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Acconeer receives order from Digital Matter worth USD 340 000

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.

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

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-05-13 10:15 CEST.

About Digital Matter
Digital Matter is a leading global developer and supplier of IoT asset tracking, sensor monitoring, and advanced telematics solutions. Engineered to outperform, the company offers a versatile range of ‘deploy once’ hardware with the largest portfolio of battery-powered IoT asset tracking devices across a range of connectivity technologies. For more information, visit https://www.digitalmatter.com/.

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

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Acconeer receives order from Digital Matter worth USD 340 000