Result analysis in line with expected developmentAs previously communicated, during the second quarter, Terranet conducted an initial system integration in a vehicle outdoors. The next step has been to expand the testing to later report back to the market on the results. The result analyses now confirm that the technology, so far in the process, is developing according to plan.
Terranet AB – Interim report Q2 2024Significant events during the second quarter
Change in the management team at TerranetTerranet 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.
Update on BlincVision developmentTerranet 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.
Successful Testing of Laser Scanner for ADAS and Autonomous CarsThe 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.
Terranet publishes detailed product video together with video from the investor day May 30, 2023Terranet 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.
Terranet publishes the annual report for 2022Terranet 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
Terranet AB shares an update to the market in a CEO letter, April 2023Dear 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.
The Nomination Committee’s proposals to AGM 2023The 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.
Notice to attend the Annual General Meeting in Terranet ABThe 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.
Terranet expands its business development network with leading automotive expertsTerranet is making further progress in its commercialization of BlincVision by expanding its global sales and business development network with senior automotive advisors. This strategic move aims to speed up the process of finding the right customers and partners for the BlincVision product.
Terranet AB – Year-end report 2022Significant events during the fourth quarter
Terranet invites to presentation of year-end report for 2022 on February 23, 2023On February 23, Terranet AB (publ) will release its year-end report 2022. On the same day at 9 a.m. CET, the company's CEO Magnus Andersson and CTO Nihat Küçük will provide an update on the operations in a webcast.
Terranet AB shares an update to the market in a CEO letterDear Shareholder. It is time to look back and reflect on this year and at the same time also look forward to an exciting 2023.
Terranet invites to Q3 presentation of Interim Report on November 17, 2022On November 17, Terranet AB (publ) will release its Interim Report for the third quarter 2022. On the same day at 11 a.m. CET, the company's CEO Magnus Andersson and CTO Nihat Küçük will provide an update on the operations in a webcast.
Terranet signs agreement to produce its scanner prototypeThrough a strategic partnership, tech company Terranet is taking decisive steps towards a complete prototype for its driver assistance system BlincVision. Prevas is commissioned to build the first prototype of BlincVision’s laser scanner module.
