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…
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…
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…
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
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
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…
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…
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…
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Terranet 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
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
“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…
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…
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