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Acconeer extends distributor agreement with Restar to include the Americas

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Acconeer has extended the agreement with Restar Electronics Corporation to include the Americas. Since July 2019 the two companies have a distributor agreement for the Japanese market, and the decision to extend it to the Americas comes as a natural result of the good progress seen in Japan.

Lars Lindell, CEO Acconeer, comments: "Since we signed a distribution agreement for Japan with Restar Electronics Corporation in July last year we have seen good progress on the Japanese consumer electronics market. Now we are happy to take the next step in the collaboration and extend the coverage to the Americas, to be able to support more customers in the region."

Hiroshi Yajima, President of Restar Electronics Corporation comments: "We have made significant progress in introducing Acconeer's technology into the Japanese markets over the past year, and we are thrilled to expand our efforts into the Americas region. We look forward to our continued partnership with Acconeer as we continue to promote their solution to an even wider range of customers."

For additional information, please contact:
Lars Lindell, Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
Hiroshi Yajima, President Restar Electronics Corporation, Phone: + 81-3-5781-1011

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on May 12, 2020 10.30.

The following documents can be retrieved from beQuoted
Acconeer-extends-agreement-with-Restar-to-Americas.pdf

About Restar Electronics Corporation
In addition to selling various kinds of semiconductors, devices and measurement equipment, Restar Electronics Corporation responds to all customer's requirement by solution proposal, technical development support, ODM, etc. and develops value-added business. For more information: https://www.restargp.com/rec/.

About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-extends-agreement-with-Restar-to-Americas.pdf

Acconeer-extends-agreement-with-Restar-to-Americas.pdf
2020-05-12

Acconeer and Alps Alpine have entered into an MoU for a joint development agreement of Next-Generation Sensing Technology

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Acconeer AB and Alps Alpine Co., Ltd. ("Alps Alpine") have today, April 24th 2020, entered into a non-binding Memorandum of Understanding (the "MoU") of a joint development agreement to develop next generation patented Pulse Coherent sensors, targeting a wide range of applications in the automotive, industrial and consumer segments including mobile phones. The MoU prescribes that Alps Alpine will contribute up to USD 7 million towards the development of the product and that Alps Alpine will receive exclusivity for the new product for the automotive market. The product is planned to be ready for production during 2023.

A legally binding final agreement is expected to be entered into during 2020. Subject to such agreement, payments are expected to commence in 2021 and end in 2023. Alps Alpine is a world-leading manufacturer of electronic components, modules and systems. Further information on Alps Alpine are set out at the bottom of this press release.

Lars Lindell, CEO of Acconeer, comments: "We have co-operated with Alps Alpine for several years and jointly won several design wins in the area of "presence detection" as well as "access control sensor" for cars. Now we have decided to take the next step in this co-operation combining Alps Alpine's competence and purchasing power in systems for cars with Acconeer's Pulsed Coherent radar technology."

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, Mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose pursuant to the EU Market Abuse Regulation. The information was provided, by the above contact person, for publication on April 24th 2020 at 10.00.

The following documents can be retrieved from beQuoted
Acconeer-announces-strategic-co-operation-to-develop-next-ge.pdf

About Alps Alpine
Alps Alpine, a leading manufacturer of electronic components and automotive infotainment systems, has brought the world numerous "First 1" and "Number 1" products since its founding in 1948. The Alps Alpine Group currently operates 110 bases in 26 countries and regions, supplying roughly 40,000 different products and solutions to around 2,000 companies worldwide. Those offerings include devices such as switches, sensors, data communication modules, touch input panels, actuators and power inductors; electronic shifters, remote keyless entry systems and other automotive units; consumer electronics like car navigation and audio-visual systems; and systems and services such as digital keys based on smartphone app and blockchain technology, and remote monitoring.

In January 2019, Alps Electric Co., Ltd. and Alpine Electronics, Inc. integrated their businesses to embark on a new era as Alps Alpine Co., Ltd. Serving a diverse range of markets encompassing an automotive industry currently undergoing major transformation, the mobile and consumer electronics domains, through to energy, healthcare and industry markets, Alps Alpine will combine and build on core device technology established over many years in three areas – human-machine interfaces, SENSORING™ and connectivity – along with system design and software development capabilities to innovate value that brings comfort to and enriches the lives of people everywhere. For more information: https://www.alpsalpine.com/e/.

