As announced last year, Acconeer, Imagimob and OSM Group are working together on gesture-controlled in-ear headphones. A working prototype will be available in Q1 2021, and the platform is soon ready for commercialization. Selected customers can now schedule exclusive demos of the prototype.
Gesture control is a perfect fit for in-ear headphones, since the earbud is small and not visible for the user, which makes physical buttons difficult to use. With the small footprint of Acconeer's A1 radar sensor, and the efficient AI software by Imagimob, it is possible to get it into a device as small as the in-ear headphone.
The project combines Imagimob AI SaaS solution and its world-leading expertise in Edge AI with Acconeer's high-accuracy, low-power radar sensor in a hardware designed and manufactured by OSM Group. The aim is to provide a solid platform targeting headphone companies looking to bring gesture-control into in-ear headphones to the market in a short time, while keeping accuracy and robustness high. However, the software and hardware platform developed in the project can also be used in a wide range of other electronic devices to implement gesture control.
Gesture control and touchless user interfaces has become a hot topic as the pandemic has swept over the world. The touchless gesture control market is primarily driven by factors such as rising hygiene consciousness and low maintenance cost. Touchless interfaces in addition to gesture controls are becoming widely popular as they provide the abilities to interact with devices without physically touching them.
The project is part of the strategic innovation program Smarter Electronic Systems - a joint investment by Vinnova, Formas and Swedish Energy Agency.
Imagimob and Acconeer are both showcasing at the all-digital CES 2021 January 11-14.
For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: email@example.com
Anders Hardebring, CEO Imagimob, Phone: +46 70 591 06 14, E-mail: firstname.lastname@example.org
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 email@example.com. For more information: www.acconeer.com
Imagimob is a pioneer in Edge AI and tinyML. The company was founded in 2013, and has been working with Edge AI ever since. Imagimob offers Imagimob AI, a SaaS solution for fast and easy end-to-end development of Edge AI applications for edge devices with constrained resources. Imagimob is located in Stockholm, Sweden. For more information: www.imagimob.com
About OSM Group
OSM is a leading developer and manufacturer of technically advanced electronics products and soft goods. Established more than 20 years ago in Sweden, our Scandinavian heritage influences our sense of purpose to deliver inspired design, robust manufacturing and ethical conduct that is beyond reproach. We operate our own factories in Asia for total control of the manufacturing process and have developed an exceptional global supply chain that delivers value and choice.
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.
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.
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.
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.
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.
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.
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.
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.
The shareholders of Acconeer AB (publ), reg. no. 556872-7654, (the "Company") are hereby given notice that the Annual General Meeting will be held on 27 April 2021.
Acconeer has signed a distribution agreement with Mouser Electronics, and Acconeer's radar products will soon be available through Mouser's online store. At the same time, Mouser Electronics places an order worth USD 35 000 for initial stock. The order relates to Acconeer's A1 radar sensor and related modules, evaluation kits (EVK) and lenses. Mouser is one of the largest electronic component distributors in the world, with a global reach.
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