– 5.6 GHz Filter Combines with Company’s Existing
5.2 GHz Filter to Provide World’s First High-Band WiFi Micro Filter
Co-Existence Solution –– Company Expands Sampling of Ultra-Wideband
5.6 GHz Filter for Tri-Band WiFi Equipment –– Delivery of
Pre-Production 5.6 GHz Filters Expected in the Current Quarter
–
Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or
the “Company”), a design and manufacturer of patented bulk acoustic
wave (BAW) high-band RF filters for mobile and other wireless
applications, announced today a second iteration of its 5.6 GHz
XBAW™ WiFi filter and a pre-production order from a current global
RF customer.
The second iteration of the 5.6 GHz filter
offers superior performance including lower loss and improved
rejection of unwanted WiFi signals. Furthermore, the latest
iteration simplifies the chip complexity and shares the same XBAW
wafer process, backend package and supply chain as the Company’s
5.2 GHz WiFi filter currently in pre-production.
An executive from the Company’s global RF
customer stated, “XBAW technology is outstanding, even as compared
with other BAW and FBAR in the industry. We believe this leading
filter technology is well positioned in the high-frequency bands
for WiFi networking and 5G mobile and will help us deliver
significant growth over the next several years.”
Akoustis began sampling the second iteration of
its 5.6 GHz WiFi filter earlier this quarter and expects to offer
samples to more than twenty OEM, ODM, SoC and RFFE companies
currently evaluating Akoustis’ 5.2 GHz WiFi filter. The Company
expects to offer the first tandem BAW coexistence filter solution
covering both the 5.2 GHz and 5.6 GHz frequency bands in a tri-band
WiFi router.
Akoustis previously announced a pre-production
order and shipment of 5.2 GHz WiFi filters to this global RF
customer in the March 2019 quarter. That same order included
greater than 50,000 pre-production 5.6 GHz WiFi filters, which
Akoustis expects to deliver in the current quarter.
Jeff Shealy, Founder and CEO of Akoustis,
stated, “This new filter represents a significant advancement for
Akoustis as we now have the world’s first micro-filter tandem
solution targeting both 5 GHz WiFi bands. Our customers can now
replace existing filter technology with a solution that is up to 23
times smaller, driving far more competitive form factors and
allowing more complex MU-MIMO architectures.” Mr. Shealy continued,
“Our 5.6 GHz filter is packaged with an identical footprint as our
existing 5.2 GHz filter and uses the same supply chain, which
should accelerate the evaluation process for the customers sampling
our XBAW WiFi filters.”
Akoustis began sampling its first generation 5.6
GHz XBAW WiFi co-existence filter in December 2018. Initial samples
were sent to a limited number of potential customers for evaluation
and technical feedback. Over the past few months, Akoustis has been
engaged in internal engineering efforts to incorporate customer
feedback into the new 5.6 GHz filter product design.
The 5.6 GHz XBAW WiFi filter features:• Low
insertion loss passband filter • Wide bandwidth with 345 MHz
passband• High rejection enables co-existence with adjacent WiFi
UNII bands • Single ended Tx/Rx ports • High power rating, maximum
+30dBm• Ultra small form factor 2.5mm x 2.0mm x 0.9mm • Performance
over -40C to +85C• RoHS compliant, Pb-free package
The 5.6 GHz filter is designed and manufactured
using the Company’s patented XBAW process and manufactured in the
Company’s Si-MEMS Wafer Fab located in Canandaigua, NY.
Akoustis has introduced several new filters over
the past twelve months including a 5.6 GHz WiFi filter, a 5.2 GHz
WiFi filter, a 3.8 GHz filter for military phased-array radar
applications, a 3.6 GHz filter for the CBRS infrastructure market
and Band 25 downlink and uplink filters for LTE infrastructure. The
Company is also developing several new filters for the sub 7 GHz
bands targeting 5G mobile device, network infrastructure, WiFi CPE
and military markets.
About Akoustis Technologies,
Inc.
Akoustis® (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 incumbent polycrystalline BAW technology
deployed today. The Company utilizes its proprietary 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 high-purity,
single-crystal and associated piezoelectric materials and the
resonator-filter process technology which drives electro-mechanical
coupling and translates to wide filter bandwidth.
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 120,000 sq. ft. ISO-9001:2015
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, 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
XBAWTM 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 manufacture, 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; our ability to raise funding to support operations and
the continued development and qualification of our products and the
technologies underlying them; and our ability to service our
outstanding indebtedness. 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.
Considering these risks, uncertainties and assumptions, the
forward-looking statements regarding future events and
circumstances discussed in this document 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
document 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 document to conform these statements
to new information, actual results or to changes in our
expectations.
- Akoustis 5 GHz WiFi Filters
Contact:
COMPANY:
Tom Sepenzis
Akoustis Technologies
VP of Corporate Development & IR
(980) 689-4961
tsepenzis@akoustis.com
The Del Mar Consulting Group, Inc.
Robert B. Prag, President
(858) 794-9500
bprag@delmarconsulting.com
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