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Akoustis Receives Two New Wi-Fi 6E Design Wins
One Design Win with Wi-Fi 6E Access Point Customer for European Communications Carrier Market - Customer Currently RampingOther Design Win with Tier-1

About this update from Aktis Oncology, Inc.
[{"type":"text","content":"One Design Win with Wi-Fi 6E Access Point Customer for European Communications Carrier Market - Customer Currently RampingOther Design Win with Tier-1 Enterprise-Class Customer for Wi-Fi 6E User Experience Sensor Solution - Customer Expected to Ramp in Second Half 2023 Both Design Wins Utilize MU-MIMO Architectures, Multiple Filters Per End Product Charlotte, N.C., May 24, 2023 (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 received two new Wi-Fi 6E design wins, one of which has already entered production for the European carrier market. The design win for the European carrier market uses the Akoustis 5.5 GHz and 6.5 GHz XBAW® Wi-Fi 6E filters for access points (APs) that employ a 4X4 multi-user, multiple-in-multiple-out (MU-MIMO) architecture to enable high data throughput and low latency. The second design win is with an existing tier-1 enterprise customer that is using multiple custom XBAW® filters to enable a unique user experience sensor to test and monitor networks. Dave Aichele, EVP of Business Development at Akoustis, stated, “Our design win activity in Wi-Fi 6E remains one of the most significant drivers of revenue and unit growth for Akoustis.” Mr. Aichele continued, “We have multiple consumer, enterprise-class, and now service-provider class Wi-Fi 6E customers. Additionally, we expect increased interest in our Wi-Fi 7 filter solutions as we iterate higher-performing versions of our existing standard products, introduce new products, including the recent sampling of our 5.6 GHz and 6.6 GHz Wi-Fi 6E/7 XBAW® solutions, offer customized solutions, and grow our foundry business across Wi-Fi and 5G mobile.” Akoustis continues to experience strong demand and a growing sales funnel for its Wi-Fi, 5G mobile, and 5G infrastructure products, as well as its new XBAW®/SAW resonator and oscillator products, and semiconductor back-end services. During the June quarter, the Company plans to ship samples of its new 5.6 GHz/6.6 GHz Wi-Fi 6E/7 XBAW® filter products to multiple customers. Akoustis continues to add new Wi-Fi design wins, many of which are expected to ramp into production in calendar 2023. About Akoustis Techn...