Press releases
Recent 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…
Terranet 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…
N.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…
Terranet 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.…
Terranet 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…
Terranet 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…
Terranet 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…
Significant 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…
On 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…
Terranet 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…
Today, 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…
The 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…
Terranet 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…
N.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…
Significant 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…
The 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…
N.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…
Terranet 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…
Important 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…
Terranet 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…
Today, 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…
Terranet 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…
Today, 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…
Terranet 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…
Recent 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…
Terranet 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.…
Terranet 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…
Terranet 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…
Terranet 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…
On 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…
Terranet 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…
Today, 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…
As 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…
Terranet, 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…
Terranet 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…
Terranet 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).…
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24 April, 2024
Recent 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…
22 April, 2024Terranet 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…
18 April, 2024N.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…
18 April, 2024Terranet 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.…
11 April, 2024Terranet 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…
4 April, 2024Terranet 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…
29 February, 2024Terranet 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…
22 February, 2024Significant 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…
20 February, 2024On 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…
19 February, 2024Terranet 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…
5 February, 2024Today, 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…
31 January, 2024The 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…
- Regulatory
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22 April, 2024
Terranet 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…
18 April, 2024N.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…
22 February, 2024Significant 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…
31 January, 2024The 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…
12 January, 2024N.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…
12 January, 2024Terranet 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…
10 January, 2024Important 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…
13 December, 2023Terranet 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…
6 December, 2023Today, 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…
28 November, 2023Terranet 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…
27 November, 2023Today, 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…
24 November, 2023Terranet 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…
- Non-regulatory
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24 April, 2024
Recent 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…
18 April, 2024Terranet 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.…
11 April, 2024Terranet 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…
4 April, 2024Terranet 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…
29 February, 2024Terranet 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…
20 February, 2024On 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…
19 February, 2024Terranet 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…
5 February, 2024Today, 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…
25 January, 2024As 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…
19 January, 2024Terranet, 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…
17 January, 2024Terranet 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…
4 December, 2023Terranet 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).…