Akoustis Technologies Inc - AKTS STOCK NEWS

Akoustis Technologies, Inc. (AKTS) plans to offer and sell shares of its common stock in an underwritten public offering. The company expects to grant the underwriters a 30-day option to purchase additional shares. The offering is subject to market conditions, and the net proceeds will be used for operations, capital expenditures, research and development, commercialization of its technology, potential strategic transactions, and general corporate purposes.

Akoustis Technologies, Inc. (NASDAQ: AKTS) announced that five of its patented XBAW® filters are being designed into a new quad-band enterprise Wi-Fi access point platform. The company has received prototype orders to enable production ramp in the second half of the calendar year 2024. The CEO, Jeff Shealy, highlighted the robust demand and expanding sales pipeline for its filter products, resonator and oscillator products, and semiconductor back-end services.

Akoustis Technologies, Inc. (NASDAQ: AKTS) announced its senior management's attendance at the 26th Annual Needham Conference on January 16, 2024. The company continues to experience robust demand and an expanding sales pipeline for its XBAW® filter products, as well as new XBAW®/SAW resonator and oscillator products and semiconductor back-end services. Akoustis has been securing new design wins in target markets such as Wi-Fi, 5G Infrastructure, Automotive, and Defense, with plans for production ramp-up in the near future.

Akoustis Technologies, Inc. (NASDAQ: AKTS) will attend the CES 2024 Conference hosted by the Consumer Technology Association in Las Vegas, Nevada, from January 9-12, 2024. The company has reserved a meeting room at the Venetian Resort and invites customers, investors, and channel partners to schedule appointments. Akoustis is experiencing robust demand and an expanding sales pipeline for its XBAW® filter products, as well as new XBAW®/SAW resonator and oscillator products, and semiconductor back-end services. The company continues to secure new design wins in target markets such as Wi-Fi, 5G Infrastructure, Automotive, and Defense, with many slated to ramp into production in the coming months.

Akoustis Technologies, Inc. (NASDAQ: AKTS) has been awarded the 8th Annual Wi-Fi NOW Awards Gala for the Best Enterprise Wi-Fi Solution. The company, along with HPE Aruba Networking, has created Wi-Fi access points with patented ultra tri-band (UTB), the only solution in the Wi-Fi industry that makes use of all 5 and 6 GHz bands allocated by the FCC for Wi-Fi with no performance degradation on any combination of channels. This collaboration demonstrates true technology leadership in the 5 to 7 GHz Wi-Fi, as recognized by Claus Hetting, CEO & chairman Wi-Fi NOW. Akoustis is pleased to be recognized as an innovator and leader in advanced Wi-Fi RF filters for the enterprise market and looks forward to continuing its collaboration with HPE Aruba Networking to address the evolving requirements of Wi-Fi 6E and 7, as well as any forthcoming Wi-Fi standards. The company also maintains its momentum with 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 its target markets including Wi-Fi, 5G Infrastructure, and Automotive, many of which are slated to ramp into production in the coming months.

Akoustis Technologies, Inc. (NASDAQ: AKTS) secures high-volume Wi-Fi 6E filter orders from a Tier-1 customer for a new consumer AP platform. The company reiterates record quarterly revenue guidance for the March quarter with 18 to 25% sequential growth.

Akoustis Technologies, Inc. (NASDAQ: AKTS) has seen an increase in the number of companies utilizing its XBAW® foundry services, with a leading commercial SATCOM company placing a new development order. The company's foundry services are focused on 2 to 20 GHz in Commercial and Defense applications. Akoustis has also launched its XBAW® Synthesizer software, empowering engineering to design BAW RF filters expanding above 10 GHz. The company continues to secure new design wins in target markets including Wi-Fi, 5G Infrastructure, and Automotive, with robust demand and an expanding sales pipeline.

Akoustis Technologies, Inc. (NASDAQ: AKTS) has been awarded a multi-year, multi-million dollar Phase 2 contract by DARPA for the development of High Frequency 2-18 GHz XBAW® Filter Technology. The award aims to scale the company's XBAW® technology to 18 GHz and develop a new technology called XP3F to overcome traditional BAW frequency scaling approaches. The company's CEO, Jeff Shealy, expressed confidence in the success of the COFFEE program and the potential to advance the state-of-the-art in BAW RF filter technology.

Akoustis Technologies, Inc. (NASDAQ: AKTS) announced that founder and CEO Jeff Shealy will attend the 14th Annual Craig-Hallum Alpha Select Conference to be held at the Sheraton New York Times Square Hotel on November 16, 2023. The company continues to experience robust demand and an expanding sales pipeline for its XBAW® filter products, XBAW®/SAW resonator and oscillator products, and semiconductor back-end services. Akoustis has secured new Wi-Fi design wins in target markets such as Wi-Fi, 5G Infrastructure, and Automotive, with many slated to ramp into production soon.