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Interim report Q3 2022

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In the third quarter 2022, Acconeer's net sales amounted to 12,066 kSEK, and the product revenue increased by 62% compared to the same quarter last year. A record number of sensors were sold, 185,419 and 21,116 modules were sold. In total, Acconeer has sold 1,208,596 radar sensors and 100,752 modules since launch. In the quarter 332 evaluation kits were sold, and an accumulated 5,595 EVKs have been sold since launch. The gross margin in Q3 was 58% and as much as 11 new customer products were launched.

 CEO Lars Lindell comments: "The biggest news in Q3 were the great accomplishments in the automotive industry where we saw the first launched car that uses our radar sensor."

 

THIRD QUARTER

  • Net sales for the third quarter amounted to kSEK 12,066 (7,859).
  • The gross margin on sales of goods was 58 (70)%.
  • Result after taxes amounted to kSEK-10,648 (-10,309).
  • Earnings per share before and after dilution was SEK -0.40 (-0.44).
  • The cash flow from operating activities was kSEK -8,094 (-7,673).

JANUARY-SEPTEMBER

  • Net sales for nine months amounted to kSEK 32,966 (23,047).
  • The gross margin on sales of goods was 60 (71) %.
  • Result after taxes amounted to kSEK-36,726 (-33,881).
  • Earnings per share before and after dilution was SEK -1.55 (-1.45).
  • The cash flow from operating activities was kSEK -29,247 (-25,973).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 112,649 (47,849).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer received order from BEYD worth USD 300k.
  • First car using Acconeers A1 radar sensor launched.

 

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer develops module based on the new A121 pulsed coherent radar sensor.

 

The interim 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 October 28, 2022, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q3 en 2022-10-28.pdf
Acconeer-Q3 2022 ENG 221028.pdf

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-Q3 en 2022-10-28.pdf
Acconeer-Q3 2022 ENG 221028.pdf

Acconeer-Q3 en 2022-10-28.pdf
Acconeer-Q3 2022 ENG 221028.pdf
2022-10-28

Acconeer among Sweden’s 50 fastest growing tech companies according to Deloitte

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Acconeer is among the 50 Swedish companies qualified for Deloitte's list Sweden Technology Fast 50. Every year, Deloitte lists the 50 fastest growing tech companies in Sweden. Which ranking Acconeer has among the 50 will be announced in November.

CEO Lars Lindell comments: "We are of course very happy to be among the 50 fastest growing Swedish tech companies. We are well aware that we are growing at a high pace, and now we look forward to getting to know how we compare to the other companies on the list. We see this as a confirmation that we are heading in the right direction at a competitive pace."

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-among-50-fastest-growing-Swedish-tech-companies-acc.pdf

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-among-50-fastest-growing-Swedish-tech-companies-acc.pdf

Acconeer-among-50-fastest-growing-Swedish-tech-companies-acc.pdf
2022-10-26

Acconeer develops module based on the new A121 pulsed coherent radar sensor

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The new module – which will be the first to integrate the new A121 radar sensor – will be called XM125 Entry+ Module. It will have ultra-low power consumption, outstanding system cost and solderable design for optimized integration into mass-produced solutions. The module is planned to be available for customers in Q1 2023.

The XM125 Entry+ Module will have the same form factor as the previously released Entry+ Modules XM123 and XM124, with a footprint of only 15×18,6 mm which is the new standard for modules featuring the A1 sensor family including both A111 and A121. XM125 can be delivered in tape-and-reel format which makes it easy for customers to put into mass production. An evaluation kit (EVK), XE125, will also be available to make it possible for customers to evaluate and develop their XM125-based products using Acconeer's popular Exploration Tool.

CEO Lars Lindell comments: "We are happy to announce our first A121-based module, which will expand our successful integration-ready Entry Module range with our best sensor so far. Our modules have been very popular, and last week we could announce that we have sold more than 100 000 modules. Now we look forward to seeing what innovative products our customers will use the XM125 in."

Acconeer's first module, the ARM Cortex M7-based XM112 High-Performance Module, was released in December 2018, allowing customers to evaluate their use cases on an embedded system with high performance. Since then, the module portfolio has been extended and with the release of the XM125 there will be a total of six modules available in three different segments: High-Performance Modules for customers who want high processing power, IoT Modules for use cases where built-in connectivity is needed and Entry Modules for lowest possible system cost.

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 October 12, 2022 15:30.

The following documents can be retrieved from beQuoted
Acconeer-develops-module-based-on-the-new-A121-pulsed-cohere.pdf

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) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-develops-module-based-on-the-new-A121-pulsed-cohere.pdf

Acconeer-develops-module-based-on-the-new-A121-pulsed-cohere.pdf
2022-10-12

Acconeer has delivered more than 100 000 radar modules

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Acconeer has now shipped more than 100 000 modules with the A111 radar sensor since the company launched its first module in December 2018. Since then, the company has released a range of popular modules where a radar sensor is combined with a microprocessor (MCU) and other supporting components.

