according to what the situation requires. Behind the system is VoxelFlow™, Terranet’s patented software for advanced four-dimensional image analysis of moving objects.

Road accidents must be reduced

Road safety continues to be a priority for decision-makers and authorities around the world. The EU has a vision to achieve zero road fatalities by 2050 (Vision Zero), and both the EU and the UN wants to reduce the number of road accidents by 50% by 2030. Safer cars and the development of Advanced Driver Assistance Systems, so-called ADAS, are an important piece of the puzzle to increase safety in traffic.

BlincVision – part of the solution

Available ADAS systems that are based on radar, lidar, ultrasound or camera technologies lacks sufficiently fast detection and reaction capabilities to ensure safety for pedestrians and cyclists in dense and varied traffic. In a busy city, a millisecond can be the difference between an accident occurring or not. Where existing ADAS technologies are primarily developed to protect road users from colliding with each other, BlincVision can provide safety for everyone else who moves in city traffic. BlincVision reacts faster and with higher precision than any other ADAS today and thus has the capability to become a complementary ADAS solution that saves lives in complicated urban traffic environments

With lightning-fast 4D technology, Terranet’s BlincVision system laser scans a radius of 30 meters in front of the vehicle and reacts faster than in 10 milliseconds when an object is detected on the road.