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Acconeer is awarded design win worth five million SEK for occupant detection in public transport

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The design win comes from Swedish IoT company Sensative and is related to Acconeer’s radar module XM122 planned for delivery during 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.

CEO Ted Hansson comments: “Smart presence detection is a use case where we know our Pulsed Coherent Radar technology is a great fit. This design win is a confirmation of the quality and performance of our sensor.”

Today’s design win is for implementation with a public transport provider in Europe, and follows a previously announced order for the evaluation phase of this project.

Acconeer receives order from Nexty Electronics worth USD 110,000

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The order relates to Acconeer’s A121 Pulsed Coherent Radar sensor for delivery in May 2026 and is intended for mass production of cars. Nexty is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Ted Hansson comments: “I am pleased to announce a third order in a short time for the automotive industry, an important and growing segment.”

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 first volume order for next generation radar sensor

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The order of USD 120 000 comes from Nexty Electronics and relates to Acconeer’s first product in the A2 family, the A212 Pulsed Coherent Radar sensor. The order is intended for mass production in the automotive industry and will be used by a European premium car manufacturer for several in-cabin use cases with planned delivery in Q1 2026.

The A2 is Acconeer’s second generation product family and the world’s first multichannel Pulsed Coherent Radar (PCR) solution. The advanced capabilities will enable Acconeer to address new, high value use cases and markets. Development started in 2021, and in December 2024 the chip design for the production variant was finalized. After months of testing and validation our lead customer has now issued a first volume order.

CEO Ted Hansson comments: “The A2 product family is a large investment for Acconeer, where a lot of hard work has been put in over several years. Receiving the first volume order is a major milestone and with it we are taking the next step towards commercialization and having a broader, more advanced product portfolio.”

This order relates to a previously announced design win for a new platform with a European premium car manufacturer. This is the first volume order for those design wins, and Acconeer is working closely together with the customer to ensure quality of the solution and delivery on time.

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 183 000

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The order relates to Acconeer’s A111 and A121 Pulsed Coherent Radar sensors and will be delivered within April 2026. BEYD is one of Acconeer’s Chinese distributors and an important sales channel for the company.

CEO Ted Hansson comments: “China remains a key and rapidly growing market for our business. We are delighted to receive this order from our long-standing partner, BEYD. Our increased presence and activities in the region reflect our confidence and optimism 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. 

Acconeer receives order from Nexty Electronics worth USD 150,000

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The order relates to Acconeer’s A121 Pulsed Coherent Radar sensor for delivery in April 2026 and is intended for mass production of cars. Nexty is a leading Japanese distributor with a particularly strong position in the automotive industry.

CEO Ted Hansson comments: “As we stated in our Q3 report, we see sales in the automotive segment recovering after a weak period. This order confirms that trend, which I am very happy to see.”

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 for occupant detection in public transport worth USD 100k

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The order comes from JM Elektronik and relates to Acconeer’s XM122 Pulsed Coherent Radar module for an occupant detection application with planned delivery in Q1 2026. JM Elektronik is a leading contract manufacturer based in Poland.

CEO Ted Hansson comments: “Acconeer’s technology with low power consumption and high accuracy is ideal for smart presence applications. We are very happy to be a supplier to this pioneering product and are looking forward to continued collaboration.”

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.

Interim report Q3 2025: EBIT positive result and record revenue

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In the third quarter of 2025, Acconeer achieved one of the company’s communicated financial targets – an EBIT positive result. Sales amounted to a record high of 16,544 kSEK, an increase of 13% compared to the same quarter in 2024. The company sold 285,000 sensors at a gross margin of 57% and noted 13 new customer launches.

CEO Ted Hansson comments: “This quarter marks an important step forward for Acconeer and I am proud that we are showing an EBIT positive result despite the headwind of a falling dollar exchange rate. We made progress in all our product areas and saw particularly strong growth in the level measurement and container monitoring segments.”

THIRD QUARTER

  • Net sales for the third quarter amounted to kSEK 16,544 (14,604).
  • The gross margin on sales of goods was 57 (61) %.
  • Result after taxes amounted to kSEK 448 (-4,316).
  • Earnings per share before and after dilution was SEK 0.01 (-0.07) SEK.
  • The cash flow from operating activities was kSEK 1,022 (-3,896).

JANUARY – SEPTEMBER

  • Net sales for the nine months amounted to kSEK 40,688 (41,040).
  • The gross margin on sales of goods was 59 (60)%.
  • Result after taxes amounted to kSEK -14,481 (-23,487).
  • Earnings per share before and after dilution was SEK -0.21 (-0.47).
  • The cash flow from operating activities was kSEK -13,147 (-22,394).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 55,454 (73,337)

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer received order from Nexty worth USD 190,000.
  • Acconeer received order from Future Electronics worth USD 200,000.
  • Acconeer received USD 230,000 order from Future Electronics.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • No significant events after the end of the period.

The report is attached to this press release and available through Acconeer’s website.

Acconeer receives USD 230,000 order from Future Electronics

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

Magnus Gerward, Business Development Director at Acconeer, commented: “We’re very pleased to secure another volume order. This achievement reflects the strong collaboration and joint efforts between Acconeer and our customer in developing a world-class solution for the rapidly growing tank level 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 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.