Welcome to our dedicated page for Resonant news (Ticker: RESN), a resource for investors and traders seeking the latest updates and insights on Resonant stock.
Resonant Inc. (former NASDAQ: RESN) generated news primarily as a developer of radio frequency (RF) filter solutions and design technologies for RF front‑ends in mobile and wireless devices, and later through its agreement to be acquired by Murata. Company press releases focused on its WaveX™ design platform, XBAR® Bulk Acoustic Wave (BAW) filter technology, and commercial partnerships in the RF filter ecosystem.
On this news page, readers can review historical announcements in which Resonant described how its WaveX™ software tools and intellectual property portfolio were used to create RF filter and module designs for demanding 5G, Wi‑Fi and UWB applications. The company’s communications highlighted topics such as expanded multi‑year commercial agreements with what it called the world’s largest RF filter manufacturer, pre‑paid royalty payments tied to XBAR®‑based designs, and milestones in customer shipments of RF filters based on Resonant designs.
Resonant’s news flow also included investor conference presentations and industry events, where management discussed how RF filter manufacturers could use XBAR® technology to support the transition to next‑generation wireless networks. In addition, legal and corporate updates appeared, including announcements that Murata Electronics North America, Inc. and Resonant had entered into a definitive agreement for Murata to acquire all outstanding shares of Resonant not already owned by Murata for $4.50 per share in cash.
For investors and researchers analyzing RESN, this archive offers context on the company’s positioning in RF front‑ends, the evolution of its partnerships and royalty arrangements, and the sequence of events leading up to its acquisition by Murata. Users interested in the history of RF filter design platforms, XBAR® technology, and related corporate transactions can refer to these historical news items as a record of Resonant’s activities while it was a publicly traded company.
Resonant Inc. (NASDAQ: RESN) predicts a significant spectrum deficit impacting 4G/5G services starting in 2021, potentially totaling 963 MHz by 2025. This projection follows the FCC’s Auction 107, which raised over $80 billion for the 280MHz spectrum. The company emphasizes the importance of RF filters and other technologies, such as massive MIMO antennas, to mitigate this challenge. The white paper detailing these findings is available on Resonant's website.
Resonant Inc. (NASDAQ: RESN) has joined the Wi-Fi Alliance, enhancing its position in the seamless connectivity market. With the global economic value of Wi-Fi projected to reach $3.5 trillion by 2023, Resonant's proprietary technologies, including ISN® and XBAR®, are poised to meet the demands of Tier-1 handset manufacturers and support Wi-Fi 6E applications. The company recently achieved a milestone of shipping 50 million RF filters, showcasing its growth and commitment to the 5G landscape. These developments underline Resonant's strategic initiatives in RF filter technology and market expansion.
Resonant Inc. (NASDAQ: RESN) will participate in a 5G panel discussion at the Needham Virtual Growth Conference from January 11-15, 2021. CEO George B. Holmes will hold one-on-one meetings with investors and host a corporate presentation on January 11 at 12:30 p.m. ET. COO Dylan Kelly and VP Mike Eddy will join industry experts for a panel discussion on the same day at 11:30 a.m. ET. The company's Infinite Synthesized Networks technology plays a critical role in RF filter design, essential for emerging 5G applications across various industries.
Resonant Inc. (NASDAQ: RESN) announced a record shipment of 6.9 million RF filters in Q4 2020, marking a year-over-year increase of over 200% and a sequential increase of over 65%. Cumulatively, the company has shipped over 53 million units using its ISN® technology. The filters cater to various applications, including 5G, Wi-Fi, and automotive. Revenue expectations for Q4 align with prior guidance. The uptick in demand demonstrates Resonant's position in RF filter design and its impact on enhancing connectivity for emerging technologies.
Resonant Inc. (NASDAQ: RESN) announced a 50% increase in its patent portfolio year-over-year, totaling over 300 issued and pending patents, with more than 150 related to its 5G XBAR® technology. This expansion underlines the company's commitment to protecting its intellectual property, particularly in the growing 5G market. CEO George B. Holmes emphasized the significance of securing a strong IP foundation to tap into emerging opportunities in various industries fueled by 5G innovations. The firm continues to enhance its IP through new patent applications and a trade secret program.
Resonant Inc. (NASDAQ: RESN) reported 2020 as its highest revenue year to date, with over 50 million RF filters shipped, catering to the growing demand for mobile and wireless devices. The company achieved significant milestones, including a $2.5 million payment after surpassing key development targets with its strategic partner. Looking ahead, Resonant is optimistic about its XBAR technology for 5G RF filters and plans to ship Wi-Fi 6E samples in early 2021. The firm anticipates ongoing growth in 2021, driven by increased unit volume and new customer contracts.
Resonant Inc. (NASDAQ: RESN) announced the addition of Dr. Peter Gammel to its Advisory Board, a semiconductor industry expert with over 40 years of experience. Currently the Chief Technology Officer at GlobalFoundries, Dr. Gammel brings engineering expertise critical for enhancing Resonant's RF front-end solutions. CEO George B. Holmes praised his unparalleled experience in scaling RF operations, which may aid in leveraging Resonant's intellectual property (IP) as the company targets innovations in the 5G market.
Resonant Inc. (NASDAQ: RESN) announced a significant milestone, surpassing the shipment of 50 million RF filters using its proprietary ISN® technology. These filters cater to 9 cellular and Wi-Fi bands, intended for mobile handsets, infrastructure, GPS, and automotive applications. The company reported a 163% increase in third-quarter shipments compared to the previous year. CEO George B. Holmes emphasized that this achievement validates their technology and signals an anticipated revenue ramp-up. Going forward, Resonant expects continued strong shipment volumes and new contracts for RF filter designs in various applications.
Resonant Inc. (NASDAQ: RESN) will present at the virtual LD Micro Main Event (XIII) on December 14-15, 2020. George B. Holmes, Chairman and CEO, is scheduled to speak on December 14 at 2:20 p.m. Eastern time. Attendees can access a live audio webcast at this link. The company focuses on transforming RF front-end designs for mobile and wireless devices, providing innovative solutions that enhance design efficiency and reduce costs, especially in the evolving 5G landscape.
Resonant Inc. (NASDAQ: RESN) announced its participation in the Virtual Fall Investor Summit from November 16-18, 2020. George B. Holmes, CEO, will engage in one-on-one meetings and present on November 16 at 3:30 p.m. ET. The event will be accessible via a live audio webcast. Resonant specializes in transforming RF front-ends for mobile devices, leveraging its Infinite Synthesized Network (ISN) technology to enhance design efficiency and supply chain stability for emerging 5G applications. More details can be found on their website.