- CEO
- Ted Hansson
- Full Time Employees
- 48
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- VAestra Varvsgatan 19 Malmö SN Sweden 211 77
- IPO Date
- Dec 11, 2017
- Business
- Acconeer AB (publ) Acconeer AB (publ) develops and markets ultra-low-power pulsed coherent radar sensors and modules for 3D sensing applications worldwide. The company offers the A121 radar sensor, which detects distance, speed, motion, and multiple objects up to 20 meters with millimeter accuracy in a compact 5x5 millimeter footprint; the A111 radar sensor for similar detection up to 12 meters; next-generation A2 sensor in development with partner Alps Alpine; radar modules including XM125 and XM124 for presence, motion, and people detection, XM123 for simplified use cases, XM126 and XM122 with integrated antennas, and XM132 pulsed coherent radar module; and evaluation kits such as XE121 and XE125 for developer support. Products serve automotive in-cabin presence detection, access control, and interior monitoring; tank level measurement for liquids and solids up to 23 meters; presence detection in baby monitors, smart toilets, thermostats, and door access; cargo and container monitoring for fill levels and security; industrial automation for distance measurement on carbon fiber and vibration sensing; as well as IoT, smart cities, consumer electronics, robotics, surveillance, healthcare, fitness, and agriculture, with operations spanning Europe, Asia, and the Americas. Founded in 2011 based on Lund University research and headquartered in Malmö, Sweden, Acconeer lists on Nasdaq First North Growth Market. Recent developments include a fully guaranteed rights issue of SEK 150 million in 2024 and a SEK 50 million share issue in early 2025 with SEK 25 million directed to Alps Alpine; largest order ever from NEXTY Electronics worth USD 1.8 million and major orders from BEYD, Restar, and a European IoT firm; automotive design wins totaling over SEK 330 million through 2032 including first A2 wins valued at USD 74 million lifetime; worldwide franchise distribution deal with Future Electronics; research grant of SEK 3.5 million with Sandvik for material classification; appointment of Ted Hansson as CEO in July 2024 to drive sales; new go-to-market strategy and organizational realignment for larger customers in core areas; launches in new applications like baby monitors and smart toilets; and shipments exceeding one million sensors with 44 customer products introduced in 2024 including Volvo EX90 and Polestar 3 models.