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Acconeer signs distribution agreement with Japanese Sundenshi Co

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The agreement concerns Acconeer's radar sensors along with related modules and evaluation kits (EVK) for the Japanese market. Sundenshi Co provides component supply services to organizations that provide R&D services and produce Electronic Systems in Japan.

With focus on the industrial sector, Sundenshi Co provides valuable distribution networks and opportunities as Japan remains one of Acconeer’s most important markets.

Acconeer announces 5 automotive design wins to an estimated value of more than USD 4 million

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Acconeer’s A121 Pulsed Coherent Radar sensor has been designed into five additional car models from a leading Japanese automotive manufacturer, following the one announced in January this year. The design wins are for the use case access control, which allows touchless opening of the trunk of a car. The total forecasted value of the design wins is USD 4 million over a seven-year period starting in 2025. By "design win" Acconeer refers to that the company's radar sensor has been selected for use in a customer product, but it is not equivalent to that an order has been placed.

CEO Lars Lindell comments: “We are happy to see yet another design win with this manufacturer, and we take it as a confirmation that they are happy with our product. This design win together with other recently announed ones are indications that our solution is becoming a standard product with several OEMs, which puts us in a great position for even more design wins in the future.”

In total, Acconeer has now seen 6 launched car models and 26 design wins in the automotive industry. The total forecasted value of all announced design wins is USD 74 million in the period 2024-2032. A design win is counted when a formal nomination is received, or when forecasted sales can be done with high reliability.

Acconeer and Sandvik receive research grant of SEK 3.5 million for material classification

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Sweden's innovation agency Vinnova has decided to award Acconeer and Sandvik a grant totaling SEK 3.5 million, of which Acconeer's share is SEK 2.5 million, for research into automated material classification with radar. The project will begin in Q3 2024 and is planned to be completed in the second half of 2026.

In this project Sandvik and Acconeer will combine their strengths to develop a material classification system for rock crushing conveyor belt applications. The system will provide information on different types of materials and particle size distributions and identify deviations towards the requirements on the produced material.

CEO Lars Lindell comments: "Material classification is something we have been looking into for many years, and with this grant we get the opportunity to take our research one step further. The fact that we also get the chance to do it together with a large global player like Sandvik gives us the possibility to test our application in an advanced industrial environment."

From Vinnova's justification: "A well-written application with actors at the forefront. The automated material classification described is considered to have high potential with several different areas of application in addition to the rock crusher that is in focus. The project plan is assessed as realistic with a good division between the actors."

New car model using Acconeer radar sensor launched with an estimated value of USD 800 000

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Acconeer's A1 pulsed coherent radar sensor is used in a premium-brand car model from a Japanese high-volume car maker for the use case access control, which allows touchless opening of the trunk of a car. Acconeer estimates the total value of this model to USD 800 000 over seven years. The car model is released on the US market and sales to this customer are reflected in sales to Acconeer's distributors.

CEO Lars Lindell comments: “We are excited to see yet another car launch using our solution for access control, on a platform where we have seen several models already from different manufacturers. As we have stated before, we believe radar will replace capacitive sensors for access control and we are confident that Acconeer is way ahead of competitors for this use case.”

The automotive industry is an important business segment for Acconeer. Acconeer’s radar is the pioneer to replace existing capacitive solutions for access control and the company expects radars to completely replace existing solutions. Based on this, Acconeer expects their sales to the automotive industry to grow significantly over the coming years.

New car model using Acconeer radar sensor launched with an estimated value of USD 1,4 million

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Acconeer's A1 pulsed coherent radar sensor is used in a car model from a Japanese high-volume car maker for the use case access control, which allows touchless opening of the trunk of a car. Acconeer estimates the total value of this model to USD 1,4 million over seven years. The car model is released on the US market by a Japanese company among the global top ten car manufacturers. Sales to this customer are reflected in sales to Acconeer's distributors.

CEO Lars Lindell comments: “We are happy to see yet another car with our sensor rolling out on the streets, and this time with a new manufacturer. It is a confirmation that our technology is superior to other existing solutions, and we expect many more design wins and launches for this use case going forward.”

The automotive industry is an important business segment for Acconeer. Acconeer’s radar is the pioneer to replace existing capacitive solutions for access control and the company expects radars to completely replace existing solutions. Based on this, Acconeer expects their sales to the automotive industry to grow significantly over the coming years.

Acconeer joins STMicroelectronics Partner Program to accelerate customer time-to-market

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Acconeer AB, world leader in ultra-low power radars, announces that it has joined the STMicroelectronics Partner Program to make its Pulsed Coherent Radar sensors accessible to ST’s customers. Their participation enables customers of both companies to benefit from state-of-the-art, high-quality components for innovative and extremely reliable radar-based applications.

To shorten development time and effort, Acconeer offers their customers evaluation kits and radar modules ready for integration in mass volume products. By combining ST’s microcontrollers with Acconeer’s 60 GHz radar sensors we can provide high performance, low power modules perfect for battery powered IoT devices.

"By becoming part of the ST Partner Program, we are in an even better position to deliver cutting-edge solutions to our joint customers. We have used ST MCUs for several of our radar modules, and this strategic collaboration will enable even better support to our joint customers,” says Lars Lindell, CEO, Acconeer.

“Acconeer’s knowledge of the ST portfolio and key expertise can help customers meet design challenges and shorten development time,” said Alessandro Maloberti, Partner Ecosystem Director, STMicroelectronics. “ST’s review and vetting of ST Authorized Partners has enabled us to build a strong ecosystem of qualified and skilled partners who can enhance customers’ developments with advanced technologies and multiple services to accelerate the design of their projects and solutions.”

