- Company’s second product manufactured using
its high frequency XB1 Single Crystal BAW process -- High
frequency solution aligns with emerging 5G frequency spectrum
-- Company expects product qualification and release in
calendar Q3 2018 -
Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or
the “Company”), a manufacturer of patented single-crystal bulk
acoustic wave (BAW) high-band RF filters for mobile and other
wireless applications, announced today the Company introduced
a new high frequency BAW RF filter product at 3.8 GHz, the
AKF-1938, initially targeting radar applications.
The AKF-1938 is the result of a key customer
collaboration with a well-established OEM specializing in
non-mobile communication systems with annual revenue of more than
$1 billion. Akoustis expects to offer pre-production packaged
product samples later this quarter.
The AKF-1938 is a high performance, ultra-small
passband 3.8 GHz BAW RF filter designed for use in radar and RF
transceiver applications. The filter wafers will be manufactured
using Akoustis’ new proprietary XB1 single-crystal BAW
manufacturing process, which delivers high-performance RF filter
solutions for frequencies up to 7 GHz. The AKF-1938 provides low
insertion loss covering 100 MHz of bandwidth and meets the
stringent rejection requirements for microwave radar applications.
The filter solution incorporates standard commercial module
packaging and is compatible with high-volume, lead-free SMT
soldering processes. The product is expected to be fully qualified
for high volume manufacturing in the third quarter of calendar
2018.
The AKF-1938 filter features:
- High frequency operation at 3.8 GHz
- Wide bandwidth covering 100 MHz
- Low insertion loss in filter passband
- High rejection with >40 dB over wide spectrum up to 10
GHz
- Single-ended 50 Ohm input/output ports
- Ultra-small form factor packaged module at 2mm x 2.5mm x
0.9mm
- High operating temperature range from -40 C to +105 C
Jeff Shealy, Founder & CEO of Akoustis,
said, “The AKF-1938 is our second RF filter product announcement in
the sub-6GHz spectrum and operates in the recently allocated
spectrum for 5G mobile. The product supports a key radar customer
engagement which we expect to transition to production later in
2018 and will be added to our product catalog for other wireless
applications.” Mr. Shealy continued, “Operating at 3.8 GHz,
this filter further demonstrates the capability of our patented
single crystal BAW technology to reach frequencies currently
lacking high performance BAW solutions.”
The Company’s XBAW single-crystal BAW
manufacturing process supports a wide range of frequency spectrum
up to 7 GHz, covering 2 GHz and 5 GHz WiFi, 4G LTE and emerging 5G
cellular and C-V2X applications. In March, the Company announced
its first commercial filter product on its proprietary XB1 process,
creating the industry’s first commercial 5.2 GHz BAW filter
designed for use in tri-band WiFi router applications.
Dave Aichele, VP of Business Development,
stated, “The AKF-1938 addresses a key customer requirement
providing high performance and significant reduction in size
critical for multi-element phased array radar applications.” Mr.
Aichele continued, “The product offers low loss at 3.8 GHz, high
temperature operation up to +105 C, along with high rejection
across a broad spectrum up to and above 10 GHz.”
The AKF-1938 will support demanding temperature
operation and high rejection performance requirements. The product
offers low insertion loss in a small form factor enabling compact
phased-array radar systems. Companies that are interested in
evaluating the AKF-1938 should contact Akoustis at
sales@akoustis.com.
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 to address the market
requirements for improved RF filters - targeting higher bandwidth,
higher operating frequencies and higher output power compared
to incumbent polycrystalline BAW technology deployed
today. The Company utilizes its proprietary XBAW single-crystal BAW
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 high-purity, single
crystal piezoelectric materials and the resonator-filter
process technology which drives electro-mechanical coupling and
translates to wide filter bandwidth.
The Company plans to service the fast growing
multi-billion-dollar market of device OEMs, network providers,
and consumers to diminish front end phone heat, battery drain
and signal loss -- all considered to be directly related to current
RF polycrystalline filter technologies' limitations. The Company
owns and operates a 120,000 sq. ft. ISO-9001
certified 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.
Forward-Looking Statements This document
includes “forward-looking statements” within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, that are intended
to be covered by the “safe harbor” created by those
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, potential growth opportunities, potential
market opportunities and the effects of competition), and the
assumptions underlying such statements. Forward-looking statements
include all statements that are not historical facts and typically
are identified by use of terms such as "may," "will," "should,"
"could," "expect," "plan," "anticipate," "believe," "estimate,"
"predict," “intend,” “forecast,” “seek,” "potential," "continue"
and similar words, although some forward-looking statements are
expressed differently. Forward-looking statements are neither
historical facts nor assurances of future performance. 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, without
limitation, risks relating to the results of our research and
development activities, including uncertainties relating to
semiconductor process manufacturing; the development of
our BulkONE® technology and products presently under
development and the anticipated timing of such development; our
ability to protect our intellectual property rights that are
valuable to our business, including patent and other intellectual
property rights; our ability to successfully market and sell
products based on our technologies; the ability to
achieve qualification of our products for commercial
manufacturing in a timely manner and the size and growth of the
potential markets for any products so qualified; the rate and
degree of market acceptance of any of our products; and our
ability to raise funding to support operations and the
continued development and qualification of our products and the
technologies underlying them. These and other risks and
uncertainties are described in more detail in the Part I, Item 1A -
Risk Factors of the Company’s most recent Annual Report on Form
10-K and in subsequently filed Quarterly Reports on Form
10-Q. In light of these risks, uncertainties and
assumptions, the forward-looking statements regarding future events
and circumstances discussed in this press release may not occur,
and actual results could differ materially and adversely from those
anticipated or implied in the forward-looking statements. You
should not rely upon forward-looking statements as predictions of
future events. The forward-looking statements included in
this press release speak only as of the date hereof and, except as
required by law, we undertake no obligation to update publicly or
privately any forward-looking statements, whether written or oral,
for any reason after the date of this press release to conform
these statements to new information, actual results or to changes
in our expectations.
Contact:
COMPANY:
Tom Sepenzis
Akoustis Technologies, Inc.
Director of Investor Relations
704-890-2925
tsepenzis@akoustis.com
The Del Mar Consulting Group, Inc.
Robert B. Prag, President
858-794-9500
bprag@delmarconsulting.com
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