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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.

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

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

Acconeer’s latest radar sensor achieves a power consumption less than 80 µW for human presence detection
2023-12-20

Acconeer receives order from Nexty worth USD 190k

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The order relates to Acconeer's pulsed coherent radar sensor A1 for mass production. NEXTY Electronics is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Lars Lindell comments: "Nexty is our distributor for the car industry and this volume order, following the one announced in October, confirms that the automotive production ramp-up is now happening. We are of course very happy about this and expect to see even higher volumes shipped to the automotive industry going forward.”

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 is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-12-07 09:20 CET.

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer receives order from Nexty worth USD 190k

Acconeer receives order from Nexty worth USD 190k
2023-12-07

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.

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 is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-11-28 11:40 CET.

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

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

Acconeer announces five new automotive design wins to an estimated value of USD four million
2023-11-28

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.

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

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer’s A121-based XM126 IoT Module now available

Acconeer’s A121-based XM126 IoT Module now available
2023-11-22

Large Japanese electronics company launches module based on Acconeer’s A1 radar sensor

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The new module is a connected, battery-powered device targeting smart presence, distance and level measurements, as well as other radar-based IoT use cases. The module, which is now available to order, can for example be integrated into spaces such as bathrooms or meeting rooms to detect people presence, or put in tanks for measuring liquid levels. Acconeer estimates the value of the launch to USD 200k annually. Sales to this customer are reflected in sales to Acconeer’s distributors.

The company behind this module is a top player in the Japanese electronics market, with a long history of providing components and modules globally. By combining Acconeer’s high-precision, ultra-low power radar sensor with their expertise in module development, a unique offering is created for customers in Japan and worldwide.

Lars Lindell, CEO Acconeer, comments: “We continuously strive to find new ways to reach customers and are pleased to see this launch of a radar module based on our sensor. This opens up for new, innovative IoT products based on the A1 radar sensor.”

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

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-11-07 11:45 CET.

Attachments
Large Japanese electronics company launches module based on Acconeer’s A1 radar sensor

Large Japanese electronics company launches module based on Acconeer’s A1 radar sensor
2023-11-07

Acconeer again on ‘Fast 50’ fastest growing tech companies in Sweden

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On October 31, Deloitte released their new Technology Fast 50 ranking of Swedish tech companies for 2023, and Acconeer is on the list for the second consecutive year.

“We’re proud and pleased to yet again confirm that Acconeer is on the list of Sweden’s fastest growing tech companies. This is the second year in a row our company reaches the top section.” CEO Lars Lindell comments.

Every year since 1995, Deloitte has composed ‘Technology Fast 50′ lists to recognize tech companies’ progress. Today, these rankings are done in over 20 countries across the world and in separate local regions in larger countries such as the US.

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

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

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Acconeer TOP50 Deloitte

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Acconeer again on 'Fast 50' fastest growing tech companies in Sweden

Acconeer again on 'Fast 50' fastest growing tech companies in Sweden
Acconeer TOP50 Deloitte
2023-11-02

Interim report Q3 2023

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In the third quarter 2023, Acconeer's net sales amounted to kSEK 8,379. More than 11,000 modules and approximately 96,000 sensors were sold. In total, Acconeer has sold 1,752,365 radar sensors and 160,903 modules since launch. In the quarter 364 evaluation kits were sold, and an accumulated 7,033EVKs have been sold since launch. The gross margin in Q3 was 67% and 12 new customer products were launched.

CEO Lars Lindell comments: “We are very happy to see good progress in the automotive industry, where we now have four launched car models in total from one of the largest players in the industry. This is pleasing as it indicates that the system for access control incorporating Acconeer's sensor has become a standard product, and we hope for many more launches going forward. We were also happy to see as much as twelve launched customer products.”

THIRD QUARTER

  • Net sales for the third quarter amounted to kSEK 8,379 (12,066).
  • The gross margin on sales of goods was 67 (58)%.
  • Result after taxes amounted to kSEK-9,590 (-10,648).
  • Earnings per share before and after dilution was SEK -0.36 (-0.40).
  • The cash flow from operating activities was kSEK -6,895 (-8,094).

JANUARI-SEPTEMBER

  • Net sales for nine months amounted to kSEK 24,910 (32,966).
  • The gross margin on sales of goods was 62 (60)%.
  • Result after taxes amounted to kSEK -35,215 (-36,726).
  • Earnings per share before and after dilution was SEK -1.33 (-1.55).
  • The cash flow from operating activities was kSEK -27,430 (-29,247).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 42,431 (112,649).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer partners with Convergence Promotions to expand sales network in North America.
  • Acconeer signed distribution agreement with Turkish Ansal Component.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer received order from Nexty worth USD 150,000.

The interim report is attached to this press release and available through Acconeer's website: https://www.acconeer.com/investor_page/home/financial-reports/.

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

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-10-27 07:30 CEST.

Attachments
Acconeer Q3 2023 ENG

Acconeer Q3 2023 ENG
2023-10-27

Acconeer receives order from Nexty worth USD 150,000

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The order relates to Acconeer's pulsed coherent radar sensor A1 for mass production. NEXTY Electronics is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Lars Lindell comments: "Nexty is our distributor for the car industry and this volume order shows that mass production is now starting for the car models at a European car manufacturer in the premium segment where we previously communicated design wins. We are of course very happy about this and expect that our volumes to the automotive industry will continue to increase in the coming years.”

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

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-10-26 08:45 CEST.

Attachments
Acconeer receives order from Nexty worth USD 150,000

Acconeer receives order from Nexty worth USD 150,000
2023-10-26

SALES START FOR A NEW CAR MODEL USING ACCONEER RADAR SENSOR WITH AN ESTIMATED TOTAL VALUE OF USD 350K

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Acconeer's A1 pulsed coherent radar sensor is used in a new car model from one of the top two American high-volume car makers 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 350k spread over seven years. Sale to this customer is reflected in sales to Acconeer's distributors.

This new car model follows three previous models from the same car maker.

CEO Lars Lindell comments: “At Acconeer we are excited to see yet another model coming from this large player in the car industry, where we now see that that the system for access control incorporating our sensor has become a standard product. We expect to see more car launches from this and other manufacturers 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.

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

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
SALES START FOR A NEW CAR MODEL USING ACCONEER RADAR SENSOR WITH AN ESTIMATED TOTAL VALUE OF USD 350K

SALES START FOR A NEW CAR MODEL USING ACCONEER RADAR SENSOR WITH AN ESTIMATED TOTAL VALUE OF USD 350K
2023-10-24

Acconeer’s Pulsed Coherent Radar sensors now fully certified according to new US regulations

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As of today, Acconeer’s A121 and A111 Pulsed Coherent Radar sensors are certified as compliant with the new rules for the 60GHz frequency band in the USA. The compliance has been verified by Cetecom advanced following the recent adoption of the new regulations.

CEO Lars Lindell comments: “This is an expected yet very important step for us and our customers on the American market, since it simplifies the launch of new products in the US significantly. As previously communicated, we are ramping up our sales activities in USA, and we look forward to seeing an uptake in activity and hopefully sales in the region.”

The grant is a modular approval including the use of lenses. This will reduce the cost of certification and time to market for Acconeer’s customers.

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

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer’s Pulsed Coherent Radar sensors now fully certified according to new US regulations

Acconeer’s Pulsed Coherent Radar sensors now fully certified according to new US regulations
2023-09-05