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications created the ST Partner Program to speed customer development efforts by identifying and highlighting to them companies with complementary products and services. Moreover, the program’s certification process assures that all partners are periodically vetted for quality and competence. For more information, please visit www.st.com/partners.

Acconeer announces automotive design win with an estimated value of USD 30 million, for the first time including next generation radar sensor – A2

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For the first time, Acconeer’s upcoming next generation A2 Pulsed Coherent Radar sensor has been selected for in-cabin monitoring in a car. In addition, Acconeer’s A1 radar sensor has been selected for the use case access control – which allows touchless opening of the trunk of a car – in the same car model, by a European premium car manufacturer. The total estimated value of the design win is around USD 30 million over a seven-year period starting in 2026. By "design win" Acconeer refers to that the company's radar sensor has been selected for use in a customer product, but it is not equivalent to that an order has been placed.

For in-cabin monitoring three interior detection use cases are implemented; child presence detection, seatbelt reminder and theft alarm.

CEO Lars Lindell comments: “To have our coming A2 sensor selected for use in cars already, based on the good performance of our prototype, is a huge milestone for us as a company as well as it being the largest design win in the company’s history. In addition, we have previously won several design wins with the same manufacturer, and to get this design win on a new car platform is a strong proof of that they are happy with the performance of our products and with our collaboration.”

In total, Acconeer has now seen four launched car models and 15 design wins with five different manufacturers in the automotive industry. The total forecasted value of all announced design wins is USD 70 million in the period 2024-2032. A design win is counted when a formal nomination is received, or when forecasted sales can be done with high reliability.

SparkFun Electronics Merges Acconeer’s XM125 Module and the Qwiic Connect System to Support Rapid Prototyping with Pulsed Coherent Radar Technology

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The new development board from SparkFun Electronics utilizes the XM125 Module from Acconeer, enabling wider adoption of powerful 60GHz Radar Technology for a variety of unique use cases.

SparkFun Electronics introduces the SparkFun Pulsed Coherent Radar Sensor – Acconeer XM125 (Qwiic), opening up a world of possibilities for those looking to easily utilize a complex and powerful technology. This cutting-edge sensor brings 60 GHz radar technology to your projects, surpassing traditional ultrasonic and infrared sensors, and boasts an impressive range of up to 20 meters. The board comes equipped with multiple Qwiic Connectors, allowing seamless I2C-based prototyping with the rest of SparkFun’s Qwiic Connect System, no soldering necessary!

“We are thrilled to bring this new Pulsed Coherent Radar Sensor – Acconeer XM125 (Qwiic) board into our catalog,” says Kirk Benell, CTO of Sparkfun Electronics. “Merging Acconeer’s 60GHz Pulsed Coherent Radar Sensor with Qwiic opens up numerous interesting presence sensing and velocity detection applications in challenging environments. Equipping the development board with Qwiic Connectors allows for rapid prototyping with our extensive library of compatible products.”

“We’re excited to be part of Sparkfun Qwiic to make our radar sensor more accessible for Sparkfun engineering community and encouraging innovation,” says Magnus Gerward, Director Business Development, Acconeer

Key features and benefits include:

  • Low Power Consumption: Despite its power, the sensor consumes remarkably low power, making it ideal for battery-powered applications where efficiency is paramount.
  • Pulsed Coherent Radar Technology: The XM125 utilizes pulsed coherent radar technology to differentiate between stationary objects and moving targets, enabling precise presence sensing and velocity detection.
  • Comprehensive Connectivity: The XM125, equipped with two Qwiic Connectors, a USB Type-C connector, ESD protection diodes, and a CH340C USB-to-serial converter, ensures seamless connectivity.
  • User-Friendly Design: Featuring reset and boot buttons, Qwiic compatibility, and 0.1in.-spaced pins, the sensor offers ease of use and flexibility in integrating your system.
  • Visualization Tool: Acconeer's Python-based Acconeer Exploration Tool provides real-time data collection and visualization, facilitating sensor configuration and optimization for your specific application needs.

More information

Acconeer publishes investor presentation due to ongoing rights issue

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In connection with the subscription period (March 14-March 28, 2024) for the ongoing rights issue in Acconeer AB, the company is now publishing an investor presentation about the company and the rights issue with CEO Lars Lindell and COO Mikael Egard as presenters.

CEO Lars Lindell comments: "At Acconeer we have developed a leading product from the bottom up in a rapidly growing global market and we are facing an exciting time with a multitude of different applications in several business areas."

The presentation is available on youtube.com/acconeer. More information about the rights issue can be found at https://www.acconeer.com/investor_page/home/the-share/rights-issue-2024/

Acconeer has delivered more than two million radar sensors

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As of today, Acconeer has shipped more than two million of its A1Pulsed Coherent Radar sensors, accumulated since the company started selling Evaluation Kits (EVKs) in February 2018.

Lars Lindell, CEO Acconeer, comments: "Today we are happy to have passed the milestone of two million sensors shipped since we started selling it online. Since the start, we have seen a steady increase of the pace at which we pass these milestones, and now we are looking to increase the rate we sell at even further to reach new important sales achievements."

From sales start to one million sensors sold took us more than four years, and now in only 18 more months we have sold our second million. We expect the pace to pick up even more and believe we will reach three million in a much shorter time. Since 2021, Acconeer reports accumulated sales in financial reports, by the end of 2023 the company had sold in total just over 1,9 million radar sensors.