Akoustis Technologies Inc (AKTS)

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Akoustis Receives First Development Order from Leading Commercial Satellite Communications Company for Use of XBAW® Foundry Services
December 06 2023 - 07:00AM

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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 that a leading commercial SATCOM company placed a new development order. Along with three existing customers, all utilize the Company’s Process Design Kits (PDKs) and XBAW® foundry process to address applications in Satellite Communications, Wi-Fi, Mobile, and Defense.
Akoustis is a pureplay BAW filter company originally focused on an Integrated Device Manufacturer (IDM) model and has recently expanded to provide a BAW foundry servicing North America, Europe, and Asia regions. The Company’s foundry services are primarily focused on 2 to 20 GHz in Commercial and Defense applications. In addition, Akoustis has released its new XBAW® Synthesizer software available for parties to explore the performance of XBAW® technology through the Company’s website. The software allows users to input parameters, such as bandwidth, rejection, and return loss, to generate a filter response and download the filter design s-parameter file.

The Company’s XBAW® PDK provides designers the capability to create, simulate, draft, and validate designs prior to submitting them to Akoustis’ foundry for chip manufacturing. The XBAW® PDK will streamline the design process and increase chances of first-pass successful filter design. The XBAW® PDK offers a synthesizer for designs to work within the AWR environment and a layout automation tool. The layout generated, along with other fabrication layers, enables the final die layout ready for full 3D EM simulation in one step.

Jeff Shealy, founder and CEO of Akoustis, stated, “With the release of our new XBAW® synthesizer software and integration of the PDK download, we are empowering all levels of engineering to design BAW RF filters expanding above 10 GHz.” Mr. Shealy continued, “As we continue to receive new orders for our foundry services, the XBAW® PDK is a revolutionary development offering a comprehensive toolkit, which accelerates the design process and equips us to meet and exceed the demands of our existing customer base, keeping us at the forefront of RF advancements.”

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, and Automotive, 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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