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Acconeer has shipped more than 100 000 A1 radar sensors

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

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

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

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

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

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

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

About Acconeer AB

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

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

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

Acconeer receives an order from CODICO worth USD 62 700

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The order relates to Acconeer's A111 radar sensor for a European customer. CODICO GmbH is a leading European distributor, headquartered in Vienna, Austria.

Lars Lindell, CEO Acconeer, comments: "This order is the first high-volume order from CODICO, and it proves the progress we've had in Europe since we signed the distributor agreement with them last year."

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

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 26, 2020 10.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-CODICO 200226.pdf

About Acconeer AB

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

Attachments
Acconeer-receives-order-from-CODICO 200226.pdf

Acconeer-receives-order-from-CODICO 200226.pdf
2020-02-26

Acconeer receives an order from Digi-Key worth USD 15 100

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The order relates to Acconeer's XM122 IoT Module, a low power connected radar module with an optimized circular form factor. Digi-Key's global online platform, serving both global players as well as smaller local niche producers, remains an important distribution channel for Acconeer.

Lars Lindell, CEO Acconeer, comments: "This order confirms the continued high demand we see for our XM122 IoT Module, which is optimized for connected use cases with tough requirements on size, memory and power consumption."

For additional information, please contact:

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

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 25, 2020 10.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-DigiKey 200225.pdf

About Acconeer AB

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

Attachments
Acconeer-receives-order-from-DigiKey 200225.pdf

Acconeer-receives-order-from-DigiKey 200225.pdf
2020-02-25

YEAR-END REPORT 1 JANUARY – 31 DECEMBER 2019

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FOURTH QUARTER 1 OCTOBER – 31 DECEMBER 2019

· Net sales for the fourth quarter amounted to kSEK 1,829 (442).

· Result after taxes amounted to kSEK -19,465 (-15,112).

· Earnings per share was SEK -1,01 (-0.79).

· The cash flow from operating activities after changes in working capital was kSEK -15,641 (-16,560).

FULL YEAR 1 JANUARY – 31 DECEMBER 2019

· Net sales for the full year amounted to kSEK 5,508 (953).

· Result after taxes amounted to kSEK -68,569 (-39,079).

· Earnings per share was SEK -3,58 (-2,05).

· The cash flow from operating activities after changes in working capital was kSEK -60,701 (-45,935).

· Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 77,954 (136,214).

· Gross margin amounted to 61 %.

SIGNIFICANT EVENTS DURING THE QUARTER

· Acconeer published two new focus use cases within presence detection.

· Acconeer received orders from BEYD worth USD 139,888.

· Orders from Digi-Key worth USD 47,748 were received.

· Acconeer received an order from Japanese Restar Electronics Corporation worth USD 108,570.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

· Acconeer received an order from Glyn Limited worth USD 12,800.

· Thomas Rex proposed as new Chairman of Acconeer AB

"We have identified several customer projects with the potential of generating large increases in revenue so we intend to at least double the capacity to support and run customer projects in 2020.", says Lars Lindell, CEO Acconeer.

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

For additional information, please contact:

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

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 20 2020 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer-Q4-2020-02-20-Eng.pdf
Year-end-report-January-December-2019.pdf

About Acconeer AB

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

Attachments
Acconeer-Q4-2020-02-20-Eng.pdf
Year-end-report-January-December-2019.pdf

Acconeer-Q4-2020-02-20-Eng.pdf
Year-end-report-January-December-2019.pdf
2020-02-20

Thomas Rex proposed as new Chairman of Acconeer AB

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BGA Invest AB, org.no 556653-5182, and Winplantan AB, org.no 556936-5082 – who together hold approximately 26 per cent of the shares and votes in Acconer AB – have today announced to the company that they will propose Thomas Rex as new Chairman of the board at Acconeer's annual general meeting April 14, 2020. Current Chairman Bengt Adolfsson announced at the same time that he declines re-election as Chairman, but is available for re-election as a member of the Board.

