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Acconeer signs distribution agreement with Maxense Innovations for the Taiwanese market

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The agreement concerns Acconeer’s radar sensors along with related modules and evaluation kits (EVK) and is effective immediately with the aim to increase the company’s presence on the East Asian market. Maxense Innovations offers distribution and design services to a wide range of industries including consumer electronics, industrial controls and computers.

Maxense Innovations, established in 2016, is one of the leading PCB integrated services providers in the field. Their experienced engineering team supports their customers through the entire PCB design process including design, production management, logistics and distribution.

“Acconeer’s radar products are a great fit for many of the industries we target, and we look forward to bringing it to new and existing customers,” says Ethan Chang, CEO Maxense Innovations.

Ted Hansson, CEO Acconeer, comments: “Taiwan is one of the world’s largest semiconductor markets, and it feels great to strengthen our presence there together with Maxense Innovations. We are confident that their expertise in delivering high-performance and reliable PCB solutions will accelerate our growth in the region.”

Acconeer receives order from Future Electronics worth USD 200 000

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The order relates to Acconeer’s Pulsed Coherent Radar Module XM132 and will mainly be shipped during the fourth quarter 2025. The modules will be used for customer mass production of level measurement devices.

CEO Ted Hansson comments: “Our technology is a great fit for the tank level measurement market and it is great to see a large module order in this product area”.

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 190,000

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The order relates to Acconeer’s A121 Pulsed Coherent Radar-sensor and is the first volume order for the previously announced design wins with a leading Japanese car manufacturer. These design wins apply to the access control use case, which enables touchless opening of the trunk lid. Delivery of the order will be done in 2025.

CEO Ted Hansson comments: “It is very pleasing that mass production of the first models from this leading Japanese automotive manufacturer is starting. We have announced six design wins with this manufacturer and expect more orders in the future. We are now in mass production with three of the world’s five largest automotive manufacturers.”
 
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 Digital Matter worth USD 340 000

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The order relates to Acconeer’s A121 Pulsed Coherent Radar sensor for mass production of Digital Matters tracking device Barra Radar BLE. Shipments will start immediately and be fully delivered over the coming year with majority in 2025. Digital Matter is a South African company providing IoT asset tracking solutions for businesses globally.

“We are convinced that our sensor is a great fit for Digital Matter’s asset tracking solution, and we’re excited to see that they are successful and now ramping up their production,” says Magnus Gerward, Business Development Director at Acconeer.

Ken Everett, founder of Digital Matter comments: “We have worked closely with Acconeer to produce a solution that reliably detects cargo presence even in the harshest environments. The A121 sensor’s low power operation allows our battery-powered devices to run for many 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 Chinese BEYD worth USD 183 000

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The order relates to Acconeer’s A111 and A121 Pulsed Coherent Radar sensors and will be delivered during Q2 and Q3 2025. BEYD is one of Acconeer’s Chinese distributors and an important sales channel for the company.

CEO Ted Hansson comments: “China is an important, fast moving and growing market for us, and we are happy to see this order from our long-term partner BEYD. We have increased our activities in the region and are optimistic about the future.”

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.

Bulletin from the annual general meeting of Acconeer AB on 29 April 2025

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Acconeer AB (the “Company”) held its annual general meeting on 29 April 2025. At the annual general meeting, the following resolutions were made.

The English text is an unofficial translation. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.

Adoption of the income statement and balance sheet
The annual general meeting resolved to adopt the board of directors’ proposal for the income statement and the balance sheet for the fiscal year of 2024.

Disposition of the Company’s profit or loss
The annual general meeting resolved, in accordance with the board of directors’ proposal, that no dividend is paid and that the Company’s funds available for distribution is carried forward.

Discharge from liability
The annual general meeting resolved to grant discharge from liability to all persons who have had the position of board member or CEO in the Company during 2024.

Election on the board of directors and auditor, and determination of fees
The annual general meeting resolved to re-elect Lars-Erik Wernersson, Git Sturesjö Adolfsson, Thomas Rex and Henric Stråth as members of the board, and to elect Jesper Lindström as a new board member. Thomas Rex was re-elected as chairman of the board of directors.

The annual general meeting resolved that the remuneration for the board of directors, for the period until the next annual meeting, shall be paid out with a total of seventeen (17) price base amounts (Sw. prisbasbelopp), of which five (5) price base amounts to the chairman and three (3) price base amounts to each of the other members elected by the annual general meeting who are not employed by the Company.

The annual general meeting resolved to re-elect the registered audit company KPMG AB as the Company’s auditor until the end of the next annual general meeting. KPMG AB has announced that the authorised auditor Jonas Nihlberg will be the principal auditor. The remuneration for the company’s auditor shall be paid according to approved invoice.

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For more detailed information regarding the content of the resolutions, please refer to the press release published on 26 March 2025 and the complete notice of the annual general meeting. The notice of the annual general meeting and complete proposals regarding the resolutions of the annual general meeting are available on the Company’s website, www.acconeer.com.

Acconeer receives order in level measurement worth USD 110 000

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The order comes from CODICO and relates to Acconeer’s radar module XM132 for mass production of remote tank level measurement customer products. CODICO GmbH is a leading European distributor, headquartered in Vienna, Austria.

Ted Hansson, CEO, comments: “We are happy to see another volume order for the fast growing level measurement market, where we know we have a strong offering with our high accuracy and low power consumption.”

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 within level measurement worth USD 125 000

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The order comes from Micro Summit K.K. and is intended for level sensing in tanks with a major Japanese module maker. The order relates to the A121 pulsed coherent radar sensor for mass production.

CEO Ted Hansson comments: “It is great to see a large order in level measurement, which is one of our focus areas and an important market for us. The fact that we get volume orders in our focus areas shows that our go-to-market strategy is starting to give results.”

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.

Date for publication of interim report for the first quarter postponed to 2025-05-06

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The board of directors of Acconeer AB has decided to postpone the publication of the quarterly report for the first quarter to Tuesday, May 6, 2025.

The reason for the decision is the ongoing rights issue. The report is scheduled to be published on the morning of Tuesday, May 6, 2025.

Acconeer receives order within Cargo Tracking worth USD 160 000

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The order comes from Data JCE Electronics Ltd and relates to Acconeer’s A121 Pulsed Coherent Radar sensor for mass production of cargo tracking solutions. It is Acconeer’s first larger order in the cargo tracking segment. Data JCE Electronics Ltd is one of Acconeer’s distributors in the EMEA region.

Magnus Gerward, Business Development Director at Acconeer comments: “It is great to see a first high volume order for the cargo tracking segment, which we expect will become an increasingly important part of our business over 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.