The Board of Directors of Terranet has decided to postpone the date for publication of the interim report for the first quarter 2025 to May 19, 2025. The reason for the postponement is that the work on a capital raise, divided into a directed share issue in combination with a rights issue of shares, has…
DetailsTerranet AB (publ) today publishes the annual report for 2024, including the corporate governance report and the auditor’s report. The report is available at the company’s website www.terranet.se/en/reports This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by…
DetailsN.B. THIS ENGLISH TEXT IS AN UNOFFICIAL TRANSLATION OF THE SWEDISH ORIGINAL OF THE NOTICE TO ATTEND THE EXTRAORDINARY GENERAL MEETING IN TERRANET AB, AND IN CASE OF ANY DISCREPANCIES BETWEEN THE SWEDISH AND THE ENGLISH TRANSLATION, THE SWEDISH TEXT SHALL PREVAIL. The shareholders of Terranet AB, reg. no. 556707-2128, (the “Company“) are hereby invited…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsSignificant events during the fourth quarter Agreement with an actor in the mining industry Terranet entered into a partnership agreement with a vehicle actor in the mining industry. The collaboration is part of the company’s strategy to enable the expansion of the technology into new application areas and strengthen BlincVision’s commercial potential. Product development plan…
DetailsOn February 19th 2025, Terranet AB (publ) will release its Year-end report for 2024. On the same day at 10 a.m. CET, the company’s Acting CEO Dan Wahrenberg and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcast digitally and is open to the public. The…
DetailsAstaZero*, in collaboration with several partners, including Terranet AB and Trafikverket, is launching a new project aimed at significantly improving traffic safety for automated vehicles. The project, funded by Vinnova, Sweden’s innovation agency, will run from January 2025 to December 2025. “The project involves several leading players in the automotive industry. It provides us with…
DetailsThe Board of Directors at Terranet has appointed Lars Lindell as the company’s new CEO. Lars brings over 30 years of international experience in successfully building and leading fast-growing tech companies, including in the automotive and telecom sectors. For 10 years, he served as CEO of Acconeer AB. Lars Lindell will take on the role…
DetailsTerranet has signed a Memorandum of Understanding (MoU) with a vehicle manufacturer in the mining industry. The purpose of the agreement is to further develop and evaluate the driver assistance system, BlincVision. The non-exclusive agreement means that both parties will contribute their own resources to carry out the project. The collaboration is part of Terranet’s…
DetailsTerranet 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…
DetailsToday, 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…
DetailsTerranet 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…
DetailsTerranet has formed a strategic collaboration agreement with a global leader in the automotive industry. The agreement is a direct result of the collaboration within the MobilityXlab accelerator program. The purpose of the agreement is to continue developing and evaluating the driver assistance system BlincVision. The non-exclusive partnership starts immediately in the fourth quarter, with each…
DetailsSignificant events during the third quarter Autonomous braking completed at the AstaZero test trackBlincVision now functions as an independent driver assistance system, marking a strategic milestone in its development. The autonomous braking signifies that the system has, for the first time, completed the entire chain: from detecting and classifying objects to calculating collision risk and…
DetailsOn November 7, Terranet AB (publ) will release its Q3 report for 2024. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcast digitally and is open to the public. The presentation will…
DetailsTerranet presents its updated product development plan for BlincVision, an advanced driver assistance system, with clear goals set for 2025. Customer projects have been initiated, and the goal for the first half of the year is to develop an MVP (Minimum Viable Product) to pave the way for volume agreements and meet market demand. BlincVision…
DetailsTerranet’s CEO Magnus Andersson has informed the Board of Directors that he intends to leave Terranet in early 2025 for a CEO position in another company in another industry. “Magnus has successfully led the development and commercialization work in Terranet and the company has delivered according to plan. It is of course sad that Magnus…
DetailsA key target for the third quarter was to achieve fully automated braking based on a brake request from BlincVision. Recent tests at the certified AstaZero track demonstrated that BlincVision successfully initiated braking with a large margin, marking a significant advancement for the company. At AstaZero, the advanced driver assistance system has been tested at…
DetailsAs previously communicated, Terranet has been selected to participate in MobilityXlab’s prestigious accelerator program, where several leading companies in the automotive industry are involved. The kickoff meeting was held recently, and the program has now begun. This gives Terranet a unique opportunity to develop and validate the advanced driver assistance system BlincVision, paving the way…
DetailsAn institutional investor has on September 2, 2024 purchased 25,000,000 shares, corresponding to approximately 2.5% of all outstanding shares in Terranet. The transaction was made at a price of SEK 0.3465 and the seller was Maida Vale Capital AB. Anders Blom, representative of Maida Vale Capital and board member of Terranet, comments: “We are now…
DetailsAs previously communicated, during the second quarter, Terranet conducted an initial system integration in a vehicle outdoors. The next step has been to expand the testing to later report back to the market on the results. The result analyses now confirm that the technology, so far in the process, is developing according to plan. The…
DetailsAs previously communicated, Terranet has been participating in the VERDAS project since May, which is funded by Vinnova, Sweden’s innovation agency. Now have all the partners in the project been officially announced. AstaZero* is leading the project, and the partners include Volvo Car Corporation, Toyota, Zenseact, Aptiv, Trafikverket, Folksam, IfInsurance, Viscando, and Terranet. “The project…
DetailsSignificant events during the second quarter MobilityXLab Terranet has been selected from over 100 applicants to participate in the MobilityXlabs accelerator program, collaborating with leading car manufacturers and major suppliers in the automotive industry. The program aims to introduce new innovations and offers Terranet a unique opportunity to conduct Proof of Concept and projects together…
DetailsOn August 15, Terranet AB (publ) will release its Q2 report for 2024. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public. The presentation will…
DetailsThe initial system integration in a vehicle has been completed, along with the first prototype tests of BlincVision in a vehicle outdoors. These tests mark a significant step forward in the development process toward a finished product. The next step is to extend the prototype testing during the summer with evaluations on an authorized test…
DetailsTerranet has today agreed with the current lenders on an extension of part of the existing loan totalling SEK 8 million. The loan runs for an additional twelve months with a maturity date of June 30, 2025. The loan originally raised to finance the company’s investment in holoride GmbH in 2021 was due in full…
DetailsAfter an extensive selection process with over 100 applicants from 14 countries, Terranet has been chosen to participate in MobilityXlab’s prestigious collaboration program starting in August 2024. The program provides Terranet with a unique opportunity to conduct a Proof of Concept together with one or more of MobilityXlab’s partners, such as Ericsson, Magna Electronics, Volvo…
DetailsTerranet AB (publ) (“Terranet” or the “Company”) today announces the outcome of the exercise of warrants of series TO7. In total, 173,029,725 warrants of series TO7 were exercised, corresponding to approximately 95 percent of the total number of outstanding warrants of series TO7, for subscription of 173,029,725 B-shares at a subscription price of SEK 0.073…
DetailsAstaZero*, in collaboration with several partners, including Terranet AB and Trafikverket, is launching a new project aimed at significantly improving traffic safety for automated vehicles. The project will run from May 2024 to May 2025 and is funded by Vinnova, Sweden’s innovation agency. FFI, Strategic Vehicle Research and Innovation, is a collaboration program between the…
DetailsToday, May 29, 2024, is the last day of trading with the warrants of series TO7 in Terranet AB (publ) (“Terranet” or “the Company”). The exercise period for the warrants of series TO7 runs up until June 3, 2024. Each warrant of series TO7 gives the owner the right to subscribe for one (1) new…
DetailsTerranet AB (publ) (”Terranet” or the “Company”) hereby announces the Board and management of the Company, as well as companies affiliated with them, intend to exercise their warrants of series TO7, an investment of approximately SEK 3.6 million, corresponding to approximately 27 percent of the total amount of outstanding warrants of series TO7. The subscription…
DetailsThe annual general meeting of Terranet AB (the “Company”) took place today, 21 May 2024 at Eversheds Sutherland Advokatbyrå’s premises at Sveavägen 20, 3 tr, in Stockholm. The meeting resolved with the required majority as follows: Adoption of the income statement and balance sheetThe annual general meeting resolved to adopt Terranet’s income statement and balance…
