Investor relations

SE
EN

Press releases

Acconeer and Imagimob combine Radar Technology and Edge AI in gesture-controlled headphones showcased at CES 2020

The wireless headphone application to be showcased has been trained to recognize five hand gestures with high accuracy and close to zero latency. It is the first result coming from a cooperation agreement between the companies that started in May this year. By combining Edge AI software from Imagimob with the Pulsed Coherent Radar technology from Acconeer, the two companies have created an innovative platform for gesture control perfect for consumer electronics products.

Imagimob and Acconeer have made a long-term agreement to provide solutions based on the combination of Pulsed Coherent Radar and Edge AI technologies. While the headphones demo for CES is the first exciting result of this deep cooperation, the companies are working on several other projects together in robotics and in the automotive industry.

The market for small, accurate radar sensors combined with AI is rapidly becoming a growing business, which is shown by a number of recent commercial product launches. AI + Radar is a perfect match that can solve many different needs in markets for consumer electronics and other embedded systems where size, cost, and power consumption are key constraints. Headphones is a good example of this kind of product, where gesture control using radar and AI makes it possible to provide a smother, safer, and more intuitive interface for the user.

The A111 radar sensor is a low power, high precision, pulsed short-range radar sensor with a footprint of only 29 mm2. The small size and low power consumption make it ideal for integration into compact battery-driven devices. With the release of the new XM122 IoT module, using an Arm® Cortex®-M4 CPU, optimized for low power consumption and with wireless capabilities such as Bluetooth added, prototyping and integration in small devices with no room for a touch screen have been even further improved.

This first joint project Imagimob and Acconeer have been working on proves that the A111 radar sensor can be fitted into small wearable devices such headphones. The technology can be made to fit into all types of headphones including over-ear, on-ear and even in-ear headphones. The global industry for earphones and headphones is growing fast and is estimated to over $36 billion by 2024.

The gesture application from Imagimob enables accurate gesture detection with low latency in real time
The gesture application is developed by Imagimob using Imagimob AI and was developed in close cooperation with Acconeer. Imagimob AI is a set of software tools for the development of Edge AI applications. Edge AI applications enables small, low-power devices with intelligence and data processing capabilities for actionable insights in real-time. This lends itself to a world of exciting applications, where the Edge AI application is pre-trained with data to create specific instincts for use in all kinds of intelligent products. The output from Acconeer's radar is ideal for this type of algorithms.

Learn more and get in touch
Are you curious to learn more? Visit www.imagimob.com to learn more about Imagimob's innovative AI software tools or find out about pulsed coherent radar technology and its possibilities on www.acconeer.com. The gesture-controlled headphones will be showcased exclusively to selected customers and partners at CES in Las Vegas, January 7-10, 2020. A video of the concept is available at https://youtu.be/sHyIjieEaSQ

For additional information, please contact:
Anna Aleryd, Head of Marketing & Communications Acconeer, Phone: +46 10218 92 00, E-mail: info@acconeer.com

Anders Hardebring, CEO Imagimob, Phone: +46 705910614, E-mail: anders@imagimob.com

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.

2022-11-14
Regulatory

Acconeer has agreed with three large global tech companies about a joint proposal to the Federal Communications Commission (FCC) for new regulations of the 60GHz frequency band in the US. The proposal makes it possible for Acconeer's and other mmWave radar technologies to co-exist with WiGig in the 60GHz band. The submitted proposal can be read at FCC's website.

2022-10-28
Regulatory

In the third quarter 2022, Acconeer's net sales amounted to 12,066 kSEK, and the product revenue increased by 62% compared to the same quarter last year. A record number of sensors were sold, 185,419 and 21,116 modules were sold. In total, Acconeer has sold 1,208,596 radar sensors and 100,752 modules since launch. In the quarter 332 evaluation kits were sold, and an accumulated 5,595 EVKs have been sold since launch. The gross margin in Q3 was 58% and as much as 11 new customer products were launched.

2022-10-26

Acconeer is among the 50 Swedish companies qualified for Deloitte's list Sweden Technology Fast 50. Every year, Deloitte lists the 50 fastest growing tech companies in Sweden. Which ranking Acconeer has among the 50 will be announced in November.

2022-10-12
Regulatory

The new module - which will be the first to integrate the new A121 radar sensor - will be called XM125 Entry+ Module. It will have ultra-low power consumption, outstanding system cost and solderable design for optimized integration into mass-produced solutions. The module is planned to be available for customers in Q1 2023.

2022-10-05

Acconeer has now shipped more than 100 000 modules with the A111 radar sensor since the company launched its first module in December 2018. Since then, the company has released a range of popular modules where a radar sensor is combined with a microprocessor (MCU) and other supporting components.

2022-08-09
Regulatory

Acconeer's A1 pulsed coherent radar sensor is used in an electrical car model from one of the top two American high-volume car makers for the use case access control, which allows touchless opening of the trunk of a car. This is the first commercially available car using the company's technology. Based on forecasts from the distributor, the value of the launch of this one model is estimated to USD 600 000 over three years. Sales to this customer is reflected in sales to Acconeer's distributors.

2022-07-22
Regulatory

In the second quarter 2022, Acconeers net sales amounted to 10,779 kSEK, and the product revenue increased by 120% compared to the same quarter last year. A record number of sensors were sold, 167,654 and 21,294 modules were sold. In total, Acconeer has sold 1,023,177 radar sensors and 79,636 modules since launch. In the quarter 224 evaluation kits were sold, and an accumulated 5,263 EVKs have been sold since launch. The gross margin in Q2 was 62% and as much as 12 new customer products were launched. At the end of the quarter, an evaluation kit (EVK) for Acconeers second radar sensor, A121, was shipped to distributors for sale.

2022-07-08

Acconeer ABs share capital and number of shares have increased due to the exercise of warrants in series TO2 (2019/2022). As a result, the company is increasing its cash by SEK 17 million.

2022-07-06
Regulatory

The order relates to Acconeer's A111 radar sensor for customers' mass production, the evaluation kit (EVK) XE121 and related products, as well as the coming modules XM124 and XM123 including EVKs for these. BEYD is Acconeer's Chinese distributor and remains an important sales channel for the company.

2022-06-30
Regulatory

As previously announced, Acconeer introduces a new high-performance radar sensor, A121, and today the evaluation kit (EVK) for the product has been shipped to distributors and will soon be available for customers to buy. The A121 radar sensor is planned to be ready for mass production in the first quarter of 2023.

1
2
...
14
>>

Subscribe

Press releases and reports by e-mail.

When you subscribe your email address will be stored by beQuoted that provides this service. Your information will be handled by their privacy policy.