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Acconeer signs a distribution agreement with Mouser Electronics and receives first order

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Acconeer has signed a distribution agreement with Mouser Electronics, and Acconeer's radar products will soon be available through Mouser's online store. At the same time, Mouser Electronics places an order worth USD 35 000 for initial stock. The order relates to Acconeer's A1 radar sensor and related modules, evaluation kits (EVK) and lenses. Mouser is one of the largest electronic component distributors in the world, with a global reach.

Lars Lindell, CEO of Acconeer, comments: "With this agreement in place we further increase our visibility and availability for customers worldwide. Being one of the largest global players in the industry, Mouser is an important addition to our global distributor network".

Jeff Newell, Senior Vice President of Products for Mouser Electronics: "We're excited to offer our customers Acconeer's world-class radar products. Acconeer radar sensors, kits and lenses align with our existing line card and customer base, and we look forward to a successful long-term relationship".

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 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 25 March 2021 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer-signs-distribution-agreement-with-Mouser.pdf

About Mouser Electronics
Mouser Electronics, a Berkshire Hathaway company, is an authorised semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor's website, mouser.com, is available in multiple languages and currencies and features more than 5 million products from over 1.100 manufacturer brands. Mouser offers 27 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 630.000 customers in 223 countries/territories from its 93.000 square-meter, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit https://www.mouser.com.

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-signs-distribution-agreement-with-Mouser.pdf

Acconeer-signs-distribution-agreement-with-Mouser.pdf
2021-03-25

Acconeer publishes annual report 2020

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Acconeer AB's annual report for 2020 is from today available on the company's website, investor.acconeer.com.

In order to reduce environmental impact and cost, Acconeer AB will not print the annual report for general distribution. A printed version of the report can be distributed to shareholders upon request.

As previously communicated, the Annual General Meeting will be held on Tuesday, 27 April 2021. Due to the covid-19 pandemic, the AGM will be conducted by advance voting. More information will be included in the notice convening the AGM.

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

The following documents can be retrieved from beQuoted
Acconeer-publishes-annual-report-2020 210324.pdf
Acconeer-Annual-report-2020 20210324.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-publishes-annual-report-2020 210324.pdf
Acconeer-Annual-report-2020 20210324.pdf

Acconeer-publishes-annual-report-2020 210324.pdf
Acconeer-Annual-report-2020 20210324.pdf
2021-03-24

Acconeer and Alps Alpine have signed a joint development agreement of Next-Generation Sensing Technology

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Acconeer AB and Alps Alpine Co., Ltd. ("Alps Alpine") have signed 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 contract is based on the principles in the MoU signed and announced in April 2020, and prescribes that Alps Alpine will contribute up to USD 6 million towards the development of which USD 3.85 million is paid as a Non Recurring Engineering fee and the balance will be invested in tools and third party IP. In return, Alps Alpine will receive exclusivity for the new product for the automotive market. The product is planned to be ready for production during 2024.

Payments are expected to commence in 2021 and end in 2024. 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. The joint development agreement is 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. Entering into this agreement is a very important step which allows us to go ahead with our plans for the next generation radar sensor."

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 March 19th 2021 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer-and-AlpsAlpine-signs-strategic-co-operation-to-deve.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-and-AlpsAlpine-signs-strategic-co-operation-to-deve.pdf

Acconeer-and-AlpsAlpine-signs-strategic-co-operation-to-deve.pdf
2021-03-19

Acconeer receives order from CODICO worth USD 96 000

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The order relates to Acconeer's A1 radar sensor intended for mass production of customer products. CODICO GmbH is a leading European distributor, headquartered in Vienna, Austria.

Lars Lindell, CEO Acconeer, comments: "We have collaborated with CODICO on the European market since June 2019, and are happy to see another volume order from them."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

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 March 02, 2021 12.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Codico.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-receives-order-from-Codico.pdf

Acconeer-receives-order-from-Codico.pdf
2021-03-02

Acconeer receives order from Glyn Limited worth USD 156 000

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The order relates to Acconeer's A1 radar sensor intended for mass production of customer products. New Zealand-based Glyn Ltd is Acconeer's main distributor in New Zealand and Australia, and the two companies have a distribution agreement since June 2019.

Lars Lindell, CEO Acconeer, comments: "This is our largest order from Glyn so far, and we are happy to see that customer activities in the Oceanian region are progressing well."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

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 March 02, 2021 11.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Glyn.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-receives-order-from-Glyn.pdf

Acconeer-receives-order-from-Glyn.pdf
2021-03-02

Acconeer, Imagimob and OSM Group shows gesture-controlled in-ear headphones

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As previously announced, Acconeer, Imagimob and OSM Group have been working together on gesture-controlled in-ear headphones. A working prototype is now ready, providing a platform which enables customers to bring gesture-controlled in-ear headphones to the market in a short time.

Gesture control is a perfect fit for in-ear headphones, since the earbud is small and not visible to the user, which makes physical buttons difficult to use. The AOI Touchless In-Ear Headphones, a platform for control of music and calls with simple gestures is now ready for customers to start commercialization projects. The project combines Imagimob AI SaaS solution and its world-leading expertise in Edge AI with Acconeer's high-accuracy, low-power radar sensor in a hardware designed and manufactured by OSM Group. Based on this, a prototype with a gesture hit rate of more than 96% and latency less than 500 ms has been developed.