DetailsToday, May 20, 2024, marks the commencement of the exercise period for subscription of warrants of series TO7 in Terranet AB (publ) (”Terranet” or the” Company”). The exercise period for warrants of series TO7 runs up until and including June 3, 2024. Each warrant gives the right to subscribe for one (1) new share of…
DetailsTerranet AB (publ) (” Terranet” or the” Company”) issued 182 664 660 warrants of series TO7 in connection with the Company’s rights issue in the second quarter of 2023. Each warrant gives the right to subscribe for one (1) new share of series B in the Company. The subscription price for the warrants of series TO7 shall…
DetailsTerranet welcomes Jonas Renander as strategic business developer (CCO, Chief Commercial Officer). He joins the company at a crucial time as Terranet is in the process of finalizing the company’s first prototype for BlincVision while also deepening dialogues with potential customers and partners. Jonas Renander has over 20 years of experience in sales and project…
DetailsSignificant events during the first quarter – Successful prototype demo in lab conducted at the end of March During the first quarter of the year, product development focused on the prototype demonstration in a lab environment, which was carried out with successful results. – Organizational reinforcements During the quarter, we continued to develop our organization.…
DetailsOn May 7, Terranet AB (publ) will release its Q1 report for 2024. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public. The presentation will…
DetailsThe company is well in line with the previously presented development plan. Relevant adjustments from previous lab tests have been made, and the company is now fully focused on integrating the driver assistance system BlincVision into vehicles. Part of the integration work involves evaluating sensor placements, adapting communication interfaces to vehicles and optimizing the system…
DetailsTerranet publishes the annual report for 2023 including corporate governance report and auditor’s report. Report is available at the company’s website www.terranet.se/en/reports Comments on the Annual ReportFollowing the publication of the Company’s Year-end Report for 2023, holoride GmbH, in which Terranet holds 10.4% of the shares and votes, has initiated a preliminary insolvency process in…
DetailsRecent international reports* indicate a significant growth in the market for Advanced Driver Assistance Systems (ADAS) in the coming years. BlincVision is well positioned to meet the growing market demand for a rapid driver assistance system for urban environments, where every meter and millisecond counts. Stricter regulations, increased consumer expectations, and technological advancements will collectively…
DetailsTerranet AB (publ) today announces that the company does not intend to further invest in holoride GmbH at this time. The decision not to contribute with more capital reflects Terranet’s strategy to prioritize and accelerate its own development of BlincVision. Terranet invested in holoride in 2021 together with an investment consortium consisting of major industry…
DetailsN.B. This English text is an unofficial translation of the Swedish original of the notice to attend the extraordinary general meeting in Terranet AB, and in case of any discrepancies between the Swedish and the English translation, the Swedish text shall prevail. The shareholders of Terranet AB, registration number 556707-2128, (the “Company“) are hereby invited…
DetailsTerranet AB (publ) has conducted tests in AstaZero’s test environment and obtained positive outcomes for the company. The results demonstrate significant potential for the company’s Advanced Driver Assistance System, BlincVision. The tests have been conducted at a Euro NCAP-approved test facility, meaning that these results directly contribute to Euro NCAP’s ADAS rating methods for 2026.…
DetailsTerranet AB (publ) or the “Company”) today announces that the Company has started the preparatory work for the upcoming prototype tests of BlincVision in car during the second quarter of the year. Important tests are expected to be completed during the second quarter of and to be contractual. Dialogue with world-leading manufacturers and suppliers forms…
DetailsTerranet AB (publ) or the (“Company”) today announces that the Company has received positive results from the previously communicated prototype tests performed in the lab during the first quarter. The data generated validates the technology and enables the company to initiate in-car tests in the near future and continue the development of BlincVision. During the…
DetailsTerranet AB (publ) today announces that the Company is performing prototype tests in a lab environment in accordance with the previously communicated timetable. The purpose of the lab tests is to verify updated conceptual solutions of our prototype, which is a preparatory step for the upcoming prototype demo in cars during the second quarter…
DetailsSignificant events during the fourth quarter The company was awarded a grant from Skyltfonden (an initiative of the Swedish Transport Administration) for the development of new testing methods in collaboration with AstaZero (RISE). Dan Wahrenberg took over as the new CFO. The company and Nihat Kücük reached an agreement on the termination of Nihat’s employment…
DetailsOn February 22, Terranet AB (publ) will release its year-end report for 2023. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public. The presentation will…
DetailsTerranet AB (publ) (“Terranet” or the “Company”) resolved on 12 January 2024 to carry out a directed issue of units of approximately SEK 10 million consisting of shares of series B and warrants of series TO8. In order to partly compensate the shareholders for the dilution that arose as a result of the issue, the…
DetailsToday, Terranet is opening a new office on Lindholmen in Gothenburg. Lindholmen is known as one of Sweden’s most dynamic innovation hubs, particularly within the automotive industry, offering a unique environment where technological development, research, and business opportunities converge. The new office puts Terranet in the heart of an ecosystem comprised of key players in…
DetailsThe extraordinary general meeting in Terranet AB, reg. no. 556707-2128 (the “Company”) took place today, 31 January 2024, at 11.00 a.m. at Eversheds Sutherland Advokatbyrå’s premises at Sveavägen 20 in Stockholm. The meeting resolved with the required majority in accordance with the following: Resolution on a) the number of members of the board of directors…
DetailsAs announced on 12 January 2024, the board of directors of Terranet AB (“Terranet” or the “Company”) has resolved to transfer warrants of series TO8 without consideration to the Company’s existing shareholders. The record date for receiving the warrants of series TO8 has now been set to 2 February 2024. The exercise period for subscription…
DetailsTerranet, a company that develops advanced driver support for the automotive industry, today announces that the rights issue of up to SEK 10 million strengthens the conditions for entering into new partnerships during the year. Terranet is convinced that the Company, with its advancements in advanced driver assistance (ADAS), has a significant opportunity to enter…
DetailsTerranet sees an increased interest from the automotive industry after fruitful meetings with potential partners and suppliers at CES Las Vegas 2024. The increased demand for faster and accurate solutions from the industry, strengthens Terranet’s position in partner dialogues. Between January 9-12th 2024, Terranet attended CES, the world’s largest tech event which gathers major players…
DetailsN.B. This English text is an unofficial translation of the Swedish original of the notice to attend the extraordinary general meeting in Terranet AB, and in case of any discrepancies between the Swedish and the English translation, the Swedish text shall prevail. The shareholders of Terranet AB, reg.no 556707-2128 (the “Company”), are hereby convened to…
DetailsTerranet AB (“Terranet” or the “Company”) announces that the board of directors has today resolved to carry out a directed issue of units of approximately SEK 10 million, consisting of shares of series B and warrants of series TO8 to a number of pre-approached investors, including existing shareholders. In order to partly compensate the shareholders…
DetailsImportant disclosure: this press release has been incorrectly sent out by our distributor in a few channels, only in an English version. The company is working with the distributor to find out what went wrong. The nomination committee of Terranet wishes to add further cutting-edge expertise from the automotive industry to the board and is…
DetailsTerranet AB (“Terranet” or the “Company”) today announces the outcome of the exercise of warrants of series TO6. In total, 115,760,009 warrants of series TO6 were exercised, corresponding to approximately 63 percent of the total number of outstanding warrants of series TO6, for subscription of 115,760,009 B-shares at a subscription price of SEK 0.054 per…
DetailsToday, December 6th, 2023, is the last day of trading with the warrants of series TO6 in Terranet AB (“Terranet” or “the Company”). The exercise period for the warrants of series TO6 runs up until December 11th, 2023. Each warrant of series TO6 gives the owner the right to subscribe for one (1) new B-share…
DetailsTerranet has been awarded a grant of 614 000 SEK from the Swedish Transport Administration’s Skyltfonden for a joint project with RISE’s test bed AstaZero. The project, which runs throughout all of 2024, aims to improve traffic safety for unprotected road users by developing new testing methods and technologies for advanced driver assistance systems (ADAS).…
