Significant events during the first quarter - Successful prototype demo in lab conducted at the end of March During the first quarter of the year, product development focused on the prototype demonstration in a lab environment, which was carried out with successful results. - Organizational reinforcements During the quarter, we continued to develop our organization. Mats Fägerhag's involvement as a consultant and board member means a considerable strengthening of both competence and networking.
On May 7, Terranet AB (publ) will release its Q1 report for 2024. On the same day at 10 a.m. CET, the company’s CEO Magnus Andersson and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcasted digitally and is open to the public. The presentation will be held in English. Via the webcast, there is an opportunity to ask written questions. Link to the webcast: https://ir.financialhearings.com/terranet-q1-report-2024 The webcast will be available on bot
The company 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