Akoustis Technologies — Investor Presentation (October 2016)
20 slides from Akoustis Technologies's investor presentation, Oct 31, 2016
Slide 1: Innovation in Single Crystal Bulk Acoustic Wave Technology
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY NOVEMBER 2016 WIDEBAND TECHNOLOGY THAT PROVIDES TRILLIONS OF CRYSTAL CLEAR MESSAGES
Slide 2: Forward-Looking Statements
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY FORWARD - LOOKING STATEMENTS Statements in this presentation that are not descriptions of historical facts are forward - looking statements that are based on management’s current expectations and assumptions and are subject to risks and unce
Slide 3: Major Progress in 2+ Years
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY MAJOR PROGRESS IN 2+ YEARS. MISSION - PROGRESS Our mission May ' 14 Company founded Dec ' 14 National Science Foundation (NSF) Phase 1 awarded May ' 15 First resonators, transfer process to Foundry partner Jun ‘16 Expanded IP Portfolio: (8)
Slide 4: $10.8M of Investments and Grants in Use
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY $10.8M OF INVESTMENTS AND GRANTS IN USE STOCK - INVESTMENT AKTS Share Price ( 10 / 26 /1 6 ) $ 4.14 Market Cap ( 10 / 26 /1 6 ) $ 64 M Fully Diluted Shares Outstanding 15 . 6 M Insider Ownership 3 2 % Year End June 30 Legal Counsel Womble Ca
Slide 5: Management Team & Partners
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY MANAGEMENT TEAM & PARTNERS JEFF SHEALY CEO, DIRECTOR CINDY PAYNE CFO MARK BOOMGARDEN VP OPS DAVID AICHELE VP BUS DEV SHAWN GIBB CHIEF MATERIAL SCIENTIST RAMA VETURY CHIEF DEVICE SCIENTIST 20YRS+ Industry Exp., Financial Mgmt., BSBA & CPA 20Y
Slide 6: Independent Board Members
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY INDEPENDENT BOARD MEMBERS JERRY NEAL CO - CHAIRMAN, DIRECTOR ART GEISS CO - CHAIRMAN, DIRECTOR STEVE DENBAARS DIRECTOR JEFF MCMAHON DIRECTOR Founded RFMD (now Qorvo), 35 YRS+ RF and Wireless Industry Experience Former VP Operations RFMD (now
Slide 7: Mobile Market Filter Opportunity
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY 7 MOBILE MARKET FILTER OPPORTUNITY Increasing Demand Premium Filters Improve Consumer Experience - Extend battery life - Reduce phone heat - Maximize signal strength Exploding Data Growth 0 5 10 15 20 2015 2016 2017 2018 2019 2020 # of High
Slide 8: Resonators & Filters Enable Communication
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY Smartphone RF Front End (RFFE) is between the antenna and the digital baseband system. Amps Filters Switches Resonators Akoustis’ Focus Resonators are the building blocks of RF filters; blocks unwanted signals in the RFFE. RFFE RF filter per
Slide 9: Mobile Acoustic Filter Market
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY Mobile Communications $6.7B Other $2.2B Industrial Wireles Comm. Satcom Military Other Source: Mobile Experts 2016, Akoustis Dedalus Consulting 2015, Milcom /AESA /JCREW Wireless Infrastructure Small Cells Telematics / Satellite Radio 2016 (
Slide 10: Mobile Acoustic RF Filter Market
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY BAW Filters (High Band) SAW Filters (Low Band) □ BAW segment is the fastest growing RF filter opportunity (>20B discrete units) □ Wide bandwidth, higher frequency innovation enables new BAW Player 2020 (Projected) AKTS’ Focus using its paten
Slide 11: Advantages of AKTS Single Crystal BAW
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY 11 ADVANTAGES OF AKTS SINGLE CRYSTAL BAW Intensity (au) Delay Time ( ps ) High Sound Velocity High Bandwidth High Power Handling High power, wide bandwidth RF filters operating at high frequency -3 -2.5 -2 -1.5 -1 -0.5 0 0.5 1 25 27 29 31 33
Slide 12: Akoustis IP – Barriers to Entry
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY AKOUSTIS IP – BARRIERS TO ENTRY System End user High Selectivity Filters Package Technology Acoustic Devices & Manufacturing Piezo Materials Platform Substrates IP PORTFOLIO □ Foundational single crystal BAW devices and RF filters □ 8 Patent
Slide 13: Advancements in Single Crystal BAW Resonators
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY ADVANCMENTS IN SINGLE CRYSTAL BAW RESONATORS 13 2015 2016 0 50 100 150 Technology Figure - of - Merit (FOM) commercial threshold 152 New Gen2 Piezo Gen1 Piezo Akoustis Single Crystal Resonator - FOM 2015 2016 0 500 1000 1500 2000 2500 3000 Q
Slide 14: Measured Single Crystal RF Filter Demonstrator
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY MEASURED SINGLE CRYSTAL RF FILTER DEMONSTRATOR □ Low passband loss □ Excellent out - of - band Isolation □ High Band Operation □ Wide Passband □ First pass realization of 11 - element design RF filter Circuit 14 Passband Performance Broadban
Slide 15: Akoustis Technology Reach
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY AKOUSTIS TECHNOLOGY REACH □ Expect BAW filters will cannibalize SAW filter market as 4G/LTE licensed spectrum continues deploying □ Opportunity for single crystal BAW to dominate emerging 5G Wi - Fi and 5G Mobile where higher performance RF
Slide 16: Target Market
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY 16 TARGET MARKET RFFE Smartphone BB SoC Developing sales pipeline for delivery of BulkONE RF filter product in 2017 4 - Phase development cycle provides visibility and reporting on our milestones
Slide 17: First Customer Engagement
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY 17 FIRST CUSTOMER ENGAGEMENT □ Leading Chinese RFFE Manufacturer □ Multiple agreements signed, including Product Supply Agreement □ Approved supplier to Tier 1 & 2 Asia Mobile Phone OEMs □ Establishes strong channel to service fast - growing
Slide 18: Manufacturing Supply Chain
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY MANUFACTURING SUPPLY CHAIN □ Single crystal piezoelectric core material : 2 nd generation recipe delivers superior performance - ready for technology qualification □ Akoustis - owned single crystal resonator technology : Quality factor (Q) i
Slide 19: Summary
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY SUMMARY □ Large and growing high band RF filter market; fastest growing acoustic wave RF filter segment □ Rapid developmen t of patented, single crystal BAW technology achieved » FOM (152) achieved » First high isolation RF filters demonstra
Slide 20: Contact Us
INNOVATION IN SINGLE CRYSTAL BULK ACOUSTIC WAVE TECHNOLOGY 9805 - H Northcross Center Court Huntersville, NC 28078 www.akoustis.com Contact CONTACT US Bob Prag Del Mar Consulting Group Investor Relations (858) 794 - 9500 bprag@delmarconsulting.com Jeff Shealy President & CEO (704) 274 - 3599 jshealy
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