About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-announces-strategic-co-operation-to-develop-next-ge.pdf

Acconeer-announces-strategic-co-operation-to-develop-next-ge.pdf
2020-04-24

Acconeer’s revenue was 210 k USD during first quarter 2020

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Ahead of Acconeer's annual general meeting (AGM), which starts 14 April 17.30, previously unpublished figures for three important parameters are published:

  • Revenue – Acconeer's revenue was 210 000 USD during the first quarter 2020, which is a growth with 16% compared to the previous quarter and 284% compared to the first quarter 2019.
  • Number of sold evaluation kits (EVKs) – During the first quarter 2020 Acconeer sold 358 EVKs.
  • Customer launches – the total number of customer launches with Acconeer's radar is after the first quarter 2020 in total 17. This is a growth with three compared to the previous quarter.

As previously communicated, CEO's speech will be recorded and made available at www.acconeer.com, instead of being held at the AGM itself. For more information about this and other precautions around the AGM, see press release from March 20.

For additional information, please contact:
Lars Lindell, Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on April 09, 2020 08.00.

The following documents can be retrieved from beQuoted
Acconeer-press-release-200409.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-press-release-200409.pdf

Acconeer-press-release-200409.pdf
2020-04-09

Acconeer awarded three design wins by ALPS ALPINE for presence detection in cars to a European premium car manufacturer

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The radar technology company Acconeer AB has been chosen by ALPS ALPINE to deliver radar sensors for the use case presence detection in cars to a European premium car manufacturer. Acconeer estimates the total potential value of the design wins to US$ 9-12 million over three years starting in 2022. 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.

These are the first design wins in this area for Acconeer. ALPS ALPINE is a world-leading manufacturer of electronic components, modules, and systems for cars.

Acconeer's unique ultra-low power and high precision radar sensor will be included in several of ALPS ALPINE's products serving different use cases. The new design wins announced today are for the use case presence detection, which is driven by industry standards such as European and Australasian New Car Assessment Programs (Euro NCAP and ANCAP). They provide consumers with independent information on the level of safety offered by vehicles in the event of a severe accident. In other geographies, demand for sensor technology will be driven by legislation such as the US "Hot Cars Act".

Lars Lindell, CEO of Acconeer, comments: "We have teamed up with ALPS ALPINE for a couple of years, and we are very pleased that they have managed to win business in this important lifesaving use case. We look forward to many more design wins in the future."

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, Mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on 31 March 2020 at 18.00.

The following documents can be retrieved from beQuoted
Acconeer-awarded-three-design-wins-by-ALPS-ALPINE 200331.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-awarded-three-design-wins-by-ALPS-ALPINE 200331.pdf

Acconeer-awarded-three-design-wins-by-ALPS-ALPINE 200331.pdf
2020-03-31

Acconeer decides about precautions around annual general meeting

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Due to the ongoing outbreak of covid-19, Acconeer has decided to take precautions in relation to the upcoming annual general meeting, which will be held on April 14, 2020, 17:30 at Ideon Gateway (second floor).

To protect the health of shareholders, Board members and co-workers the Board has made the following decision regarding the annual general meeting:

  • Registration will begin half an hour before the start of the AGM and shareholders are kindly requested to wait outside until then in order to decrease the risk of transmitting disease,
  • No refreshments will be served,
  • The company's CEO will not be holding a speech at the AGM itself. CEO's speech will instead be recorded, and made available at www.acconeer.com,
  • The number attending non-shareholders, Board members and members of the company's management team will be limited,
  • Allocated time for the AGM will be minimized, without restricting the rights of shareholders. Shareholders and their proxies are requested to pay extra attention to avoiding virus transmission.

Shareholders exhibiting even mild symptoms of illness, or belonging to a high-risk health group, are asked to appoint a proxy to look after their rights at the AGM. Form of proxy is available on the company's website, www.acconeer.com. Please note that Acconeer has no possibility of collecting proxy-votes or act as an agent.

The company is closely following the development of the coronavirus (COVID-19) and any implications it can have on Acconeer's annual general meeting. We request all shareholders who intend to participate at the meeting to stay updated via www.acconeer.com.

For additional information, please contact:
Lars Lindell, CEO, Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

The following documents can be retrieved from beQuoted
Acconeer-decides-about-precautions-around-annual-general-mee.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-decides-about-precautions-around-annual-general-mee.pdf

Acconeer-decides-about-precautions-around-annual-general-mee.pdf
2020-03-20

Acconeer develops integration-ready Entry Module with low system cost

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The planned Entry Module, XM132, will be power and cost-efficient with optimized performance for a range of pre-defined use cases. It will be released during the second half of 2020, to complement Acconeer's module offering, which currently consists of the XM112 High-Performance Module and XM122 IoT Module. With XM132, Acconeer takes the next step in providing a module designed for smooth integration into customer products.