DetailsTerranet has hired Pierre Ekwall as the new CTO & SVP of Engineering. Pierre comes from the role of Vehicle line manager at Einride and has previous experience in technology and innovation development from, among others, Volvo Cars, SAAB Automobile, and Semcon. The employment starts on December 1st. Pierre brings over 20 years of experience…
DetailsToday, November 27th, 2023, marks the commencement of the exercise period for subscription of warrants of series TO6 in Terranet AB (publ) (”Terranet” or the” Company”). The exercise period for warrants of series TO6 runs up until and including December 11th, 2023. Each warrant gives the right to subscribe for one (1) new share of…
DetailsTerranet AB (” Terranet” or the” Company”) issued 182 664 660 warrants of series TO6 in connection with the Company’s rights issue in the second quarter of 2023. Each warrant gives the right to subscribe for one (1) new share of series B in the Company. The subscription price for the warrants of series TO6 shall correspond…
DetailsSignificant events during the third quarter Terranet announced that it will perform demonstrations of BlincVision in a laboratory environment during the first quarter 2024 and on vehicles in a test environment during the second quarter of 2024 and released the company’s product development plan for 2024. The funds raised after completion of the preferential rights…
DetailsOn November 16, Terranet AB (publ) will release its Interim Report for the third quarter 2023. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CFO Dan Wahrenberg will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public.…
DetailsTerranet has been granted an innovation grant by Vinnova, to, in collaboration with RISE’s testbed AstaZero, conduct ground-breaking research. The aim is to develop new ADAS test methods for vulnerable road users in time-critical accident scenarios where advanced driver assistance systems play a crucial role in saving lives. The goal is to improve road safety…
DetailsTerranet and Nihat Kücük, the CTO, have mutually agreed to part ways. The purpose is to accelerate the product development of BlincVision, and the previously communicated timetable remains. A permanent replacement is expected to be in place shortly. Recruitment of a new CTO from the automotive industry is ongoing and is expected to be completed…
DetailsDan Wahrenberg assumes the role of permanent CFO at Terranet. Terranet is at the same time making reinforcements on both the technology and business development fronts. Terranet has completed the recruitment of a permanent CFO. The new CFO will be Dan Wahrenberg, who will also be responsible for the company’s Investor Relations. Dan replaces Thomas…
DetailsTerranet is moving closer to the milestone of the first prototype of Terranet’s unique Advanced Driver Assistance System, BlincVision, which will be presented during the first quarter of 2024. The demonstration of BlincVision’s functionality is essential for signing a contract with car manufacturers or their major suppliers to further finalize the product and achieve economies…
DetailsSignificant events during the quarter Terranet’s board decided on a directed issue of units to underwriters who chose to receive compensation in the form of new units in connection with the conclusion of the preferential rights issue. Preferential rights issue completed. A total of 70 percent was subscribed through support of unit rights, applications for…
DetailsOn August 17, Terranet AB (publ) will release its Interim Report for the second quarter of 2023. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CTO Nihat Küçük will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsOn Monday and Tuesday of this week, Terranet had the privilege to attend the Vision Zero Conference in Stockholm. The conference, arranged by the Swedish Government Office, the Swedish Transport Administration, and Vinnova, provided a platform for Swedish and international decision makers, key stakeholders, and scholars in the field of road safety to discuss how…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsThe initial prototype of Terranet’s laser scanner, delivered to the office in Lund in March, has undergone successful testing in a controlled laboratory environment. The laser scanner serves as a vital component of the BlincVision anti-collision product, and this testing phase marks a significant milestone towards integrating the system into vehicles. The new laser scanner…
DetailsTerranet publishes a product video that explains the technology behind BlincVision in detail, to create understanding for investors and to ease the process of acquiring potential partnerships. The company also publishes a CEO-interview with Mangold Insight and a video from the investor day that was held May 30, 2023. Link to the product video: https://www.youtube.com/watch?v=rbTco72m7vU&ab_channel=Terranet…
DetailsIn parallel with the physical tests conducted in Terranet’s lab environment for the automotive vision system BlincVision, the company is setting up an advanced virtual environment to test how the system reacts in various traffic situations. -Before taking a test vehicle out on the road, we want to analyze different critical driving situations in a…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsIn connection with the current rights issue in Terranet AB (“Terranet” or the “Company”), the Company invites all shareholders and the public to an investor lunch in Stockholm. The investor lunch is held at Mangold Fondkommission, that acts as the financial advisor in connection with the rights issue, on Tuesday 30 May, 2023, at 12:00…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsSignificant events during the first quarter Prevas Development delivered the first prototype of the laser scanner module to Terranet. Testing and evaluation continues. Warrant programme T05 B was concluded. Over 70% of the warrants were exercised for the subscription of B shares. The company raised a total of MSEK 3.8 before issue costs. The funds…
DetailsTerranet has, together with the other shareholders of holoride GmbH, entered into a financing agreement to accelerate a broader and more intensive launch of holoride’s products in additional markets. Terranet’s share in holoride is 10.4%. At the end of last year, holoride launched its unique and award-winning XR/VR product for integration into vehicles manufactured by…
DetailsThe annual general meeting of Terranet AB (the “Company”) took place today, 10 May 2023 at The Spark, Scheeletorget 1, Lund. The meeting resolved with the required majority as follows: Adoption of the income statement and balance sheet The annual general meeting resolved to adopt Terranet’s income statement and balance sheet as well as the…
DetailsOn May 17, Terranet AB (publ) will release its Interim Report for the first quarter 2023. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CTO Nihat Küçük will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public.…
DetailsTerranet publishes the annual report for 2022 including corporate governance report and auditor’s report. Report is available at the company’s website www.terranet.se/en/reports For more information, please contactMagnus Andersson, CEOE-mail: magnus.andersson@terranet.se About Terranet AB (publ) Terranet is on a mission to save lives in urban traffic. We develop breakthrough tech solutions for Advanced Driver Assistance Systems…
DetailsDear Shareholder. With the first quarter nearing its end, the staff at Terranet’s offices in Lund and Stuttgart are working intensively to get BlincVision ready to demonstrate for potential customers. BlincVision is an anti-collision system for vehicles with a mission to save lives of vulnerable road users in urban traffic. The technology is based on…
DetailsThe Nomination Committee proposes Torgny Hellström as new Chairman of the Board of Terranet AB. Torgny’s large network of contacts and long experience of business development and sales on an international level will strengthen the Company’s long-term development. Through important advances in product development, Terranet has been able to go from being a development company…
DetailsThe shareholders of Terranet AB, reg.no 556707-2128 (the “Company”), are hereby convened to the annual general meeting on Wednesday 10 May 2023 at 11 am CEST at Scheeletorget 1, building The Spark, Lund. Registration begins at 10.45 am CEST. RIGHT TO PARTICIPATE AND REGISTRATION Shareholders who wish to attend the general meeting shall be entered…
DetailsIn November, Terranet commissioned Prevas Development AB to build the first prototype of BlincVision’s laser scanner module. The first prototype has now been delivered to Terranet. This is an important step towards the complete pre-production prototype for the BlincVision system. “This means that we can now test and evaluate our eye-safe scanner prototype in our…
DetailsTerranet AB (“Terranet” or the “Company”) today announces the outcome of the exercise of warrants of series TO5 B. In total, 8,655,357 warrants of series TO5 B were exercised, corresponding to approximately 70.2 percent of the total number of outstanding warrants of series TO5 B, for subscription of 8,655,357 B-shares at a subscription price of…
DetailsTerranet is making further progress in its commercialization of BlincVision by expanding its global sales and business development network with senior automotive advisors. This strategic move aims to speed up the process of finding the right customers and partners for the BlincVision product. The most recent addition to the global sales and business development network…
DetailsToday, March 22, 2023, is the last day of trading with the warrants of series TO5 B in Terranet AB (“Terranet” or “the Company”). The exercise period for the warrants of series TO5 B runs up until March 24, 2023. Each warrant of series TO5 B gives the owner the right to subscribe for one…
