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Acconeer has shipped more than 200 000 A1 radar sensors

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As of today, Acconeer has shipped more than 200 000 A1 radar sensors in total since the company started selling Evaluation Kits (EVKs) in February 2018.

Lars Lindell, CEO Acconeer, comments: "In February 2020 we reached the milestone of having shipped our first 100 000 sensors, 24 months after the sales start. Since then, shipments of sensors are accelerating and less than seven months later we have now passed 200 000 shipped sensors in total. This confirms that the company is on track to increase sales volumes, and we now look forward to passing the next milestone of having sold half a million sensors."

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 September 10, 2020, 14.30.

The following documents can be retrieved from beQuoted
Acconeer-has-shipped-more-than-200k-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

Acconeer signs Purchase agreement with Future Electronics

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Acconeer has signed a global Purchase agreement with Future Electronic. The agreement enables Future Electronics to purchase and resell Acconeer's A1 radar sensor, as well as related modules and evaluation kits.

Lars Lindell, CEO of Acconeer, comments: "We are very happy to add Future Electronics to our global network and look forward to seeing what opportunities the collaboration can lead to."

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 September 2, 2020 08.00.

The following documents can be retrieved from beQuoted
Acconeer-signs-purchase-agreement-with-Future-Electronics-20.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

Björn Bengtsson appointed new CFO at Acconeer from September 1st

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Björn Bengtsson is hired as the new CFO of Acconeer AB. Björn has more than 20 years' experience of auditing and accounting at PwC and more recently as the owner of accounting firm FinansBalans. FinansBalans has been providing accounting services to Acconeer since 2018.

Lars Lindell, CEO Acconeer, comments: "We are happy to welcome Björn as our new CFO. Björn has been working with Acconeer through FinansBalans for a few years and is already well acquainted with our business. Thanks to this and his extensive experience from the finance business, we look forward with confidence to seeing him take on the role as CFO."

Björn Bengtsson will take on the role as CFO of Acconeer from first of September 2020, replacing Henrik Ljung who has held the position since 2016. Henrik has chosen to leave Acconeer to take on other assignments.

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

The following documents can be retrieved from beQuoted
Acconeer-appoints-new-CFO-20200827.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

Acconeer receives order from Chinese BEYD worth 164 000 USD

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The order relates mainly to Acconeer's A1 radar sensor and will be used to serve customers in China. The order is Acconeer's largest so far.

Lars Lindell, CEO Acconeer, comments: "This order indicates that our Chinese customers are starting to come back to business after a decline related to the Covid-19 pandemic. We are very happy to see that our successful collaboration with BEYD continues to contribute to our sales."

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 August 25, 2020 13.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-BEYD-20200825.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

Acconeer receives order from Digi-Key worth USD 52 000

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The order relates to Acconeer's coming XM132 Entry Module and the related evaluation kit (EVK) XE132. The Entry Module, XM132, will be power and cost-efficient with optimized performance for a range of pre-defined use cases requiring low processing power and a small memory. As previously announced, the XM132 will be released during the second half of 2020.

Lars Lindell, CEO Acconeer, comments: "Since we launched the A1 sensor, many of our customers have requested a module equipped with and ARM Cortex M0 processor, which is the cheapest segment of ARM's processor range. Just like our already existing modules, the XM112 High-Performance Module and XM122 IoT Module, the XM132 is based on the A1 radar sensor and intended to make it easy for customers to evaluate and implement radar-based use cases."

With an integration-ready design where the A1 radar sensor is combined with an ARM Cortex M0 microcontroller unit (MCU), the XM132 Entry Module enables radar-based use cases with ultra-low power consumption at an outstanding system cost. To optimize performance, the module will be provided with software tailored for specific use cases. This way, performance requirements can be met at a more efficient cost for customers implementing these selected use cases.

For additional information, please contact:
Lars Lindell, 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 August 20, 2020 08.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-DigiKey 200820.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

Customer story – Yukai wants to see a robot in every household by 2025

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Japanese company Yukai Engineering uses Acconeer's A1 radar sensor in its communication robot BOCCO emo. The BOCCO emo has a very simple interface making it easy to use by anyone, including young children or the elderly who do not need or cannot use a smartphone. Acconeer's A1 radar sensor is used for smart presence detection.

Lars Lindell, CEO Acconeer, comments: "We are happy to see another product launch, our second one in the fast-growing robotics market."

Yukai Engineering specializes in the development of robots that bring joy to life, and operates based on the motto, "Robotics for Fun Living." Yukai Engineering focuses on the consumer market for personal robots which can enhance the quality of the daily life of users. The company's goal is to see a robot in every household by 2025, not just in Japan, but globally. Learn more about how they put Acconeer's A1 radar sensor to use in our latest customer story.

