Akoustis Announces Next Generation Wi-Fi 6E and Wi-Fi 7

  • A10655 and A10665 are currently sampled and meet strict coexistence requirements for the 5 GHz U-NII 1-3 and 6 GHz U-NII 5-8 bands
  • New filters offer 4x smaller form factor and superior out-of-band rejection
  • Production ramp expected to begin in first half of calendar 2023

Charlotte, North Carolina, Oct. 04, 2022 (GLOBE NEWSWIRE) — Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an acoustic wave integrated device (IDM) manufacturer from patented volume (BAW) high-bandwidth RF filters for mobile and other wireless applications, announced that it has begun sampling two new Wi-Fi 6E and Wi-Fi 7 filtering solutions, covering U-NII bands 1- 3 and U-NII 5-8 of high frequency and high speed Wi-Fi. The filters are expected to enter production in the first half of calendar year 2023.

Newly developed filtering solutions are high performance ultra-wideband XBAWs® RF filters and are produced at Akoustis’ New York manufacturing facility. The filters are designed to meet stringent rejection requirements allowing coexistence with U-NII 1-3 and U-NII 5-8 frequency bands. They will be offered as standard catalog products, targeting Wi-Fi 6E and emerging Wi-Fi 7 access points for enterprises, carriers and consumers, available to all potential customers. Key advantages over the company’s previous generation U-NII 1-3 and U-NII 5-8 filter solutions include a significantly smaller form factor and superior out-of-band rejection performance.

Jeff Shealy, Founder and CEO of Akoustis, said, “Akoustis continues to push the boundaries of BAW filtering in high frequency Wi-Fi applications. Mr. Shealy continued, “These new filter solutions provide what we believe to be the best out-of-band rejection capability using our BAW technology to date, at a significantly reduced size given our new scale of the chip we are currently manufacturing at our new York Semiconductor Chip Facility.

Product features A10655:

    • Small form factor 1.6mm x 1.8mm x 0.55mm
    • Unbalanced Tx/Rx ports.
    • Ultra-wide bandwidth covering 665 MHz
    • High rejection allows coexistence with adjacent WiFi UNII bands
    • High power rating
    • Low insertion loss bandpass filter
    • Performance from -40C to +85C
    • RoHS compliant, Pb-free packaging

Product features A10665:

    • Small form factor 1.6mm x 1.8mm x 0.55mm
    • Unbalanced Tx/Rx ports.
    • Ultra-wide bandwidth covering 1180 MHz
    • High rejection allows coexistence with adjacent WiFi UNII bands
    • High power rating
    • Low insertion loss bandpass filter
    • Performance from -40C to +85C
    • RoHS compliant, Pb-free packaging

Akoustis is currently accelerating its commercial production and investing to reach an annual production capacity of approximately 500 million units. Akoustis is actively supplying volume production of its Wi-Fi 6 and Wi-Fi 6E tandem filter solutions, shipping multiple 5G small cell XBAWs® filtering solutions and delivering initial designs of its new 5G mobile filtering solutions to multiple customers. To date, Akoustis has received over 20 customer designs for its patented XBAW® filter the solutions.

About Akoustis Technologies, Inc.

Akoustis® (http://www.akoustis.com/) is a high-tech BAW RF filter solutions company that is at the forefront of next-generation materials science and MEMS wafer manufacturing to meet market demands for improved RF filters – targeting higher bandwidth, higher operating frequencies and higher output power compared to existing polycrystalline BAW technology. The Company uses its proprietary and patented technology XBAW® manufacturing process to produce mass acoustic wave RF filters for the mobile and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and the digital back-end. Superior performance is driven by significant advances in polycrystalline, monocrystalline, and other high-purity piezoelectric materials and resonator filter processing technology that allows optimal trade-offs between critical performance specifications for power, frequency, and bandwidth .

Akoustis plans to serve the rapidly growing multi-billion dollar RF filter market using its integrated device manufacturer (IDM) business model. The company owns and operates a 120,000 square foot ISO-9001:2015 registered commercial wafer manufacturing facility located in Canandaigua, NY, which includes a Class 100/Class 1000 clean room – equipped for 150mm diameter wafers – for the design, development, manufacture and packaging of RF filters, MEMS and other semiconductor devices. Akoustis Technologies, Inc. is headquartered in the Piedmont Technology Corridor near Charlotte, North Carolina.