DetailsIn connection with a procured loan financing, that was carried out for the purpose of acquiring approximately 11 percent of the company Holoride in May 2021, Terranet AB (“Terranet” or the “Company”) issued warrants of series TO4 B and TO5 B. The warrants were issued approximately to 50 percent to the lender, and approximately 50…
DetailsMangold Insight repeats the buy-recommendation of the share in their updated commissioned research over Terranet AB. The analysis can be downloaded on our web: https://terranet.se/en/reports/ For more information, please contact Magnus Andersson, CEO E-mail: magnus.andersson@terranet.se About Terranet AB (publ) Terranet is on a mission to save lives in urban traffic. We develop breakthrough tech solutions…
DetailsSignificant events during the fourth quarter The company updated the market in two CEO letters stating that it is following the set schedule and that the goals for 2023 remain. Terranet presented its Q3 report with business update to shareholders in a webcast. Agreement was signed between Terranet and Prevas Development regarding the manufacturing of…
DetailsOn February 23, Terranet AB (publ) will release its year-end report 2022. On the same day at 9 a.m. CET, the company’s CEO Magnus Andersson and CTO Nihat Küçük will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public. The presentation will be…
DetailsMagnus Andersson, CEO, shares an update in CEO letter. Read more: CEO letter, December 2022
DetailsDear Shareholder. It is time to look back and reflect on this year and at the same time also look forward to an exciting 2023. The past year has been challenging due to drastic changes in the geopolitical situation. To ensure that the development of BlincVision continues without any obstacles, we maintain a close dialogue…
DetailsTerranet starts off the year by attending CES 2023. Reda more: Terranet CES 2023
DetailsSignificant events during the third quarter Terranet notified the market that the company is ready to produce the first sample version of its scanner module. Magnus Andersson took over as CEO for Terranet on 1 September. At the same time, Göran Janson went from the role as CEO and board member to his regular role…
DetailsOn November 17, Terranet AB (publ) will release its Interim Report for the third quarter 2022. On the same day at 11 a.m. CET, the company’s CEO Magnus Andersson and CTO Nihat Küçük will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public.…
DetailsThrough a strategic partnership, tech company Terranet is taking decisive steps towards a complete prototype for its driver assistance system BlincVision. Prevas is commissioned to build the first prototype of BlincVision’s laser scanner module. Terranet has chosen Prevas as a partner to manufacture a first prototype of the scanner module that will be part of…
DetailsBig day for holoride today. They are launching their product to the market. Terranet is a shareholder in holoride. Read more: holoride launch
DetailsMagnus Andersson, CEO, shares an update with the shareholders Read more: Shareholder letter
DetailsThe Swedish journal Elektroniktidningen interviews Nihat Kucuk, CTO at Terranet, covering the product development of BlincVision. Read more: Nihat Kucuk in Elektroniktidningen
DetailsSydsvenskan interviews Terranets CEO, Magnus Andersson, about how BlincVision will save lives in city traffic. Read more: Terranet in Sydsvenskan
DetailsPRESS RELEASELund, 28 September 2022 Terranet has completed its extensive development and simulation phase required to finalize the technical specs of its laser scanning unit for the automotive industry. The next step is to decide on a partner who will manufacture the A–sample*. Over the past year, Terranet has made significant progress in the development…
DetailsTerranet welcomes new employees to the team Read more: Team expands
DetailsMagnus Andersson, CEO of Terranet, is interviewed by the newspaper Skånska Dagbladet, covering the product development and the company’s path forward. Read more: Terranet in Skånska Dagbladet
DetailsPRESS RELEASELund, September 1, 2022 Today, September 1, Magnus Andersson assumes his position as CEO of Terranet. In connection with Magnus starting his role, interim CEO Göran Janson will return to his role as Chairman of the Board, and Anders Blom will resume his position as Board member. ”There is a lot of potential in…
DetailsSignificant events during the quarter The management and board of Terranet acquired warrants. Terranet announced an update in the development of the company’s BlincVision technology, the next steps in the development process and the most important milestones as the company moves to commercialize the technology. Terranet participated in Mangold’s investor event on the theme of…
DetailsPRESS RELEASELund, July 26, 2022 Terranet’s newly appointed CEO Magnus Andersson has entered an agreement to acquire all his 2,500,000 eligible warrants in the company in connection with his taking office as CEO. The warrants are part of the incentive program for management and employees that was resolved by the 2022 Annual General Meeting in…
DetailsPRESS RELEASE Lund, July 15, 2022 Terranet’s Board of Directors has appointed Magnus Andersson as the new CEO of the company. Magnus has over 20 years of international experience in successfully building and leading fast-growing tech companies in the automotive industry and energy sector. He most recently held the position as Interim CEO of transportation…
DetailsNihat Kucuk, CTO, shares his thoughs after visiting the ADAS expo in Stuttgart. Read more: ADAS expo in Stuttgart
DetailsGöran Jansson, acting CEO, shares an update on the development of the company’s anti-collision system BlincVision. Read more: Shareholder letter, June 2022
DetailsPRESS RELEASELund, June 10, 2022 Terranet’s CTO Nihat Küçük and Board Members Magnus Edman, Göran Janson and Karolina Bjurehed acquire warrants in the company. The warrants are part of the two incentive programs that were resolved by the 2022 Annual General Meeting in accordance with the Board’s proposal. Nihat Küçük, Magnus Edman and Göran Janson…
DetailsLund, May 13, 2022 Next Wednesday, May 18, Terranet will participate in Mangold’s investor event on the theme mobility Tech. Acting CEO Göran Janson and Head of Development/CTO Nihat Küçük present the company and talk about how Terranet’s ADAS-technology BlincVision can save lives in urban traffic. The event is open to the public and is…
DetailsLund, May 12, 2022 Significant events during the first quarter Terranet updated the market for BlincVision, which is based on VoxelFlow™, and announced that the technical goals the company set for 2021 have been achieved and exceeded. Warrants of series T04 B were subscribed at approximately 80% and raised a total of MSEK 6.4 before…
DetailsPRESS RELEASELund, May 4, 2022 Terranet AB (publ) (Nasdaq: TERRNT-B) today shares an update on the development of its BlincVision technology, next steps in the development process and the key milestones to commercialize the solution for the global automotive industry. In 2021, BlincVision progressed from lab testing to Proof of Concept, when its functionality was…
DetailsPRESS RELEASELund, May 4, 2022 Terranet AB (publ) (Nasdaq: TERRNT-B) today shares an update on the development of its BlincVision technology, next steps in the development process and the key milestones to commercialize the solution for the global automotive industry. In 2021, BlincVision progressed from lab testing to Proof of Concept, when its functionality was…
Details28 April 2022 The annual general meeting of Terranet AB (“Terranet” or the “Company“) was held today on 28 April 2022 and the following resolutions were passed by the meeting. ADOPTION OF THE INCOME STATEMENT AND BALANCE SHEETThe annual general meeting resolved to adopt Terranet’s income statement and balance sheet as well as the consolidated…
Details7 April, 2022 Annual report 2021 and auditor’s report for Terranet AB (publ) is now available on the company’s web site on the following link: www.terranet.se/en/reports For further information, please contact:Thomas Falkenberg, CFOTel: +46 703 360 346E-mail: thomas.falkenberg@terranet.se About TerranetTerranet AB (Nasdaq: TERRNT-B). With a vision to save lives Terranet designs and develops a new…
DetailsNotice of annual general meeting in Terranet AB The shareholders of Terranet AB, reg. no. 556707-2128, (the “Company“) are hereby invited to the annual general meeting on Thursday 28 April 2022. Information with respect to the coronavirusThe Company is mindful of the health and well-being of its shareholders and employees. It is important…
DetailsTerranet AB (”Terranet” or the ”Company”) today announces the outcome of the exercise of warrants of series TO4 B, which were issued during the second quarter of 2021. In total, 11,436,473 warrants of series TO4 B were exercised, corresponding to approximately 80 percent of the total number of outstanding warrants of series TO4 B, for…
DetailsToday, March 9, 2022, is the last day of trading with the warrants of series TO4 B in Terranet AB (“Terranet” or “the Company”). The subscription period for the warrants of series TO4 B runs up until March 11, 2022. Each warrant of series TO4 B gives the owner the right to subscribe for one…
DetailsTerranet AB (”Terranet” or the “Company“) hereby announces that the Chairman of the Board, CEO and major shareholder in the Company intend to exercise all of their warrants of series TO4 B, an investment of approximately SEK 1.9 million, corresponding to approximately 23.5 percent of the total amount of outstanding warrants of series TO4 B.…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsSignificant events during the fourth quarter • Terranet moved into a new office in Stuttgart• Cooperation agreement with NEVS signed together with the company’s partner holoride• Thomas Falkenberg took over as new CFO• A well-attended Capital Markets Day was held in Stockholm• An Extraordinary General Meeting was held in Terranet AB, where four new Board…
