Acconeer signs a European distribution agreement with CODICO GmbH

The radar technology company Acconeer AB has signed a pan European distribution agreement with CODICO GmbH. CODICO is a leading European distributor, headquartered in Vienna Austria. Initially, the agreement covers Europe, the Middle East, and the African Market and includes the Pulsed Coherent Radar sensor A1 product, modules, and Evaluation kit.

Lars Lindell, CEO of Acconeer, comments: "We are very pleased that we can announce the signing of this agreement with CODICO. This is yet another important step in our rollout strategy and will enable us to ship products in volume to the European market. From our on-line sales, we have seen considerable interest from large electronics companies in Europe, so a logical next step was to find a partner that can represent and sell our products."

Sven Krumpel, CEO of CODICO, comments: "We have been following Acconeer for some time now, driven especially by strong interest from our customers in their unique radar technology. We currently have several ongoing projects where Acconeers radar solution looks to be the best fit. The robotics-, healthcare- and wearable markets in Europe are very large, and we expect great interest when we bring Acconeers completely new and potentially disruptive technology to these markets."


For additional information, please contact: 

Lars Lindell, CEO Acconeer, Phone +46 10 218 92 00, Mail: [email protected]

Johannes Kornfehl, Product Manager CODICO, Phone +43 (0)1 86305-149, Mail: [email protected]

Birgit Punzet, Press Contact CODICO, Phone +43 (0)1 86305-209, Mail: [email protected]

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 28th June 2019 at 09.00.

CODICO stands for design-in-distribution of high-quality electronic components. Its wide range of products includes active and passive components and interconnect systems. The company operates from its Austrian headquarters in Perchtoldsdorf, south of Vienna as an independent, privately-owned enterprise and maintains several sales offices in Germany, Denmark, Italy, France, the Czech Republic, Slovenia, and the UK, also cooperating with partner companies in Central and Eastern Europe. Backed by a high level of technical expertise, CODICO places a key focus on design-in services. CODICO's distinguishing feature consists in the technical support it provides from the development phase to the final product, and its commitment to selling exclusively high- quality products. 

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 [email protected] 

Acconeer och tre stora WiGig-intressenter lämnar in ett gemensamt regleringsförslag till FCC

Acconeer har kommit överens med tre stora globala teknikföretag om ett gemensamt förslag till Federal Communications Commission (FCC) för nya regler för 60GHz-frekvensbandet i USA. Förslaget gör det möjligt för Acconeers och andra mmWave-radarteknologier att samexistera med WiGig i 60GHz-bandet. Det inlämnade förslaget finns att läsa på FCC:s hemsida.

Acconeer and three major WiGig stakeholders submit joint regulation proposal to FCC

Acconeer has agreed with three large global tech companies about a joint proposal to the Federal Communications Commission (FCC) for new regulations of the 60GHz frequency band in the US. The proposal makes it possible for Acconeer's and other mmWave radar technologies to co-exist with WiGig in the 60GHz band. The submitted proposal can be read at FCC's website.

Delårsrapport Q3 2022

I tredje kvartalet 2022 uppgick Acconeers nettoomsättning till 12 066 TSEK, och ökningen av produktintäkter var 62% jämfört med samma kvartal förra året. Ett rekordstort antal sensorer såldes, 185 419 och 21 116 moduler såldes. Sedan lansering har Acconeer sålt totalt 1 208 596 radarsensorer och 100 752 moduler. Under kvartalet såldes även 332 utvärderingskit, EVK, och den ackumulerade EVK-försäljningen sedan lansering uppgår vid kvartalets slut till 5 595. Bruttomarginalen i Q3 var 58% och 11 nya kundprodukter lanserades.

Interim report Q3 2022

In the third quarter 2022, Acconeer's net sales amounted to 12,066 kSEK, and the product revenue increased by 62% compared to the same quarter last year. A record number of sensors were sold, 185,419 and 21,116 modules were sold. In total, Acconeer has sold 1,208,596 radar sensors and 100,752 modules since launch. In the quarter 332 evaluation kits were sold, and an accumulated 5,595 EVKs have been sold since launch. The gross margin in Q3 was 58% and as much as 11 new customer products were launched.

Acconeer bland Sveriges 50 snabbast växande teknikföretag enligt Deloitte

Acconeer är bland de 50 svenska företag som kvalificerat sig in på Deloittes lista Sweden Technology Fast 50. Varje år listar Deloitte de 50 snabbast växande teknikföretagen i Sverige. Vilken ranking Acconeer har bland de 50 kommer att meddelas i november.

Acconeer among Sweden's 50 fastest growing tech companies according to Deloitte

Acconeer is among the 50 Swedish companies qualified for Deloitte's list Sweden Technology Fast 50. Every year, Deloitte lists the 50 fastest growing tech companies in Sweden. Which ranking Acconeer has among the 50 will be announced in November.

Acconeer utvecklar modul baserad på den nya pulsade koherenta radarsensorn A121

Den nya modulen - som blir den första med den nya radarsensorn A121 - kommer att heta XM125 Entry+ Module. Den kommer att ha ultralåg strömförbrukning, enastående systemkostnad och lödbar design för optimerad integration i massproducerade lösningar. Modulen planeras att vara tillgänglig för kunder under Q1 2023.

