Other Corporate Information Archives

Sales start for new car model using Acconeer’s radar sensor for access control

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The Acconeer A121 is used in an all-electric premium SUV from one of the world's leading multinational automotive corporations, which now is being sold to consumers on the American market. As previously communicated when the design win was announced, Acconeer’s radar is used for access control to allow for handsfree opening of the trunk of the car. In total, Acconeer has now seen 11 launches and 26 design wins in the automotive industry.

CEO Ted Hansson comments: “We are very pleased to see another car launched using our sensor, and the first one with this top player in the industry with which we have several design wins.”

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.

Sales start for new car model using Acconeer’s radar sensor for access control

2024-12-19

Acconeer signs distribution agreement with Sekorm Limited for the Chinese market

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The agreement concerns Acconeer's radar sensors along with related modules and evaluation kits (EVK). Sekorm is a technical distributor with a strong focus on demand creation and serving the electronics industry. The company has a professional staff with close to 160 engineers at 17 offices in China, with headquarters in Shenzhen.

Founded in 1993, Sekorm today has more than 10,000 customers and works with more than 700 manufacturers in focus markets such as automotive, consumer electronics, industrial and IoT. In 2016 the company launched the Sekorm R&D Service Platform which now has more than one million users.

Calvin Xiao, CEO Sekorm, comments: “Acconeer’s radar sensors are a great match for many of our existing key customers as well as development markets. We look forward to our collaboration and believe we have great chances of creating volume business together.”

Ted Hansson, CEO Acconeer, comments: “We are excited to add Sekorm as a distributor in China, as they have a strong list of key accounts in focus markets that are a great match for Acconeer’s products. Combined with our increased sales effort in the region we are confident that this will help grow our business on the large Chinese market.”

The distribution agreement is effective immediately and the two companies expect their collaboration to be fully up and running early 2025.

About Sekorm Limited
Sekorm stands out for their expertise in demand creation throughout China, strong technical sales capability and securing sales for new technologies. As a distributor serving over 10,000 customers and has received numerous awards from customers and suppliers which recognize its leading demand creation capabilities, extensive R&D services, network of field application engineers. Sekorm’s innovative online platform provides engineers throughout China with online technical support, product manuals articles, selection guides, e-shop and other services, also makes it possible for all of suppliers to reach users infinitely. For more information, visit Sekorm's website at www.sekorm.com.

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

Acconeer signs distribution agreement with Sekorm Limited for the Chinese market

2024-12-18

Acconeer’s directed issue of warrants fully subscribed by CEO Ted Hansson

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The warrant-based incentive programme was decided by the extraordinary general meeting held on 2024-10-31 and entails issuing of no more than 350 000 subscription warrants to the CEO. The market value of the warrants at the time of subscription was determined by Optionspartner AB at 1,43 SEK per warrant, using the Black & Scholes valuation model.

CEO Ted Hansson chose to subscribe to all 350,000 warrants and comments: "I have strong faith in our technology and a growing market for radar sensors. I look forward with confidence to being a part of Acconeer's growth journey.”

For more information about the warrant programme, see the bulletin from the general meeting.

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.

Acconeer’s directed issue of warrants fully subscribed by CEO Ted Hansson

2024-11-05

Acconeer signs distribution agreement with Japanese Sundenshi Co

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The agreement concerns Acconeer's radar sensors along with related modules and evaluation kits (EVK) for the Japanese market. Sundenshi Co provides component supply services to organizations that provide R&D services and produce Electronic Systems in Japan.

With focus on the industrial sector, Sundenshi Co provides valuable distribution networks and opportunities as Japan remains one of Acconeer’s most important markets.

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.

Acconeer signs distribution agreement with Japanese Sundenshi Co

2024-09-02

Acconeer announces 5 automotive design wins to an estimated value of more than USD 4 million

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Acconeer’s A121 Pulsed Coherent Radar sensor has been designed into five additional car models from a leading Japanese automotive manufacturer, following the one announced in January this year. The design wins are for the use case access control, which allows touchless opening of the trunk of a car. The total forecasted value of the design wins is USD 4 million over a seven-year period starting in 2025. By "design win" Acconeer refers to that the company's radar sensor has been selected for use in a customer product, but it is not equivalent to that an order has been placed.