DetailsLund, February 7th, 2022. Terranet AB (publ) (Nasdaq: TERRNT-B), a tech company that provides advanced driver assistance systems (ADAS) for the automotive industry, today provided a brief strategic update following recent leadership restructuring, and reported that the technology target objectives stated in early 2021 have been met. Terranet’s primary focus is to develop BlincVision, powered…
DetailsDuring the period in which Göran Janson is having the role of interim CEO while the Company is looking for a permanent CEO, Göran Janson will temporarily step down from his position as Chairman, and now having the role as a Board Member. The Board Member Anders Blom has by the Board been appointed as…
DetailsLund, February 4, 2022. Terranet AB (Nasdaq: TERRNT-B), a tech company that provides advanced driver assistance systems (ADAS) for the automotive industry announced today that the Board of Directors has terminated Pär-Olof Johannesson’s employment as CEO of Terranet AB (publ.) (“Terranet”) with immediate effect. Terranet’s Chairman Göran Janson has taken over as interim CEO until…
DetailsToday Terranet announces that the company’s CMO, Michaela Berglund, has resigned from her duties at Terranet. Marketing and Sales will be managed by the CEO Pär-Olof Johannesson as of today. About Terranet Terranet AB (Nasdaq: TERRNT-B). With a vision to save lives Terranet designs and develops a new class for vision-based sensor systems, used for…
DetailsAll the electric bikes and scooters that rolled into CES 2022 The BlincBike device attaches to your bike as two separate pieces with a camera and sensors to give warnings that are meant to help prevent crashes. It monitors all around your bike, including behind it, to monitor what’s happening as you ride. More information is…
DetailsThe extra general meeting of Terranet AB (“Terranet” or the “Company”) was held today on the 30th of December 2021 and the following resolutions were passed by the meeting. ELECTION OF THE BOARD OF DIRECTORS AND FEES TO THE BOARD OF DIRECTORS The general meeting resolved that the board of directors shall consist of six directors without deputies. The directors…
DetailsTerranet, NEVS och holoride collaboration in Techcrunch. “Earlier this month, Holoride announced a partnership with NEVS, a Swedish electric car manufacturer, to integrate its tech into the automaker’s PONS mobility system, a self-driving shared mobility concept featuring Sango, a purpose-built AV. Holoride’s tech would continue to be bolstered by software development company Terranet’s VoxelFlow technology, which…
Details“Self-driving AI is not just for cars — it’s coming to e-bikes too” One further step on our journey to claim urban safety for everyone – from ADAS to e-bikes. Our mission is to save lives on roads with BlincVision (powered by VoxelFlow) for automotive and BlincBike for micro-mobility. Thank you The Next Web for…
DetailsOur exciting product-launch BlincBike is picked up in TechCrunch. The innovative e-bike product will offer first-of-its-kind safety applications for cyclists and help them keep their eyes on the road ahead and fits into any e-bike. BlincBike will keep an eye on the hazardous events potentially occurring from behind the cyclist with a full capture rear…
DetailsThe shareholders of Terranet AB, reg. no. 556707-2128, (the “Company“) are hereby invited to the extra general meeting on Thursday 30 December 2021. Information with respect to the coronavirus The Company is mindful of the health and well-being of its shareholders and employees. It´s important for the Company to take a social responsibility and contribute…
DetailsThe board of directors has decided to cancel the extra general meeting and replace it with a new extra general meeting which also includes the agenda item of fees to the board of directors and remuneration committee. The extra general meeting which is now cancelled was scheduled on December 16th 2021. About Terranet Terranet AB…
DetailsNEVS and holoride to investigate use of Terranet VoxelFlow technology “Vision-based sensor system developer Terranet has signed an agreement with autonomous mobility provider NEVS (National Electric Vehicle Sweden) to investigate the integration of its VoxelFlow technology into the NEVS autonomous mobility system, PONS. “The safety of both our passengers and all surrounding road users is…
DetailsIn order to strengthen its investor relations, this domain will effective immediately be organized under Group Function Treasury headed by Terranet’s new CFO Thomas Falkenberg. With this change the company also streamline its business operations to unleash and leverage the joint capabilities of its CMO Michaela Berglund, its CTO Nihat Kuecuek and its CEO Pär-Olof…
DetailsThe innovative e-bike product will offer first-of-its-kind safety applications for cyclists Lund, Sweden – Dec 6th, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST). Terranet, the creators of groundbreaking vehicle safety technology, VoxelFlow™ announced today their latest e-bike innovation for urban mobility, BlincBike, a landmark step forward for micromobility safety. BlincBike is a connected e-bike…
DetailsOn the 6th of December Terranet welcomes you to an exclusive day where you will be exposed to some of the avant garde brains in the Terranet ecosystem and the global automotive industry. At this event Terranet will reveal the latest progress and milestone achievements and showcase some insights behind the industry-collaborations. Please ensure you reserve…
DetailsThe shareholders of Terranet AB, reg. no. 556707-2128, (the “Company“) are hereby invited to the extra general meeting on Thursday 16 December 2021. Information with respect to the coronavirusThe Company is mindful of the health and well-being of its shareholders and employees. It´s important for the Company to take a social responsibility and contribute to…
DetailsThird quarter 1 July – 30 September 2021 Revenue amounted to SEK 616 thousand (0) Operating profit/loss amounted to SEK -6,616 thousand (-6,681) Net profit/loss for the period amounted to SEK -7,637 thousand (-7,342) Cash flow from operating activities amounted to SEK -8,681 thousand (-5,216) The group’s cash and cash equivalents amounted to SEK 73,012…
DetailsThomas Falkenberg will take over as interim CFO at Terranet by the 1st of December. Thomas has a background from, among others, the media industry and comes most recently from Bauer Media, where he worked as CFO. “We welcome Thomas to the company and look forward to a strengthened team that together will continue to develop…
DetailsAuto safety tech company debuts innovative, demo space, creating an interactive experience to showcase its revolutionary technology in the heart of Europe’s auto hub Lund, Sweden, Nov 9 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of automotive safety technologies including VoxelFlow™, today announced the opening of its new showroom in Stuttgart, Germany. As…
DetailsLund, Sweden, November 4, 2021 – Terranet AB (TERRNT B), developers of advanced driver-assistance software (ADAS) that specifically addresses safety and comfort through precise, fast, and intelligent sensor technology, has announced teaming up with holoride to explore innovative applications for its VoxelFlowTM technology – helping to revolutionize in-vehicle experiences for passengers in autonomous vehicles. Munich-based…
DetailsTerranet AB (NASDAQ: TERRNT B) teams up with NEVS to explore innovative applications of its VoxelFlowTM technology to redefine urban road safety enabled by its unrivalled detection speed Lund, Sweden, November 4, 2021 – Today, a joint agreement is signed between pioneers Terranet and autonomous mobility provider NEVS to together work on establishing a new paradigm of…
DetailsOn the 6th of December Terranet welcomes you to an exclusive day where you will be exposed to some of the avant garde brains in the Terranet ecosystem and the global automotive industry. At this event Terranet will reveal the latest progress and milestone achievements and showcase some insights behind the industry-collaborations. We welcome some…
DetailsOn the 6th of October Terranet is invited to participate at the Redeye autotech event together with prominent leaders in the Swedish autonomous and electric vehicle space. In this event you can learn more about why we are so confident that autonomous vehicles will redefine what safety means for all vehicles and what innovation is…
DetailsIn a new analysis Mangold Insight reiterates its buy recommendation for the Terranet stock following the recent events for the company and the activity in the sector.Furthermore the expanding team with a high commercial focus is highlighted. The lifesaving VoxelFlow technology is complementing other in-vehicle sensor technologies. The speed of classifying and tracking objects up to…
DetailsTerranet AB (”Terranet” or the ”Company”) today announces the outcome of the exercise of warrants of series TO3 B, which were issued in connection with the Company’s preferential rights issue during the second quarter of 2020. In total, 49,939,,674 warrants of series TO3 B were exercised, corresponding to approximately 98.9 percent of the total number…
DetailsTerranet AB (”Terranet” or the “Company”) hereby announces that the major shareholders in the Company intend to exercise all of their warrants of series TO3 B, an investment of approximately SEK 13.5 million, corresponding to approximately 33.5 percent of the total amount of outstanding warrants of series TO3 B. The subscription period for the warrants…
DetailsToday, August 27, 2021, is the last day of trading with the warrants of series TO3 B in Terranet AB (“Terranet” or “the Company”). The subscription period for the warrants of series TO3 B runs up until September 3, 2021. Each warrant of series TO3 B gives the owner the right to subscribe for one…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsRead the article here.
