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-0.0517543859649123 -0.0789473684210527 0.0807017543859648 0.00964912280701745 0.0903508771929824 -0.000877192982456165 -0.0789473684210527 -0.196491228070175
Stock impact report

Akoustis Receives an Additional Purchase Order for $13 Million XBAW® Filters from Existing Tier-1 Customer

Akoustis Technologies, Inc. (AKTS) 
NASDAQ:AMEX Investor Relations: ir.akoustis.com
Company Research Source: GlobeNewswire
Charlotte, NC, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Akoustis Receives an Additional Purchase Order for $13 Million XBAW® Filters from Existing Tier-1 Customer Raises Production Commitments for XBAW RF filters from Tier-1 Customer to greater than $21M, plus a customer option to increase order quantities 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 an additional purchase order for $13M from an existing Tier-1 customer to satisfy the customer’s demand for seven1 Wi-Fi Access Points (AP) production programs. The collaboration highlights the robust relationship with this Wi-Fi Access Point customer. Including the prior $8M PO announced previously, the purchase orders are valued at greater than $21 Million and the arrangement also allows the customer to purchase additional qu Show less Read more
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