The in-ear headphones has the Acconeer A1 radar sensor and an AI model by Imagimob with memory footprint of 17 kB RAM & 113 kB flash running on an ARM Cortex® M4 MCU from STMicroelectronics, all built into hardware and mechanics by OSM Group with a weight of only 0.17oz per earbud.

Gesture control and touchless user interfaces has become a hot topic as the pandemic has swept over the world, and the software and hardware platform developed in this project can also be used in a wide range of other electronic devices to implement gesture control. The touchless gesture control market is primarily driven by factors such as rising hygiene consciousness and low maintenance cost. Touchless interfaces in addition to gesture controls are becoming widely popular as they provide the abilities to interact with devices without physically touching them.

The project is part of the strategic innovation program Smarter Electronic Systems – a joint investment by Vinnova, Formas and Swedish Energy Agency.

Additional resources:

For additional information, please contact:

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

Anders Hardebring, CEO Imagimob, Phone: +46 70 591 06 14, E-mail: anders@imagimob.com

The following documents can be retrieved from beQuoted
Acconeer-Imagimob-and-OSM-Group-shows-gesture-controlled-in-.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

About Imagimob

Imagimob is a fast growing startup driving innovation at the forefront of Edge AI and tinyML-and enabling the intelligent products of the future. Based in Stockholm, Sweden, the company has been serving global customers within the automotive, manufacturing, healthcare, and lifestyle industries since 2013. In 2020, Imagimob launched their SaaS Imagimob AI for the swift and easy end-to-end development of Edge AI applications for devices with constrained resources. Imagimob AI guides and empowers users throughout the entire development journey, resulting in game-changing productivity and faster time-to-market. Tirelessly dedicated to staying on top of the latest research, the experienced team behind Imagimob is always thinking new, and thinking big.

About OSM Group

OSM is a leading developer and manufacturer of technically advanced electronics products and soft goods. Established more than 20 years ago in Sweden, our Scandinavian heritage influences our sense of purpose to deliver inspired design, robust manufacturing and ethical conduct that is beyond reproach. We operate our own factories in Asia for total control of the manufacturing process and have developed an exceptional global supply chain that delivers value and choice.

Attachments
Acconeer-Imagimob-and-OSM-Group-shows-gesture-controlled-in-.pdf

Acconeer-Imagimob-and-OSM-Group-shows-gesture-controlled-in-.pdf
2021-03-01

Acconeer receives order from Digi-Key worth USD 47 000

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The order relates to Acconeer's A1 radar sensor, as well as the XM122 IoT Module. Digi-Key's global online platform, serving customers with evaluation kits and sensors intended for mass production, remains an important distribution channel for Acconeer.

Lars Lindell, CEO Acconeer, comments: "We are happy to see another order of sensors intended for customers' mass production. Part of the order also relates to our XM122 IoT Module, for which we see a continued high demand."

In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.

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 26, 2021 10.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Digi-Key-210226.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-receives-order-from-Digi-Key-210226.pdf

Acconeer-receives-order-from-Digi-Key-210226.pdf
2021-02-26

YEAR-END REPORT 1 JANUARY – 31 DECEMBER 2020

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In the fourth quarter 2020, Acconeer AB's net sales amounted to kSEK 2,956, and seven new customer products were launched. The cash flow from operating activities was kSEK -13,927. During the quarter, 501 evaluation kits (EVK) were sold, which is well above the company's target of selling on average three EVK per day.

Lars Lindell, CEO Acconeer, comments: "In the fourth quarter 2020 we were happy to see seven new customer launches, including three in China which continues to be a strong market for us. Otherwise, continued focus has been to finalize the discussions with Alps Alpine, where we hope to be able to sign a contract during Q1 2021."

FOURTH QUARTER 1 OCTOBER – 31 DECEMBER 2020

  • Net sales for the fourth quarter amounted to kSEK 2,956 (1,829) TSEK.
  • The Gross margin was 72 (67) %.
  • Result after taxes amounted to kSEK -15,451 (-19,465).
  • Earnings per share before and after dilution was SEK -0.66 (-1.01) SEK.
  • The cash flow from operating activities was kSEK -13,927 (-15,641).

FULL YEAR JANUARY- DECEMBER 2020

  • Net sales for the full year amounted to kSEK 9,505 (5,508).
  • The Gross margin was 61 (61) %.
  • Result after taxes amounted to kSEK -62,312 (-68,539).
  • Earnings per share before and after dilution was SEK -2.85 (-3.58)
  • The cash flow from operating activities was kSEK -56,391 (-60,701).
  • Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 82,170 (77,954)

SIGNIFICANT EVENTS DURING THE FOURTH QUARTER

  • Acconeer received two orders from Digi-Key worth USD 36,000 and 37,000.
  • A distribution agreement was signed with Marubun.
  • Acconeer received an order from BEYD worth USD 421,000.
  • It is the company's assessment that the effects of Covid-19 has had a limited impact on operations in 2020. No impact was seen on the development side, while manufacturing was somewhat affected by a global shortage of processors that occurred in connection with Covid-19. Regarding demand for the company's products, we see that some customer projects have been delayed, but the assessment is that this falls within the margin of uncertainty that always exists.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • Acconeer receives funding of SEK 4M for project on sleep monitoring with Sleepiz and University of Gothenburg.

