Skip to main content

Acconeer receives funding of SEK 4M for project on sleep monitoring with Sleepiz and University of Gothenburg

By

Sweden's Innovation Agency has granted Acconeer 4 million SEK for research on sleep monitoring using radar. The project will run for three years starting in April 2021 and will be a consortium with Sleepiz based in Switzerland and the University of Gothenburg, Sweden.

The aim of the project is to deliver a revolutionary contactless device for diagnosis and monitoring, where Acconeer's next generation pulsed coherent radar sensor will be used to monitor cardio-respiratory patterns. Sleepiz already has a sleep monitoring device on the market and their expertise in the field combined with Acconeer's radar research will result in a new product that will be validated by University of Gothenburg's Sleep Medicine Centre.

"We are delighted to work with Acconeer to co-develop a customized radar chip for improved functionality and features, as well as to do prototype validation with University of Gothenburg's Sleep Medicine Centre" says Soumya Dash, CEO at Sleepiz.

The funding from Sweden's Innovation Agency for this project is granted within the European Union's Horizon 2020 research and innovation program.

For additional information, please contact:

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

Soumya Dash, CEO Sleepiz, E-mail: soumya.dash@sleepiz.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 18, 2021 16.00.

The following documents can be retrieved from beQuoted
Acconeer-granted-funding-for-project-in-sleep-monitoring 210.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

Attachments
Acconeer-granted-funding-for-project-in-sleep-monitoring 210.pdf

Acconeer-granted-funding-for-project-in-sleep-monitoring 210.pdf
2021-02-18

Acconeer receives order from BEYD worth USD 421 000

By

The order relates to Acconeer's A1 radar sensor for production of customer products and is Acconeer's largest order of sensors so far. The Chinese market remains important for Acconeer, where BEYD is continuously bringing in high-volume customers, many of them in the IoT segment.

Lars Lindell, CEO Acconeer, comments: "This large order from BEYD comes as an early Christmas gift, and we are very happy to see that our efforts in China are continuing to pay off. As mentioned before, China has been a strong market for us throughout 2020, and it is where we are the least affected by Covid-19."

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 December 18, 2020 10.00.

The following documents can be retrieved from beQuoted
Accconeer-receives-order-from-BEYD 201218.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

Attachments
Accconeer-receives-order-from-BEYD 201218.pdf

Accconeer-receives-order-from-BEYD 201218.pdf
2020-12-18

Acconeer receives order from Digi-Key worth USD 37 000

By

The order relates to Acconeer's A1 radar sensor, as well as the XM122 IoT Module. Digi-Key's global online platform, serving customers with evaluation kits and sensors intended for mass production, remains an important distribution channel for Acconeer.

Lars Lindell, CEO Acconeer, comments: "We are happy to see another order of sensors intended for customers' mass production. Part of the order also relates to our popular XM122 IoT Module, which can be used for evaluation and design purposes, or integrated directly into commercial products. Digi-Key remains one of our most important sales channels, reaching both global players as well as smaller local niche producers."

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 November 26, 2020 11.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Digi-Key 201126.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

Attachments
Acconeer-receives-order-from-Digi-Key 201126.pdf

Acconeer-receives-order-from-Digi-Key 201126.pdf
2020-11-26

Acconeer signs distribution agreement with Marubun

By

The agreement concerns Acconeer's radar sensors along with related modules and evaluation kits (EVK) for the Japanese market.

Marubun has a long history of providing solutions in the semiconductor business and was

among the first to successfully introduce integrated circuits to the Japanese market. Lars Lindell, CEO Acconeer, comments: "With the addition of Marubun to our distributor network, we strengthen our presence in the Japanese market even further. We look forward to seeing what opportunities the collaboration will 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 November 02, 2020 13.00.

