공시 • May 16
Terranet Appoints Jonas Renander as Strategic Business Developer (CCO, Chief Commercial Officer) Terranet welcomes Jonas Renander as strategic business developer (CCO, Chief Commercial Officer). He joins the company at a crucial time as Terranet is in the process of finalizing the company's first prototype for BlincVision while also deepening dialogues with potential customers and partners. Jonas Renander has over 20 years of experience in sales and project management on the global stage, including in anti-collision systems for the automotive industry. Among the companies he has worked with are Volvo Trucks, Volvo Cars, SAAB Automobile, and CEVT. Jonas Renander will be part of the management team. 공시 • May 03
Terranet AB (publ) Intensifies Integration of Prototype in Car Terranet AB (publ) is well in line with the previously presented development plan. Relevant adjustments from previous lab tests have been made, and the company is now fully focused on integrating the driver assistance system BlincVision into vehicles. Part of the integration work involves evaluating sensor placements, adapting communication interfaces to vehicles and optimizing the system for use in a mobile environment. Optimizing sensor placements maximizes efficiency and coverage. The tests also aim to ensure seamless, compatible and reliable communication between BlincVision and the existing systems in the vehicle. Terranet differs from existing solutions on the market through a unique combination of laser scanner, event camera and AI-trained software. The pioneering use of the selected sensor type enables significantly faster identification of other road users, such as pedestrians and cyclists, in driving surroundings compared to existing systems. The tests aim to evaluate the system's performance and reliability in a dynamic traffic environment. The company intends to continuously update the stock market and other stakeholders on the development process and progress going forward. 공시 • Apr 19
Terranet AB (Publ) Announces Success for AstaZero's Test Track Validate BlincVision's Potential Terranet 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. In the fall of 2023, company was granted funding from the innovation agency Vinnova. The funding entailed collaborating with AstaZero to develop new testing methods for Advanced Driver Assistance Systems (ADAS), which have now been successfully implemented. These testing methods pave the way for significant improvements in traffic safety and for what todays and future driver assistance systems can achieve. AstaZero is a well-known test environment approved by Euro NCAP, entirely independent and created to evaluate the safety of future traffic, particularly for automated driving and connected vehicles. What makes AstaZero unique is its various traffic environments, enabling testing of advanced safety systems and their functions under a range of traffic and road conditions. The project has focused on different scenarios, such as obscured visibility of pedestrians and cyclists. 공시 • Apr 13
Terranet AB (Publ) Begins Integration of Prototype in Car Terranet AB (publ) announced 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 manufacturers and suppliers forms the basis for how the tests are designed. At the beginning of April, the company initiated the work of optimizing the various components of BlincVision system based on last quarter's test results. Furthermore, work on product specifications and preparations for the upcoming prototype tests in car will be intensified in line with the previously communicated time and development plan. The company is now well on track for the upcoming prototype demo in the car, mainly after a number of strong progress in development work that was recently communicated to manufacturers, suppliers and the stock market. During the second quarter of the year, the Company intends to continuously update the stock market on the Company's continued development within the framework of the ongoing tests. 공시 • Apr 05
Terranet AB (publ) Completes Prototype Tests in Lab During the First Quarter Terranet AB (publ) announced 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 tests, relevant measurements have been carried out on an ongoing basis in areas such as latency, object identification, object classification, light conditions and eye safety, which have been successfully carried out and have generated important data for continued product development. The main purpose was to validate the functionality and capacity of the system in a controlled environment. Particularly satisfying was verifying unique and fast reaction time as well as a confirmation that the system works in different lighting conditions. In parallel with the initiation of the prototype tests in the car, the development of BlincVision's performance and precision is now continuing. Through this prototype test in the lab, the Company has obtained crucial data that will now be translated into relevant specifications which Terranet now can discuss in detail with potential partners for the first time. This is an important and significant milestone in the commercialization of the technology, which is the basis for forging attractive partnerships. 공시 • Jan 31
Terranet AB Approves the Election of Mats Fägerhag as New Board Member The extraordinary general meeting in Terranet AB took place on 31 January 2024. The meeting resolved with the required majority in accordance with the following: The meeting resolved, in accordance with the nomination committee's proposal, to increase the number of board members in the Company to seven without deputies, to elect Mats Fägerhag as a new board member in the Company until the end of the annual general meeting 2024 and that Mats Fägerhag shall receive a remuneration corresponding to the remuneration that the annual general meeting 2023 resolved would be paid to board members who are not employed by the Company calculated pro rata for the period Mats Fägerhag is a board member in the Company until the end of the next annual general meeting. 공시 • Dec 05
Terranet AB (publ) Continues to Develop New Testing Methods with Funding from the Swedish Transport Administration Terranet AB (publ) has been awarded a grant of SEK 614,000 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). The project includes six work packages to be carried out over the year 2024: Updating testing methods: Focuses on the obscured visibility of pedestrians, cyclists, and e-scooters at higher speeds and new impact points based on field data. Development of L2 scenarios: Targets scenarios where cyclists or e-scooters suddenly swerve in front of a car. Prototype integration in test vehicle: Implements the BlincVision prototype system in a test car at Revere at Chalmers, with mounting of testing equipment and driving robot done by AstaZero. Verification tests: Tests BlincVision and a ADAS system with the updated and new methods for validation and verification. Analysis and reporting: Compiles data and results from the tests. Final report: Produces a comprehensive report on the project's outcomes. 공시 • Nov 29
Terranet AB Appoints Pierre Ekwall as the New CTO & SVP of Engineering, effective December 1, 2023 Terranet 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 from several companies in the automotive industry and has, among other things, worked as a function and component developer for sub-suppliers to vehicle manufacturers with a focus on autonomous vehicles and safety systems. Before his most recent role at Einride, Pierre worked as a Program launch manager within the company's global development operations and has worked with the launch and production of autonomous vehicles for the American and European markets. In the role of CTO & SVP of Engineering, Pierre will lead the company's technical development with the aim of taking BlincVision to market. 공시 • Oct 23
Terranet AB Announces Resignation of Nihat Kücük as CTO Terranet 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 shortly. Until then, the development work is led by the CEO, Magnus Andersson together with external advisors, and the Company's Team Lead, who has extensive experience from the automotive industry's subcontractor Bosch. 공시 • Oct 11
Terranet Announces CFO Changes Terranet announced that Dan Wahrenberg assumes the role of permanent CFO at Terranet. The new CFO will be Dan Wahrenberg, who will also be responsible for the company's Investor Relations. Dan replaces Thomas Falkenberg, who has been serving as the interim CFO. Dan brings extensive experience from several CFO positions at publicly traded companies such as Anoto Group, LifeAssays, and MultiQ, and has most recently held the position of CFO at Asperiq Group. Dan will assume the role on October 16, 2023. 공시 • Aug 12
Terranet AB to Report Q2, 2023 Results on Aug 17, 2023 Terranet AB announced that they will report Q2, 2023 results on Aug 17, 2023 