STOCK TITAN
  1. Home
  2. News
  3. AKTS

Akoustis Technologies Inc - AKTS STOCK NEWS

Welcome to our dedicated news page for Akoustis Technologies (Ticker: AKTS), a resource for investors and traders seeking the latest updates and insights on Akoustis Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Akoustis Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Akoustis Technologies's position in the market.

News
Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEM
Rhea-AI Summary
Akoustis Technologies, Inc. announces the integration of its high-performance Akoustis XBAW® filters into a Tier-1 enterprise Wi-Fi solution. The company has received volume orders to support development efforts and facilitate production ramp-up in the second half of 2024. Akoustis continues to secure new design wins in target markets like Wi-Fi, 5G Infrastructure, Automotive, and Defense.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
none
-
News
Akoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point Applications
Rhea-AI Summary
Akoustis Technologies, Inc. announces two new high-performance 2.4 GHz bandedge RF filters for Wi-Fi applications, designed to improve Wi-Fi range and coexist with LTE bands. The filters are expected to enter production in the second half of 2024, offering robust power handling and high out-of-band rejection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.26%
Tags
none
-
News
Akoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024
Rhea-AI Summary
Akoustis Technologies, Inc. (NASDAQ: AKTS) founder and CEO Jeff Shealy will attend the 36th Annual Roth Conference. The company reports robust demand and expanding sales pipeline for its XBAW® filter products, resonator, oscillator products, and semiconductor back-end services. Akoustis secures new design wins in Wi-Fi, 5G Infrastructure, Automotive, and Defense markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
conferences
News
Akoustis to Attend GOMACTech 2024 in Charleston from March 19-20
Rhea-AI Summary
Akoustis Technologies, Inc. (NASDAQ: AKTS) will exhibit at the GOMACTech Conference in Charleston, showcasing high-power, high-frequency RF solutions for Defense applications. Grinding & Dicing Services, Inc. will also feature their services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.57%
Tags
conferences
-
News
Akoustis Reports Second Quarter FY24 Results
Rhea-AI Summary
Akoustis Technologies, Inc. reports a 20% year-over-year increase in Q2 revenue, reaching $7.0 million, in line with prior guidance. The company anticipates record revenue in the March quarter, up 18 to 25% sequentially. Cost-saving initiatives aim to achieve operating cash flow breakeven by the end of the year. Recent business highlights include multiple design wins in Wi-Fi 7, 5G infrastructure, and defense sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.05%
Tags
earnings
-
News
Akoustis Receives Wi-Fi 7 Design Win from Tier-1 US-Based Carrier
Rhea-AI Summary
Akoustis Technologies, Inc. secures orders from a Tier-1 customer to integrate its next-generation 5.5 and 6.5 GHz Wi-Fi 7 XBAW® filters into a 4x4 MIMO router platform, supporting enhanced data rates and reduced latency. The production ramp-up is scheduled for the September quarter of calendar year 2024, reflecting the company's strong position in the Wi-Fi market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.03%
Tags
none
News
Akoustis Achieves Wi-Fi 7 Design Win and Volume Orders for Two New Programs from Current Tier-1 Enterprise Wi-Fi AP Solutions Provider
Rhea-AI Summary
Akoustis Technologies, Inc. has announced that multiple narrowband and wideband patented XBAW® filters are being designed into two new programs with an enterprise Wi-Fi access point solutions provider. The filters will be used in the company's new suite of leading 4x4 and 2x2 MU-MIMO Wi-Fi 7 AP routers, with volume orders received to support development and production ramp in the second half of 2024. Akoustis continues to secure new design wins in target markets including Wi-Fi, 5G Infrastructure, Automotive, and Defense.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.44%
Tags
none
-
News
Akoustis to Webcast Q2FY24 Results on February 13 at 8:00 am ET
Rhea-AI Summary
Akoustis Technologies, Inc. (NASDAQ: AKTS) will webcast its Q2FY24 results on February 13, 2024, at 8:00 am Eastern Time. The company reports robust demand and an expanding sales pipeline for its XBAW® filter products, new XBAW®/SAW resonator and oscillator products, and semiconductor back-end services. Akoustis continues to secure new design wins in target markets, including Wi-Fi, 5G Infrastructure, Automotive, and Defense.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.63%
Tags
conferences
-
News
Akoustis Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriter’s Option to Purchase Additional Shares
Rhea-AI Summary
Akoustis Technologies, Inc. (AKTS) has closed its underwritten public offering of 20,000,000 shares of common stock at a price of $0.50 per share, with net proceeds of approximately $10.4 million. The company intends to use the funds for operations, growth, capital expenditures, research and development, commercialization of its technology, potential strategic transactions, and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.86%
Tags
offering
News
Akoustis Secures a wBMS Design Win with Tier-1 Automotive Product Supplier
Rhea-AI Summary
Akoustis Technologies, Inc. (NASDAQ: AKTS) has secured its first design win for a wireless Battery Management System (wBMS) chipset in Electric Vehicles (EVs) from a Tier-1 automotive product supplier. The design integrates Akoustis’ 2.4 GHz Bulk Acoustic Wave (BAW) filter, tailored for the Industrial, Scientific, and Medical (ISM) radio bands. The company has received small volume orders to support customer development leading to production ramp in the first quarter of the calendar year 2025. Akoustis continues to secure new design wins in target markets including Wi-Fi, 5G Infrastructure, Automotive, and Defense, with robust demand and an expanding sales pipeline for its products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
none
Stock AKTS logo
Akoustis Technologies Inc

Nasdaq:AKTS

AKTS Rankings

#4658 Ranked by Market Cap
#5393 Ranked by Stock Gains
N/A Ranked by Dividends

AKTS Stock Data

49.80M
93.17M
5.28%
31.84%
9.58%
Bare Printed Circuit Board Manufacturing
Manufacturing
Link
US
Huntersville

About AKTS

founded in 2014 by experienced industry leaders and scientists from university of california at santa barbara (ucsb) and cornell university, akoustis’ mission is to commercialize and manufacture its patent-pending bulk one™ acoustic wave technology to address the critical frequency-selectivity requirements in today’s mobile smartphones – improving the efficiency and signal quality of mobile wireless devices and enabling the internet of things. the bulk acoustic wave (baw) filter market is rapidly expanding, driven by growth in 4g/lte and the number of filters required per device. nearly 2 billion mobile phones are manufactured per year, and over half are in the growing segment of high-end smartphones. because these smartphones need to operate globally, on more than one carrier, and with bands that are becoming ever-closer together, the need for higher-performance filters is upon us to ensure mobile compatibility. 4g/lte networks are driving the need for higher frequencies, and traditio