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Press release

Acconeer has delivered more than two million radar sensors

Acconeer

As of today, Acconeer has shipped more than two million of its A1Pulsed Coherent Radar sensors, accumulated since the company started selling Evaluation Kits (EVKs) in February 2018.

Lars Lindell, CEO Acconeer, comments: "Today we are happy to have passed the milestone of two million sensors shipped since we started selling it online. Since the start, we have seen a steady increase of the pace at which we pass these milestones, and now we are looking to increase the rate we sell at even further to reach new important sales achievements."

From sales start to one million sensors sold took us more than four years, and now in only 18 more months we have sold our second million. We expect the pace to pick up even more and believe we will reach three million in a much shorter time. Since 2021, Acconeer reports accumulated sales in financial reports, by the end of 2023 the company had sold in total just over 1,9 million 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). For more information: www.acconeer.com.

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Acconeer has delivered more than two million radar sensors

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