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Acconeer receives order from BEYD worth USD183,000

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The order relates to Acconeer’s A111 and A121 Pulsed Coherent Radar sensors for customers’ mass production. BEYD is Acconeer's Chinese distributor and an important sales channel for the company.

CEO Ted Hansson comments: “China is an important market for us, and we are happy receive another large order intended for volume production of customer products.”

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.

Acconeer receives order from Restar worth USD166,000

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The order relates to Acconeer’s A1 Pulsed Coherent Radar sensor for a customer utilizing it for a level measurement application. Restar Electronics Americas is one of Acconeer’s distributors serving the North America region.

CEO Ted Hansson comments: “We are happy to receive a follow-up order from Restar, confirming the increased interest in our products for the North American market.”

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.

Acconeer receives order from European IoT provider worth USD100,000

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The order relates to Acconeer’s Pulsed Coherent Radar sensors A121 and A111 for mass production. The customer is a leading IoT solutions provider serving its customers highly accurate end-to-end remote tank monitoring solutions.

CEO Lars Lindell comments: “This customer has created a highly accurate, battery powered remote tank level monitoring solution. We are excited to see their volume production ramp up and look forward to following their progress in the large global tank monitoring market.”

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.

Acconeer receives order from BEYD worth USD180,000

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The order relates to Acconeer’s A111 and A121 Pulsed Coherent Radar sensor for customers’ mass production. BEYD is Acconeer's Chinese distributor and remains an important sales channel for the company.

CEO Lars Lindell comments: “We are happy to receive a large order from BEYD showing that the interest and demand for our products in China is still high.”

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.

Acconeer receives largest order yet from NEXTY Electronics worth 1,8 million USD

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The order relates to Acconeer's pulsed coherent radar sensor A1 for mass production and is the largest order Acconeer has received so far. The sensors ordered will be delivered to NEXTY Electronics (“NEXTY”) during 2024. A pre-payment of the full value will be made no later than April 2024. NEXTY is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Lars Lindell comments: “To receive our by far largest order yet and pre-payment covering NEXTY’s needs for the full year 2024 confirms what we previously have stated that the automotive ramp-up starts this year, which is of course something we are very excited about.”

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.

In January 2024 Acconeer announced the intention to carry out a fully guaranteed rights issue and stated that the company is expected to be able to finance its business plan with existing cash until the middle of May 2024. With this payment from NEXTY, this period is extended, and the company now expects to have sufficient cash to operate until the middle of August 2024.

Acconeer receives order from Nexty worth USD 190k

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The order relates to Acconeer's pulsed coherent radar sensor A1 for mass production. NEXTY Electronics is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Lars Lindell comments: "Nexty is our distributor for the car industry and this volume order, following the one announced in October, confirms that the automotive production ramp-up is now happening. We are of course very happy about this and expect to see even higher volumes shipped to the automotive industry going forward.”

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.

Acconeer receives order from Nexty worth USD 150,000

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The order relates to Acconeer's pulsed coherent radar sensor A1 for mass production. NEXTY Electronics is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Lars Lindell comments: "Nexty is our distributor for the car industry and this volume order shows that mass production is now starting for the car models at a European car manufacturer in the premium segment where we previously communicated design wins. We are of course very happy about this and expect that our volumes to the automotive industry will continue to increase in the coming years.”

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.

Acconeer receives order from BEYD worth USD 160,000

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The order relates to Acconeer’s A111 Pulsed Coherent Radar sensor for customers’ mass production, as well as evaluation kits (EVK) for the new A121 PCR sensor. BEYD is Acconeer's Chinese distributor and remains an important sales channel for the company.

CEO Lars Lindell comments: “After a period of lower activity in China due to the Covid-19 outbreak, we now see an uptake in customer interest and progress again.”

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.

Acconeer receives order from Japanese MSK worth USD 138k

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The order relates to Acconeer's A121 radar sensor for mass production of customer products in the industry and agriculture segment. Micro Summit K.K. (MSK) is a leading distributor of Micro-electronics components, electronics modules and electro-mechanical components in Japan.

CEO Lars Lindell comments: "We are very pleased to receive our first high-volume order of the new A121 radar sensor, which confirms that we have customers in the pipe already for A121-based products." 

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 May 08, 2023, 10:30.

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

Acconeer receives order from Digi-Key worth USD 100k

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The order relates to the new A121 Pulsed Coherent Radar sensor for mass production, as well as the first A121-based module, the integration-ready XM125 and its related evaluation kit (EVK) XE125. The products will be available to purchase online from end of March. Digi-Keys global online platform, serving customers with evaluation kits and sensors intended for mass production, remains an important distribution channel for Acconeer.

CEO Lars Lindell comments: "The evaluation kit for A121 has been available since last summer, and we know that many customers have started developing their A121-based products. Now we are about to release the first A121-based module, which we know many customers have been waiting for, and we look forward to seeing what innovative products and use cases it will be used in."

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 February 09, 2023, 10.45.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Digi-Key-230209.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.