The following documents can be retrieved from beQuoted
Acconeer-signs-distribution-agreement-with-Marubun.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

Attachments
Acconeer-signs-distribution-agreement-with-Marubun.pdf

Acconeer-signs-distribution-agreement-with-Marubun.pdf
2020-11-02

INTERIM REPORT Q3 2020

By

In the third quarter 2020, Acconeer AB's net sales amounted to kSEK 2,780, and five new customer products were launched. The cash flow from operating activities was kSEK -9,338. During the quarter, 345 evaluation kits (EVK) were sold, which is above the company's target of selling on average three EVK per day.

Lars Lindell, CEO Acconeer, comments: "During the third quarter we have worked together with Alps Alpine to define the next generation radar sensor, A2, to be able to convert the MOU established earlier this year into a signed contract during Q4 2020."

THIRD QUARTER 1 JULY- 30 SEPTEMBER 2020

  • Net sales for the third quarter amounted to kSEK 2,780 (1,693).
  • The Gross margin was 52 (109)%.
  • Result after taxes amounted to kSEK -12,325 (-15,476)
  • Earnings per share before and after dilution was SEK -0.53 (-0.79).
  • The cash flow from operating activities was kSEK -9,338 (-12,594).
  • Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 95,611 (93,812).

JANUARY- SEPTEMBER 2020

  • Net sales for the nine months period amounted to kSEK 6,549 (3,679).
  • The Gross margin was 56 (59)%.
  • Result after taxes amounted to kSEK -46,861 (-49,074).
  • Earnings per share before and after dilution was SEK -2.20 (-2.55).
  • The cash flow from operating activities was kSEK -38,068 (-41,178).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer received an order from Digi-Key worth USD 52,000.
  • Acconeer received an order from BEYD worth USD 164,000 USD.
  • Björn Bengtsson was appointed as new CFO at Acconeer.
  • Acconeer signed a purchase agreement with Future Electronics.
  • Acconeer has shipped more than 200 000 A1 radar sensors since the company started selling evaluation kits.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2020. No impact is seen on either the development or the manufacturing side. With regard to demand for the company's products, it is likely that some customer projects will be delayed, but the assessment is that this is within the uncertainty margin that always exists.

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, 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 October 27, 2020 09.00.

The following documents can be retrieved from beQuoted
Acconeer-Q3-Interim-Report 201027.pdf
AcconeerInterim-Report-Q3-2020.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

Attachments
Acconeer-Q3-Interim-Report 201027.pdf
AcconeerInterim-Report-Q3-2020.pdf

Acconeer-Q3-Interim-Report 201027.pdf
AcconeerInterim-Report-Q3-2020.pdf
2020-10-27

Acconeer receives order from Digi-Key worth USD 36 000

By

The order mainly relates to Acconeer's A1 radar sensor. 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: "We are happy to see another order of sensors intended for customers' mass production from Digi-Key, which remains one of our most important global sales channels."

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 October 01, 2020 10.00.

The following documents can be retrieved from beQuoted
Acconeer receives order from DigiKey 201001.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

Attachments
Acconeer receives order from DigiKey 201001.pdf

Acconeer receives order from DigiKey 201001.pdf
2020-10-01

Acconeer has shipped more than 200 000 A1 radar sensors

By

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

Attachments
Acconeer-has-shipped-more-than-200k-radar-sensors.pdf

Acconeer-has-shipped-more-than-200k-radar-sensors.pdf
2020-09-10

Acconeer signs Purchase agreement with Future Electronics

By

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

Attachments
Acconeer-signs-purchase-agreement-with-Future-Electronics-20.pdf

Acconeer-signs-purchase-agreement-with-Future-Electronics-20.pdf
2020-09-02

Acconeer receives order from Chinese BEYD worth 164 000 USD

By

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

Attachments
Acconeer-receives-order-from-BEYD-20200825.pdf

Acconeer-receives-order-from-BEYD-20200825.pdf
2020-08-25

Acconeer receives order from Digi-Key worth USD 52 000

By

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

Attachments
Acconeer-receives-order-from-DigiKey 200820.pdf

Acconeer-receives-order-from-DigiKey 200820.pdf
2020-08-20