Read the article here.
Lund, Sweden, Aug 3, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of automotive safety technologies including VoxelFlow™, have received a purchase order from holoride in the amount of 160,000 EUR. The project is part of an engineering service offering by Terranet on the impact of cellular localization for holoride’s in-car entertainment user experience. holoride…
DetailsAs its VoxelFlow™ sensor tech showcases ability to react to objects in less than 20 milliseconds, the Company will now focus on developing its unique AI technology for classification of objects. Lund, Sweden, July 21, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of Advanced Driver Assistance Systems, announced today at STARTUP AUTOBAHN that…
DetailsTerranet to Join Mercedes-Benz in Joint Presentation as Segment Leaders Prepare to Introduce Revolutionary Latency Numbers Lund, Sweden, July 1, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow™, announced today that it will be showcasing breakthrough developments to its ultra…
DetailsTerraNet AB has changed to Terranet Tech AB whereas TerraNet Holding AB changes to Terranet AB. Henceforth, N in Terranet, is represented in lower case, and not as previously as a capital letter. The change is consistent with a new strategic direction and the turnaround that the company has executed. While previously pioneering the mesh network…
DetailsLund, Sweden – JUNE 17, 2021 Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST) Today Terranet announced that Mercedes-Benz Head of Navigation & Maps, Nihat Küçük, will start as CTO and SVP Product Management for the fast growing VoxelFlow team in Lund and in Stuttgart, Germany. Throughout his career, Mr. Küçük has worked at the forefront of…
DetailsAs previously communicated in Swedish on the 25th of May, 2021. Lund, Sweden – June 3rd, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST). Terranet has announced it has joined NVIDIA Inception, an accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences. Through NVIDIA Inception, Terranet will have opportunities to…
DetailsTerraNet Holding AB (”Terranet” or the ”Company”) will, in accordance with the terms for the issued warrants of series TO3 B, perform a recalculation of the terms for the warrants as a consequence of the directed issue of warrants that was made public on April 22, 2021. Recalculation will be applied to both the exercise…
DetailsAs previously communicated, TerraNet Holding AB (”Terranet” or the ”Company”) has allocated one (1) warrant of series TO4 B to the Company’s existing shareholders for every thirty-seven (37) shares owned on the record date, May 5, 2021, and one (1) warrant of series TO5 B for every forty-three (43) shares owned on the record date,…
DetailsFirst quarter 1 January — 31 March 2021 • Revenue amounted to 409 thousand (481). • Revenue amounted to SEK -9 426 thousand (-9,440). • Net profit/loss for the period amounted to SEK -9,996 thousand (-10,195). • Cash flow from operating activities amounted to SEK -10,314 thousand (-10,029). • Cash and cash equivalents amounted to…
DetailsTerranet har växlat upp med ett nytt tempo i produktutvecklingen av VoxelFlow genom att nyligen ha undertecknat strategiska samarbetsavtal med Prophesee, Sensor Cortek och Summer Robotics. Samtliga tre är branschspecialister inom algoritmutveckling, kamerahårdvara, robotautomation och bildanalys. Dessa ingångna samarbetsavtal tillsammans med den nyligen aviserade investeringen i Holoride (med Audi som huvudägare) samt deltagandet tidigare i år i Startup Autobahn…
DetailsSegment Leaders Prophesee and Sensor Cortek Offer Complimentary Solutions Across Segments, Expanding Terranet’s Brand and Speeding up VoxelFlow™ Development Lund, Sweden – April/March XX, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assistance software (ADAS) that specifically addresses safety and comfort through precise, fast, and intelligent sensor technology, today announced strategic partnerships with…
DetailsAs Terranet AB (”Terranet” or the ”Company”) communicated on April 22, 2021, the board of directors decided to issue warrants of series TO4 B and TO5 B (the “Warrants”) to the current shareholders of Terranet who, on each record date, holds shares in the Company. The Warrants were issued as part of the financing arrangements…
DetailsPress release, Lund 29 April 2021 Announcement from TerraNet Holding’s annual general meeting The annual general meeting of TerraNet Holding AB (“TerraNet” or the “Company“) was held today on 29 April 2021 and the following resolutions were passed by the meeting. ADOPTION OF THE INCOME STATEMENT AND BALANCE SHEETThe annual general meeting resolved to adopt TerraNet’s…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE…
DetailsAutomotive Tech Leaders Join Forces as Terranet Leads holoride’s Double-Digit Million Euro Investment Round and Enters into Strategic Alliance. Munich, Germany and Lund, Sweden – April 22, 2021 – holoride, the company advancing the future of in-vehicle media and winners of the SXSW Pitch 2021, today announced it raised its Series A investing round, collecting €10…
DetailsJoin us in developing world-leading technology for self driving cars We are looking for you who want to be part of Terranet’s success story from Lund Sweden. The automotive environment is being shaped by autonomous driving, connectivity, and powertrain electrification. Right now, we are looking for the market’s sharpest expertise, which together with us wants…
DetailsThe MAR label was not applicable in the press release published earlier today.
