Kontron AG / AT0000A0E9W5

Kontron: Another design win of over EUR 50 million from a heavy machinery manufacturer – Design win volume increases to EUR 3.7 billion

Kontron AG / Key word(s): Development of Sales


23.11.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

---

• Development contract for autonomous driving and operational computer platforms • Renowned customer in the heavy engineering sector • Total volume of EUR 50 million with deliveries starting in year 2025 • Current design win volume increases to EUR 3.7 billion   Linz, 23 November 2023 – Kontron AG, a leading global IoT technology company, continues to see high demand for IoT solutions. The company achieved another design win with revenues of around EUR 50 million. Starting in year 2025, Kontron will support a renowned customer from the heavy engineering sector with autonomous applications over several years. Kontron will develop and provide autonomous driving and operating computer platforms for the customer that enable partially to fully autonomous vehicle functions for 24/7 operation. The solution offered meets demanding requirements, is extremely robust, achieves very high performance and works under extreme temperatures. In addition to the technical solution, the design win also includes long-term product support of up to 10 years from the Kontron engineering team, which can draw on extensive knowledge and experience of robust autonomous systems. Kontron's heavy equipment IoT solutions directly address the customer's current and future challenges. Many large trucks and other vehicles operate in remote areas such as mines. For safety reasons, drivers must change every eight hours. Not only is shift work in such demanding environments very expensive, the lack of experienced and qualified drivers can even lead to unwanted downtime. Therefore, operators of heavy machinery are increasingly relying on automation technology to ensure continuous, reliable operation and increase efficiency. The EvoTrac-S1901 system platform from Kontron will be used. It features the latest high-performance processor technique and is designed to meet future vehicle requirements in terms of artificial intelligence, deep learning with GPU and accelerator functions. Designed to accelerate the deployment of demanding heavy mobile equipment applications in agriculture and mining as well as trucking and in the construction business, the compact platform is unmatched in its flexibility. For more information on EvoTRAC-S1901 please visit: EvoTRAC-S1901 | Kontron      About Kontron Kontron AG (www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, medical and energy solutions, the company delivers technologies that add value for its customers. Kontron is listed on the SDAX® and TecDAX® of the German Stock Exchange and has around 4,700 employees with subsidiaries in more than 20 countries around the world.   Follow Kontron: Kontron on Twitter Kontron on LinkedIn News about Kontron can also be found on the official Kontron blog     Media Contact   Barbara Jeitler Kontron AG – Investor Relations Tel: [phone] [e-mail]   Alexandra Kentros Kontron AG - Communications Tel: [phone] [e-mail]   Jan Lauer Profil Marketing OHG Tel: [phone] [e-mail]     All rights reserved. Kontron is a trademark or registered trademark of Kontron AG. All data is for information purposes only and not guaranteed for legal purposes. Information in this press release has been carefully checked and is believed to be accurate; however, no responsibility is assumed for inaccuracies.

---

23.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---

Language:	English
Company:	Kontron AG
	Industriezeile 35
	4020 Linz
	Austria
Phone:	[phone] - 0
E-mail:	[e-mail]
Internet:	https://www.kontron.com
ISIN:	AT0000A0E9W5
WKN:	A0X9EJ
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; BX, Vienna Stock Exchange (Vienna MTF)
EQS News ID:	1777663

End of News	EQS News Service

---

1777663  23.11.2023 CET/CEST