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Acconeer has shipped more than 100 000 A1 radar sensors

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In February 2020, 24 months after the company started selling Evaluation Kits (EVKs) at Digi-Key, Acconeer AB has shipped more than 100 000 A1 radar sensors to distributors and customers.

Lars Lindell, CEO Acconeer, comments: "Having shipped 100 000 sensors in an important milestone for us as a company. Currently, our revenue split is about 75/25, where 75-80% of our revenue comes from the A1 radar sensor, and 20-25% comes from sales of EVKs.

We have for a long time stated that 12-24 months after the sale of EVK we expect to see customer launches, and now we can confirm that this results in volume sales. The lead time from EVK sales to customer launch varies significantly depending on the business segment. The automotive industry, for example, has a long time to market. Two years ago, less than 50 EVKs had been sold, and none of the 14 customers who have launched up until today had bought an EVK in February 2018."

In the coming 24 months, Acconeer expects that existing customers will increase their volume, the customer base will grow substantially, and the company will see larger customers launching their products.

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 28, 2020 13.30.

The following documents can be retrieved from beQuoted
Acconeer-has-shipped-more-than-100-000-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-100-000-radar-sensors.pdf

Acconeer-has-shipped-more-than-100-000-radar-sensors.pdf
2020-02-28

Acconeer receives an order from CODICO worth USD 62 700

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The order relates to Acconeer's A111 radar sensor for a European customer. CODICO GmbH is a leading European distributor, headquartered in Vienna, Austria.

Lars Lindell, CEO Acconeer, comments: "This order is the first high-volume order from CODICO, and it proves the progress we've had in Europe since we signed the distributor agreement with them last year."

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 February 26, 2020 10.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-CODICO 200226.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-CODICO 200226.pdf

Acconeer-receives-order-from-CODICO 200226.pdf
2020-02-26

Acconeer receives an order from Digi-Key worth USD 15 100

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The order relates to Acconeer's XM122 IoT Module, a low power connected radar module with an optimized circular form factor. 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: "This order confirms the continued high demand we see for our XM122 IoT Module, which is optimized for connected use cases with tough requirements on size, memory and power consumption."

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 February 25, 2020 10.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-DigiKey 200225.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 200225.pdf

Acconeer-receives-order-from-DigiKey 200225.pdf
2020-02-25

YEAR-END REPORT 1 JANUARY – 31 DECEMBER 2019

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FOURTH QUARTER 1 OCTOBER – 31 DECEMBER 2019

· Net sales for the fourth quarter amounted to kSEK 1,829 (442).

· Result after taxes amounted to kSEK -19,465 (-15,112).

· Earnings per share was SEK -1,01 (-0.79).

· The cash flow from operating activities after changes in working capital was kSEK -15,641 (-16,560).

FULL YEAR 1 JANUARY – 31 DECEMBER 2019

· Net sales for the full year amounted to kSEK 5,508 (953).

· Result after taxes amounted to kSEK -68,569 (-39,079).

· Earnings per share was SEK -3,58 (-2,05).

· The cash flow from operating activities after changes in working capital was kSEK -60,701 (-45,935).

· Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 77,954 (136,214).

· Gross margin amounted to 61 %.

SIGNIFICANT EVENTS DURING THE QUARTER

· Acconeer published two new focus use cases within presence detection.

· Acconeer received orders from BEYD worth USD 139,888.

· Orders from Digi-Key worth USD 47,748 were received.

· Acconeer received an order from Japanese Restar Electronics Corporation worth USD 108,570.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

· Acconeer received an order from Glyn Limited worth USD 12,800.

· Thomas Rex proposed as new Chairman of Acconeer AB

"We have identified several customer projects with the potential of generating large increases in revenue so we intend to at least double the capacity to support and run customer projects in 2020.", 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/se/finansiella-rapporter/

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 February 20 2020 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer-Q4-2020-02-20-Eng.pdf
Year-end-report-January-December-2019.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-Q4-2020-02-20-Eng.pdf
Year-end-report-January-December-2019.pdf

Acconeer-Q4-2020-02-20-Eng.pdf
Year-end-report-January-December-2019.pdf
2020-02-20

Thomas Rex proposed as new Chairman of Acconeer AB

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BGA Invest AB, org.no 556653-5182, and Winplantan AB, org.no 556936-5082 – who together hold approximately 26 per cent of the shares and votes in Acconer AB – have today announced to the company that they will propose Thomas Rex as new Chairman of the board at Acconeer's annual general meeting April 14, 2020. Current Chairman Bengt Adolfsson announced at the same time that he declines re-election as Chairman, but is available for re-election as a member of the Board.

