Business
Akoustis Reports First Quarter Fiscal 2021 Results
– Company to Host Investor Update Call Today at 8:00 am Eastern – Charlotte, N.C., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ:
About this update from Aktis Oncology, Inc.
[{"type":"text","content":" – Company to Host Investor Update Call Today at 8:00 am Eastern – \n Charlotte, N.C., Nov. 02, 2020 (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 host an investor call to provide a business update and outlook, followed by a Q & A session this morning at 8:00 a.m. EST. The call-in numbers are 877-407-3982 (domestic) or 201-493-6780 (international). The conference call will be webcast live on the Company’s website and will be available for playback at the following URL: https://ir.akoustis.com/ir-calendar. Jeff Shealy, founder and CEO of Akoustis, commented, “The September quarter marked an important moment in our history as a company as we successfully entered production in two high volume commercial markets, namely, WiFi 6 and 5G small cell network infrastructure.\" Mr. Shealy continued, “Despite the ongoing COVID-19 pandemic, we achieved all of our strategic milestones for the September quarter. We are actively delivering volume production of our WiFi 6 tandem filter solution, ramping multiple 5G small cell XBAW™ filter solutions and supporting numerous engagements with our groundbreaking BAW-based WiFi 6E coexistence filters. With our growing catalog of commercially available RF filter products and technology aimed at large and growing markets including 5G network infrastructure, high-band WiFi, 5G mobile devices and advanced defense communications equipment, we expect continued top-line growth moving forward.” Recent Business Highlights Received first development order from new customer for XBAW™ filters for integration into mobile RF front end solutionsEntered production for new tier-1 consumer focused tri-band WiFi 6 product, which is expected to be available for purchase for the holiday seasonDelivered multiple engineering samples to existing tier-1 enterprise WiFi 6E customerAnnounced the world’s first 6.5 GHz BAW filter for the emerging WiFi 6E specification that covers the recently allotted ultra-wideband 5.9 to 7.1 GHz unlicensed spectrumAchieved robust sampling of WiFi 6E filters to tier-1 and tier-2 OEMs, ODMs and SoC customersAnnounced the first order for WiFi 6E 5.5 and 6.5 GHz tandem catalog solution from enterprise-class...