Other Corporate Information
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Ripple 2.0 open-radar API standard now available
Ripple™, hosted by the Consumer Technology Association (CTA)®, is an open-radar API standard to enable hardware and software interoperability while accelerating the growth of applications for general purpose consumer radar. Acconeer has been part of the group defining the API, and will be fully compliant with Ripple 2.0 which, unlike previous versions, supports pulsed radar.…
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Comment regarding trade among members of Acconeer AB’s management team
Due to questions from shareholders regarding members of the management team’s sale of warrants and shares in Acconeer AB, the company clarifies that all persons in the management team continue to retain or intend to increase their holding of shares in the company in connection with the warrant program with the last subscription date of…
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Acconeer welcomes the adoption of new rules for the 60 GHz band in the US
Last week the Federal Communications Commission (FCC) adopted new, more flexible rules for the 60 GHz spectrum band to support state-of-the-art radar technology. For Acconeer this means that once the new rules are effective, our customers can more easily sell their products on the US market. CEO Lars Lindell comments: “This expected decision is a very…
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Acconeer AB has signed a loan facility agreement of up to SEK 60 million
Acconeer AB (“Acconeer”) has today entered into an agreement with Buntel AB and Exelity AB through which Buntel AB and Exelity AB provide Acconeer with a loan facility of up to SEK 60 million. The loan facility is intended to be used to enable Acconeer to achieve operational milestones. From and including October 1, 2023…
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Acconeer receives order from SweIoT worth USD 104,000
The order relates to Acconeer’s XM122 IoT Module, for use in inventory tracking modules. SweIoT is a Swedish expert company within IoT and sensors providing both products and services to customers. CEO Lars Lindell comments: “We have worked with SweIoT as a partner for several years and this volume order is a confirmation that Acconeer’s…
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Important step towards new 60 GHz regulation in the US
Acconeer welcomes the FCC Fact Sheet “Allowing Expanded Flexibility and Opportunities for Unlicensed Operations in the 60 GHz Band” published by the Federal Communications Commission (FCC) yesterday. The fact sheet is in line with the proposal submitted by Acconeer and other companies last year. “The proposal covers everything we need to expand our business in…
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Acconeer receives automotive design win with a forecasted value of USD 800k
Acconeer has received a design win for access control, which allows touchless opening of the trunk of a car using the A121 pulsed coherent radar sensor, with one of the world’s leading multinational automotive manufacturing corporations. The forecasted value of the design win is estimated to USD 800k in the period 2024-2030. By “design win”…
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Acconeer signs distribution agreement with Korean TecAhead
Acconeer and South Korean TecAhead signs a distribution agreement for pulsed coherent radar sensors and modules serving the Korean market. The two companies already have a sales agreement in place, and with the new distribution agreement in place TecAhead will help strengthen Acconeer’s position on the Korean market. Magnus Gerward, head of Business Development comments:…
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Acconeer signs manufacturing agreement with leading semiconductor supplier
Acconeer has agreed with their semiconductor manufacturer to become a direct customer. As of today, all details are agreed upon and a contract has been signed by the two companies. The supplier is one of the world’s leading semiconductor contract manufacturing companies, where Acconeer produces their semiconductor wafers. CEO Lars Lindell comments: “This contract with…
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Acconeer launches first A121-based radar module – XM125 Entry+ Module
The previously announced XM125 Entry+ Module with ultra-low power consumption, outstanding system cost and solderable design has today been shipped to distributors and will be available for customers to buy in the next few days. It is the first module from Acconeer featuring the A121 Pulsed Coherent Radar sensor. An evaluation kit (EVK), XE125, making…