The year-end report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/

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 19, 2021 07.30.

The following documents can be retrieved from beQuoted
Acconeer-Q4- 210219.pdf
Acconeer-Q4-2020 ENG 20210219.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-Q4- 210219.pdf
Acconeer-Q4-2020 ENG 20210219.pdf

Acconeer-Q4- 210219.pdf
Acconeer-Q4-2020 ENG 20210219.pdf
2021-02-19

Acconeer receives funding of SEK 4M for project on sleep monitoring with Sleepiz and University of Gothenburg

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Sweden's Innovation Agency has granted Acconeer 4 million SEK for research on sleep monitoring using radar. The project will run for three years starting in April 2021 and will be a consortium with Sleepiz based in Switzerland and the University of Gothenburg, Sweden.

The aim of the project is to deliver a revolutionary contactless device for diagnosis and monitoring, where Acconeer's next generation pulsed coherent radar sensor will be used to monitor cardio-respiratory patterns. Sleepiz already has a sleep monitoring device on the market and their expertise in the field combined with Acconeer's radar research will result in a new product that will be validated by University of Gothenburg's Sleep Medicine Centre.

"We are delighted to work with Acconeer to co-develop a customized radar chip for improved functionality and features, as well as to do prototype validation with University of Gothenburg's Sleep Medicine Centre" says Soumya Dash, CEO at Sleepiz.

The funding from Sweden's Innovation Agency for this project is granted within the European Union's Horizon 2020 research and innovation program.

For additional information, please contact:

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

Soumya Dash, CEO Sleepiz, E-mail: soumya.dash@sleepiz.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 18, 2021 16.00.

The following documents can be retrieved from beQuoted
Acconeer-granted-funding-for-project-in-sleep-monitoring 210.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-granted-funding-for-project-in-sleep-monitoring 210.pdf

Acconeer-granted-funding-for-project-in-sleep-monitoring 210.pdf
2021-02-18

Gesture-controlled in-ear headphone by Acconeer, Imagimob and OSM Group soon ready for commercialization

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As announced last year, Acconeer, Imagimob and OSM Group are working together on gesture-controlled in-ear headphones. A working prototype will be available in Q1 2021, and the platform is soon ready for commercialization. Selected customers can now schedule exclusive demos of the prototype.

Gesture control is a perfect fit for in-ear headphones, since the earbud is small and not visible for the user, which makes physical buttons difficult to use. With the small footprint of Acconeer's A1 radar sensor, and the efficient AI software by Imagimob, it is possible to get it into a device as small as the in-ear headphone.

The project combines Imagimob AI SaaS solution and its world-leading expertise in Edge AI with Acconeer's high-accuracy, low-power radar sensor in a hardware designed and manufactured by OSM Group. The aim is to provide a solid platform targeting headphone companies looking to bring gesture-control into in-ear headphones to the market in a short time, while keeping accuracy and robustness high. However, the software and hardware platform developed in the project can also be used in a wide range of other electronic devices to implement gesture control.

Gesture control and touchless user interfaces has become a hot topic as the pandemic has swept over the world. The touchless gesture control market is primarily driven by factors such as rising hygiene consciousness and low maintenance cost. Touchless interfaces in addition to gesture controls are becoming widely popular as they provide the abilities to interact with devices without physically touching them.

The project is part of the strategic innovation program Smarter Electronic Systems – a joint investment by Vinnova, Formas and Swedish Energy Agency.

Imagimob and Acconeer are both showcasing at the all-digital CES 2021 January 11-14.

Video

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
Anders Hardebring, CEO Imagimob, Phone: +46 70 591 06 14, E-mail: anders@imagimob.com

The following documents can be retrieved from beQuoted
Gestured-controlled In-ear headphone using radar AI 210111.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

About Imagimob

Imagimob is a pioneer in Edge AI and tinyML. The company was founded in 2013, and has been working with Edge AI ever since. Imagimob offers Imagimob AI, a SaaS solution for fast and easy end-to-end development of Edge AI applications for edge devices with constrained resources. Imagimob is located in Stockholm, Sweden. For more information: www.imagimob.com

About OSM Group

OSM is a leading developer and manufacturer of technically advanced electronics products and soft goods. Established more than 20 years ago in Sweden, our Scandinavian heritage influences our sense of purpose to deliver inspired design, robust manufacturing and ethical conduct that is beyond reproach. We operate our own factories in Asia for total control of the manufacturing process and have developed an exceptional global supply chain that delivers value and choice.

Attachments
Gestured-controlled In-ear headphone using radar AI 210111.pdf

Gestured-controlled In-ear headphone using radar AI 210111.pdf
2021-01-11