CEO Lars Lindell comments: “We are happy to see yet another design win with this manufacturer, and we take it as a confirmation that they are happy with our product. This design win together with other recently announed ones are indications that our solution is becoming a standard product with several OEMs, which puts us in a great position for even more design wins in the future.”

In total, Acconeer has now seen 6 launched car models and 26 design wins in the automotive industry. The total forecasted value of all announced design wins is USD 74 million in the period 2024-2032. A design win is counted when a formal nomination is received, or when forecasted sales can be done with high reliability.

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.

Acconeer announces 5 automotive design wins to an estimated value of more than USD 4 million

2024-06-03

Acconeer and Sandvik receive research grant of SEK 3.5 million for material classification

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Sweden's innovation agency Vinnova has decided to award Acconeer and Sandvik a grant totaling SEK 3.5 million, of which Acconeer's share is SEK 2.5 million, for research into automated material classification with radar. The project will begin in Q3 2024 and is planned to be completed in the second half of 2026.

In this project Sandvik and Acconeer will combine their strengths to develop a material classification system for rock crushing conveyor belt applications. The system will provide information on different types of materials and particle size distributions and identify deviations towards the requirements on the produced material.

CEO Lars Lindell comments: "Material classification is something we have been looking into for many years, and with this grant we get the opportunity to take our research one step further. The fact that we also get the chance to do it together with a large global player like Sandvik gives us the possibility to test our application in an advanced industrial environment."

From Vinnova's justification: "A well-written application with actors at the forefront. The automated material classification described is considered to have high potential with several different areas of application in addition to the rock crusher that is in focus. The project plan is assessed as realistic with a good division between the actors."

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.

Acconeer and Sandvik receive research grant of SEK 3.5 million for material classification

2024-05-23

New car model using Acconeer radar sensor launched with an estimated value of USD 800 000

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Acconeer's A1 pulsed coherent radar sensor is used in a premium-brand car model from a Japanese high-volume car maker for the use case access control, which allows touchless opening of the trunk of a car. Acconeer estimates the total value of this model to USD 800 000 over seven years. The car model is released on the US market and sales to this customer are reflected in sales to Acconeer's distributors.

CEO Lars Lindell comments: “We are excited to see yet another car launch using our solution for access control, on a platform where we have seen several models already from different manufacturers. As we have stated before, we believe radar will replace capacitive sensors for access control and we are confident that Acconeer is way ahead of competitors for this use case.”

The automotive industry is an important business segment for Acconeer. Acconeer’s radar is the pioneer to replace existing capacitive solutions for access control and the company expects radars to completely replace existing solutions. Based on this, Acconeer expects their sales to the automotive industry to grow significantly over the coming years.

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.

New car model using Acconeer radar sensor launched with an estimated value of USD 800 000

2024-04-29

New car model using Acconeer radar sensor launched with an estimated value of USD 1,4 million

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Acconeer's A1 pulsed coherent radar sensor is used in a car model from a Japanese high-volume car maker for the use case access control, which allows touchless opening of the trunk of a car. Acconeer estimates the total value of this model to USD 1,4 million over seven years. The car model is released on the US market by a Japanese company among the global top ten car manufacturers. Sales to this customer are reflected in sales to Acconeer's distributors.

CEO Lars Lindell comments: “We are happy to see yet another car with our sensor rolling out on the streets, and this time with a new manufacturer. It is a confirmation that our technology is superior to other existing solutions, and we expect many more design wins and launches for this use case going forward.”

The automotive industry is an important business segment for Acconeer. Acconeer’s radar is the pioneer to replace existing capacitive solutions for access control and the company expects radars to completely replace existing solutions. Based on this, Acconeer expects their sales to the automotive industry to grow significantly over the coming years.

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.

