Business
Akoustis Receives $2 Million in Volume Orders for Wi-Fi 7 Program from Tier-1 Carrier
Tier-1 Customer to Use Akoustis’ Next-Generation 5.5 and 6.5 GHz Wi-Fi XBAW® Filters in Tri-Band 4x4 MIMO RouterSecured Wi-Fi 7 Filter Orders to Support
About this update from Aktis Oncology, Inc.
[{"type":"text","content":"Tier-1 Customer to Use Akoustis’ Next-Generation 5.5 and 6.5 GHz Wi-Fi XBAW® Filters in Tri-Band 4x4 MIMO RouterSecured Wi-Fi 7 Filter Orders to Support Production Beginning in July 2024 Through March 2025 Charlotte, N.C., June 27, 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 the company has received $2M in production orders from Tier-1 carrier customer to satisfy demand for two of its industry-leading XBAW® filters integrated into a Wi-Fi 7 platform. Wi-Fi technology continues to advance to enable higher data transfer rates and greater density per transmission. With the integration of multiple Akoustis XBAW® filters, the filters support the 5 and 6 GHz Wi-Fi bands with Multi-Link Operation (MLO) and higher throughput, lower latency, and 10 Gbps. The customer’s router caters to residential, small, and medium-sized businesses. The Company supported the initial ramp in first half of calendar year 2024 and received the recent volume orders to support production through the end of March 2025. Dave Aichele, Executive Vice President of Business Development of Akoustis, stated, “Akoustis is currently securing strong backlog in Wi-Fi 6E and new Wi-Fi 7 programs, which we expect to achieve record revenue in the September quarter.” Mr. Aichele continued, “As the demand for high-speed connectivity continues to rise, we are proud to provide compact, high-performance solutions that allow our customers to meet and exceed these expectations.” Akoustis maintains its momentum in advanced Wi-Fi and expects to announce additional and larger production orders in the coming weeks. 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 facilitat...