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-0.00767333516031796 0.0660454919155932 0.0989312140312413 0.0304192929569745 0.056727870649493 0.0175390517950122 -0.027952863798301 -0.106604549191559
Stock impact report

Akoustis stock rallies as co completes rollout of its XBAW design updates [Seeking Alpha]

Akoustis Technologies, Inc. (AKTS) 
NASDAQ:AMEX Investor Relations: ir.akoustis.com
Company Research Source: Seeking Alpha
AKTS advanced to $0.32. Akoustis has developed the updates to its XBAW manufacturing process to remove any patented features claimed by Qorvo Inc ( QRVO ), it said. The updates have been incorporated into both new XBAW RF filters and many earlier XBAW filter designs since the Fall of 2022. "Effective immediately, the company has released these design updates to manufacturing for the remainder of its filter products that remain in production and distribution as needed to remove any potential infringement," Akoustis Technologies ( AKTS ) said. Qorvo ( QRVO ) Monday said that a federal jury in the U.S. District Court for the District of Delaware returned a verdict on May 17 in favor of QRVO in its litigation against Akoustis. "Akoustis is well-prepared to move forward notwithstanding any injunction Qorvo may seek against the accused legacy versions of our products," Dave Aichele, Executive Vice President of Business Development said. Recommended For You More Trending N Show less Read more
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