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Terranet’s rights issue oversubscribed
Globenewswire· 2025-06-13 06:00
Core Viewpoint - Terranet AB has successfully completed a rights issue that was oversubscribed, raising approximately SEK 15 million before issue costs, indicating strong shareholder confidence in the company's future development [2][3][5]. Rights Issue Outcome - The subscription period for the rights issue ended on June 11, 2025, with 10,349,896 units subscribed for with unit rights, representing about 74.6% of the rights issue [3]. - An additional 4,704,934 units were subscribed without unit rights, corresponding to approximately 33.9% of the rights issue, leading to a total subscription of 15,054,830 units, or approximately 108.5% of the rights issue [2][3]. Financial Impact - The rights issue will increase the number of shares by 166,568,568 B-shares, raising the total share capital from SEK 14,715,191.82 to SEK 16,380,877.50 [7]. - If all warrants of series TO9 B are exercised, the number of shares will further increase by 83,729,677 B-shares, raising the share capital to SEK 17,218,174.270 [8]. Warrants and Trading - Each warrant of series TO9 B allows the holder to subscribe for one new B-share at a price of SEK 0.18, with the subscription period set from December 1, 2025, to December 15, 2025 [9]. - Trading in paid subscribed units (BTU) will occur on Nasdaq First North Premier Growth Market until June 30, 2025, or until conversion into B shares and warrants [10]. Company Development - The proceeds from the rights issue will enable the company to advance its product and business development, particularly in the commercialization of its anti-collision system, BlincVision [6]. - Terranet aims to enhance urban traffic safety through innovative solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [14].
Nvidia CEO says this is the decade of robotics and autonomous vehicles
CNBC· 2025-06-12 10:38
Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025.Autonomous vehicles and robotics are going to take off in a big way in the years ahead, according to Nvidia CEO Jensen Huang."This is going to be the decade of AV [autonomous vehicles], robotics, autonomous machines," Huang told CNBC's Arjun Kharpal Thursday at the Viva Tech conference in Paris.Nvidia plays a ...
Aptiv (APTV) 2025 Conference Transcript
2025-06-11 13:57
Aptiv (APTV) 2025 Conference June 11, 2025 08:55 AM ET Speaker0 Joined by Aptiv, a a global industrial tech leader that provides advanced electrical safety, connectivity, and software solutions to both the light vehicle, commercial vehicle markets, and also other industrial markets as well. Key to Aptiv's story right now is the company is looking to spin off its EDS business, which I'm sure we'll we'll dive into more during the conversation. From the company, I'm very honored to be joined by Kevin Clark, ch ...
Ensuring Safe Autonomous Driving With NVIDIA Halos
NVIDIA· 2025-06-11 13:10
[Music] Like any driver, autonomous vehicles operate in a world full of unpredictable and potentially safety critical scenarios. NVIDIA Drive, built on the Halo safety system, lets developers build safe autonomous vehicles with diverse software stacks and sensors and redundant computers. It starts with training.Safe AVs need massive amounts of diverse data to be able to address edge cases, but real world data is limited. Developers use NVIDIA Omniverse and Cosmos to reconstruct the real world and generate r ...
Ford (F) Conference Transcript
2025-06-11 13:00
Ford (F) Conference June 11, 2025 08:00 AM ET Speaker0 Welcome to the DB Global Auto Conference. My name is Edison Yu. I lead The US autos research here. We're gonna kick things off with a bang this morning with Ford. Very pleased to be joined by Andrew and Naveen. Thank you. Speaker1 Good morning, Trevor. Good morning, everyone. How are doing, Edison? Speaker0 Excellent. Andrew is the president of Affordable and also for Male. Naveen is the CFO of Ford Pro. Between the two of you, I'm sure we can cover man ...
Beamr to Launch GPU-Accelerated Video Compression Solution for Autonomous Vehicles at NVIDIA GTC Paris
GlobeNewswire News Room· 2025-06-11 11:00
"Autonomous vehicle companies are under mounting pressure from rising video storage demands and infrastructure costs," said Sharon Carmel, Beamr CEO. "Our content-adaptive technology, accelerated by GPUs, delivers highly efficient compression while maintaining visual quality across a variety of scenarios - both for human perception and machine vision, and in both real-world and synthetic video." In recent benchmark testing on raw driving footage using real-time object detection models, Beamr's CABR achieved ...
Better Autonomous Driving Stock: Tesla or Uber? The Answer Might Surprise You.
The Motley Fool· 2025-06-11 09:43
Tesla (TSLA 5.66%) is one of the leaders of the electric vehicle (EV) industry, but investors are more focused on its autonomous full self-driving software (FSD), which CEO Elon Musk believes could help it become the most valuable company in the world. But Tesla might be falling behind in the autonomous driving race, at least in terms of commercialization. Uber Technologies (UBER -0.79%) operates the world's biggest ride-hailing network, and it partnered with 18 developers of autonomous vehicles, some of wh ...
Google CEO on Elon Musk, Tesla, and Waymo
Lex Fridman· 2025-06-10 20:51
The competition is heating up. You've been uh friendly with Elon even though technically is a competitor. What do you think about the robo taxi efforts that Tesla is doing.We don't compete with Tesla directly. We are not making cars etc. Right. We building L45 autonomy.We're building a Whimo driver which is general purpose and can be used in many settings. They're obviously working on making Tesla self-driving too. I've just assumed it's a de facto that Elon would succeed in whatever he does.So that is uh n ...
Uber Soars 37% YTD On Robotaxi Deal, M&A Buzz: Strategist Eyes Buy-The-Dip Opportunity
Benzinga· 2025-06-10 18:30
Core Insights - Uber Technologies Inc's stock price has increased by 37.53% in 2025, nearing its 52-week high of $93.60, supported by a partnership with Wayve and a dominant 68% market share in the U.S. rideshare sector [1] - The stock has outperformed the S&P 500, rising 26.65% over the past year, with a recent 4.64% increase in the last five days indicating renewed momentum [2] - Despite a slight 1.38% dip this month, user growth is driven by affordable products like UberX Share, and the Wayve partnership enhances its autonomous vehicle initiatives [3] Market Performance - Uber's stock trades above key moving averages, indicating upward momentum, with the eight-day SMA at $84.76, 50-day SMA at $80.77, and 200-day SMA at $74.13 [4] - The Moving Average Convergence Divergence (MACD) at 0.85 suggests continued strength, while the 20-day SMA at $87.62 indicates mild bearish pressure [5] - The Relative Strength Index (RSI) at 55.86 is in neutral territory, suggesting potential for further gains before overheating [5] Investment Sentiment - The combination of Uber's price surge, Wayve partnership, and M&A speculation makes it an attractive investment, although caution is advised due to the 20-day SMA [6] - Investors may consider buying on pullbacks to $80 for a smoother entry, while conservative investors might wait for a breakout above $90 [6]