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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.

Acconeer announces automotive design win to an estimated value of USD 5 million

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Acconeer’s A121 Pulsed Coherent Radar sensor has been designed into a first car model from a leading Japanese automotive manufacturer. The design win is for the use case access control, which allows touchless opening of the trunk of a car. The total forecasted value of the design win is more than USD 5 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 automotive design win, this time with a new manufacturer and the first one in Asia. This means that we now have launches or design wins with four of the leading automotive corporations in the world, which puts us in a very good position on a market that we expect to grow at a high pace over the coming years.”

In total, Acconeer has now seen four launched car models and fourteen design wins in the automotive industry. The total forecasted value of all announced design wins is USD 40 million in the period 2024-2031. A design win is counted when a formal nomination is received, or when forecasted sales can be done with high reliability.

Acconeer’s latest radar sensor achieves a power consumption less than 80 µW for human presence detection

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The latest generation of Acconeer’s radar sensors has the world’s lowest power consumption – less than 80 µW – when used for human presence detection. These sensors are integrated in several car models to detect occupancy on each seat in the passenger compartment, and are accurate enough to even safely register a sleeping baby in a child seat.

While Acconeer’s market leading radar sensors can easily fit on the tip of a finger, they are still able to detect distance, speed and motion of multiple objects up to 20 meters away. The sensors are today deployed in a diverse selection of industries around the world, ranging from automotive and industrial installations to consumer products and IoT solutions. Many of the end products are powered by battery and have high restrictions on power consumption. When configured smartly, these sensor solutions can reach a battery lifetime of up to 10 years. 
 
The Acconeer team will be showing the products and a broad mix of live demos at the Consumer Electronics Show in Las Vegas, January 9-12. For more information and to book a meeting at the CES tradeshow, please contact Magnus Gerward at us@acconeer.com.

Acconeer announces five new automotive design wins to an estimated value of USD four million

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Acconeer’s A121 Pulsed Coherent Radar sensor has been designed in to an additional five new car models from one of the world's leading multinational automotive manufacturing corporations. 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 four 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 excited to announce new automotive design wins on several platforms, with one of the top five automotive manufacturing corporations in the world. These design wins follow a previously communicated design win with the same manufacturer, and we take them as proof of the quality of our product which is now used in several new models and on new platforms. This is something we expect to see happening with several big players in the automotive industry over the coming years.”

In total, Acconeer has now seen four launched car models and thirteen design wins in the automotive industry. The total forecasted value of all announced design wins is USD 35 million in the period 2024-2031. A design win is counted when a formal nomination is received, or when forecasted sales can be done with high reliability.

Acconeer’s A121-based XM126 IoT Module now available

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The XM126 IoT Module based on Acconeer’s latest Pulsed Coherent Radar sensor A121 is now available to buy for customers globally. With a battery life of up to ten years depending on use case and settings, this new module is the perfect choice for customers looking to create connected, battery-powered products. It is compatible with the XA122 Battery Board and the waterproof CA122 IoT Casing for easy integration and short time to market.

Mikael Rosenhed, Head of Product Management, comments: “Based on customer demand and continuous dialogue with our partners, we’re expanding our product portfolio with the XM126 radar module. It combines the high performance of the A121 radar sensor with connectivity and is one of our most power efficient modules so far.”

The XM126 IoT Module is the second module featuring the new A121 pulsed coherent radar sensor, and will be a low power connected radar module in an optimized circular form factor with a diameter of 33 mm. This IoT module integrates the A121 sensor with the Nordic nRF52840 System on Chip (SoC) with a 32-bit 64 MHz Arm® Cortex®-M4 CPU. It comes with pre-certified Bluetooth connectivity (BLE) and is prepared for several options for wireless connectivity.

Acconeer released the first radar module in December 2018, allowing customers to develop and launch products with industry leading accuracy and power consumption. Since then, the Acconeer product portfolio has expanded into a selection of sensors, modules and EVKs, with performance levels and feature sets matching a wide range of application areas.