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

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.

Lars Lindell, CEO Acconeer, comments: "We are very pleased with our collaboration with BEYD. They have in a very short time created an impressive list of customer projects in China and this order will go to meet the needs of these customers, this is Acconeer's first purchase order that exceeds US$ 100,000 and thus an important milestone and a nice Christmas present.

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, 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 December 06 2019 09.30.

The following documents can be retrieved from beQuoted
Acconeer-receives-order-from-Chinese-BEYD.pdf

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 protected]. For more information: www.acconeer.com.

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