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…
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…
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…
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…
DetailsMagnus Andersson, CEO, shares an update in CEO letter. Read more: CEO letter, December 2022
DetailsTerranet starts off the year by attending CES 2023. Reda more: Terranet CES 2023
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
DetailsTerranet welcomes new employees to the team Read more: Team expands
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
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…
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
Some 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…
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,…
DetailsOn May 30th, the trading in TerraNet Holding AB’s shares (short name: TERRNT B) commenced on Nasdaq First North Premier in Stockholm.
Today, 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…
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.