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Acconeer has sold more than half a million A1 radar sensors

As of today, Acconeer has sold more than 500 000 A1 radar sensors in total since the company started selling Evaluation Kits (EVKs) in February 2018.

Lars Lindell, CEO Acconeer, comments: "Today we ship our radar sensor number 500 000 since we started selling it online, and we are very happy to pass yet another milestone. I February 2020, 24 months after sales start, we reached 100 000 sensors sold and seven months later we passed 200 000. Now in less than a year we have sold an additional 300 000 radar sensors, despite a pandemic and global shortage of components which have slowed down our customers' production. We are now looking forward to passing the next milestone of having sold one million sensors."

Starting in 2021, Acconeer reports accumulated sales in financial reports, by the end of Q2 2021 the company had sold in total 440 000 radar sensors.

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.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) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redey.se.

2021-09-08
Regulatory

The orders relate to Acconeer's XM132 Entry Module for European customer mass production. Asteelflash is a European specialist EMS company.

2021-08-17

As of today, Acconeer has sold more than 500 000 A1 radar sensors in total since the company started selling Evaluation Kits (EVKs) in February 2018.

2021-07-23
Regulatory

In Q2 2021, Acconeer's net sales amounted to 7 643 kSEK, the gross margin was 72% and eight new customer products were launched. In Q2 for the first time more than 100 000 sensors were sold during one quarter when 112 256 sensors were sold, and since launch Acconeer has sold in total 436 468 radar sensors. In Q2 461 evaluation kits were sold, and an accumulated 3 977 EVK has been sold since launch. The company sold 2 226 modules in Q2, and since launch a total of 11 927 modules have been sold.

2021-06-09
Regulatory

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

2021-05-11
Regulatory

The radar technology company Acconeer AB has signed a distribution agreement with Japanese NEXTY Electronics. NEXTY, a core company of the Toyota Tsusho Group's electronics business, is a leading Japanese distributor with especially strong coverage of companies in the automotive sector.

2021-04-27
Regulatory

Acconeer AB (the "Company") held its annual general meeting on 27 April 2021, for the 2020 fiscal year. In order to prevent the spread of the virus causing covid-19, the annual general meeting was carried out solely through postal voting, without any physical presence. A video with the CEO, Lars Lindell, and COO, Mikael Egard, was published ahead of the AGM. The video included their reflections on the past year and the strategy ahead and is available on the Company's website, www.acconeer.com. At the annual general meeting, the following resolutions were made.

2021-04-23
Regulatory

In the press released sent out on April 23, 2021, 07:30 the wrong year was stated in the headline. The correct year for the interim report for the first quarter is 2021. In addition, a link to the report on Acconeer's web site was missing. This has been added in the press release below, which in all other aspects is the same as the previously distributed press release.

2021-04-23
Regulatory

In Q1 2021, Acconeers net sales amounted to 7 545 kSEK, the gross margin was 74% and five new customer products were launched. In Q1 399 evaluation kits were sold, and an accumulated 3 516 EVK has been sold since launch. The company sold 4 024 modules in Q1, and since launch a total of 9 701 modules have been sold. In total Acconeer has sold 324 212 sensors, out of which 74 881 were sold in Q1 2021.

2021-04-22
Regulatory

Today Acconeer is announcing a new product in the A1 pulsed coherent radar family, based on the design of A111 but with extended performance. The product is planned to be ready for mass-production in the second half of 2022.

2021-04-20

Chinese company Winext Technology combines Acconeer's A1 radar sensor with a geomagnetic sensor for improved accuracy in their parking space detection module. Thanks to the good result, the company plans to use the A1 radar sensor in more products such as smart trash cans and liquid level meters. Read the full customer story to learn more.

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