News | July 9, 2024

Akoustis Secures $8M In Volume XBAW® Orders With Tier-1 Customer

  • Tier-1 Customer to Utilize Multiple XBAW® Filters for Wi-Fi 6E and 7 Access Points
  • Volume Orders to Satisfy Customer’s Demand Through Fiscal Year 2025

Charlotte, NC (GLOBE NEWSWIRE) - Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that the Company has received $8M in new orders from a Tier-1 customer to satisfy the customer’s demand for four Wi-Fi Access Points (AP), which are either currently in production or ramping into production in the second half of calendar year 2024.

The purchase orders provide a significant backlog, and the Company plans to deliver millions of parts over the next six months to support the new demand for two Wi-Fi 6E APs that have been in production over the past year and two new Wi-Fi 7 programs ramping into production. Pursuant to the purchaser orders, Akoustis will be delivering a total of ten unique narrowband and wideband XBAW® filters, four of which are previous generation and six of which are next-generation designs focused on providing improved performance in a smaller form factor, demonstrating an overall lower cost platform.

The collaboration highlights the robust relationship with this Wi-Fi 7 customer. The customer’s architecture heavily relies on Akoustis’ high-performance BAW solutions and advanced filter capabilities. The Company is committed to providing solutions to support its growth and market success in the Wi-Fi market.

About Akoustis Technologies, Inc.
Akoustis® (http://www.akoustis.com/) is a high-tech BAW RF filter solutions company that is pioneering next-generation materials science and MEMS wafer manufacturing to address the market requirements for improved RF filters — targeting higher bandwidth, higher operating frequencies and higher output power compared to legacy polycrystalline BAW technology. The Company utilizes its proprietary and patented XBAW® manufacturing process to produce bulk acoustic wave RF filters for mobile and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end. Superior performance is driven by the significant advances of poly-crystal, single-crystal, and other high purity piezoelectric materials and the resonator-filter process technology which enables optimal trade-offs between critical power, frequency and bandwidth performance specifications.

Akoustis owns and operates a 125,000 sq. ft. ISO-9001:2015 registered commercial wafer-manufacturing facility located in Canandaigua, NY, which includes a class 100 / class 1000 cleanroom facility — tooled for 150-mm diameter wafers — for the design, development, fabrication and packaging of RF filters, MEMS and other semiconductor devices. Akoustis Technologies, Inc. is headquartered in the Piedmont technology corridor near Charlotte, North Carolina.

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Source: Akoustis, Inc.