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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 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

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 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 receives order from Nexty worth USD 335k

By

The order relates to Acconeer's A111 Pulsed Coherent Radar sensor for mass production. NEXTY Electronics is a leading Japanese distributor with especially strong coverage of companies in the automotive sector.

Lars Lindell, CEO Acconeer, comments: "We have previously said that we believe we will see car launches with our sensor very soon, and another volume order from Nexty strengthens our confidence even further."

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 14, 2022 13:15.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Nexty-220614.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-Nexty-220614.pdf

Acconeer-receives-order-from-Nexty-220614.pdf
2022-06-14

Acconeer receives order from Asteelflash worth USD 280k

By

The order relates to Acconeer's XM132 Entry Module for customer mass production. Asteelflash is a European specialist EMS company.

Lars Lindell, CEO Acconeer, comments: "Our integration-ready XM132 Entry Module continues to be popular, and since its launch in 2020 the demand has been very high. We are happy to see another large order from Asteelflash, who is serving selected European customers."

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 June 10, 2022 15:45.

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

Acconeer-receives-order-from-Asteelflash.pdf
2022-06-10

Acconeer receives order from Digi-Key worth USD 400k

By

The order relates to the recently announced integration-ready modules XM123 and XM124 and related Evaluation Kit (EVK), as well as the EVK for the upcoming A121 pulsed coherent radar sensor. Digi-Keys global online platform, serving customers with evaluation kits and sensors intended for mass production, remains an important distribution channel for Acconeer.

The products will be available to purchase through Digi-Key's online store this summer.

"We look forward to seeing what innovative use cases our customers will implement with the new high-performance sensor A121 and its advanced capabilities. XM123 and XM124 are great additions to our Entry module portfolio which will strengthen our ability to supply to our customers in an environment with constrained component supply," says Mikael Rosenhed, Head of Product Management, Acconeer.

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 June 10, 2022 09:00.

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

Acconeer-receives-order-from-Digi-Key.pdf
2022-06-10

Acconeer announces new module variants designed to solve component shortage for modules

By

The modules are variants of the company's popular Entry Modules for which there has been a shortage of ARM Cortex M0 microcontroller units (MCUs). The new modules, called XM124 and XM123, will feature the A111 pulsed coherent radar sensor together with a more powerful ARM Cortex M4 MCU while still being sold at an attractive entry-line price point.

CEO Lars Lindell comments: "By extending our module portfolio using an M4 microcontroller and a high-volume commitment from our selected MCU supplier, we have now managed to secure supply of enough MCUs for our modules to solve the issue with component shortages for the rest of the year. This means that we will be able to produce these new modules, as well as produce and re-stock the popular XM132 Entry Module which has been sold out for a long time."

The new modules will have a solderable design featuring the A111 radar sensor along with an ARM Cortex M4 microcontroller unit (MCU) from ST Microelectronics and their ultra-low-power MCU platform. The form factor for both XM124 and XM123 will be the same, with a footprint of only 15×18,6 mm which will become the new standard for modules featuring the A1 sensor family including both A111 and the upcoming A121.

The XM124 will come with support for the full Acconeer radar system software (RSS), while the XM123 will have a software optimized for the people presence and motion detection use cases.

The ARM Cortex M7-based XM112 High-Performance Module was released in December 2018, allowing customers evaluate their use cases on an embedded system with high performance. In October 2019, the XM122 IoT Module was launched targeting connected battery-powered use cases, combining the A111 radar sensor with an ARM Cortex M4 MCU and integrated connectivity such as Bluetooth. The first module in the Entry family, XM132 was launched in September 2020 and has been very popular thanks to its integration-ready, solderable design. It was followed by the smaller Entry Module XM131 Presence, launched in April 2022 and optimized for the people presence and motion detection use cases.

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

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on May 20, 2022, 15:45.

The following documents can be retrieved from beQuoted
Acconeer-announces-new-modules-to-mitigate-component-shortag.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-announces-new-modules-to-mitigate-component-shortag.pdf

Acconeer-announces-new-modules-to-mitigate-component-shortag.pdf
2022-05-20