- Two Design Wins from Leading European Carrier-Class Wi-Fi OEM
- One Design Win from Global Network Communication Solutions Provider for Carrier-Class Wi-Fi Connectivity
- All Three Design Wins Use 4×4 MU-MIMO Architectures with One Expected to Enter Production in Calendar 2022 and Two in Calendar 2023
Charlotte, N.C., Oct. 26, 2022 (GLOBE NEWSWIRE) — Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an built-in system producer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for cell and different wi-fi purposes, introduced that it has obtained three new Wi-Fi 6E design wins for carrier-class purposes.
Two design wins are for a number one European carrier-class Wi-Fi OEM that shall be utilizing the Akoustis 5.5 GHz and 6.5 GHz customary XBAW® coexistence filter options, in addition to the 5.6 GHz and 6.6 GHz customary XBAW® coexistence filter options that permits for higher utilization of the U-NII 4 band. The first Wi-Fi 6E router is predicted to ramp manufacturing by the tip of calendar 2022 and the second router is predicted to start ramping by the tip of the March 2023 quarter. The third design win is for a worldwide community communication options supplier that shall be utilizing the Akoustis 5.6 GHz and 6.6 GHz customary XBAW® coexistence options to promote a Wi-Fi 6E extender to its service associate, with a manufacturing ramp anticipated by August of calendar 2023.
Dave Aichele, EVP of Business Development at Akoustis, acknowledged, “We are expanding the number of new customers in high-frequency, advanced Wi-Fi systems with consumer, enterprise and now carrier-class design wins.” Mr. Aichele continued, “The interest in our portfolio of next generation Wi-Fi 6E and Wi-Fi 7 devices that offer superior performance in chip scale packages continues to grow and we expect numerous additional design wins in the coming months.”
Earlier in October, Akoustis introduced new subsequent era Wi-Fi 6E and Wi-Fi 7 filter options designed to fulfill the stringent rejection necessities enabling coexistence with the U-NII 1-3 and U-NII 5-8 frequency bands. They supply what Akoustis believes is one of the best out-of-band rejection functionality accessible immediately, and at a considerably lowered measurement given Akoustis’ new chip-scale packages manufactured in its Upstate New York semiconductor chip fabrication facility.
Akoustis is at present ramping business manufacturing and is investing to attain annual manufacturing capability of roughly 500 million items. Akoustis is actively delivering quantity manufacturing of its Wi-Fi 6 and Wi-Fi 6E tandem filter options, transport a number of 5G small cell XBAW® filter options and delivering preliminary designs of its new 5G cell filter options to a number of clients. To date, Akoustis has obtained greater than 20 buyer design wins for its patented XBAW® filter options.
About Akoustis Technologies, Inc.
Akoustis® (http://www.akoustis.com/) is a high-tech BAW RF filter options firm that’s pioneering next-generation supplies science and MEMS wafer manufacturing to deal with the market necessities for improved RF filters – concentrating on larger bandwidth, larger working frequencies and better output energy in comparison with legacy polycrystalline BAW know-how. The Company makes use of its proprietary and patented XBAW® manufacturing course of to supply bulk acoustic wave RF filters for cell and different wi-fi markets, which facilitate sign acquisition and speed up band efficiency between the antenna and digital again finish. Superior efficiency is pushed by the numerous advances of poly-crystal, single-crystal, and different excessive purity piezoelectric supplies and the resonator-filter course of know-how which allows optimum trade-offs between essential energy, frequency and bandwidth efficiency specs.
Akoustis plans to service the quick rising multi-billion-dollar RF filter market utilizing its built-in system producer (IDM) business mannequin. The Company owns and operates a 120,000 sq. ft. ISO-9001:2015 registered business wafer-manufacturing facility positioned in Canandaigua, NY, which features a class 100 / class 1000 cleanroom facility – tooled for 150-mm diameter wafers – for the design, growth, fabrication and packaging of RF filters, MEMS and different semiconductor gadgets. Akoustis Technologies, Inc. is headquartered within the Piedmont know-how hall close to Charlotte, North Carolina.
Forward-Looking Statements
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Factors that would trigger precise outcomes to vary materially from these at present anticipated embody, with out limitation, dangers referring to our incapability to acquire ample financing and maintain our standing as a going concern; our restricted working historical past; our incapability to generate revenues or obtain profitability; the outcomes of our analysis and growth actions; our incapability to attain acceptance of our merchandise available in the market; the likelihood that the anticipated advantages from business acquisitions (together with the acquisition of RFMi) won’t be realized in full or in any respect or might take longer to appreciate than anticipated; the likelihood that prices or difficulties associated to the mixing of acquired companies’ (together with RFMi’s) operations shall be higher than anticipated and the potential for disruptions to our business throughout integration efforts and pressure on administration time and sources; the influence of a pandemic or epidemic or a pure catastrophe, together with the COVID-19 pandemic, the Russian-Ukrainian battle and different sources of volatility on our operations, monetary situation and the worldwide economy, together with its influence on our means to entry the capital markets; will increase in costs for uncooked supplies, labor, and gas brought on by rising inflation; normal financial situations, together with upturns and downturns within the trade; shortages in provides wanted to fabricate our merchandise, or wanted by our clients to fabricate gadgets incorporating our merchandise; our restricted variety of patents; failure to acquire, preserve, and implement our mental property rights; claims of infringement, misappropriation or misuse of third occasion mental property, together with the lawsuit filed by Qorvo, Inc. in October 2021, that, no matter benefit, may end in important expense and negatively influence our business outcomes; our incapability to draw and retain certified personnel; our reliance on third events to finish sure processes in reference to the manufacture of our merchandise; product high quality and defects; current or elevated competitors; our means to efficiently manufacture, market and promote merchandise based mostly on our applied sciences; our means to fulfill the required specs of shoppers and obtain qualification of our merchandise for business manufacturing in a well timed method; our incapability to efficiently scale our New York wafer fabrication facility and associated operations whereas sustaining high quality management and assurance and avoiding delays in output; the speed and diploma of market acceptance of any of our merchandise; our means to attain design wins from present and future clients; contracting with clients and different events with higher bargaining energy and agreeing to phrases and situations which will adversely have an effect on our business; dangers associated to doing business in overseas international locations, together with China; any safety breaches, cyber-attacks or different disruptions compromising our proprietary info and exposing us to legal responsibility; our failure to innovate or adapt to new or rising applied sciences, together with in relation to our opponents; our failure to adjust to regulatory necessities; outcomes of any arbitration or litigation which will come up; inventory volatility and illiquidity; dilution brought on by any future issuance of widespread inventory or securities which are convertible into or exercisable for widespread inventory; our failure to implement our business plans or methods; and our means to keep up efficient inner management over monetary reporting. These and different dangers and uncertainties are described in additional element within the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of the Company’s most up-to-date Annual Report on Form 10-Okay and in subsequently filed Quarterly Reports on Form 10-Q. Considering these dangers, uncertainties and assumptions, the forward-looking statements concerning future occasions and circumstances mentioned on this doc might not happen, and precise outcomes may differ materially and adversely from these anticipated or implied within the forward-looking statements. You shouldn’t depend upon forward-looking statements as predictions of future occasions. 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