Wi-Fi NOW Awards Akoustis and HPE Aruba Networking for Best Enterprise Wi-Fi Solution
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Insights
The collaboration between Akoustis Technologies and HPE Aruba Networking and their subsequent recognition at the Wi-Fi NOW Awards Gala, underscores the technological advancements and market differentiation they are achieving in the enterprise Wi-Fi space. This is particularly significant given the current competitive landscape and the rapid evolution of Wi-Fi standards, such as Wi-Fi 6E and the forthcoming Wi-Fi 7.
The integration of Akoustis' XBAW® high-performance filter technology into HPE Aruba's Wi-Fi access points is a strategic move that enhances product performance in a spectrum increasingly crowded by various wireless applications. This technological edge can lead to increased market share and potentially higher sales volumes for both companies.
Furthermore, Akoustis' mention of robust demand and an expanding sales pipeline for its filter products, resonators, oscillators and semiconductor services indicates a healthy growth trajectory, which may be of interest to stakeholders monitoring the company's financial health and future revenue streams.
Akoustis Technologies' report of securing new design wins across several markets, including Wi-Fi, 5G Infrastructure and Automotive, suggests a diversification of revenue sources and an expansion into high-growth sectors. The anticipated ramp-up into production in the near term could lead to revenue growth, which is a critical factor for investors evaluating the company's performance.
It is also important to consider the company's operational efficiency and ability to scale production to meet the increasing demand. The success of these efforts will likely have a direct impact on the company's gross margins and profitability, which are key indicators of financial health in the technology manufacturing sector.
The technical collaboration between Akoustis and HPE Aruba Networking, resulting in the patented ultra tri-band solution, is a significant technological milestone. The ability to utilize the full spectrum of 5 and 6 GHz bands without performance degradation is a compelling value proposition in an industry where demand for bandwidth and network reliability is ever-increasing.
This achievement not only demonstrates Akoustis' expertise in RF filter technology but also positions the company as a leader in a niche market. As enterprises continue to adopt Wi-Fi 6E and prepare for Wi-Fi 7, Akoustis' products may see increased demand, which could translate into sustained long-term growth.
Charlotte, N.C., Dec. 20, 2023 (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 the Company, along with HPE Aruba Networking, has been awarded the 8th Annual Wi-Fi NOW Awards Gala for the Best Enterprise Wi-Fi Solution.
HPE Aruba Networking has created Wi-Fi access points (APs) 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 solution is an innovative collaboration, combining HPE Aruba Networking’s advanced switch filter architecture and Akoustis’ XBAW® high-performance filter technology, currently being utilized in HPE Aruba Networking 650 Series and 630 Series Wi-Fi 6E APs.
Claus Hetting, CEO & chairman Wi-Fi NOW, commented “The enterprise Wi-Fi market is extremely competitive, which is reflected by the fact that the Wi-Fi NOW Award’s enterprise Wi-Fi category is a tough one to win with many excellent contenders.” Mr. Hetting continued, “The solution HPE Aruba Networking and Akoustis have created together here is a real market differentiator demonstrating true technology leadership in the 5 to 7 GHz Wi-Fi.”
Jeff Shealy, founder and CEO of Akoustis, stated “Akoustis is pleased to be recognized as an innovator and leader in advanced Wi-Fi RF filters for the enterprise market.” Mr. Shealy continued, “We look forward to continuing our collaboration with HPE Aruba Networking to address the evolving requirements of Wi-Fi 6E and 7, as well as any forthcoming Wi-Fi standards.”
Akoustis maintains its momentum with robust demand and an expanding sales pipeline for its XBAW® filter products, in addition to its new XBAW®/SAW resonator and oscillator products, and semiconductor back-end services. The Company 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.
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 legacy polycrystalline BAW technology. The Company utilizes its proprietary and patented XBAW® 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, single-crystal, and other high purity 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 125,000 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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These and other risks and uncertainties are described in more detail in the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of the Company’s most recent Annual Report on Form 10-K and in subsequently filed Quarterly Reports on Form 10-Q. Considering these risks, uncertainties and assumptions, the forward-looking statements regarding future events and circumstances discussed in this document may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. The forward-looking statements included in this document speak only as of the date hereof and, except as required by law, we undertake no obligation to update publicly or privately any forward-looking statements, whether written or oral, for any reason after the date of this document to conform these statements to new information, actual results or to changes in our expectations.
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