Mikael Rosenhed, Head of Product Management Acconeer, comments: "We made the decision to develop our first module as a reference design to make it easier for customers to evaluate our radar sensor and develop their products using it. Over time, our module range has been expanded to also include integration-ready modules for customers to incorporate in their mass-produced solutions. These have been highly popular and we are happy to see that we have now sold more than 100K modules in less than four years."

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

The following documents can be retrieved from beQuoted
Acconeer-has-delivered-more-than-100K-modules.pdf

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) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-has-delivered-more-than-100K-modules.pdf

Acconeer-has-delivered-more-than-100K-modules.pdf
2022-10-05

First car using Acconeers A1 radar sensor now launched

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Acconeer's A1 pulsed coherent radar sensor is used in an electrical 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. This is the first commercially available car using the company's technology. Based on forecasts from the distributor, the value of the launch of this one model is estimated to USD 600 000 over three years. Sales to this customer is reflected in sales to Acconeer's distributors.

CEO Lars Lindell comments: "To see the first car on the streets with our radar sensor in it is a huge milestone for Acconeer, and this is of course an important step for us as a company. We have recently stated that we believed that a car launch was very close, and now we have been able to confirm the launch. In combination with the previously communicated design wins with a European premium car manufacturer, this launch proves that our product is attractive and competitive for use in the automotive industry."

A very important step to be able to achieve this launch was the modular approval certification of the product against Acconeers waiver granted by the US Federal Communications Commission (FCC) in July 2021.

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 August 9, 2022 17:15.

The following documents can be retrieved from beQuoted
First-car-using-Acconeers-A1-radar-sensor-now-launched.pdf

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 companys Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
First-car-using-Acconeers-A1-radar-sensor-now-launched.pdf

First-car-using-Acconeers-A1-radar-sensor-now-launched.pdf
2022-08-09

Interim report Q2 2022

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In the second quarter 2022, Acconeers net sales amounted to 10,779 kSEK, and the product revenue increased by 120% compared to the same quarter last year. A record number of sensors were sold, 167,654 and 21,294 modules were sold. In total, Acconeer has sold 1,023,177 radar sensors and 79,636 modules since launch. In the quarter 224 evaluation kits were sold, and an accumulated 5,263 EVKs have been sold since launch. The gross margin in Q2 was 62% and as much as 12 new customer products were launched. At the end of the quarter, an evaluation kit (EVK) for Acconeers second radar sensor, A121, was shipped to distributors for sale.

CEO Lars Lindell comments: "The most important news in the second quarter was that we delivered evaluation kits for our new radar sensor A121 to distributors, who have since started selling it to customers for evaluation and product development. Now we look forward to seeing how it will be received by the market. In addition, we once again had a strong quarter, with a new record for the number of sensors sold and as many as 12 new customer launches."

 

SECOND QUARTER

  • Net sales for the second quarter amounted to kSEK 10,779 (7,643).
  • The gross margin on sales of goods was 62 (72)%.
  • Result after taxes amounted to kSEK-12,197 (-11,695).
  • Earnings per share before and after dilution was SEK -0.47 (-0.50) SEK.
  • The cash flow from operating activities was kSEK -10,028 (-9,402).

 

FIRST SIX MONTHS

  • Net sales for the first six months amounted to kSEK 20,900 (15,188) .
  • The gross margin on sales of goods was 62 (73)%.
  • Result after taxes amounted to kSEK-26,078 (-23,571).
  • Earnings per share before and after dilution was SEK -1.01 (-1.01).
  • The cash flow from operating activities was kSEK -21,153 (-18,300).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 117,941 (57,613)

 

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeers A1 radar sensor in robot from large global Japanese consumer electronics company.
  • Acconeer received order from Nexty worth USD 147k.
  • New module variants designed to solve component shortage for modules was announced.
  • Acconeers management team members purchased shares through the exercise of the companys warrant program 2019/2022.
  • Acconeer received order from Digi-Key worth USD 400k.
  • Acconeer received order from Asteelflash worth USD 280k.
  • Acconeer receives order from Nexty worth USD 335k.
  • Launch of Evaluation Kit for A121 – new pulsed coherent radar sensor in A1 product family.

 

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer receives order from BEYD worth USD 300k.

The interim report is attached to this press release and available through Acconeers 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 July 22, 2022 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q2-2022-en-220722.pdf
Acconeer-Q2-result 2022 ENG 220721.pdf

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 companys Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-Q2-2022-en-220722.pdf
Acconeer-Q2-result 2022 ENG 220721.pdf

Acconeer-Q2-2022-en-220722.pdf
Acconeer-Q2-result 2022 ENG 220721.pdf
2022-07-22

Acconeer registers an increased number of shares through subscription via warrants

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Acconeer ABs share capital and number of shares have increased due to the exercise of warrants in series TO2 (2019/2022). As a result, the company is increasing its cash by SEK 17 million.

A total of 611,048 new shares were subscribed for in Acconeer AB with the support of the warrants TO2. Subscription has taken place in installments during the subscription period that ran from the first of May 2022 until and including 30 June 2022. The last installment of these subscriptions was registered with the Swedish Companies Registration Office (Bolagsverket) on 7 July 2022.

