Press

Terranet AB – Interim report 1 January – 31 March 2023

Significant 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…

Bulletin from the annual general meeting of Terranet AB on 10 May 2023

The 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…

Notice to attend the Annual General Meeting in Terranet AB

The 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…

Warrants of series TO5 B were subscribed to approximately 70.2 percent and Terranet receives approximately SEK 3.8 million

Terranet 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…

Terranet AB – Year-end report 2022

Significant 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…

Terranet AB – Interim report 1 January – 30 September 2022

Significant 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…

Terranet signs agreement to produce its scanner prototype

Through 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…

Magnus Andersson assumes his position as CEO of Terranet – subsequent changes to the Board of Directors

PRESS 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…

Terranet AB – Interim report 1 January – 30 June 2022

Significant 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…

Terranet’s CEO-elect Magnus Andersson signs agreement to acquire warrants in the company

PRESS 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…

Terranet appoints Magnus Andersson as new CEO

PRESS 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…

Terranet’s Board of Directors and management team acquire warrants

PRESS 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…

Terranet AB – Interim report 1 January – 31 March 2022

Lund, 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…

Announcement from Terranet’s annual general meeting

28 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…

Terranet Annual Report 2021 published

7 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…

Notice of annual general meeting in Terranet AB

    Notice 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…

Warrants of series TO4 B were subscribed to approximately 80 percent and Terranet AB receives approximately SEK 6.40 million

Terranet 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…

The last day of trading with the warrants of series TO4 B in Terranet AB is today, March 9, 2022

Today, 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…

The Chairman of the Board, CEO and major shareholder intend to exercise all their warrants of series TO4 B in Terranet AB

Terranet 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.…

The subscription price for the warrants of series TO4 B in Terranet AB has been determined to SEK 0.56 and the subscription period starts February 28, 2022

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 2021

Significant 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…

Terranet Provides Corporate Update and Strategic Overview

Lund, 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…

Note from Terranet

During 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…

Terranet Announces CEO’s Termination with Immediate Effect

Lund, 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…

Changes in the Terranet Management Team

Today 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…

Announcement from Terranet’s extra general meeting

The 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…

Notice of extra general meeting in Terranet AB

The 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…

Notice of cancellation of extra general meeting in Terranet AB

The 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…

Terranet refocus its investor relations and streamline its business operations

In 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…

Terranet Unveils BlincBike, Cutting-edge Micromobility Safety Tech

The 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…

Notice of extra general meeting in Terranet AB

The 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…

Terranet AB – Interim report 1 January 2021 – 30 September 2021

Third 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…

Terranet welcome new interim CFO

Thomas 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…

Super-human vision technology to revolutionize road safety in autonomous vehicles

Terranet 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…

Warrants of series (2020:3) TO3 B were subscribed to approximately 98.9 percent and Terranet AB receives approximately SEK 40.0 million.

Terranet 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…

The last day of trading with the warrants of series (2020:3) TO3 B in Terranet AB is today, August 27, 2021

Today, 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…

The subscription price for the warrants of series (2020:3) TO3 B in Terranet AB has been determined to SEK 0.80 and the subscription period starts today, August 23, 2021

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 Receives Purchase Order From holoride

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…

Terranet company name change

TerraNet 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…

Mercedes-Benz Innovator Joins Terranet as CTO and SVP Product Management

Lund, 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…

Terranet Joins NVIDIA Inception Program

As 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…

Recalculation of warrants of series TO3 B

TerraNet 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…

First day of trading with warrants of series TO4 B and TO5 B in Terranet has been set to May 21, 2021

As 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,…

Terranet Holding AB – Interim report 1st of January 2021 – 31st March 2021

First 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…

Record dates for allotment of warrants of series TO4 B and TO5 B have been set to May 5 and May 14, 2021, respectively

As 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…

Announcement from TerraNet Holding’s annual general meeting

Press 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…

TerraNet enters into a loan agreement to finance the acquisition of 10.84% of holoride and issues two series of warrants free of charge

NOT 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…

holoride completes Series A funding round led by Terranet

Automotive 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…

Correction: Notice of annual general meeting in TerraNet Holding

The MAR label was not applicable in the press release published earlier today.

Notice of annual general meeting in TerraNet Holding AB

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…

Warrants of series (2020:2) TO2 B we subscribed to approximately 94.9 percent and TerraNet Holding AB receives approximately SEK 38.3 million

 NOT 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…

The last day of trading with the warrants of series (2020:2) TO2 B in TerraNet Holding AB is today, March 12, 2021

Today, 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…

The exercise price for the warrants of series (2020:2) TO2 B in TerraNet Holding AB has been determined to SEK 0.80 and the subscription period starts today, March 8, 2021

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…

Correction: Terranet Reports Fiscal 2020 Financial Results with attached Report and MAR classification

Terranet 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…

Terranet Reports Fiscal 2020 Financial Results and Corporate Highlights, Outlines New Milestones for the Year Ahead in 2021

Lund, 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,…

Terranet Receives First Voxelflow Prototype Purchase Order

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…

Terranet to Partner with Leading Consulting Agency AFRY

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…

Interim report 1st January – 30th September 2020

Third 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)…

Volvo Veteran Joins Terranet AB as CFO

Johan 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.…

Warrants of series TO1 B were subscribed to approximately 94 percent and Terranet receives approximately SEK 34.2 million

Terranet 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…

TerraNet AB Signs MoU with Mercedes-Benz AG

Lund, 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…

The exercise price for the warrants of series (2020:1) TO1 B in Terranet has been determined to SEK 0.72 and the subscription period starts today, October 12, 2020

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 engages Mangold as liquidity provider

TerraNet 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…

TerraNet AB Names New Senior Leadership and Outlines Business Development and Growth Strategy

Göran 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…

Announcement from extra general meeting in TerraNet

The 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.…

Terranet and Intel to Showcase Multi-Access Edge Computing (MEC) Demo at 5GAA Turin Conference

Today 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…

Terranet Licenses 3D Motion Perception Patents to Pursue Opportunities in Autonomous Self Driving Vehicles & Delivery Automation

Terranet secures approximately SEK 10 million in financing through convertible bonds and bridge loans

Terranet Receives Order from Major Automotive Safety Supplier

Terranet enters into project consortium with Volvo Cars, Volvo Trucks and Lund University

TerraNet enters into a facility agreement with a maximum loan amount of up to MSEK 50, and has resolved to issue convertibles for MSEK 2

CHANGES IN MANAGEMENT AT TERRANET WITH DECISION TO PROMOTE GREATER EFFECTIVENESS

TerraNet receives strategic order within active safety

TerraNet has today received an order of 950 000 SEK for the continued development of LTE-based active safety for autonomous vehicles.

TerraNet receives additional customer order within active safety

TerraNet secures order from an existing customer for commercial offline application

TerraNet delivers test equipment for offline communication aimed at military defense industry

TerraNet 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.

TerraNet receives order from Alfa Laval for increased efficiency through off-line technology

TerraNet 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.

TerraNet announces new executive hires and organizes to sharpen customer focus

In 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.

Stefan K. Persson joins TerraNet‘s Board of Directors

Stefan 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.

Anna Gallon joins TerraNet as CFO

Anna Gallon embarks as CFO at TerraNet. Her previous position was as CFO with Hövding AB.