TerraNet AB

Terranet invites to Q3 presentation of Interim Report on November 17, 2022

Retrieved on: 
Friday, November 11, 2022

On November 17, Terranet AB (publ) will release its Interim Report for the third quarter 2022.

Key Points: 
  • On November 17, Terranet AB (publ) will release its Interim Report for the third quarter 2022.
  • We develop breakthrough tech solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) that protect vulnerable road users.
  • Terranet is based in Lund, Sweden, and in the heart of the European automotive industry in Stuttgart, Germany.
  • Certified Adviser to Terranet is Mangold Fondkommission AB, 08-503 015 50, [email protected] .

Terranet signs agreement to produce its scanner prototype

Retrieved on: 
Wednesday, November 9, 2022

Prevas is commissioned to build the first prototype of BlincVisions laser scanner module.

Key Points: 
  • Prevas is commissioned to build the first prototype of BlincVisions laser scanner module.
  • "It is fantastic to see how quick the development has progressed and that we now are ready to commission the assignment to produce our first version of the scanner module.
  • The collaboration with Prevas allows Terranet to in the near future solely focus on developing the sensor module to prototype design", says Terranet's CEO Magnus Andersson.
  • "We are very proud that Terranet has chosen to develop the scanner in collaboration with Prevas.

Metaverse Market for Automotive worth $16.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, September 13, 2022

Metaverse technologies has made the things much more convenient in the field of simulation and testing the vehicle.

Key Points: 
  • Metaverse technologies has made the things much more convenient in the field of simulation and testing the vehicle.
  • Now, a game engine can also be used for visualization (as with the development of digital twins), collaboration, and more.
  • The substantial growth of new technologies for the automotive industry in Europe is a key driver for the Metaverse Market for Automotive in this region.
  • French automotive manufacturers like Bugatti, Alpine, and Renault, among others, have also made significant progress in the field of metaverse.

Metaverse Market for Automotive worth $16.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, September 13, 2022

Metaverse technologies has made the things much more convenient in the field of simulation and testing the vehicle.

Key Points: 
  • Metaverse technologies has made the things much more convenient in the field of simulation and testing the vehicle.
  • Now, a game engine can also be used for visualization (as with the development of digital twins), collaboration, and more.
  • The substantial growth of new technologies for the automotive industry in Europe is a key driver for the Metaverse Market for Automotive in this region.
  • French automotive manufacturers like Bugatti, Alpine, and Renault, among others, have also made significant progress in the field of metaverse.

Magnus Andersson assumes his position as CEO of Terranet - subsequent changes to the Board of Directors

Retrieved on: 
Thursday, September 1, 2022

Today, September 1, Magnus Andersson assumes his position as CEO of Terranet.

Key Points: 
  • Today, September 1, Magnus Andersson assumes his position as CEO of Terranet.
  • In connection with Magnus starting his role, interim CEO Gran Janson will return to his role as Chairman of the Board, and Anders Blom will resume his position as Board member.
  • "I am very pleased that we have a CEO in place who can drive Terranet forward with the long-term perspective, knowledge and commitment required", comments Gran Janson, chairman of the board and outgoing acting CEO.
  • This information is such that Terranet AB is required to make public in accordance with the EUs Market Abuse Regulation (MAR).

Terranet’s CEO-elect Magnus Andersson signs agreement to acquire warrants in the company

Retrieved on: 
Tuesday, July 26, 2022

Terranets newly appointed CEO Magnus Andersson has entered an agreement to acquire all his 2,500,000 eligible warrants in the company in connection with his taking office as CEO.

Key Points: 
  • Terranets newly appointed CEO Magnus Andersson has entered an agreement to acquire all his 2,500,000 eligible warrants in the company in connection with his taking office as CEO.
  • The warrants are part of the incentive program for management and employees that was resolved by the 2022 Annual General Meeting in accordance with the Boards proposal.
  • As previously announced, Magnus Andersson will assume his role as CEO of Terranet no later than September 1 this year.
  • Earlier this year, Terranet also announced that the company's CTO Nihat Kk and Board members Magnus Edman, Gran Janson and Karolina Bjurehed are acquiring warrants in the company.

Terranet appoints Magnus Andersson as new CEO

Retrieved on: 
Friday, July 15, 2022

Terranets Board of Directors has appointed Magnus Andersson as the new CEO of the company.

Key Points: 
  • Terranets Board of Directors has appointed Magnus Andersson as the new CEO of the company.
  • Magnus has over 20 years of international experience in successfully building and leading fast-growing tech companies in the automotive industry and energy sector.
  • Terranets Chairman of the Board Anders Blom comments on the recruitment:
    With Magnus Andersson, Terranet gets a CEO with extensive experience in scaling and creating profitability for technology-intensive companies in a Swedish as well as an international context.
  • In the light of this, I feel an incredible optimism but also a great responsibility as the new CEO of Terranet.

Terranet's Board of Directors and management team acquire warrants

Retrieved on: 
Friday, June 10, 2022

Terranets CTO Nihat Kk and Board Members Magnus Edman, Gran Janson and Karolina Bjurehed acquire warrants in the company.

Key Points: 
  • Terranets CTO Nihat Kk and Board Members Magnus Edman, Gran Janson and Karolina Bjurehed acquire warrants in the company.
  • The warrants are part of the two incentive programs that were resolved by the 2022 Annual General Meeting in accordance with the Boards proposal.
  • Nihat Kk, Magnus Edman and Gran Janson acquire 100% of their eligible warrants, and Karolina Bjurehed approximately 87%.
  • The incentive program is designed so that the future CEO will also be offered to acquire warrants, a maximum of 2,500,000.

Terranet shares product development update

Retrieved on: 
Wednesday, May 4, 2022

Terranet AB (publ) (Nasdaq: TERRNT-B) today shares an update on the development of its BlincVision technology, next steps in the development process and the key milestones to commercialize the solution for the global automotive industry.

Key Points: 
  • Terranet AB (publ) (Nasdaq: TERRNT-B) today shares an update on the development of its BlincVision technology, next steps in the development process and the key milestones to commercialize the solution for the global automotive industry.
  • With the conceptual design and the technical documentation for software and hardware components in place, the development process is progressing according to plan.
  • Terranet is currently working intensively to improve and enhance the system based on the initial Proof of Concept.
  • Building relationships with the automotive industry is therefore an important priority that runs in parallel throughout the product development process.

holoride and HTC debut ride-ready glasses for in-car entertainment

Retrieved on: 
Friday, February 25, 2022

BARCELONA,Spain, Feb. 25, 2022 /PRNewswire/ -- holoride , the company advancing the future of in- vehicle entertainment, today announced it is partnering with HTC VIVE , the premier virtual reality (VR) platform and ecosystem.

Key Points: 
  • BARCELONA,Spain, Feb. 25, 2022 /PRNewswire/ -- holoride , the company advancing the future of in- vehicle entertainment, today announced it is partnering with HTC VIVE , the premier virtual reality (VR) platform and ecosystem.
  • "VIVE Flow is the ideal device for on-the-go XR, so we are thrilled to be partnering with HTC VIVE to give riders direct access to holoride.
  • The glasses' sleek, portable design means riders can enjoy a fun and connected experience anywhere they go."
  • We're very excited to work with holoride in shaping the future of passenger entertainment."