For additional information, please contact:

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

The following documents can be retrieved from beQuoted
Customer story yukai 200727.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

INTERIM REPORT Q2 2020

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SECOND QUARTER 1 APRIL – 30 JUNE 2020

  • Net sales for the second quarter amounted to kSEK 1,619 (1,436).
  • The Gross margin was 59 (6)%.
  • Result after taxes amounted to kSEK -16,836 (-17,607).
  • Earnings per share before and after dilution was SEK -0.79 (-0.92)
  • The cash flow from operating activities was kSEK -13,920 (-15,467).

SIX MONTHS PERIOD

  • Net sales for the six months period amounted to kSEK 3,769 (1,986).
  • The Gross margin was 59 (15)%.
  • Result after taxes amounted to kSEK -34,536 (-33,598).
  • Earnings per share before and after dilution was SEK -1.70 (-1.76).
  • The cash flow from operating activities was kSEK -28,729 (-28,584).
  • Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 109,172 (110,460).

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeer received two orders from Digi-Key worth USD 29,000 and 30,000.
  • Acconeer AB held its Annual General Meeting on 14 April 2019. Thomas Rex was elected as new Chairman of the Board.
  • Acconeer and Alps Alpine signed an MoU agreement on a joint development agreement regarding the next generation of sensor technology.
  • Acconeer completed a directed new share issue of 4,062,000 new shares, raising proceeds of approximately SEK 65 million.
  • Distributor agreement with Restar was extended to include the Americas.
  • An order from Taiwanese Chip Power worth USD 28,400 was received.
  • AEC – Q100 grade 3 qualification of the A1 radar sensor for the automotive industry was completed
  • Acconeer received ISO certification for quality and environmental management system
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2020.

"The big news in the second quarter is our agreements with Alps Alpine, which will contribute SEK 100 million to the development of the next generation radar system.", 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/en/financial-reports/

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 July 24, 2020 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer-Q2-2020 eng.pdf
Acconeer interim report Q2 2020.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

Customer story – Acconeer’s A1 radar sensor in Packwise SmartCap

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Acconeer provides German start-up Packwise with radar sensor for their development of radar-based level measurement of IBC tanks. The interaction of two innovative solutions opens up new sustainable possibilities in container logistics, and the Dresden-based start-up Packwise and Acconeer are now working together. The A1 radar sensor is being used for the first time to measure fill level in a product targeting IBC tanks.

Intermediate Bulk Containers (IBC) are mainly used in the chemical, pharmaceutical and food industries. According to estimates there are 43 million plastic IBCs in circulation within the EU. In addition, there are almost three million steel IBCs. Series production of the Packwise Smart Cap will start this summer. The cap can be easily attached to the various models of IBC or steel drums. Because customers will have a better overview of stock levels, reordering can be automated and the logistics and preparation of containers can be improved. This enables increased and more efficient re-use of existing containers, which reduces the need to produce new containers.

"This is an innovative and absolutely forward-looking approach that Packwise is pursuing with the Smart Cap," says Lars Lindell, CEO of Acconeer. "This development supports the idea of a green, circular economy. We are delighted to be part of it now with our radar sensor technology." The two companies will continue to work closely together in the future.

Read the full customer story to learn more about Packwise's innovative solution and their use of Acconeer's A1 radar sensor.

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

The following documents can be retrieved from beQuoted
Customer story-Packwise 200623.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

About Packwise
Packwise is a B2B start-up from Dresden. The company offers an innovative industry solution for asset tracking and smart container management for liquid goods. Its clients are companies in the chemical and food industries.

The new plug & play Internet of Things (IoT) device Packwise Smart Cap creates new in-sights. The digital twin of Intermediate Bulk Container (IBC) records sensor data on location, level and movement with high precision in real time. The software solution visualises and automates processes for various applications in the supply chain of companies. It warns in case of deviations from parameters and provides recommendations for action.

Acconeer receives order from Digi-Key worth USD 33 000

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The order relates to Acconeer's A111 radar sensor and the XR112 reference board. 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: "Digi-Key is one of our most important global sales channels, and we are happy to receive this order of sensor intended for customers' mass production."

For additional information, please contact:
Lars Lindell, 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 June 21, 2020 22.30.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-DigiKey 200621.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

Acconeer receives ISO certification for quality and environmental management system

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Acconeer has successfully achieved the certification of the Quality and Environmental Management Systems under the ISO Standards 9001:2015 and 14001:2015 for development and sales of semiconductors, modules and software.

Lars Lindell, CEO of Acconeer, comments: "We are very proud of this success, and it opens up for new business as it is a strong requirement from many large companies in our customer base globally. The certification proves the competence, efficiency and good practices of Acconeer and its staff members, confirming that our efforts and commitment to provide products with reliable quality and sustainable environmental impact are paying off."

ISO 9001:2015 and ISO 14001:2015 are globally recognized quality and environment management standards developed and published by the International Organization for Standardization (ISO). The standards provide a model for companies of all types and sizes to use in building effective quality and environment management systems.

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

The following documents can be retrieved from beQuoted
Acconeer receives ISO certification 200618.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