News

Terranet postpones Q1 report date

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…

Terranet publishes the annual report for 2024

Terranet 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…

The Board of Directors has resolved to carry out directed issues of units totaling approximately SEK 25 million and a fully underwritten rights issue of units of approximately SEK 15 million

NOT 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…

Terranet AB – Year-end report 2024

Significant 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…

Terranet invites to presentation of Year-end report on February 19, 2025

On 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…

Terranet participates in a new research project  for improved traffic safety

AstaZero*, 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…

Terranet announces Lars Lindell as new CEO

The 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…

Terranet signs agreement with a vehicle manufacturer in the mining industry

Terranet 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…

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…

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…

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…

Terranet signs an agreement with a global leader in the automotive industry

Terranet 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…