New car model using Acconeer radar sensor launched with an estimated value of USD 1,4 million

2024-04-25

Acconeer joins STMicroelectronics Partner Program to accelerate customer time-to-market

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Acconeer AB, world leader in ultra-low power radars, announces that it has joined the STMicroelectronics Partner Program to make its Pulsed Coherent Radar sensors accessible to ST’s customers. Their participation enables customers of both companies to benefit from state-of-the-art, high-quality components for innovative and extremely reliable radar-based applications.

To shorten development time and effort, Acconeer offers their customers evaluation kits and radar modules ready for integration in mass volume products. By combining ST’s microcontrollers with Acconeer’s 60 GHz radar sensors we can provide high performance, low power modules perfect for battery powered IoT devices.

"By becoming part of the ST Partner Program, we are in an even better position to deliver cutting-edge solutions to our joint customers. We have used ST MCUs for several of our radar modules, and this strategic collaboration will enable even better support to our joint customers,” says Lars Lindell, CEO, Acconeer.

“Acconeer’s knowledge of the ST portfolio and key expertise can help customers meet design challenges and shorten development time,” said Alessandro Maloberti, Partner Ecosystem Director, STMicroelectronics. “ST’s review and vetting of ST Authorized Partners has enabled us to build a strong ecosystem of qualified and skilled partners who can enhance customers’ developments with advanced technologies and multiple services to accelerate the design of their projects and solutions.”

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications created the ST Partner Program to speed customer development efforts by identifying and highlighting to them companies with complementary products and services. Moreover, the program’s certification process assures that all partners are periodically vetted for quality and competence. For more information, please visit www.st.com/partners.

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.

Acconeer joins STMicroelectronics Partner Program to accelerate customer time-to-market

2024-04-22

Acconeer announces automotive design win with an estimated value of USD 30 million, for the first time including next generation radar sensor – A2

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For the first time, Acconeer’s upcoming next generation A2 Pulsed Coherent Radar sensor has been selected for in-cabin monitoring in a car. In addition, Acconeer’s A1 radar sensor has been selected for the use case access control – which allows touchless opening of the trunk of a car – in the same car model, by a European premium car manufacturer. The total estimated value of the design win is around USD 30 million over a seven-year period starting in 2026. By "design win" Acconeer refers to that the company's radar sensor has been selected for use in a customer product, but it is not equivalent to that an order has been placed.

For in-cabin monitoring three interior detection use cases are implemented; child presence detection, seatbelt reminder and theft alarm.

CEO Lars Lindell comments: “To have our coming A2 sensor selected for use in cars already, based on the good performance of our prototype, is a huge milestone for us as a company as well as it being the largest design win in the company’s history. In addition, we have previously won several design wins with the same manufacturer, and to get this design win on a new car platform is a strong proof of that they are happy with the performance of our products and with our collaboration.”

In total, Acconeer has now seen four launched car models and 15 design wins with five different manufacturers in the automotive industry. The total forecasted value of all announced design wins is USD 70 million in the period 2024-2032. A design win is counted when a formal nomination is received, or when forecasted sales can be done with high reliability.

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.

Acconeer announces automotive design win with an estimated value of USD 30 million, for the first time including next generation radar sensor – A2

2024-04-16

Sales start for new car model using Acconeer’s radar sensor for access control

Acconeer signs distribution agreement with Sekorm Limited for the Chinese market

Acconeer’s directed issue of warrants fully subscribed by CEO Ted Hansson

Acconeer signs distribution agreement with Japanese Sundenshi Co

Acconeer announces 5 automotive design wins to an estimated value of more than USD 4 million

Acconeer and Sandvik receive research grant of SEK 3.5 million for material classification

New car model using Acconeer radar sensor launched with an estimated value of USD 800 000

New car model using Acconeer radar sensor launched with an estimated value of USD 1,4 million

Acconeer joins STMicroelectronics Partner Program to accelerate customer time-to-market

Acconeer announces automotive design win with an estimated value of USD 30 million, for the first time including next generation radar sensor – A2

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