Terranet’s Board of Directors have decided to carry out a right issue of units of approximately SEK 75 million and refinances outstanding loan

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…

Details

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…

Details

Terranet’s associated company holoride GmbH is expanding its market roll-out and has secured a convertible loan for this purpose

Terranet has, together with the other shareholders of holoride GmbH, entered into a financing agreement to accelerate a broader and more intensive launch of holoride’s products in additional markets. Terranet’s share in holoride is 10.4%. At the end of last year, holoride launched its unique and award-winning XR/VR product for integration into vehicles manufactured by…

Details

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…

Details

Terranet invites to Q1 presentation of Interim Report on May 17, 2023

On 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.…

Details

Terranet publishes the annual report for 2022

Terranet 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…

Details

Terranet AB shares an update to the market in a CEO letter, April 2023

Dear Shareholder. With the first quarter nearing its end, the staff at Terranet’s offices in Lund and Stuttgart are working intensively to get BlincVision ready to demonstrate for potential customers. BlincVision is an anti-collision system for vehicles with a mission to save lives of vulnerable road users in urban traffic. The technology is based on…

Details

The Nomination Committee’s proposals to AGM 2023

The Nomination Committee proposes Torgny Hellström as new Chairman of the Board of Terranet AB. Torgny’s large network of contacts and long experience of business development and sales on an international level will strengthen the Company’s long-term development. Through important advances in product development, Terranet has been able to go from being a development company…

Details

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…

Details

New laser scanner delivered to Terranet

In November, Terranet commissioned Prevas Development AB to build the first prototype of BlincVision’s laser scanner module. The first prototype has now been delivered to Terranet. This is an important step towards the complete pre-production prototype for the BlincVision system. “This means that we can now test and evaluate our eye-safe scanner prototype in our…

Details