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Acconeer develops integration-ready Entry Module with low system cost

The planned Entry Module, XM132, will be power and cost-efficient with optimized performance for a range of pre-defined use cases. It will be released during the second half of 2020, to complement Acconeer's module offering, which currently consists of the XM112 High-Performance Module and XM122 IoT Module. With XM132, Acconeer takes the next step in providing a module designed for smooth integration into customer products.

With a solderable design combining an ARM Cortex M0 microcontroller unit (MCU) with the A111 radar sensor, 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 focus use cases.

"By combining our A111 radar sensor with an M0 MCU, we can provide a product designed to meet commercial sensor module integration requirements, with a shorter time-to-market for customers. To get the best possible performance on a small and cost-efficient system like the ARM Cortex M0 MCU, we will provide dedicated software optimized for this platform. The module SW will come in different versions targeting some of our most common customer use cases fit for integration on a M0-based system," says Mikael Rosenhed, Acconeer's Head of Product Management.

The ARM Cortex M7-based XM112 High-Performance Module was released in December 2018, to let customers evaluate their use cases on an embedded system with high performance. In October 2019, the XM122 IoT Module was launched targeting connected battery-powered use cases, combining the A111 radar sensor with an ARM Cortex M4 MCU and integrated connectivity such as Bluetooth. Both modules have been very well received by the market, opening up new business segments, which is why Acconeer has decided to take the next step and complement the product offering with the XM132 Entry Module.

For additional information, please contact:
Mikael Rosenhed, Head of Product Management, 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 March 18, 2020 16.00.

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

2020-04-09
Regulatory

Ahead of Acconeer's annual general meeting (AGM), which starts 14 April 17.30, previously unpublished figures for three important parameters are published:

  • Revenue - Acconeer's revenue was 210 000 USD during the first quarter 2020, which is a growth with 16% compared to the previous quarter and 284% compared to the first quarter 2019.
  • Number of sold evaluation kits (EVKs) - During the first quarter 2020 Acconeer sold 358 EVKs.
  • Customer launches - the total number of customer launches with Acconeer's radar is after the first quarter 2020 in total 17. This is a growth with three compared to the previous quarter.
2020-03-31
Regulatory

The radar technology company Acconeer AB has been chosen by ALPS ALPINE to deliver radar sensors for the use case presence detection in cars to a European premium car manufacturer. Acconeer estimates the total potential value of the design wins to US$ 9-12 million over three years starting in 2022. 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.

2020-03-24
Regulatory

Acconeer AB's annual report for 2019 is from today available on the company's website, investor.acconeer.com.

2020-03-20

Due to the ongoing outbreak of covid-19, Acconeer has decided to take precautions in relation to the upcoming annual general meeting, which will be held on April 14, 2020, 17:30 at Ideon Gateway (second floor).

2020-03-18
Regulatory

The planned Entry Module, XM132, will be power and cost-efficient with optimized performance for a range of pre-defined use cases. It will be released during the second half of 2020, to complement Acconeer's module offering, which currently consists of the XM112 High-Performance Module and XM122 IoT Module. With XM132, Acconeer takes the next step in providing a module designed for smooth integration into customer products.

2020-03-13
Regulatory

The shareholders of Acconeer AB (publ) (the "Company") are hereby invited to the Annual General Meeting on Tuesday 14 April 2020 at 5:30 p.m. CEST in Ideon Gateway (second floor) Scheelevägen 27, 223 63 Lund. Registration for the Annual General Meeting begins at 4:30 p.m. CEST.

2020-03-10
Regulatory

The order relates to Acconeer's A111 radar sensor, for production of the customer's IoT solution.

2020-02-28
Regulatory

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.

2020-02-26
Regulatory

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

2020-02-25
Regulatory

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.

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