– As a major owner and exiting Chairman, I am very positive about being able to propose Thomas Rex as the new Chairman of the Board. With his broad experience of technical and business-oriented roles in several companies in the semiconductor business, combined with good insight in the company's operations, he can contribute to an even stronger development of Acconeer AB, says Bengt Adolfsson, exiting Chairman and shareholder through BGA Invest AB.

Thomas Rex has been a member of the Board of Acconeer AB since 2014, and he has a solid background in the technology industry in Sweden as well as internationally. Today he is the Senior Vice President of Special Projects at Fingerprint Cards AB and is a part of Fingerprint Cards' executive management since 2011. In the past, Thomas has worked for Ericsson AB for 20 years, during which he was based in Tokyo, Japan for seven years as Vice President of Sales, Asia for Ericsson Mobile Platforms. Other experiences include roles as Head of Sales at Nanoradio and Board member of Kisel AB until 2014.

For additional information, please contact:
Lars Lindell, Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
Thomas Rex, proposed Chairman of the Board, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
Bengt Adolfsson, exiting Chairman of the Board, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 17, 2020 08.00.

The following documents can be retrieved from beQuoted
Thomas-Rex-proposed-as-new-chairman-of-Acconeer-AB 200217.pdf

About Acconeer AB

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

Attachments
Thomas-Rex-proposed-as-new-chairman-of-Acconeer-AB 200217.pdf

Thomas-Rex-proposed-as-new-chairman-of-Acconeer-AB 200217.pdf
2020-02-17

Acconeer receives an order from Glyn Limited worth USD 12 800

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The order relates to Acconeer's radar sensor A111. Based in New Zealand, Glyn Ltd is established as a leading distributor in New Zealand and Australia.

Lars Lindell, CEO Acconeer, comments: "Since we signed a distribution agreement with Glyn Limited last summer, we have seen an uptake in customer activities in the region. Today's order is a confirmation of the progress with customers in Australia and New Zealand."

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

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 12 2020 12.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Glyn 200212.pdf

About Acconeer AB

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

Attachments
Acconeer-receives-order-from-Glyn 200212.pdf

Acconeer-receives-order-from-Glyn 200212.pdf
2020-02-12

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

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

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

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

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

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

About Acconeer AB

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

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

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

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

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

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

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

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

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

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

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

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

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

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

About Acconeer AB

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

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

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

Acconeer announces plans for AEC Q-100 Automotive certification

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

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

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

2019-09-10

For additional information, please contact:

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

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

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

About Acconeer AB

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

Attachments
Acconeer Pressrelease 2019-09-10.pdf

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

Acconeer and ALPS ALPINE signs a strategic partnership agreement and announces first customer project

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The radar technology company Acconeer AB and ALPS ALPINE have signed a strategic partnership agreement with the aim of developing products for the automotive industry. ALPS ALPINE is a world-leading manufacturer of electronic components, modules and systems for cars.

Acconeer's unique ultra-low power and high precision radar sensor will be included in several of ALPS ALPINE products. The first product from the collaboration, an access control sensor for cars, has been completed and is already being marketed to automobile manufacturers globally. ALPS ALPINE have now won their first project with a leading international car brand and therefore Acconeer has signed an exclusivity agreement for this particular use-case and car brand. If the project is completed as planned, deliveries are expected to start in early 2022 and run over a minimum of 4 years.

Lars Lindell, CEO of Acconeer, comments: "We have teamed up with ALPS ALPINE for a couple of years and have now reached the point where the next logical step is to formalize our cooperation. We are certain that ALPS ALPINE is the perfect partner to take our radar sensor to the automobile industry globally."

2019-09-04

For additional information, please contact:

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

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on 4th of September 2019 at 10.30.

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2019-09-04.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

Attachments
Acconeer Pressrelease 2019-09-04.pdf

Acconeer Pressrelease 2019-09-04.pdf
2019-09-04