- Wins Include Enterprise-Class MU-MIMO Router and Consumer MU-MIMO Router
- Both Designs Expected to Ramp in the Second Half of Calendar 2022
- Wi-Fi Design Wins Have Grown from Three to Fifteen in the Past Six Months
Charlotte, N.C., April 27, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — 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 it has received two new Wi-Fi 6E design wins from two different customers, both of which are expected to ramp into production in the second half of calendar 2022.
The first win is from a leading enterprise-class Wi-Fi router OEM. The customer intends to use four Akoustis XBAW™ Wi-Fi 6E filters in a multi-user, multiple-in-multiple-out (MU-MIMO) configuration. The new router is expected to ramp production in the December 2022 quarter. The second win is from a consumer-focused brand, that intends to use multiple Akoustis XBAW™ filters per device and is expected to ramp production in the September 2022 quarter.
Dave Aichele, EVP of Business Development at Akoustis, stated, “We continue to see increased demand for our XBAW™ Wi-Fi filter solutions given our industry leading micro-filter performance.” Mr. Aichele continued, “We have grown our design wins from three to fifteen in the past six months and expect to see continued customer wins moving forward as we fully qualify new standard and custom Wi-Fi 6, Wi-Fi 6E and upcoming Wi-Fi 7 filters.”
Akoustis is actively delivering volume production of its Wi-Fi 6 tandem XBAW™ filter solutions, shipping multiple 5G small cell XBAW™ filter solutions, delivering initial designs of its new 5G mobile XBAW™ filter solutions to multiple customers and has entered the market with its new Wi-Fi 6E coexistence XBAW™ filter solutions. To date, Akoustis has received more than 20 customer design wins for its patented XBAW™ filter solutions.
Given the rapidly growing sales funnel activity as well as ongoing interaction with customers regarding expected ramps in 5G mobile, Wi-Fi 6 and Wi-Fi 6E in calendar 2022, the Company is increasing the annual production capacity at its New York fab to approximately 500 million XBAW™ filters per year.
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 incumbent polycrystalline BAW technology deployed today. The Company utilizes its proprietary and patented XBAWTM 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, high-purity and single-crystal 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 120,000 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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