The shareholders of TerraNet Holding AB, reg. no. 556707-2128, (the “Company“) are hereby invited to the annual general meeting on Thursday 29 April 2021. Information with respect to the coronavirusThe Company is mindful of the health and well-being of its shareholders and employees. It´s important for the Company to take a social responsibility and contribute…
DetailsTerranet’s Ultrafast AV Sensor Technology VoxelFlow™ Continues to Disrupt the Lidar and Radar Sectors within the Automotive Industry Lund, Sweden – 29th of March, 2021 — Mangold Fondkommission AB (‘Mangold Insight’) has published a new analysis on Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), suggesting promising buy-recommendations and highlighting the market opportunity available to the AV software…
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER…
Detailsver the past two years, China and the U.S. have been fully engaged in a trade war as a result of tariffs imposed by President Donald Trump claiming unfair trade practices. This had led to rising tensions between the two countries and countless tariffs on goods and products worth billions of dollars. While a trade deal…
DetailsToday, March 12, 2021, is the last day of trading with the warrants of series TO2 B in TerraNet Holding AB (“TerraNet” or “the Company”). The subscription period for the warrants of series TO2 B runs until March 19, 2021. Each warrant of series TO2 B gives the owner the right to subscribe for one…
DetailsTerranet is featured in The Break Report. Terranet developers of advanced driver-assistance software that specifically addresses safety, successfully showcased its patented, VoxelFlow™ sensor technology at STARTUP AUTOBAHN yesterday in a joint presentation with Mercedes-Benz. http://bit.ly/2PNlEv3
DetailsNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT…
DetailsTerranet Holding AB issues a correction of today’s press-release regarding the company’s Fiscal 2020 Financial Results, which was published at 08:45 2021-02-26. The correction as the press release lacked the MAR classification and the Attached Year-End Report. To Report: http://bit.ly/3aVukHT To video about VoxelFlow™: https://bit.ly/2ZUWah7 About Terranet Terranet develops software for radio-based solutions and three-dimensional image analysis for…
DetailsLund, Sweden, February 26, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow™, today reported financial results for the conclusion of its fiscal year 2020, ended December 31, 2020. Corporate highlights from the fiscal year January 1, 2020 – December 31,…
DetailsBreakthrough Sensor Specifically Addresses AV & ADAS Safety Through Life-Saving 3D Vision Technology Lund, Sweden, February 25, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assistance software that specifically addresses safety, successfully showcased its patented, ultra-fast VoxelFlow™ sensor technology at STARTUP AUTOBAHN yesterday, in a joint presentation with Mercedes-Benz. VoxelFlow™ uses high-speed…
DetailsThe Scandinavian Leaders in Driving Automation Software also Announces Rebrand, Ensuring Safety on Future Roadways. Lund, Sweden, February 9, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow™, announced today that it’d be participating in STARTUP AUTOBAHN where it will highlight…
DetailsTech has historically struggled to detect, track, and classify objects fast and reliably enough to prevent many corner-case collisions, like a pedestrian suddenly appearing from behind a parked vehicle. Enter event-based sensors, technology being developed within autonomous-driving systems offering advanced technology to provide vehicles with enhanced safety measures where other technology falls short. Read blog:…
DetailsTerranet in Lifewire. “Big name players will certainly help increase the speed at which we are able to roll out self-driving fleets,” wrote TerraNet CEO Pär-Olof Johannesson, to Lifewire in an email. “Big Tech has their work cut out for them: prioritize safety in their rollouts.” Read the article here: http://bit.ly/3pqNN7S
DetailsLeading AV manufacturers typically rely on frame-based sensors, but event-based systems offer faster detection of objects in close proximity. Terranet published in Electronic Design http://bit.ly/3sNRzdN
Lund, Sweden, January 8, 2020 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow, today received a 31,000 EUR purchase order from Daimler Mercedes-Benz. “We look forward with confidence to the coming year and to continue the work with the delivery of…
Details“The lack of involvement from the present administration seems minor, but when you compare it to the EU, which has mandated that all cars include ADAS features by 2022, the US appears to be lagging behind.” observes P.O. Johannesson, Chief Executive of safety software specialist TerraNet http://bit.ly/2XgsrO6
2020 has been a year of uncertainty and as the U.S. heads into 2021 under President-elect Joe Biden, the next four years could prove crucial to the country’s ability to not only stay competitive in the autonomous vehicle race, but also pave the way for safer roadways. Read here
Terranet CEO Pär Olof Johannesson featured in IBT Over the past two years, China and the U.S. have been fully engaged in a trade war as a result of tariffs imposed by President Donald Trump claiming unfair trade practices. This had led to rising tensions between the two countries and countless tariffs on goods and…
DetailsLawrence Burns Joins Impressive List of AV Industry Leaders to Sit Down with Terranet Executives Lund, Sweden – December 14, 2020 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow, today released its latest podcast episode featuring renowned autonomous vehicle executive Lawrence…
DetailsLawrence D Burns Joins Impressive List of AV Industry Leaders to Sit Down with Terranet Lund, Sweden – December 14, 2020 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow, today released its latest podcast episode featuring renowned autonomous vehicle executive Lawrence…
DetailsIs autonomous driving a part of our future societies or is it an illusion? What is life in a smart city like and how should a startup position themself now to become successful within mobility? In this episode, Michaela Berglund talks to experts Christian Larsson, SVP R&D Terranet and Jennifer Dungs responsible for the strategic…
DetailsTerranet’s CEO Pär-Olof Johannesson is commenting how the U.S. election could affect the future of autonomous driving. Biden has signaled some changes which could prove favorable to the AV industry in The Robot Report. Read article in full here https://bit.ly/3g288N2
With a Signed LOI, Terranet Joins Forces with AFRY to Secure Their Role in the Autonomous Driving Industry Lund, Sweden, November 13, 2020 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow, today announced their upcoming partnership with leading Swedish-Finnish consulting and…
DetailsThird quarter 1st July – 30th September 2020 Revenue amounted to SEK 0 thousand (604) Operating profit amounted to SEK -6,681 thousand (-7,873) Net profit/loss for the period amounted to SEK -7,342 thousand (-9,790) Cash flow from operating activities amounted to SEK -5,216 thousand (-8,460) Cash and cash equivalents amounted to SEK 20,717 thousand (11,569)…
DetailsJohan Wångblad Brings Vast Experience from Leading Swedish Carmaker to Terranet Team That’s Rapidly Expanding Lund, Sweden, November 12, 2020 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow, today announced the addition of Johan Wångblad as CFO, effective December 1, 2020.…
DetailsTerranet Holding AB (”Terranet” or the ”Company”) today announces the outcome of the exercise of warrants of series TO1 B, which were issued in connection with the Company’s preferential rights issue. In total, 47,503,386 warrants of series TO1 B were exercised, corresponding to approximately 94 percent of the total number of outstanding warrants of series…
DetailsLund, Sweden and Stuttgart, Germany, October 20, 2020 – TerraNet AB (TerraNet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of 3D motion awareness technology, today announced its signed a Memorandum of Understanding (MoU) with leading automotive marque Mercedes-Benz AG. ABOUT TERRANETTerraNet has a strategic focus in active safety and develops software…
DetailsMangold Fondkommission AB today published a new analysis of TerraNet Holding AB. Mangold sets a buy recommendation and a 12-month forward target price of SEK 2.50. The analysis can be found here: https://insight.mangold.se/company/terranet-holding/. For more information please contact: Pär-Olof Johannesson, CEO parolof.johannesson@terranet.se +46 70 332 32 62 Mattias Larsson, CFO mattias.larsson@terranet.se +46 72 709 56 01…
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DetailsLund, Sweden, October 5, 2020 – TerraNet AB (Nasdaq: TERRNT-B.ST), developers of advanced driver-assistance systems (ADAS) breakthrough 3D motion awareness technology VoxelFlow, today announced the fifth episode of its current podcast season. The purpose of the podcast series is to make the wisdom of both autonomous and anti-collision systems go wiral as our vision is…
DetailsPanel Includes Volvo Executives, HoloRide CEO and a Former Swedish Astronaut Lund, Sweden, September 28, 2020 – TerraNet AB (TerraNet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology VoxelFlow, today announced a new episode of its podcast. With the goal of having deeper, more honest discussions…
DetailsTerraNet Holding AB (”TerraNet”) has entered into an agreement with Mangold Fondkommission AB (Mangold) whereby Mangold will replace ABG Sundal Collier and act as liquidity provider for the TerraNet share on Nasdaq First North Premier Growth Market. The purpose of the liquidity provider is to improve the liquidity of the share and decrease the spread…
