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.
Akoustis Technologies has secured a design win for its 3.5 GHz XBAW filter from a new 5G mobile network infrastructure customer, marking its fourth such win. The filters will be integrated into small cell and MIMO applications targeted for Europe and Asia, with production set to begin by the end of 2022. This initiative highlights Akoustis' growth in the 5G market and builds on its 500 million unit production capacity goal. The company has over 20 design wins for its XBAW filters.
Akoustis Technologies (NASDAQ: AKTS) announced the development of a new 5G mobile XBAW filter for a tier-1 RF module maker, following a purchase order received in December 2021. The filter aims to address difficult coexistence frequency band requirements in 5G mobile technology. Production is planned for 2024, with initial sample deliveries expected in late 2022. Akoustis is ramping up its commercial production, targeting annual capacity of approximately 500 million units and has achieved over 20 design wins for its XBAW filter solutions.
Akoustis Technologies (AKTS) reported a record revenue of $5.2 million for Q4 FY22, reflecting a 140% year-over-year increase. The company anticipates a greater than 200% rise in revenue for the current quarter, supported by strong demand across multiple sectors, including 5G and Wi-Fi. Despite supply chain challenges, Akoustis is expanding its chip manufacturing in New York, potentially benefiting from the CHIPS Act. The company has achieved 12 production customers and increased its annual production capacity to 0.5 billion filters.
Akoustis Technologies, Inc. (NASDAQ: AKTS) announced two significant design wins in the gaming market for their Wi-Fi 6E XBAW® filter products. The first design win is for a gaming router utilizing MU-MIMO architecture, while the second is for a leading end-user gaming device. Both products are set to ramp production by mid-calendar 2023. Akoustis aims to enhance data throughput and reduce latency, as these innovations signal growing interest beyond their core router market. The company is ramping its commercial production capacity to approximately 500 million units annually.
Akoustis Technologies, Inc. (NASDAQ: AKTS) announced the successful tour of its semiconductor fab by Senate Majority Leader Charles Schumer, highlighting the impact of the CHIPS and Science Act of 2022. This bipartisan legislation allocates over $52 billion to boost U.S. semiconductor manufacturing and science innovation. Akoustis anticipates significant opportunities for growth, particularly in the Rochester area, where the company aims to produce billions of RF filter chips annually for 5G networks and other wireless applications. Akoustis has invested over $65 million in its NY facility, aiming for a production capacity of approximately 500 million units.
Akoustis Technologies (NASDAQ: AKTS) is set to enter production of its new filters by late 2023. The company has developed and shipped a second iteration of a 5G XBAW® filter to a customer, aiming for volume production in mid-2023. Additionally, Akoustis received a development order for two new XBAW® filters targeting the Wi-Fi 6E access point market. The company is ramping up commercial production with a goal of 500 million units annually and has secured over 20 design wins for its patented filter solutions.
Akoustis Technologies, Inc. (NASDAQ: AKTS) will webcast its Q4FY22 results on September 12, 2022, at 8:00 am ET, followed by a Q&A session. Interested parties can join via telephone at 877-407-3982 (domestic) or 201-493-6780 (international), or watch the live webcast on the Company's website. Akoustis is ramping commercial production and plans to achieve an annual capacity of approximately 500 million units, focusing on Wi-Fi 6, Wi-Fi 6E, and 5G filter solutions. The Company has secured over 20 customer design wins for its XBAW® filter technology.
Akoustis Technologies (NASDAQ: AKTS) announced the development of two new Wi-Fi 7 diplexers utilizing XBAW RF filters after receiving an order from a Fortune 100 Internet company. Pre-production is slated for the second half of 2023, with full production expected in early 2024. The diplexers target applications in AR/VR and wearables, marking a significant step in Akoustis’ product expansion. The company aims for an annual production capacity of 500 million units, building on over 20 customer design wins for its XBAW solutions.
Akoustis Technologies, Inc. (NASDAQ: AKTS) announced its participation in the 3rd Annual Needham Semiconductor and SemiCap Conference from August 24-25, 2022. Senior management will hold one-on-one meetings on August 24 for interested investors. The company is ramping production capacity to 500 million units annually and has achieved over 20 design wins for its XBAW® filter solutions, including Wi-Fi 6 and 5G small cell filters. Akoustis aims to capture the growing RF filter market with its advanced manufacturing techniques and a dedicated facility in Canandaigua, NY.
Akoustis Technologies announced that CEO Jeff Shealy will discuss the CHIPS and Science Act 2022 on Cavuto: Coast to Coast at 1:20 PM ET. Key topics include the global chip shortage, 5G network rollouts, and the company’s XBAW® filter products. Akoustis is producing Wi-Fi 6 tandem filters and has secured over 20 customer design wins for its XBAW® filters, highlighting ongoing growth and market engagement. The company operates a manufacturing facility in New York, supporting its expansion in the RF filter market.
