Akoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi AP Solutions Provider

• Tier-1 Customer to Use Multiple Akoustis XBAW Filters in 4X4 and 2X2 MU-MIMO Enterprise Access Point Platforms
• Has Received Volume Orders to Facilitate Production Ramp in the Second Half of Calendar Year 2024

Charlotte, N.C., Feb. 08, 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 multiple narrowband and wideband patented XBAW filters are being designed into two new programs with an enterprise Wi-Fi access point (AP) solutions provider.

Multiple narrowband and wideband XBAW filters will be employed in a company’s new suite of leading 4x4 and 2x2 multi-user, multiple-in-multiple-out (MU-MIMO) Wi-Fi 7 AP routers. The utilized filters span the frequency ranges of 5 to 7 GHz meeting the stringent coexist requirements covering full U-NII 1 to 4 and U-NII 5 to 8. Akoustis has received volume orders from the customer for supporting the development and leading to production ramp in the second half of the calendar year 2024.

Jeff Shealy, founder and CEO of Akoustis, stated, “We are excited to incorporate our patented XBAW RF filters into a new line of cutting-edge routers with a current Tier-1 enterprise Wi-Fi provider.” Mr. Shealy continued, “The Company provides a complete set of narrowband and wideband XBAW filters to enable disruptive performance in new Wi-Fi 7 enterprise solutions.” 

Akoustis maintains its momentum with robust demand and an expanding sales pipeline for its XBAW filter products, in addition to its new XBAW/SAW resonator and oscillator products, and semiconductor back-end services. The Company continues to secure new design wins in its target markets including Wi-Fi, 5G Infrastructure, Automotive and Defense, many of which are slated to ramp into production in the coming months.

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 legacy polycrystalline BAW technology. The Company utilizes its proprietary and patented XBAW 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, single-crystal, and other high purity piezoelectric materials and the resonator-filter process technology which enables optimal trade-offs between critical power, frequency and bandwidth performance specifications.