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DGAP-News: First Sensor extends collaboration with Canadian expert for machine vision

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor extends collaboration with Canadian expert for machine vision
28.11.2019 / 08:00
The issuer is solely responsible for the content of this announcement.


First Sensor extends collaboration with Canadian expert for machine vision

- Delivery of image sensor boards planned until fall 2026

- Deeper foothold in North America with imaging growth driver

First Sensor AG, a developer and manufacturer of standard products and customer-specific sensor solutions, is producing image sensors for a new camera family for a Canadian technology leader for industrial visual inspection in the field of machine vision. The project has a term of seven years. The key customer is planning to reach its first volume target in the coming year and to gradually increase deliveries five-fold in the years ahead. The agreement replaces existing orders for the packaging of image sensor technology for camera boards that are being replaced by the new product generation.

"Imaging is a growth driver for First Sensor. Given the high demand for optical inspection in Industry 4.0, we can significantly expand business with our key customer with the new order. The new camera generation will set new benchmarks in machine vision," said Dr. Dirk Rothweiler, CEO of First Sensor AG. "To guarantee an optimal image result, almost every available display in a household is already tested by our customer's products. With our expertise in photonics and microelectronic packaging, we are helping to further advance this technological leadership in machine vision."

The new product generation of the North American company comprises twelve high-performance cameras that capture up to 300,000 images per second. Industrial systems mainly use such images in automation technology and quality assurance. One of the key factors for the new order is the expertise of Dresden's First Sensor Microelectronic Packaging GmbH in the processing of optical sensors and the assembly of large and long chips. The collaboration with the international industrial image processing and machine vision expert has been ongoing for around 15 years already.

About First Sensor AG
Founded as a technology start-up in the early 1990s, today, First Sensor is a global player in sensor technology. Based on our know-how in chip design and production as well as microelectronic packaging, standard sensors and customer-specific sensor solutions are developed in the fields of photonics, pressure and advanced electronics for the ever-growing demand in key applications for the target markets of Industrial, Medical and Mobility. The strategy is aimed at profitable growth and focuses on key customers and products, forward integration and strengthening our international presence. First Sensor has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN DE0007201907 Ι SIS]. Further information: www.first-sensor.com.

Disclaimer
Statements in this report relating to future developments are based on a prudent estimate of future events. Actual events of the company may deviate significantly from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

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28.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 922833

 
End of News DGAP News Service

922833  28.11.2019 

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems and part of TE Connectivity. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.

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