Company Research Report: aconnic AG
Company Overview
- Name: aconnic AG
- Mission of the Company: aconnic AG is focused on reducing energy needs and enhancing communication networks, emphasizing sustainability, network security, energy efficiency, and supporting climate neutrality initiatives through innovative communications technology and carbon capturing.
- Founded: aconnic is a newly established brand formed from the merger of UET Group and its operating units: albis-elcon, SUCONI, Albis Engineering, and Albis Technologies.
- Key People:
- CEO: Werner Neubauer
- Headquarters: Riesstraße 16, D-80992 Munich, Germany
- Number of Employees: Over 250 professionals
- Revenue: In 2023, aconnic AG generated revenue of approximately 73 million EUR with a growth of around 45%.
- What the Company is Known For: aconnic AG is recognized as an international technology supplier for telecommunications equipment, notably in the areas of communication networks and carbon capturing & bio-energy solutions.
Products
Gigabit Systems
- ACCEED 8000
- Description: An optical 100 Gigabit system designed for data centers and mobile networks, facilitating seamless network efficiency and scalability from Megabits to beyond 100 Gigabits.
- Key Features:
- Extremely low latency, supporting sub-millisecond precision for real-time applications.
- Advanced data traffic management, boosting 5G and IoT requirements.
- Significant reduction in MPLS costs, increased performance, scalable, synchronized, and secure infrastructure.
Network Services
- Provides comprehensive services for the establishment and operation of proprietary and third-party systems, adapting to individual project needs.
Engineering & Managed Supply
- Offers customer-specific development, procurement, manufacturing, and logistics solutions.
Sustainable Solutions
- Carbon Capturing & Bio-Energy
- Description: Focuses on the storage and reduction of CO2 emissions using technologically innovative and nature-based methods.
- Key Features: Tree planting projects and issuing certified CO2 offset certificates.
Recent Developments
Financial Performance
- Half-Year Report 2024: Sales decreased by 8% compared to the previous year, due to project delays influenced by economic slowdowns in key markets.
- Order Backlog: Increased significantly to 49.9 million EUR as of June 30, 2024.
Product Launches & New Features
- Launch of the ACCEED 8000: Enhanced to support both artificial intelligence and the demands of 5G/6G technologies, with international sales commencing.
- Upcoming launches include a software-defined 10 Gigabit system and a new generation of network management systems.
Partnerships and Collaborations
- Expanded partnership with Advantech to support 5G and 6G wireless technologies.
Business Segment Growth
- Carbon Capturing & Bio-Energy: Planned revenue growth of around 1.5 million EUR in 2024 and is set to expand.
- Ongoing investment in sustainability, including CO2 storage facilities and renewable energy sources derived from biomass.
Strategic Focus
- Emphasis on long-term development and sustainable energy solutions.
- Expansion of international sales presence and technology supplies, reinforcing European strategic and technology autonomy.
This structured and dense report presents key aspects of aconnic AG's operations, products, financial status, and recent developments, reflecting its contribution to modern telecommunication challenges and sustainability efforts.