Akoustis Receives First 5G Mobile BAW Filter Design Win from Tier-1 RF Component Company - Marketscreener.com

• XBAW RF Filter Solution Will Ship with New Wafer-Level-Package (WLP) Manufactured successful its New York Fab
• Filter Solution to beryllium Incorporated successful Multiplexer for 5G Mobile Handsets and different Portable Devices
• Multiplexer Supports Major Mobile Chipset Reference Design, Expected to beryllium Released successful First Half of CY2023

Charlotte, N.C., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” oregon the “Company”), an integrated instrumentality shaper (IDM) of patented bulk acoustic question (BAW) high-band RF filters for mobile and different wireless applications, announced contiguous that it has received its archetypal plan triumph successful 5G mobile from a starring multi-billion-dollar Tier-1 RF constituent institution customer. The XBAW^® filter is designed into a caller multiplexer merchandise that is expected to vessel successful the archetypal fractional of calendar 2023 arsenic portion of a large chipset OEM notation design.

The filter solution leverages 1 of Akoustis’ caller wafer-level-packages (WLP), developed and manufactured its Canandaigua, New York fab. The caller XBAW^® design is being utilized to code hard coexistence issues betwixt 5G mid bands and WiFi 6E 5 to 7 GHz bands. The lawsuit is considering further applications for XBAW^® successful aboriginal modules for 5G smartphones, tablets, wearables, and different mobile devices aft the palmy completion of this archetypal solution.  Akoustis began shipping pre-production chips against lawsuit acquisition orders for development, sampling and qualification during the 4th ending December 31, 2022.

The caller Akoustis filter solution is the archetypal merchandise to vessel with the internally developed and manufactured WLP. In effect to planetary proviso concatenation challenges, Akoustis has been processing proprietary WLP exertion successful its New York installation for the past twelvemonth and is rapidly increasing its manufacturing capableness to people the 5G mobile instrumentality marketplace with its XBAW^® filter products. 

Jeff Shealy, laminitis and CEO of Akoustis, stated, “This is simply a important milestone successful the commercialization of our XBAW^® technology.” Mr. Shealy continued, “This is our archetypal plan triumph for the 5G mobile marketplace that is planned to ramp accumulation successful the archetypal fractional of CY2023, supporting selectivity demands successful the 3 to 7GHz 5G/WiFi spectrum.  Further, it is our archetypal merchandise that leverages our caller proprietary wafer-level-package technology, which is importantly smaller than our existent packages and superior successful back-end manufacturing cost. This is the culmination of important effort by our squad and tremendous advancement of our exertion implicit the past year.”

Akoustis continues to acquisition beardown request and a increasing income funnel for its Wi-Fi, 5G mobile, and 5G infrastructure products, including CBRS XBAW^® filters, arsenic good arsenic its caller XBAW^® and RFMi resonator and oscillator products. During the December quarter, the Company shipped aggregate samples of its caller 5G XBAW^® wafers implicit with its new, precocious wafer-level packaging (WLP) technology. Akoustis continues to adhd caller Wi-Fi plan wins, galore of which are expected to ramp into accumulation successful calendar 2023.

Akoustis is actively delivering measurement accumulation of its Wi-Fi 6 tandem filter solutions, shipping aggregate 5G tiny compartment XBAW^® filter solutions, and delivering archetypal designs of its caller 5G mobile filter solutions to aggregate customers and is present entering the marketplace with its caller Wi-Fi 6E coexistence XBAW^® filter solutions. To date, Akoustis has received much than 20 lawsuit plan wins for its patented XBAW^® filter solutions.

Given the rapidly increasing income funnel activity, arsenic good arsenic ongoing enactment with customers regarding expected ramps successful 5G mobile, Wi-Fi 6, and Wi-Fi 6E successful calendar 2023, the Company is completing the yearly accumulation capableness summation astatine its New York fab to astir 0.5 cardinal filters per year.

About Akoustis Technologies, Inc.

Akoustis^® (http://www.akoustis.com/) is simply a high-tech BAW RF filter solutions institution that is pioneering next-generation materials science and MEMS wafer manufacturing to code the marketplace requirements for improved RF filters - targeting higher bandwidth, higher operating frequencies and higher output powerfulness compared to legacy polycrystalline BAW technology. The Company utilizes its proprietary and patented XBAW^® manufacturing process to nutrient bulk acoustic question RF filters for mobile and different wireless markets, which facilitate awesome acquisition and accelerate set show betwixt the antenna and integer backmost end. Superior show is driven by the important advances of poly-crystal, single-crystal and different precocious purity piezoelectric materials and the resonator-filter process exertion which enables optimal trade-offs betwixt captious power, frequence and bandwidth show specifications. 

Akoustis plans to work the accelerated increasing multi-billion-dollar RF filter marketplace utilizing its integrated instrumentality shaper (IDM) concern model. The Company owns and operates a 120,000 sq. ft. ISO-9001:2015 registered commercial wafer-manufacturing installation located successful Canandaigua, NY, which includes a people 100 / people 1000 cleanroom installation - tooled for 150-mm diameter wafers - for the design, development, fabrication and packaging of RF filters, MEMS and different semiconductor devices. Akoustis Technologies, Inc. is headquartered successful the Piedmont exertion corridor near Charlotte, North Carolina.

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