Acconeer signs a distribution agreement with Japanese Restar Electronics

The radar technology company Acconeer AB has signed a distribution agreement with Restar Electronics Corporation, a leading distributor in Japan with especially strong coverage of companies in the consumer electronics segment. Initially, the agreement includes Pulsed Coherent Radar sensor A1 product and the evaluation kits and covers the Japanese market.

Lars Lindell, CEO of Acconeer, comments: "We have been working together with Restar Electronics Corporation for some time now, and they have already ordered sensors from us as we announced in May. It is with great pleasure that we now can formalize our cooperation further with a distribution agreement. Japan is an important market in our rollout strategy and Restar will be a great partner for us going forward."

Hiroshi Yajima, President of Restar Electronics Corporation, comments: "We have worked with Acconeer for some time now, and as our order in May indicates we have seen very strong interest from our customers in their unique radar sensor. Restar Electronics Corporation serve many of the large consumer electronic corporations active on the Japanese market and we believe that Acconeers potentially disruptive sensor will attract many of them going forward. It is with great anticipation we look forward to what this cooperation will lead to."

2019-07-22

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: ir@acconeer.com
Hiroshi Yajima, President Restar Electronics Corporation, Phone 81-3-5781-1011

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 22nd July 2019 at 09.30.

About Restar Electronics Corporation
In addition to selling various kinds of semiconductors, devices and measurement equipment, Restar Electronics Corporation responds to all customer's requirement by solution proposal, technical development support, ODM, etc. and develops value-added business. For more information: https://www.restargp.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 Stockholm 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.

Acconeer får order från Glyn Limited värd 123 000 kronor

Ordern gäller Acconeers radarsensor A111. Glyn Ltd är baserade i Nya Zeeland, och är etablerade som en ledande distributör i Nya Zeeland och Australien.


Acconeer receives an order from Glyn Limited worth USD 12 800

The order relates to Acconeer's radar sensor A111. Based in New Zealand, Glyn Ltd is established as a leading distributor in New Zealand and Australia.


Acconeer får order från Japanska Restar Electronics Corporation värd 1 020 000 kronor

Ordern gäller Acconeers radarsensor A111. En del av ordern går till produktion av den sociala roboten LOVOT från GROOVE X, ett japanskt bolag om vilket Acconeer publicerar en customer story om idag. Japanese Restar Electronics Corporation är en ledande japansk distributör med särskilt stark position bland bolag verksamma inom segmentet konsumentelektronik.


Acconeer receives an order from Japanese Restar Electronics Corporation worth USD 108,570

The order relates to Acconeer's radar sensor A111. Part of the order is for production of the social robot LOVOT from GROOVE X, a Japanese company which Acconeer also publishes a customer story about today. Japanese Restar Electronics Corporation is a leading distributor in Japan with especially strong coverage of companies in the consumer electronics segment.


Acconeer får order från Digi-Key värd 242300 kronor

Ordern avser Acconeers radarsensor A111.


Acconeer receives an order from Digi-Key worth USD 25,620

The order relates to Acconeer's radar sensor A111.


Acconeer får order från kinesiska BEYD värd 1 055 000 kronor

Per den sista september hade BEYD levererat Acconeers sensorer till fem olika kunder, där tre är verksamma inom området parkeringssensorer och en vardera inom nivåmätning i tankar och närvarodetektion. Den nya ordern från BEYD innefattar Acconeers radarsensor A111.


Acconeer receives an order from Chinese BEYD worth USD 111,000

At the end of September, BEYD had supplied Acconeer's sensors to five different customers, three of whom are active in the area of parking sensors and one each in level measurement in tanks and presence detection. The new order from BEYD includes Acconeer's radar sensor A111.


Customer story - Acconeer's A111 radar sensor in IoT parking solution

From today, Acconeer will start sharing selected customer stories to show innovative ways our customers use the A111 radar sensor in their products and solutions. The first customer story is from HANCOM Mobility, who uses Acconeer's radar in their parking sensor, which is a key part of the ParkingFriends™ platform provided by HANCOM Mobility.


Acconeer får order från kinesiska BEYD värd 277 000 kronor

BEYD har lanserat fem olika kunder som använder Acconeers sensorer, där tre är verksamma inom området parkeringssensorer och en vardera inom nivåmätning i tankar och närvarodetektion. Den nya ordern från BEYD innefattar Acconeers radarsensor A111 samt utvärderings kit.


Acconeer receives an order from Chinese BEYD worth USD 28,888

BEYD have launched five different customers using Acconeer's sensors, three of whom are active in the area of parking sensors and one each in level measurement in tanks and presence detection. The new order from BEYD includes Acconeer's radar sensor A111 and evaluation kits.


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.


Acconeer får order från Digi-Key värd 213500 kronor

Ordern avser Acconeers högprestandamodul XM112, IoT modulen XM122 samt sensorn A1


Acconeer receives an order from Digi-Key worth USD 22,128

The order relates to Acconeer's High-Performance module XM112, the IoT module XM122 and Acconeer sensor A1.


DELÅRSRAPPORT Q3 2019

TREDJE KVARTALET 1 JULI - 30 SEPTEMBER 2019

  • Nettoomsättningen uppgick till 1 693 (213) TSEK
  • Resultatet efter skatt uppgick till -15 476 (-7 241) TSEK
  • Resultat per aktie var -0,80 (-0,38) SEK
  • Kassaflödet från den löpande verksamheten var -16 449 (-4 541) TSEK
  • Likvida medel uppgick på balansdagen till 93 812 (152 655) TSEK

INTERIM REPORT Q3 2019

THIRD QUARTER 1 JULY - 30 SEPTEMBER 2019

  • Net sales amounted to TSEK 1 693 (213)
  • Earnings after tax amounted to TSEK -15 476 (-7 241)
  • Earnings per share were SEK -0,80 (-0,38)
  • Cash flow from operating activities totaled TSEK -16 449 (-4 541)
  • Cash equivalents at the end of the period amounted to TSEK 93 812 (152 655)

Acconeer får order från kinesiska BEYD värd 157 000 kronor

Per den sista september hade BEYD levererat Acconeers sensorer till fem olika kunder, där tre är verksamma inom området parkeringssensorer och en vardera inom nivåmätning i tankar och närvarodetektion. Den nya ordern från BEYD innefattar Acconeers radarsensor A111 samt den nyligen lanserade IoT-modulen XM122.


Acconeer receives an order from Chinese BEYD worth USD 16,500

At the end of September, BEYD had supplied Acconeer's sensors to five different customers, three of whom are active in the area of parking sensors and one each in level measurement in tanks and presence detection. The new order from BEYD includes Acconeer's radar sensor A111 and the recently launched IoT module XM122.


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