– As a major owner and exiting Chairman, I am very positive about being able to propose Thomas Rex as the new Chairman of the Board. With his broad experience of technical and business-oriented roles in several companies in the semiconductor business, combined with good insight in the company's operations, he can contribute to an even stronger development of Acconeer AB, says Bengt Adolfsson, exiting Chairman and shareholder through BGA Invest AB.

Thomas Rex has been a member of the Board of Acconeer AB since 2014, and he has a solid background in the technology industry in Sweden as well as internationally. Today he is the Senior Vice President of Special Projects at Fingerprint Cards AB and is a part of Fingerprint Cards' executive management since 2011. In the past, Thomas has worked for Ericsson AB for 20 years, during which he was based in Tokyo, Japan for seven years as Vice President of Sales, Asia for Ericsson Mobile Platforms. Other experiences include roles as Head of Sales at Nanoradio and Board member of Kisel AB until 2014.

For additional information, please contact:
Lars Lindell, Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
Thomas Rex, proposed Chairman of the Board, Phone: +46 10218 92 00, E-mail: ir@acconeer.com
Bengt Adolfsson, exiting Chairman of the Board, 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 17, 2020 08.00.

The following documents can be retrieved from beQuoted
Thomas-Rex-proposed-as-new-chairman-of-Acconeer-AB 200217.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
Thomas-Rex-proposed-as-new-chairman-of-Acconeer-AB 200217.pdf

Thomas-Rex-proposed-as-new-chairman-of-Acconeer-AB 200217.pdf
2020-02-17

Acconeer receives an order from Glyn Limited worth USD 12 800

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The order relates to Acconeer's radar sensor A111. Based in New Zealand, Glyn Ltd is established as a leading distributor in New Zealand and Australia.

Lars Lindell, CEO Acconeer, comments: "Since we signed a distribution agreement with Glyn Limited last summer, we have seen an uptake in customer activities in the region. Today's order is a confirmation of the progress with customers in Australia and New Zealand."

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 February 12 2020 12.00.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Glyn 200212.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-Glyn 200212.pdf

Acconeer-receives-order-from-Glyn 200212.pdf
2020-02-12

Acconeer and ALPS ALPINE signs a strategic partnership agreement and announces first customer project

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The radar technology company Acconeer AB and ALPS ALPINE have signed a strategic partnership agreement with the aim of developing products for the automotive industry. ALPS ALPINE is a world-leading manufacturer of electronic components, modules and systems for cars.

Acconeer's unique ultra-low power and high precision radar sensor will be included in several of ALPS ALPINE products. The first product from the collaboration, an access control sensor for cars, has been completed and is already being marketed to automobile manufacturers globally. ALPS ALPINE have now won their first project with a leading international car brand and therefore Acconeer has signed an exclusivity agreement for this particular use-case and car brand. If the project is completed as planned, deliveries are expected to start in early 2022 and run over a minimum of 4 years.

Lars Lindell, CEO of Acconeer, comments: "We have teamed up with ALPS ALPINE for a couple of years and have now reached the point where the next logical step is to formalize our cooperation. We are certain that ALPS ALPINE is the perfect partner to take our radar sensor to the automobile industry globally."

2019-09-04

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 4th of September 2019 at 10.30.

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2019-09-04.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 Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

Attachments
Acconeer Pressrelease 2019-09-04.pdf

Acconeer Pressrelease 2019-09-04.pdf
2019-09-04

Acconeer signs a distribution agreement with Japanese MICRO SUMMIT

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The radar technology company Acconeer AB has signed a distribution agreement with MICRO SUMMIT K.K, a leading distributor in Japan. Initially the agreement includes the Pulsed Coherent Radar sensor A1 and the evaluation kit XC112/XR112 and covers the Japanese market.

Lars Lindell, CEO of Acconeer, comments "We are very pleased that we can announce the signing of this agreement with MICRO SUMMIT K.K. This is the next step in our roll out strategy and will enable us to ship products in volume to Japan. The Japanese market will be very important to Acconeer and MSK will be an important partner for us"

Sadakiyo Chiina, President of MICRO SUMMIT K.K, comments "MICRO SUMMIT K.K have followed Acconeer and seen a very strong interest from our customers in Acconeer's unique radar sensor. The Japanese consumer electronic market is very large and Acconeer is bringing a completely new and potentially disruptive technology to the market. We look forward on serving Acconeer and help them build relationships with leading stakeholders in the electronics industry in Japan."

