Core Viewpoint - Akoustis Technologies has secured orders for its next-generation Wi-Fi 7 XBAW® filters, which will be integrated into a 4x4 MIMO router platform for a major US carrier serving over 32 million residential customers, with production ramp-up expected in the September quarter of 2024 [1][2][3] Group 1: Product Details - The Wi-Fi 7 coexistence filters include a 5.5 GHz filter for U-NII 5 through 8 and a 6.5 GHz filter for U-NII 1 through 3, both in a compact 1.6 x 1.8 mm package [2] - These filters support enhanced Wi-Fi 7 data rates up to approximately 46 Gbps, which is about five times the maximum data rate of Wi-Fi 6E [2] Group 2: Company Performance and Strategy - The CEO of Akoustis highlighted that this design win marks a significant milestone and reflects the company's strong position in the Wi-Fi market [3] - The company is experiencing robust demand and an expanding sales pipeline for its XBAW® filter products, as well as new XBAW®/SAW resonator and oscillator products [3] Group 3: Market Position and Manufacturing - Akoustis aims to address the growing multi-billion-dollar RF filter market through its integrated device manufacturer (IDM) business model [5] - The company operates a 125,000 sq. ft. ISO-9001:2015 registered wafer-manufacturing facility in Canandaigua, NY, equipped for the design, development, fabrication, and packaging of RF filters and other semiconductor devices [5]

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Tier-1 Customer to Use Multiple Akoustis XBAW® Filters in 4X4 and 2X2 MU-MIMO Enterprise Access Point PlatformsHas Received Volume Orders to Facilitate Production Ramp in the Second Half of Calendar Year 2024 Charlotte, N.C., Feb. 08, 2024 (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 multiple narro ...

Charlotte, N.C., Feb. 06, 2024 (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, will webcast its Q2FY24 results on Tuesday, February 13, 2024, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call. To listen to the call by telephone, please dial 877-407-3982 (domestic) or 201-493- ...

Charlotte, N.C., Jan. 29, 2024 (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 the closing of its previously announced underwritten public offering of 20,000,000 shares of its common stock at a price to the public of $0.50 per share, including the exercise in full by the underwriter of its option to purchas ...

First BAW Design Win at a Tier-1 Automotive Customer in the Fast-Growing EV Market Segment Based on IC Reference Design by a Leading Semiconductor Supplier Production Expected to Ramp in the March Quarter of Calendar Year 2025 Charlotte, N.C., Jan. 29, 2024 (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 t ...

Board Co-Chair, CEO, CPO, and Other Company Management and Employees Investing $1 Million Charlotte, N.C., Jan. 25, 2024 (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 it has priced its underwritten public offering of 20,000,000 shares of its common stock at a public offering price of $0.50 per shar ...

Group 1 - Akoustis Technologies announced a proposed public share offering, which has led to a decline in its stock price [1] - The company intends to sell shares through an underwritten public offering but has not disclosed the pricing or the number of shares [1] - Roth Capital Partners is the sole manager for the stock offering and the company plans to grant the underwriter a 30-day option to acquire additional shares [1] Group 2 - The public offering will increase the total number of outstanding shares, diluting the stakes of current investors, contributing to the stock's decline [2] - Public offerings are typically priced below the current stock value, which is likely to be the case for AKTS, further impacting the stock price negatively [2] - As of Thursday morning, AKTS stock is down 33.3% with approximately 163,000 shares traded, compared to a daily average trading volume of about 678,000 shares [2]

Charlotte, N.C., Jan. 24, 2024 (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 it intends to offer and sell shares of its common stock in an underwritten public offering.  Akoustis expects to grant the underwriters a 30-day option to purchase additional shares of common stock sold in the offering solel ...

Second Tier-1 Customer to Use Multiple Akoustis 5 GHz and 6 GHz Wi-Fi 7 Filters for a 4X4 MU-MIMO AP PlatformHas Received Prototype Orders to Enable Production Ramp in the Second Half Calendar Year 2024 Charlotte, N.C., Jan. 10, 2024 (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 five of its patented ...