With a solderable design combining an ARM Cortex M0 microcontroller unit (MCU) with the A111 radar sensor, the XM132 Entry Module enables radar-based use cases with ultra-low power consumption at an outstanding system cost. To optimize performance, the module will be provided with software tailored for specific use cases. This way, performance requirements can be met at a more efficient cost for customers implementing these selected focus use cases.

"By combining our A111 radar sensor with an M0 MCU, we can provide a product designed to meet commercial sensor module integration requirements, with a shorter time-to-market for customers. To get the best possible performance on a small and cost-efficient system like the ARM Cortex M0 MCU, we will provide dedicated software optimized for this platform. The module SW will come in different versions targeting some of our most common customer use cases fit for integration on a M0-based system," says Mikael Rosenhed, Acconeer's Head of Product Management.

The ARM Cortex M7-based XM112 High-Performance Module was released in December 2018, to let customers evaluate their use cases on an embedded system with high performance. In October 2019, the XM122 IoT Module was launched targeting connected battery-powered use cases, combining the A111 radar sensor with an ARM Cortex M4 MCU and integrated connectivity such as Bluetooth. Both modules have been very well received by the market, opening up new business segments, which is why Acconeer has decided to take the next step and complement the product offering with the XM132 Entry Module.

For additional information, please contact:
Mikael Rosenhed, Head of Product Management, Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on March 18, 2020 16.00.

The following documents can be retrieved from beQuoted
Acconeer-develops-integration-ready-Entry-Module 200318.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-develops-integration-ready-Entry-Module 200318.pdf

Acconeer-develops-integration-ready-Entry-Module 200318.pdf
2020-03-18

Acconeer has shipped more than 100 000 A1 radar sensors

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In February 2020, 24 months after the company started selling Evaluation Kits (EVKs) at Digi-Key, Acconeer AB has shipped more than 100 000 A1 radar sensors to distributors and customers.

Lars Lindell, CEO Acconeer, comments: "Having shipped 100 000 sensors in an important milestone for us as a company. Currently, our revenue split is about 75/25, where 75-80% of our revenue comes from the A1 radar sensor, and 20-25% comes from sales of EVKs.

We have for a long time stated that 12-24 months after the sale of EVK we expect to see customer launches, and now we can confirm that this results in volume sales. The lead time from EVK sales to customer launch varies significantly depending on the business segment. The automotive industry, for example, has a long time to market. Two years ago, less than 50 EVKs had been sold, and none of the 14 customers who have launched up until today had bought an EVK in February 2018."

In the coming 24 months, Acconeer expects that existing customers will increase their volume, the customer base will grow substantially, and the company will see larger customers launching their products.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 28, 2020 13.30.

The following documents can be retrieved from beQuoted
Acconeer-has-shipped-more-than-100-000-radar-sensors.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

Attachments
Acconeer-has-shipped-more-than-100-000-radar-sensors.pdf

Acconeer-has-shipped-more-than-100-000-radar-sensors.pdf
2020-02-28

Customer story – Acconeer’s A111 radar sensor in IoT parking solution

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From today, Acconeer will start sharing selected customer stories to show innovative ways our customers use the A111 radar sensor in their products and solutions. The first customer story is from HANCOM Mobility, who uses Acconeer's radar in their parking sensor, which is a key part of the ParkingFriends™ platform provided by HANCOM Mobility.

"By providing customer stories, Acconeer hopes to inspire more innovations, use cases and products. The possibilities with radar technology are endless, and to show actual customer implementations is a way to spark ideas for new exciting applications." says Lars Lindell, CEO Acconeer.

As highlighted in the Interim report for Q3 2019, Acconeer has seen eleven customer launches so far. Going forward, some of these will be showcased online, starting today with HANCOM Mobility's Parkingfriends™ platform. Read the full story about ParkingFriends™ on Acconeer's Customer Stories page.

