Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEM
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When assessing the implications of Akoustis Technologies' announcement for stakeholders, it's essential to consider the growing demand for high-performance wireless connectivity solutions in enterprise settings. The integration of XBAW filters into a Tier-1 OEM's product signifies a competitive edge in the Wi-Fi 7 technology market. The frequency range and out-of-band rejection capabilities of these filters meet the stringent requirements for enterprise routers that handle dense data traffic.
From a market perspective, the adoption by a third enterprise customer demonstrates confidence in Akoustis' technology and may signal a trend of increasing market penetration. Investors should note that the production ramp-up scheduled for the second half of 2024 indicates a strategic timeline for revenue growth and potential market share expansion in the enterprise Wi-Fi space.
However, potential drawbacks include the risks associated with the production scale-up and the technology adoption lifecycle. Delays or performance issues could affect future revenues and customer trust. Additionally, the competitive landscape in the Wi-Fi technology sector is dynamic, with rapid advancements potentially outpacing current design wins.
Analyzing the financial implications, the volume orders for Akoustis' XBAW filters suggest a solid revenue stream in the near term. This order could improve the company's financial projections and attractiveness to investors seeking growth in the tech sector. Furthermore, the company's expansion into other markets, such as 5G infrastructure and automotive, diversifies its revenue sources and reduces dependency on a single market segment.
Investors should monitor the company's ability to meet the production demands and manage the costs associated with scaling operations. These factors will be vital in determining the profitability and return on investment. It's also worth considering the company's intellectual property portfolio strength, as patented technologies can offer a competitive moat against rivals.
Long-term success will hinge on the company's continued innovation and ability to secure additional design wins. The stock market typically reacts favorably to such announcements, but it's prudent to watch for follow-through on production and sales performance to gauge the actual impact on the company's bottom line.
The technical specifications mentioned for the XBAW filters are noteworthy. High out-of-band rejection is critical in crowded frequency environments, ensuring that enterprise routers can maintain performance without interference. The filters' ability to attenuate signals from multiple U-NII bands while maintaining a narrow transition gap is indicative of advanced engineering and positions Akoustis favorably in the market.
The adoption of Wi-Fi 7 technology is still in its early stages and Akoustis' involvement positions them as a front-runner in this space. The company's progress in securing design wins across various market segments, including defense and automotive, suggests a broad applicability of their technology, which is essential for long-term sustainability in the telecom sector.
Overall, the technical advantages of Akoustis' filters could lead to increased demand from OEMs seeking to enhance their products' wireless performance, which is a key selling point in the enterprise market.
- Tier-1 Customer to Use High-Performance Akoustis XBAW® Filters in 4X4 MU-MIMO Enterprise Router Platform
- Company Has Received Volume Orders to Facilitate Production Ramp in the Second Half of Calendar Year 2024
Charlotte, N.C., April 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 high-performance narrowband patented XBAW® filters are being designed into a new program with an enterprise-class original equipment manufacturer (OEM).
Multiple high-performance, narrowband XBAW® filters will be utilized within the OEM’s 4x4 Multi-User, Multiple-In-Multiple-Out (MU-MIMO) Wi-Fi 7 enterprise router. These filters specifically cover the frequency range of 480 MHz U-NII 5 band while effectively attenuating signals from the full U-NII 1 to 4 bands on the lower end and U-NII 7 to 8 bands on the higher end. The filters exhibit a high out-of-band (OOB) rejection within a one-percent transition gap from the filter’s passband frequency. Akoustis has booked volume orders from the customer to support development efforts and facilitate a production ramp-up in the second half of the calendar year 2024.
Jeff Shealy, founder and CEO of Akoustis, stated, “We are excited to announce the integration of our patented XBAW® filters into an upcoming Tier-1 enterprise Wi-Fi solution.” Mr. Shealy continued, “This marks the third enterprise customer to adopt Akoustis XBAW® filters, and we look forward to more as we continue to lead the industry in delivering high-performance filters to the enterprise Wi-Fi AP market.”
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.
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 125,000 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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FAQ
What type of filters are being designed into a new program with an enterprise-class OEM?
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