DetailsGöran Janson Named Chairmen of the Board of Directors; Senior leadership aligned on operating priorities and strategic objectives to bring breakthrough autonomous vehicle technology to key high-growth verticals Lund, Sweden, September 15, 2020 – TerraNet AB (TerraNet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assist systems and the creators of breakthrough 3D motion awareness technology…
DetailsThe extra general meeting of TerraNet Holding AB (“TerraNet” or “the Company“) was held September 4, 2020 and the following resolutions were passed by the meeting. Election of the board of directors and fees to the directors The extra general meeting resolved that the board of directors shall consist of six directors without any deputies.…
DetailsFollowing the launch at CES in Las Vegas 2020, Terranet has through Q1 up to now taken further important steps in the development and proof of concept cycle with the life saving 3D motion software technology – Voxelflow. “With higher accuracy, lower latency at higher resolution we are coming closer to a point what no…
DetailsAt next week’s International CES 2020, Terranet will demonstrate VoxelFlow – a 3D motion perception technology capable of detecting and classifying objects far more accurately and exponentially faster than Lidar. Terranet’s demo is timely considering Tesla CEO Elon Musk shocked the press just last April with his remarks: “Lidar is a fool’s errand. Anyone relying…
DetailsSome pictures from the 5GAA conference in Turin, Italy, where we also presented in front of the Mayor of Turin. Together with Intel, Terranet jointly demonstrated a 4K streaming video application running over 5G networks utilizing Predictive Quality of Service (QoS) and Multi-Access Edge Computing (MEC). It was great to meet with so many automotive…
DetailsToday in Turin Italy, Terranet and Intel will jointly demonstrate a 4K streaming video application running over 5G networks utilizing Predictive Quality of Service (QoS) and Multi-Access Edge Computing (MEC). The 5GAA In-Vehicle Entertainment (IVE) use case will be prominently featured as part of the C-V2X demos on display at the 5GAA conference, scheduled to…
Details(Swedish) Varför är självkörande fordon bra? Hur bra är de för Lund och Skåne? Och inte minst, vad kan de bidra med för den enskilde medborgaren? Måndag 20 maj, kommer representanter för framtidens smarta mobilitetslösningar att ge korta presentationer på ämnet – men också öppna upp för ett panelsamtal, där det är du i publiken…
DetailsTerranet and Nubia Technology Co., Ltd has entered into a Letter of Intent and agreed on working collaboratively to identify compelling WiFi Aware applications and attractive consumer use cases for consideration for deployment in Nubia mobile phones in Q1 2019. Nubia has Its headquarters in Shenzhen in China and is one of the 10 largest…
DetailsJunshi Chen is an industrial PhD student at Lund Technical University and a Research Engineer at Terranet. His expertise is within Information Technology and know quite a lot about 5G: Why do we need 5G? The development of 5G is a very ambitious project. In large, it is about increasing the speed when it…
DetailsOla Samuelsson is the new CEO at Terranet since July 27, 2018. He is the former CTO of the company where he led a team of 25 engineers through the company’s various development projects. It has been almost three weeks since you where appointed CEO and we think it’s time to get to know Ola…
DetailsTerranet and a leading global productivity partner in the resource sector, subsidiary to a listed conglomerate, have today entered into an agreement to perform a proof-of-concept (POC) designed to facilitate intelligent machine-to-machine and machine-to-mobile communications in an offline capacity.
DetailsTerraNet has today received an order of 950 000 SEK for the continued development of LTE-based active safety for autonomous vehicles.
DetailsDownload the November 17th, 2017 Edison Report here: http://www.edisoninvestmentresearch.com/research/report/terranet756154/preview/
DetailsIn Adam Piandes’ latest #LikeABoss Leadership article published in Forbes, TerraNet’s CEO Pär-Olof Johannesson was interviewed on the importance of communicating your vision: “Certain key tenets must be in place, such as clarity and unambiguous guidance. In my view, leadership is about formulating a vision, clearly articulating that in front of your staff, board, investors,…
DetailsCorrection from press release sent 15.00 CET, July 17, 2017
TerraNet has signed an agreement with Orange Labs with an initial order value of EUR 30,000 to customize and field test a data sharing app based on GriDD, TerraNet’s patented and disruptive technology, for users to share and trade data capacity between each other. The technology empowers users to access mobile data in any situation, allowing them to always stay connected.
TerraNet has signed an agreement with Orange Labs to customize and field test a data sharing app based on GriDD, TerraNet’s patented and disruptive technology, for users to share and trade data capacity between each other. The technology empowers users to access mobile data in any situation, allowing them to always stay connected.
DetailsTerraNet has recently been approved partner to a leading international defense industry group and has now received an order to deliver customized testing equipment to further explore use cases and to optimize TerraNet’s patented algorithms for data and video streaming outside the internet.
DetailsTerraNet and Alfa Laval have today entered into a cooperation to develop innovative solutions for Alfa Laval’s product and service catalogue, using TerraNet’s off-line software platform to decrease infrastructure costs, improve performance monitoring and enable new business models for Alfa Laval clients.
DetailsIn light of TerraNet’s recent Nasdaq First North premier IPO and ongoing costumer projects, TerraNet is organizes the company to reflect its increasing focus on consumer IoT and industrial IoT. In response, the company has made some key recruitments, appointing Christian Lönne as Vice President of Consumer IoT and Christina Björnström as Vice President of Marketing and Investor Relations.
DetailsTerraNet has today received an order under an existing partner development program to test drive cars in real traffic settings, having the TerraNet application for vehicle-to-vehicle communication (V2V) for active safety installed. The order also includes to optimize the upcoming mobile communication standards 5G and LTE-V networks by using TerraNets algorithms for V2V communication to forward data and safety messages in offline mode.
DetailsOn May 30th, the trading in TerraNet Holding AB’s shares (short name: TERRNT B) commenced on Nasdaq First North Premier in Stockholm.
TerraNet and Bitcraze have initiated a partnership to develop new smart positioning solutions for various industrial applications. By using TerraNet’s software for intelligent machine-to-machine communication and awareness connectivity and Bitcraze’s 3D positioning and navigation system, new features will be developed to support connectivity, positioning and navigation with high precision in environments where traditional positioning techniques are insufficient.
DetailsTerraNet and Mapillary have initiated a partnership to develop and promote new smart vehicle-to-vehicle (V2V) features for the automotive industry. By combining TerraNet’s unique software for positioning and intelligent machine-to-machine communication in offline mode with Mapillary’s base of real time, street-level imagery, the companies are expected to provide new solutions to a fast-growing market within automotive addressing both active safety and self-driving cars which provides high growth potential for both companies.
DetailsToday, TerraNet and TelugoOne officially launches of the TOneFlix app in India. As a result, TelugoOne’s three million daily users get access to TerraNet’s offline communication platform. The event will be celebrated with a release party in Amaravati, Capital of Andhra Pradesh, in presence of honored guest Mr Nara Lokesh, Honourable Minister if IT, Govt…
DetailsStefan K. Persson was appointed Board member of TerraNet Holding AB at the Extraordinary General Meeting on May 8th, 2017. Stefan K. Persson works as COO of Bang & Olufsen A/S and provides TerraNet with expertise within product and business development in an international landscape. Other Board members remain in their positions.
DetailsAnna Gallon embarks as CFO at TerraNet. Her previous position was as CFO with Hövding AB.
DetailsTerraNet has launched the app TOneFlix for Android on Google Play in India. The app was developed in collaboration with the Indian multimedia company TelugoOne. TelugoOne has more than 3 million daily viewers of their video streaming service that offers Bollywood movies on YouTube in the two Telugo-speaking states of Andhra Pradesh and Telangana.
DetailsTerraNet has, as of today, entered into a long-term technology development collaboration with Lund Institute of Technology (“LTH”) within vehicle-to-vehicle communication (V2V). As part of the collaborate effort TerraNet will be financing a Ph.D. candidate at LTH for the completion of his doctoral thesis in the field of active safety for sensor based communication between vehicles.
DetailsTerranet har tagit in 25 miljoner kronor och närmar sig ett genombrott i Indien. Samtidigt förbereder mjukvarubolaget en börsintroduktion och en ny investeringsrunda på 100 Mkr.
Discover a new business opportunity in the mobile offline-based proximity networks. RSVP by August 23rd NEW YORK Aquavit 65 Est 55th Street New York, NY 10022 Wednesday, August 31 at 8:30 am BOSTON Harvard Faculty Club 20 Quincy Street Cambridge, MA 02138 Thursday, September 1 at 8:30 am
DetailsTerraNet Meshmedia app will be officially launched globally in January 2017.
HYDERABAD: Sweden-headquartered TerraNet AB sees India as an entry and target market for its MeshMmedia – an app that enables offline sharing of film and music between mobile devices and tablets.