Akoustis Secures $8 Million in Volume XBAW® Orders with Tier-1 Customer
Akoustis Technologies, Inc. (AKTS)
NASDAQ:AMEX Investor Relations:
ir.akoustis.com
Company Research
Source: GlobeNewswire
Tier-1 Customer to Utilize Multiple XBAW® Filters for Wi-Fi 6E and 7 Access PointsVolume Orders to Satisfy Customer’s Demand Through Fiscal Year 2025 Charlotte, N.C., July 09, 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 $8M in new orders from a Tier-1 customer to satisfy the customer’s demand for four Wi-Fi Access Points (AP), which are either currently in production or ramping into production in the second half of calendar year 2024. The purchase orders provide a significant backlog, and the Company plans to deliver millions of parts over the next six months to support the new demand for two Wi-Fi 6E APs that have been in production over the past year and two new Wi-Fi 7 programs ramping into production. Pursuant to the purchaser orders, Ako
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News
- Akoustis Receives an Additional Purchase Order for $13 Million XBAW® Filters from Existing Tier-1 CustomerGlobeNewswire
- Akoustis Announces Leadership TransitionGlobeNewswire
- Insider Purchases Worth US$750.0k See Losses As Akoustis Technologies Market Value Drops To US$12m [Yahoo! Finance]Yahoo! Finance
- Akoustis Secures $8 Million in Volume XBAW® Orders with Tier-1 Customer [Yahoo! Finance]Yahoo! Finance
AKTS
Earnings
- 5/13/24 - Miss
AKTS
Sec Filings
- 9/20/24 - Form 8-K
- 9/17/24 - Form PRE
- 9/12/24 - Form 8-K
- AKTS's page on the SEC website