After the shares subscribed for in connection with the end of the subscription period have been registered with the Swedish Companies Registration Office, the total number of shares in Acconeer AB amounts to 26,331,798, with a quota value of SEK 0.05 per share. The share capital in Acconeer AB thus amounts to SEK 1,316,589.9 after the completion of the warrant program.

In connection with the subscription of shares, some members of the management team have changed holdings in Acconeer. The current holdings are available on the companys website: https://investor.acconeer.com/en/corporate-governance/management-team/.

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-registers-increased-number-of-shares-through-subscr.pdf

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 companys Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-registers-increased-number-of-shares-through-subscr.pdf

Acconeer-registers-increased-number-of-shares-through-subscr.pdf
2022-07-08

Acconeer receives order from BEYD worth 300 000 USD

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The order relates to Acconeer's A111 radar sensor for customers' mass production, the evaluation kit (EVK) XE121 and related products, as well as the coming modules XM124 and XM123 including EVKs for these. BEYD is Acconeer's Chinese distributor and remains an important sales channel for the company.

CEO Lars Lindell comments: "We are seeing a gradual improvement on the Chinese market after their covid-19 related lockdowns, and this order is a good confirmation of that progress."

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 July 06, 2022, 11.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-BEYD-220706.pdf

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 companys Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-receives-order-from-BEYD-220706.pdf

Acconeer-receives-order-from-BEYD-220706.pdf
2022-07-06

Acconeer launches Evaluation Kit for A121 – new pulsed coherent radar sensor in A1 product family

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As previously announced, Acconeer introduces a new high-performance radar sensor, A121, and today the evaluation kit (EVK) for the product has been shipped to distributors and will soon be available for customers to buy. The A121 radar sensor is planned to be ready for mass production in the first quarter of 2023.

CEO, Lars Lindell, comments: "This is a huge milestone for Acconeer as a company, as it moves us from a one-product startup to a multi-product company and proves that we have the capabilities to develop and maintain several sensor products in parallel. Now we are looking forward to seeing all the innovative customer products and use cases the A121 enables."

The EVK for A121 consists of an evaluation board, XE121, and a connector board XC120 which makes it possible to connect the EVK to a computer using USB C. The XE121 includes the A121 sensor and is compatible with Raspberry Pi as well as STM32 Nucleo from ST Microelectronics. In addition, a compatible lens kit, LH120, is available. In the coming months a satellite board called XS121 will be launched to let customers evaluate multi-sensor use cases with the XE121.

Head of Product Management, Mikael Rosenhed, comments: "Many of our customers use microcontroller units (MCUs) from ST Microelectronics in their products, and by making our EVK compatible with the Nucleo system from ST we make evaluation and development very easy for all of them. For customers using other MCU suppliers, the Raspberry Pi option still exists and will work just as well as before."

The new product will complement the A111 radar sensor and will have even lower power-consumption, increased performance and improved data quality. This will be of use in advanced power-critical use cases such as gesture-control using micro-motions and battery-driven IoT applications. The A121 will also have support for flexible power supply, with an IO interface of 1.8-3.3 V and will be qualified for AECQ-100 grade 2 to ensure operation over a wider temperature range. Being part of the A1 family, A121 is pin compatible with A111.

Acconeer launched the A111 pulsed coherent radar sensor during the spring 2018, and the A1 product family will now be complemented with the high-performance sensor A121. The next generation product family, A2, which is co-developed with Alps Alpine, will be launched in 2024 as previously announced.

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

 

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 June 30, 2022, 13:30.

The following documents can be retrieved from beQuoted
Acconeer-launces-EVK-for-A121.pdf

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 companys Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-launces-EVK-for-A121.pdf

Acconeer-launces-EVK-for-A121.pdf
2022-06-30

Acconeer has delivered more than one million radar sensors

By

As of today, Acconeer has shipped more than one million A111 pulsed coherent radar sensors in total since the company started selling Evaluation Kits (EVKs) in February 2018.

Lars Lindell, CEO Acconeer, comments: "Today we ship our millionth radar sensor since we started selling it online, which is a great milestone to celebrate. This proves that we can deliver on our commitment and that we now have a good customer base buying our sensor in high volumes. Now we are looking to increase the rate we sell at even further to soon pass two million sensors."

In February 2020, 24 months after sales start, Acconeer reached 100 000 sensors sold. Seven months later that number was doubled, and the company passed 200 000 sold sensors. To go from 200 000 to half a million took less than a year, and now ten months later the number has doubled again and the mark of one million sold sensors is passed. Since 2021, Acconeer reports accumulated sales in financial reports, by the end of Q1 2022 the company had sold in total 860 000 radar sensors.

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-has-delivered-more-than-one-million-radar-sensors.pdf

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 companys Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-has-delivered-more-than-one-million-radar-sensors.pdf

Acconeer-has-delivered-more-than-one-million-radar-sensors.pdf
2022-06-29