For additional information, please contact:
Anna Aleryd, Head of Marketing & Communications Acconeer, Phone: +46 10218 92 00, E-mail: info@acconeer.com

The following documents can be retrieved from beQuoted
Acconeer-adds-customer-stories Acconeer Press Release 2019-1.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-adds-customer-stories Acconeer Press Release 2019-1.pdf

Acconeer-adds-customer-stories Acconeer Press Release 2019-1.pdf
2019-12-04

Acconeer and Imagimob combine Radar Technology and Edge AI in gesture-controlled headphones showcased at CES 2020

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The wireless headphone application to be showcased has been trained to recognize five hand gestures with high accuracy and close to zero latency. It is the first result coming from a cooperation agreement between the companies that started in May this year. By combining Edge AI software from Imagimob with the Pulsed Coherent Radar technology from Acconeer, the two companies have created an innovative platform for gesture control perfect for consumer electronics products.

Imagimob and Acconeer have made a long-term agreement to provide solutions based on the combination of Pulsed Coherent Radar and Edge AI technologies. While the headphones demo for CES is the first exciting result of this deep cooperation, the companies are working on several other projects together in robotics and in the automotive industry.

The market for small, accurate radar sensors combined with AI is rapidly becoming a growing business, which is shown by a number of recent commercial product launches. AI + Radar is a perfect match that can solve many different needs in markets for consumer electronics and other embedded systems where size, cost, and power consumption are key constraints. Headphones is a good example of this kind of product, where gesture control using radar and AI makes it possible to provide a smother, safer, and more intuitive interface for the user.

The A111 radar sensor is a low power, high precision, pulsed short-range radar sensor with a footprint of only 29 mm2. The small size and low power consumption make it ideal for integration into compact battery-driven devices. With the release of the new XM122 IoT module, using an Arm® Cortex®-M4 CPU, optimized for low power consumption and with wireless capabilities such as Bluetooth added, prototyping and integration in small devices with no room for a touch screen have been even further improved.

This first joint project Imagimob and Acconeer have been working on proves that the A111 radar sensor can be fitted into small wearable devices such headphones. The technology can be made to fit into all types of headphones including over-ear, on-ear and even in-ear headphones. The global industry for earphones and headphones is growing fast and is estimated to over $36 billion by 2024.

The gesture application from Imagimob enables accurate gesture detection with low latency in real time
The gesture application is developed by Imagimob using Imagimob AI and was developed in close cooperation with Acconeer. Imagimob AI is a set of software tools for the development of Edge AI applications. Edge AI applications enables small, low-power devices with intelligence and data processing capabilities for actionable insights in real-time. This lends itself to a world of exciting applications, where the Edge AI application is pre-trained with data to create specific instincts for use in all kinds of intelligent products. The output from Acconeer's radar is ideal for this type of algorithms.

Learn more and get in touch
Are you curious to learn more? Visit www.imagimob.com to learn more about Imagimob's innovative AI software tools or find out about pulsed coherent radar technology and its possibilities on www.acconeer.com. The gesture-controlled headphones will be showcased exclusively to selected customers and partners at CES in Las Vegas, January 7-10, 2020. A video of the concept is available at https://youtu.be/sHyIjieEaSQ

For additional information, please contact:
Anna Aleryd, Head of Marketing & Communications Acconeer, Phone: +46 10218 92 00, E-mail: info@acconeer.com

Anders Hardebring, CEO Imagimob, Phone: +46 705910614, E-mail: anders@imagimob.com

The following documents can be retrieved from beQuoted
Acconeer-and-Imagimob-combine-Radar-Technology-and-Edge-AI.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-and-Imagimob-combine-Radar-Technology-and-Edge-AI.pdf

Acconeer-and-Imagimob-combine-Radar-Technology-and-Edge-AI.pdf
2019-11-12

Acconeer announces plans for AEC Q-100 Automotive certification

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The radar technology company Acconeer AB now announces plans for AEC Q-100 certification. Since Acconeer's launch of the A1 sensor in Q1 2018, it has been JEDEC certified for consumer electronics.

The A1 sensor AEC Q-100 grade 3 certification, which covers the temperatures -40°C – +85°C, will be completed by Q3 2020 and grade 2 certification, which covers the temperatures -40°C – +105°C, will be completed by Q2 2022.

Lars Lindell, CEO Acconeer, comments: "With the announcement of our first project which covers three car models we are now taking the step to acquire the certifications necessary for the automotive industry. The dates we are announcing are based on RFQ processes that ALPS ALPINE is participating in and can be advanced should it be necessary for winning business".

2019-09-10

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, Mail: ir@acconeer.com 

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on September 10, 2019 at 10.00.

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2019-09-10.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com. 

Attachments
Acconeer Pressrelease 2019-09-10.pdf

Acconeer Pressrelease 2019-09-10.pdf
2019-09-10