TERRNT B TerraNet Holding AB

Terranet participates in a new research project  for improved traffic safety

Terranet participates in a new research project  for improved traffic safety

AstaZero*, in collaboration with several partners, including Terranet AB and Trafikverket, is launching a new project aimed at significantly improving traffic safety for automated vehicles. The project, funded by Vinnova, Sweden's innovation agency, will run from January 2025 to December 2025.

“The project involves several leading players in the automotive industry. It provides us with a unique opportunity to showcase how BlincVision makes a difference while contributing to the future of traffic safety together,” says Dan Wahrenberg, acting CEO of Terranet.

VERDAS 2 (Verification Methods for Robust Driver Assist System Performance 2) builds on the results of the successful research project VERDAS. With a focus on new accident scenarios, special attention is directed toward cyclists, a vulnerable group in traffic that requires extra protection.

Since May 2024, Terranet has been part of the VERDAS research project, which has contributed to developing new methods to test and improve the safety of driver assistance systems (ADAS). The project has provided valuable insights and will run until May 2025.

Euro NCAP, which sets safety classifications for cars in Europe, plans to introduce robustness testing methods for driver assistance systems starting in 2026. These tests aim to ensure that the systems function effectively in various traffic situations and under challenging conditions. Real-world traffic accident data analyses are being used to achieve these goals. By realistically recreating accident scenarios, the systems will become even better at handling complex traffic situations. VERDAS 2 not only helps meet these requirements but also contributes to developing new scenarios expected to become part of Euro NCAP's testing methods by 2029.

Terranet's participation in VERDAS 2 is part of the company's long-term efforts to create safer roads and enhance the capability of driver assistance systems to save lives.

For more information, please contact:

Dan Wahrenberg, acting CEO

E-mail: 

* AstaZero, owned by RISE (Research Institutes of Sweden), is a test facility for traffic safety and automated vehicles. The facility offers research and development opportunities for safety systems and autonomous vehicle solutions.

** NCAP (European New Car Assessment Programme) is a collaboration between European countries, car manufacturers, and voluntary organizations. They have created a five-star safety rating system to help consumers and businesses choose safer vehicles.

About Terranet AB (publ) 

Terranet's goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.

The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at:

Attachment



EN
21/01/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TerraNet Holding AB

 PRESS RELEASE

Terranet postpones Q1 report date

Terranet postpones Q1 report date The Board of Directors of Terranet has decided to postpone the date for publication of the interim report for the first quarter 2025 to May 19, 2025.  The reason for the postponement is that the work on a capital raise, divided into a directed share issue in combination with a rights issue of shares, has delayed the completion of the report. The capital raise aims to secure the Company's liquidity for 2025 and was announced on April 16, 2025. The previously communicated date for publication was 8 May 2025. For more information, please contact:Lars Lindell...

 PRESS RELEASE

Terranet flyttar fram datum för Q1 rapport

Terranet flyttar fram datum för Q1 rapport Styrelsen i Terranet har beslutat att flytta fram tidpunkten för publicering av kvartalsrapporten för det första kvartalet 2025 till den 19 maj 2025.  Orsaken till uppskjutandet är att arbetet med en kapitalanskaffning, uppdelad i en riktad emission i kombination med en företrädesemission av aktier, har försenat färdigställandet av rapporten. Kapitalanskaffningen syftar till att säkerställa Bolagets likviditet för 2025 och offentliggjordes den 16 april 2025. Tidigare kommunicerat datum för publicering var 8 maj 2025. För mer information, vänligen...

 PRESS RELEASE

Terranet publishes the annual report for 2024

Terranet publishes the annual report for 2024 Terranet AB (publ) today publishes the annual report for 2024, including the corporate governance report and the auditor’s report. The report is available at the company’s website This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by the Company’s contact person below on 25 April 2025, at 09.30 CET. For more information, please contact:Lars Lindell, VDE-mail:  About Terranet AB (publ) Terranet's goal is to save lives in urban traffi...

 PRESS RELEASE

Terranet publicerar årsredovisning för 2024

Terranet publicerar årsredovisning för 2024 Terranet AB (publ) publicerar idag årsredovisningen för 2024 innehållande bolagsstyrningsrapport samt revisionsberättelse. Rapporten finns tillgänglig på bolagets webbsida Denna information är sådan information som Terranet AB är skyldig att offentliggöra enligt EU:s marknadsmissbruksförordning (MAR). Informationen lämnades, genom nedanstående kontaktpersons försorg, för offentliggörande den 25 april 2024 kl. 09.30 CET. För mer information, vänligen kontakta:Lars Lindell, VDE-mail:  Om Terranet AB (publ) Terranets mål är att rädda liv i stad...

 PRESS RELEASE

NOTICE OF ANNUAL GENERAL MEETING IN TERRANET AB

NOTICE OF ANNUAL GENERAL MEETING IN TERRANET AB N.B. THIS ENGLISH TEXT IS AN UNOFFICIAL TRANSLATION OF THE SWEDISH ORIGINAL OF THE NOTICE TO ATTEND THE EXTRAORDINARY GENERAL MEETING IN TERRANET AB, AND IN CASE OF ANY DISCREPANCIES BETWEEN THE SWEDISH AND THE ENGLISH TRANSLATION, THE SWEDISH TEXT SHALL PREVAIL. The shareholders of Terranet AB, reg. no. 556707-2128, (the "Company") are hereby invited to the Annual General Meeting on 23 May 2025 at 14.00 at Mobilvägen 12, Bricks building, room "Oktagonen", Lund. Registration will commence at 13.45 p.m. ELIGIBILITY AND REGISTRATION Shar...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch