As its VoxelFlow™ sensor tech showcases ability to react to objects in less than 20 milliseconds, the Company will now focus on developing its unique AI technology for classification of objects. Lund, Sweden, July 21, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of Advanced Driver Assistance Systems, announced today at STARTUP AUTOBAHN that…
DetailsTerranet to Join Mercedes-Benz in Joint Presentation as Segment Leaders Prepare to Introduce Revolutionary Latency Numbers Lund, Sweden, July 1, 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™, announced today that it will be showcasing breakthrough developments to its ultra…
DetailsTerraNet 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…
DetailsLund, 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…
DetailsAs 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…
DetailsTerraNet 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…
DetailsAs 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,…
DetailsFirst 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…
DetailsTerranet har växlat upp med ett nytt tempo i produktutvecklingen av VoxelFlow genom att nyligen ha undertecknat strategiska samarbetsavtal med Prophesee, Sensor Cortek och Summer Robotics. Samtliga tre är branschspecialister inom algoritmutveckling, kamerahårdvara, robotautomation och bildanalys. Dessa ingångna samarbetsavtal tillsammans med den nyligen aviserade investeringen i Holoride (med Audi som huvudägare) samt deltagandet tidigare i år i Startup Autobahn…
DetailsSegment Leaders Prophesee and Sensor Cortek Offer Complimentary Solutions Across Segments, Expanding Terranet’s Brand and Speeding up VoxelFlow™ Development Lund, Sweden – April/March XX, 2021 – Terranet AB (Terranet/the Company), (Nasdaq: TERRNT-B.ST), developers of advanced driver-assistance software (ADAS) that specifically addresses safety and comfort through precise, fast, and intelligent sensor technology, today announced strategic partnerships with…
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