Forward-looking statements

This document contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, each as amended, which are intended to be covered by the “safe harbor” created by these sections. These forward-looking statements include, but are not limited to, statements about our estimates, expectations, beliefs, intentions, plans or strategies for the future (including our possible future results of operations, business strategies, competitive position, our potential growth opportunities, our market opportunities and the effects of competition), the expected benefits of the acquisition of RFMi and the supply agreement with Tai-Saw, including estimated synergies and other financial impacts , and the assumptions underlying these statements. Forward-looking statements include all statements that are not historical facts and are generally identified by the use of words such as “may”, “could”, “would”, “shall”, “should”, “could”, “project”, “expect”, “plan”, “strategy”, “anticipate”, “try”, “develop”, “help”, “believe”, “think”, “estimate”, “predict” , “intend”, “plan”, “seek”, “potential”, “possible”, “continue”, “future”, and similar words (including the negative of all of the above), although certain forward-looking statements may be expressed differently. Forward-looking statements are neither historical facts nor assurances of future results, performance, events or circumstances. Instead, these forward-looking statements are based on management’s current beliefs, expectations and assumptions and are subject to risks and uncertainties. Factors that could cause actual results to differ materially from those currently anticipated include, but are not limited to, risks relating to our inability to obtain adequate financing and maintain our status as a going concern; our limited operating history; our inability to generate revenue or achieve profitability; the results of our research and development activities; our inability to achieve market acceptance of our products; the possibility that the anticipated benefits of business acquisitions (including the acquisition of RFMi) may not be realized in full or at all or may take longer to be realized than expected; the possibility that the costs or difficulties of integrating the businesses of the acquired businesses (including those of RFMi) may be greater than anticipated and the possibility of disruptions to our business during integration efforts and time constraints and management resources; the impact of a pandemic or epidemic or natural disaster, including the COVID-19 pandemic, the Russian-Ukrainian conflict and other sources of volatility on our operations, financial condition and global economy, including its impact on our ability to access capital markets; increases in the prices of raw materials, labor and fuel caused by rising inflation; general economic conditions, including industry upturns and downturns; shortages of supplies needed to manufacture our products or needed by our customers to manufacture devices incorporating our products; our limited number of patents; failure to obtain, maintain and enforce our intellectual property rights; claims of infringement, misappropriation, or misuse of third-party intellectual property, including the lawsuit filed by Qorvo, Inc. in October 2021, which, regardless of merit, could result in significant expense and adversely impact our business results; our inability to attract and retain qualified personnel; our reliance on third parties to carry out certain processes related to the manufacture of our products; product quality and defects; existing or increased competition; our ability to successfully manufacture, market and sell products based on our technologies; our ability to meet required customer specifications and achieve qualification of our products for commercial manufacture on a timely basis; our inability to successfully scale our New York wafer fab and related operations while maintaining quality control and assurance and avoiding production delays; the rate and degree of market acceptance of any of our products; our ability to secure winning designs from current and future customers; enter into contracts with customers and other parties with greater bargaining power and agree to terms and conditions that may adversely affect our business; risks associated with doing business in foreign countries, including China; any security breaches, cyber-attacks or other disruptions that compromise our proprietary information and expose us to liability; our inability to innovate or adapt to new or emerging technologies, including relative to our competitors; our failure to comply with regulatory requirements; the results of any arbitration or litigation that may arise; the volatility and illiquidity of the shares; dilution caused by any future issuance of common stock or securities convertible or exercisable into common stock; our failure to implement our business plans or strategies; and our ability to maintain effective internal control over financial reporting. These and other risks and uncertainties are described in more detail in the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of the Company’s most recent Annual Report on Form 10- K and in subsequently filed quarterly reports on Form 10-Q Given these risks, uncertainties and assumptions, the forward-looking statements regarding the future events and circumstances discussed herein may not occur, and actual results could differ materially. and adversely from those anticipated or implied by the forward-looking statements. You should not rely on forward-looking statements as predictions of future events. The forward-looking statements included herein speak only as of the date hereof and, except as required by law, we undertake no obligation to publicly or privately update any forward-looking statements, whether written or oral for any reason after the date of this document to conform such statements to new information, actual results or changes in our expectations.


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