Acconeer develops module based on the new A121 pulsed coherent radar sensor

The new module - which will be the first to integrate the new A121 radar sensor - will be called XM125 Entry+ Module. It will have ultra-low power consumption, outstanding system cost and solderable design for optimized integration into mass-produced solutions. The module is planned to be available for customers in Q1 2023.

Acconeer har levererat mer än 100 000 radarmoduler

Acconeer har nu skeppat mer än 100 000 moduler med radarsensorn A111 sedan företaget lanserade sin första modul i december 2018. Sedan dess har företaget släppt en rad populära moduler där en radarsensor kombineras med en mikroprocessor (MCU) och andra komponenter.

Acconeer has delivered more than 100 000 radar modules

Acconeer has now shipped more than 100 000 modules with the A111 radar sensor since the company launched its first module in December 2018. Since then, the company has released a range of popular modules where a radar sensor is combined with a microprocessor (MCU) and other supporting components.

Första bilen med Acconeers A1 radar sensor är nu lanserad

Acconeers A1 pulsade koherenta radarsensor används i en elbilsmodell från en av de två främsta amerikanska högvolymbilstillverkarna för access control, vilket möjliggör beröringsfri öppning och stängning av bagageutrymmet på en bil. Detta är den första kommersiellt tillgängliga bilen som använder Acconeers teknologi. Baserat på prognoser från distributören uppskattas värdet av lanseringen av denna modell till 6 100 000 SEK under tre år. Försäljning till denna kund återspeglas i försäljning till Acconeers distributörer.

First car using Acconeers A1 radar sensor now launched

Acconeer's A1 pulsed coherent radar sensor is used in an electrical car model from one of the top two American high-volume car makers for the use case access control, which allows touchless opening of the trunk of a car. This is the first commercially available car using the company's technology. Based on forecasts from the distributor, the value of the launch of this one model is estimated to USD 600 000 over three years. Sales to this customer is reflected in sales to Acconeer's distributors.

Delårsrapport Q2 2022

I andra kvartalet 2022 uppgick Acconeers nettoomsättning till 10 779 TSEK, och ökningen av produktintäkter var 120% jämfört med samma kvartal förra året. Ett rekordstort antal sensorer såldes, 167 654 och 21 294 moduler såldes. Sedan lansering har Acconeer sålt totalt 1 023 177 radarsensorer och 79 636 moduler. Under kvartalet såldes även 224 utvärderingskit, EVK, och den ackumulerade EVK-försäljningen sedan lansering uppgår vid kvartalets slut till 5 263. Bruttomarginalen i Q2 var 62% och hela 12 nya kundprodukter lanserades. I slutet av kvartalet skeppades utvärderingskit (EVK) för Acconeer's andra radarsensor, A121, till distributörer för försäljning.

Interim report Q2 2022

In the second quarter 2022, Acconeers net sales amounted to 10,779 kSEK, and the product revenue increased by 120% compared to the same quarter last year. A record number of sensors were sold, 167,654 and 21,294 modules were sold. In total, Acconeer has sold 1,023,177 radar sensors and 79,636 modules since launch. In the quarter 224 evaluation kits were sold, and an accumulated 5,263 EVKs have been sold since launch. The gross margin in Q2 was 62% and as much as 12 new customer products were launched. At the end of the quarter, an evaluation kit (EVK) for Acconeers second radar sensor, A121, was shipped to distributors for sale.

Acconeer registrerar ökat antal aktier genom teckning via teckningsoptioner

Acconeer ABs aktiekapital och antal aktier har ökat till följd av utnyttjande av teckningsoptioner i serie TO2 (2019/2022). I och med detta ökar bolaget sin kassa med 17 miljoner kronor.

Acconeer registers an increased number of shares through subscription via warrants

Acconeer ABs share capital and number of shares have increased due to the exercise of warrants in series TO2 (2019/2022). As a result, the company is increasing its cash by SEK 17 million.

Acconeer får order från BEYD värd 3,2 miljoner SEK

Ordern avser Acconeers radarsensor A111 för kunders massproduktion, utvärderingskitet (EVK) XE121 och relaterade produkter, samt de kommande modulerna XM124 och XM123 och dessas EVK. BEYD är Acconeers kinesiska distributör och en viktig säljkanal för bolaget.

Acconeer receives order from BEYD worth 300 000 USD

The order relates to Acconeer's A111 radar sensor for customers' mass production, the evaluation kit (EVK) XE121 and related products, as well as the coming modules XM124 and XM123 including EVKs for these. BEYD is Acconeer's Chinese distributor and remains an important sales channel for the company.

Acconeer lanserar utvärderingskit för A121 - ny pulsad koherent radarsensor i produktfamiljen A1

Som tidigare meddelats introducerar Acconeer en ny högpresterande radarsensor, A121, och idag har utvärderingskit (EVK) för produkten skickats till distributörer och kommer snart att finnas tillgänglig för kunder att köpa. Radarsensorn A121 är planerad att vara klar för massproduktion under första kvartalet 2023.

Acconeer launches Evaluation Kit for A121 - new pulsed coherent radar sensor in A1 product family

As previously announced, Acconeer introduces a new high-performance radar sensor, A121, and today the evaluation kit (EVK) for the product has been shipped to distributors and will soon be available for customers to buy. The A121 radar sensor is planned to be ready for mass production in the first quarter of 2023.

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