2018-09-21

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: ir@acconeer.com
Sadakiyo Chiina, President of MICRO SUMMIT K.K, Phone +81 3 3258 5531, Mail: chiina@microsummit.co.jp 

This information is the information that Acconeer AB is required to disclose by the EU Market Abuse Regulation and Securities Market Act. The information was provided by the above contact person, for publication on 21st of September 2018 at 13.00

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2018-09-21.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 Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

About MICRO SUMMIT K.K
Micro Summit K.K. is a leading distributor of Micro-electronics components, electronics modules and electro-mechanical components in Japan. Its applications cover wide areas such as MFP, LCD-TV, Handy Terminal, Transceiver, FA Board, POS Terminal, Car Radio, etc. The major customer base includes wide industry leaders such as Canon Inc., Fuji Xerox Co., Fujitsu Ltd., ICOM Inc., Ricoh Co., Ltd., Konica Minolta, Inc., Seiko Epson Corp., etc.

Micro Summit is committed to supporting Japanese customers by supplying products of leading overseas manufacturers in the areas that the suppliers are most excelled in its specific areas.

Attachments
PDF

PDF
2018-09-21

Acconeer establishes distribution agreement with Russian Electronic distributor Scanti for the Russian market

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The radar technology company Acconeer AB has signed a distribution agreement with Russian electronics distributor Scanti. Scanti is a leading distributor specializing in Russia, Ukraine and Belarus. Initially the agreement includes the A1 sensor and the evaluation kit XC112/XR112 and covers Russia, Ukraine and Belarus. The logistical and administrative partner for order handling and shipping into these countries is the German company Sauris GmbH.

Lars Lindell, CEO of Acconeer, comments "We are very pleased that we can announce the signing of this agreement with Scanti. We continue our efforts to increase our market reach and with this next step in our roll out strategy we will be able to ship products in volume to the markets in Russia, Ukraine and Belarus. There are great opportunities for Acconeer in the Russian market and Scanti with their experience and knowledge of customers is an ideal partner for us"

Vladimir Botantsov, General Manager of Scanti, comments "Scanti have followed Acconeer for some time and seen a very strong interest from our customers in Acconeer's unique radar sensor. The Russian market is very large and Acconeer is bringing a completely new and potentially disruptive technology to the market. We look forward on serving Acconeer on the Russian market."

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: ir@acconeer.com
Vladimir Botantsov, General Manager of Scanti, Phone + 7 495 9871119, Mail: vb@scanti.com

This information is the information that Acconeer AB is required to disclose by the EU Market Abuse Regulation and Securities Market Act. The information was provided by the above contact person, for publication on 21st of August 2018 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2018-08-21 English.pdf

About Scanti

Scanti is an authorized and one of the most experienced distributors of electronics components in the territory of Russia and the CIS countries. Scanti is in an advanced position to bring new technologies to our customers, because company's aim is to side with their interests, as Scanti does not just imply a warehouse, but offers a complete and all-round support to customers at all stages of research & design, implementation, pilot production and large-scale manufacturing.

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 Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

Attachments
PDF

PDF
2018-08-21

Acconeer signs a distribution agreement with Chinese BEYD and receives a purchase order of USD 12,310

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The radar technology company Acconeer AB has signed a distribution agreement with BEYD of China. BEYD is a leading distributor specializing in radar technology based in Shenzhen, China. Initially the agreement includes the sensor A1 and the evaluation kit XC112 / XR112 and covers the Chinese market.

The initial purchase order of USD 12,310 covers both the evaluation kit XC112 / XR112 as well as A1 sensors and will be used for customer evaluations and prototypes.

Lars Lindell, CEO of Acconeer, comments "We are very pleased that we can announce the signing of this agreement with BEYD. The Chinese market will be very important to Acconeer going forward so this is an important next step in our roll out strategy. With an extensive radar experience and customer knowledge BEYD is an ideal partner for us and will enable us to ship products in volume to the Chinese market".

Simon Huang, Vice President of BEYD, comments "The market for radar sensors in China is large and growing. After following Acconeer for some time we see great potential in bringing their disruptive technology to the Chinese market and have already seen strong interest in their unique product from our customers. We look forward on serving Acconeer on the Chinese market."

2018-07-31

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone+46 10218 92 00, Mail: ir@acconeer.com
Simon Huang, VP BEYD, Phone + 86 755 2328 2845, Mail: cym@beyd.com.cn

The following documents can be retrieved from beQuoted
Acconeer Pressrelease 2018-07-31 English.pdf

About BEYD
BEYD is a professional distributor based in Shenzhen, China. BEYD focus on emerging sensor technology, especially radar and Lidar products. With a professional team and rich experience, BEYD commit to help our partner to expand their market in China. In addition to generate revenue for our partners, BEYD conduct marketing research and keep partners informed of industry trends, to ensure a long-term success for our partners business in China.

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 Stockholm with the ticker code ACCON, Redeye is the company's Certified Advisor (CA).

Attachments
PDF

PDF
2018-07-31