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Akoustis Technologies Inc - AKTS STOCK NEWS

Welcome to our dedicated page for Akoustis Technologies news (Ticker: AKTS), a resource for investors and traders seeking the latest updates and insights on Akoustis Technologies stock.

Akoustis Technologies Inc (AKTS) delivers cutting-edge RF filter solutions using proprietary bulk acoustic wave technology for mobile and IoT markets. This page provides investors and industry professionals with essential updates on corporate developments, technological breakthroughs, and strategic initiatives.

Access real-time press releases covering earnings reports, product launches, and partnership announcements. Our curated news collection helps stakeholders track AKTS's progress in addressing 5G connectivity challenges and semiconductor industry trends.

Key updates include:
Financial disclosures: Quarterly results and SEC filings
Technology milestones: BAW filter innovations and patent updates
Market expansions: New customer acquisitions and manufacturing partnerships

Bookmark this page for ongoing insights into Akoustis's role in advancing mobile connectivity solutions. Check regularly for authoritative updates directly from company sources and verified industry reports.

Rhea-AI Summary
Akoustis Technologies, Inc. announces the integration of its high-performance Akoustis XBAW® filters into a Tier-1 enterprise Wi-Fi solution. The company has received volume orders to support development efforts and facilitate production ramp-up in the second half of 2024. Akoustis continues to secure new design wins in target markets like Wi-Fi, 5G Infrastructure, Automotive, and Defense.
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Akoustis Technologies, Inc. announces two new high-performance 2.4 GHz bandedge RF filters for Wi-Fi applications, designed to improve Wi-Fi range and coexist with LTE bands. The filters are expected to enter production in the second half of 2024, offering robust power handling and high out-of-band rejection.
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Akoustis Technologies, Inc. (NASDAQ: AKTS) founder and CEO Jeff Shealy will attend the 36th Annual Roth Conference. The company reports robust demand and expanding sales pipeline for its XBAW® filter products, resonator, oscillator products, and semiconductor back-end services. Akoustis secures new design wins in Wi-Fi, 5G Infrastructure, Automotive, and Defense markets.
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Akoustis Technologies, Inc. (NASDAQ: AKTS) will exhibit at the GOMACTech Conference in Charleston, showcasing high-power, high-frequency RF solutions for Defense applications. Grinding & Dicing Services, Inc. will also feature their services.
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Akoustis Technologies, Inc. reports a 20% year-over-year increase in Q2 revenue, reaching $7.0 million, in line with prior guidance. The company anticipates record revenue in the March quarter, up 18 to 25% sequentially. Cost-saving initiatives aim to achieve operating cash flow breakeven by the end of the year. Recent business highlights include multiple design wins in Wi-Fi 7, 5G infrastructure, and defense sectors.
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Akoustis Technologies, Inc. secures orders from a Tier-1 customer to integrate its next-generation 5.5 and 6.5 GHz Wi-Fi 7 XBAW® filters into a 4x4 MIMO router platform, supporting enhanced data rates and reduced latency. The production ramp-up is scheduled for the September quarter of calendar year 2024, reflecting the company's strong position in the Wi-Fi market.
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Akoustis Technologies, Inc. has announced that multiple narrowband and wideband patented XBAW® filters are being designed into two new programs with an enterprise Wi-Fi access point solutions provider. The filters will be used in the company's new suite of leading 4x4 and 2x2 MU-MIMO Wi-Fi 7 AP routers, with volume orders received to support development and production ramp in the second half of 2024. Akoustis continues to secure new design wins in target markets including Wi-Fi, 5G Infrastructure, Automotive, and Defense.
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Akoustis Technologies, Inc. (NASDAQ: AKTS) will webcast its Q2FY24 results on February 13, 2024, at 8:00 am Eastern Time. The company reports robust demand and an expanding sales pipeline for its XBAW® filter products, new XBAW®/SAW resonator and oscillator products, and semiconductor back-end services. Akoustis continues to secure new design wins in target markets, including Wi-Fi, 5G Infrastructure, Automotive, and Defense.
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Akoustis Technologies, Inc. (AKTS) has closed its underwritten public offering of 20,000,000 shares of common stock at a price of $0.50 per share, with net proceeds of approximately $10.4 million. The company intends to use the funds for operations, growth, capital expenditures, research and development, commercialization of its technology, potential strategic transactions, and general corporate purposes.
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Akoustis Technologies, Inc. (NASDAQ: AKTS) has secured its first design win for a wireless Battery Management System (wBMS) chipset in Electric Vehicles (EVs) from a Tier-1 automotive product supplier. The design integrates Akoustis’ 2.4 GHz Bulk Acoustic Wave (BAW) filter, tailored for the Industrial, Scientific, and Medical (ISM) radio bands. The company has received small volume orders to support customer development leading to production ramp in the first quarter of the calendar year 2025. Akoustis continues to secure new design wins in target markets including Wi-Fi, 5G Infrastructure, Automotive, and Defense, with robust demand and an expanding sales pipeline for its products.
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Akoustis Technologies Inc

Nasdaq:AKTS

AKTS Rankings

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5.75M
149.46M
3.32%
14.03%
3.45%
Communication Equipment
Telephone & Telegraph Apparatus
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United States
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