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Stock impact report

Akoustis Receives $2 Million in Volume Orders for Wi-Fi 7 Program from Tier-1 Carrier

Akoustis Technologies, Inc. (AKTS) 
NASDAQ:AMEX Investor Relations: ir.akoustis.com
Company Research Source: GlobeNewswire
Tier-1 Customer to Use Akoustis’ Next-Generation 5.5 and 6.5 GHz Wi-Fi XBAW® Filters in Tri-Band 4x4 MIMO RouterSecured Wi-Fi 7 Filter Orders to Support Production Beginning in July 2024 Through March 2025   Charlotte, N.C., June 27, 2024 (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 has received $2M in production orders from Tier-1 carrier customer to satisfy demand for two of its industry-leading XBAW® filters integrated into a Wi-Fi 7 platform. Wi-Fi technology continues to advance to enable higher data transfer rates and greater density per transmission. With the integration of multiple Akoustis XBAW® filters, the filters support the 5 and 6 GHz Wi-Fi bands with Multi-Link Operation (MLO) and higher throughput, lower latency, and 10 Gbps. The customer’s Show less Read more
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