Akoustis Adds Third Mobile Customer
Akoustis Technologies (NASDAQ: AKTS) has engaged with a new mobile customer to develop its XBAW™ filters for challenging 4G/5G bands, marking its third customer engagement in the mobile sector. The customer, a leading RF component company targeting Asian OEMs, aims to expand its use of XBAW™ filters if initial projects meet specifications. Akoustis plans to deliver samples in H1 2022 and ramp production capacity to 500 million filters annually by year-end 2021. The company currently offers 15 products in its XBAW™ catalog, with new WiFi 6E solutions under development.
- Engaged with a leading RF component company for new XBAW™ filter development.
- Plans to deliver initial samples in the first half of 2022.
- Production capacity expected to increase to 500 million filters annually.
- Currently offers 15 XBAW™ filters with plans to expand the product catalog.
- None.
- Company’s XBAW Filters Chosen for Its High Q BAW Technology Expected to Address Difficult Tx/Rx Coexist Requirements
- Akoustis Expects to Deliver First Samples in First Half 2022, with Production-Ready Devices Expected by End of Calendar 2022
- Announcement Marks the Third Active XBAW Mobile Customer Engagement for Akoustis
Charlotte, NC, Nov. 01, 2021 (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 signed a statement of work with a new mobile customer to develop a XBAW™ filter for a challenging 4G/5G band.
This new customer is a leading 4G/5G RF component company focused on Asian handset OEMs, which is looking to leverage Akoustis’ leading XBAW™ filter technology to address difficult frequency bands in 4G and 5G mobile applications. The customer expects to expand its use of XBAW™ filters in additional frequency bands if this initial statement-of-work is completed on time and within the stated specifications. This brings the number of active customer engagements in mobile for Akoustis to three, all of which are planning production ramps in late calendar 2022, or early calendar 2023.
Jeff Shealy, founder and CEO of Akoustis, stated, “We are experiencing a growing number of customer engagements as our sales pipeline continues to expand across all of our target markets.” Mr. Shealy continued, “This new mobile customer selected our patented XBAW™ technology given its superior isolation and rejection performance, and we expect that this will be the first of multiple mobile filters we develop for this leading RF component maker over the next few years.”
Akoustis is actively delivering volume production of its WiFi 6 tandem filter solutions, shipping multiple 5G small cell XBAW™ filter solutions, delivering initial designs of its new 5G mobile filter solutions to multiple customers and is now entering the market with its new WiFi 6E coexistence XBAW™ filter solutions.
Given the rapidly growing sales funnel activity as well as ongoing interaction with customers regarding expected ramps in 5G mobile, WiFi 6 and WiFi 6E in calendar 2022, the Company plans to increase the annual production capacity at its New York fab by the end of calendar 2021 to approximately 500 million filters per year.
Akoustis currently has 15 commercial XBAW™ filters in its product catalog, and recently introduced 5.6 GHz and 6.6 GHz WiFi 6E coexistence filter modules, which when qualified, will bring the number of catalog products to 17. Current product catalog filters include a 5.6 GHz WiFi filter, a 5.2 GHz WiFi filter, a 5.5 GHz WiFi-6E filter, a 6.5 GHz WiFi 6E filter, three small cell 5G network infrastructure filters including two Band n77 filters and one Band n79 filter, a 3.8 GHz filter and five S-Band filters for defense phased-array radar applications, a 3.6 GHz filter for the CBRS 5G infrastructure market and a C-Band filter for the unmanned aircraft systems (UAS) market. The Company is also developing several new filters for the sub-7 GHz bands targeting 5G mobile device, network infrastructure, WiFi CPE and defense markets.
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 incumbent polycrystalline BAW technology deployed today. The Company utilizes its proprietary and patented XBAWTM manufacturing process to produce bulk acoustic wave RF filters for mobile and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end. Superior performance is driven by the significant advances of poly-crystal, high-purity and single-crystal piezoelectric materials and the resonator-filter process technology which enables optimal trade-offs between critical power, frequency and bandwidth performance specifications.
Akoustis plans to service the fast growing multi-billion-dollar RF filter market using its integrated device manufacturer (IDM) business model. The Company owns and operates a 120,000 sq. ft. ISO-9001:2015 registered commercial wafer-manufacturing facility located in Canandaigua, NY, which includes a class 100 / class 1000 cleanroom facility - tooled for 150-mm diameter wafers - for the design, development, fabrication and packaging of RF filters, MEMS and other semiconductor devices. Akoustis Technologies, Inc. is headquartered in the Piedmont technology corridor near Charlotte, North Carolina.
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FAQ
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