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Acconeer receives funding of SEK 4M for project on sleep monitoring with Sleepiz and University of Gothenburg

Sweden's Innovation Agency has granted Acconeer 4 million SEK for research on sleep monitoring using radar. The project will run for three years starting in April 2021 and will be a consortium with Sleepiz based in Switzerland and the University of Gothenburg, Sweden.

The aim of the project is to deliver a revolutionary contactless device for diagnosis and monitoring, where Acconeer's next generation pulsed coherent radar sensor will be used to monitor cardio-respiratory patterns. Sleepiz already has a sleep monitoring device on the market and their expertise in the field combined with Acconeer's radar research will result in a new product that will be validated by University of Gothenburg's Sleep Medicine Centre.

"We are delighted to work with Acconeer to co-develop a customized radar chip for improved functionality and features, as well as to do prototype validation with University of Gothenburg's Sleep Medicine Centre" says Soumya Dash, CEO at Sleepiz.

The funding from Sweden's Innovation Agency for this project is granted within the European Union's Horizon 2020 research and innovation program.

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

Soumya Dash, CEO Sleepiz, E-mail: soumya.dash@sleepiz.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 18, 2021 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

2021-12-21
Regulatory

The order relates to Acconeer's A111 Pulsed Coherent Radar sensor for mass production. Drainage Management Services Ltd is a UK-based company providing monitoring solutions for drainage and sewage systems.

2021-12-20
Regulatory

The board of directors of Acconeer AB ("Acconeer" or the "Company") hereby announces the outcome of the Company's rights issue of shares (the "Rights Issue") which was resolved by the board of directors on 22 November 2021 based on the authorization from the annual general meeting on 27 April 2021.The final count in the Rights Issue shows that 2,310,373shares, corresponding to approximately 99 per cent of the Rights Issue, have been subscribed for by the exercise of subscription rights. Furthermore, 2,465,919 shares were subscribed for without subscription rights, corresponding to approximately 105 per cent of the Rights Issue. The final outcome shows that the Rights Issue has been oversubscribed. Through the Rights Issue, Acconeer receives approximately SEK 140 million before deduction of transaction costs.

2021-12-17
Regulatory

The order relates to Acconeer's A111 Pulsed Coherent Radar sensor for mass production. NEXTY Electronics is a leading Japanese distributor with especially strong coverage of companies in the automotive sector.

2021-12-09
Regulatory

Acconeer AB ("Acconeer" or the "Company") today publishes a supplementary prospectus (the "Supplementary Prospectus") to the prospectus that was approved by the Swedish Financial Supervisory Authority and published on 29 November 2021. The Supplementary Prospectus is part of and must be read together with the prospectus.

2021-12-07
Regulatory

The order relates to Acconeer's A111 Pulsed Coherent Radar sensor for mass production. EMSYS Design LCC is a company providing industrial applications.

2021-12-06
Regulatory

The order relates to Acconeer's A111 Pulsed Coherent Radar sensor for European customer mass production. Baumüller Nürnberg GMBH is a is a leading manufacturer of electric drive and automation systems.

2021-11-29
Regulatory

The board of directors of Acconeer AB ("Acconeer" or the "Company") has prepared a prospectus (the "Prospectus") relating to the issue of shares of approximately SEK 140 million (the "Rights Issue"), which was resolved by the board of directors on 22 November 2021, based on the authorization from the annual general meeting on 27 April 2021. The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority.

2021-11-22
Regulatory

The board of directors of Acconeer AB ("Acconeer" or the "Company") has today, based on the authorization from the annual general meeting on 27 April 2021, resolved to carry out a rights issue of shares with preferential rights for the Company's existing shareholders of approximately SEK 140 million (the "Rights Issue"). The Company has received subscription commitments from a selection of the Company's largest shareholders, board members and senior executives, amounting to approximately SEK 29 million, corresponding to approximately 21 percent of the Rights Issue. Furthermore, the Company has entered into agreements on guarantee commitments of approximately SEK 90 million, which means that the Rights Issue is secured to approximately 85 percent. Acconeer will use the proceeds from the Rights Issue to finance the Company for the next 24 months. The Rights Issue provides Acconeer with working capital and creates better conditions for realizing the Company's strategy and business plan.

2021-11-18
Regulatory

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

2021-11-03
Regulatory

The A1 pulsed coherent radar sensor from Acconeer is used for surface classification and obstacle detection in a recently launched robotic lawn mower from one of the leading European manufacturers in the garden segment. The total potential value of the project going forward is estimated to US$ 600 thousand annually for Acconeer. This is Acconeer's estimate based on market data on robotic lawn mower sales.

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