Akoustis to Pursue Strategic Sale of its Business Through Voluntary Chapter 11 ProcessCommitted to Full Continuity in Delivering Next-Generation BAW High-Band RF Filters to Customers Around the World Filing to Ensure Business Sold Free and Clear of Qorvo Infringement Following Final Judgement and Required Cleansing Process
Akoustis to Pursue Strategic Sale of its Business Through Voluntary Chapter 11 Process
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 today that it has voluntarily filed for chapter 11 relief in the United States Bankruptcy Court for the District of Delaware (the “Court”) to provide the Company with the flexibility to complete its ongoing marketing and sale process while continuing to deliver for its valued customers around the world. The voluntary chapter 11 filing follows the Company’s recent legal case with Qorvo, Inc., in which Akoustis was ordered to pay a total judgement of approximately $59 million in damages, fees, and interest related to allegations of trade secret misappropriation and patent infringement.
Akoustis Receives an Additional Purchase Order for $13 Million XBAW® Filters from Existing Tier-1 CustomerCharlotte, NC, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Akoustis Receives an Additional Purchase Order for $13 Million XBAW® Filters from Existing Tier-1 Customer
Akoustis Announces Leadership TransitionCharlotte, NC, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Akoustis Announces Leadership Transition
Akoustis Secures $8 Million in Volume XBAW® Orders with Tier-1 CustomerCharlotte, N.C., July 09, 2024 (GLOBE NEWSWIRE) -- 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 today that the Company has received $8M in new orders from a Tier-1 customer to satisfy the customer’s demand for four Wi-Fi Access Points (AP), which are either currently in production or ramping into production in the second half of calendar year 2024.
Akoustis Receives $2 Million in Volume Orders for Wi-Fi 7 Program from Tier-1 CarrierCharlotte, N.C., June 27, 2024 (GLOBE NEWSWIRE) -- 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 today that the company has received $2M in production orders from Tier-1 carrier customer to satisfy demand for two of its industry-leading XBAW® filters integrated into a Wi-Fi 7 platform.
Akoustis Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq RulesCharlotte, N.C., May 22, 2024 (GLOBE NEWSWIRE) -- 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 today that it has entered into definitive securities purchase agreements for the purchase and sale of an aggregate of 50,000,000 shares of the Company’s common stock (or common stock equivalents) at a purchase price of $0.20 per share of common stock (or common stock equivalent) in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about May 24, 2024 subject to the satisfaction of customary closing conditions.
Akoustis Completes Rollout of its XBAW® Design UpdatesCharlotte, N.C., May 22, 2024 (GLOBE NEWSWIRE) -- 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, has announced the final release to manufacturing of design updates across its product portfolio.
Akoustis to Webcast Q3FY24 Results on May 13 at 8:00 am ETCharlotte, N.C., May 07, 2024 (GLOBE NEWSWIRE) -- 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, will webcast its Q3FY24 results on Monday, May 13, 2024, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.
Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEMCharlotte, N.C., April 08, 2024 (GLOBE NEWSWIRE) -- 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 today that high-performance narrowband patented XBAW® filters are being designed into a new program with an enterprise-class original equipment manufacturer (OEM).
Akoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point ApplicationsCharlotte, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- 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 today two new bandedge RF filter products for Wi-Fi Automotive and Access Point applications. These filters are expected to ramp into production in the second half of calendar year 2024.
Akoustis to Attend the 36th Annual Roth Conference on March 17-19, 2024Charlotte, N.C., March 11, 2024 (GLOBE NEWSWIRE) -- 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 today that founder and CEO Jeff Shealy will attend the 36th Annual Roth Conference that takes place on March 17-19, 2024, in Laguna Niguel, California.
Akoustis to Attend GOMACTech 2024 in Charleston from March 19-20Charlotte, N.C., Feb. 15, 2024 (GLOBE NEWSWIRE) -- 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 today that the Company will an exhibitor at the GOMACTech Conference. The event is being held in Charleston, South Carolina, at the Embassy Suites by Hilton, Charleston Convention Center from March 18-21, 2024.
Akoustis to Webcast Q2FY24 Results on February 13 at 8:00 am ETCharlotte, N.C., Feb. 06, 2024 (GLOBE NEWSWIRE) -- 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, will webcast its Q2FY24 results on Tuesday, February 13, 2024, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.
Akoustis Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriter’s Option to Purchase Additional SharesCharlotte, N.C., Jan. 29, 2024 (GLOBE NEWSWIRE) -- 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 today the closing of its previously announced underwritten public offering of 20,000,000 shares of its common stock at a price to the public of $0.50 per share, including the exercise in full by the underwriter of its option to purchase 3,000,000 additional shares of Akoustis’ common stock, for a total offering of 23,000,000 shares of the Company’s common stock.. Net proceeds to Akoustis, after deducting the underwriting discount and estimated offering expenses payable by Akoustis, were approximately $10.4 million.
Akoustis Announces Proposed Public Offering of Common StockCharlotte, N.C., Jan. 24, 2024 (GLOBE NEWSWIRE) -- 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 today that it intends to offer and sell shares of its common stock in an underwritten public offering.
Akoustis to Attend the 26th Annual Needham Growth Conference on January 16, 2024Charlotte, N.C., Jan. 08, 2024 (GLOBE NEWSWIRE) -- 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 today that senior management will attend the 26th Annual Needham Conference on January 16, 2024.
Akoustis to Attend CES 2024 Conference in Las Vegas from January 9-12Charlotte, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) -- 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 today that the Company’s Executive and Sales personnel will be attending the CES 2024 Conference hosted by the Consumer Technology Association. The event is being held in Las Vegas, Nevada, at the LVCC and Venetian Expo on January 9-12, 2024.
Wi-Fi NOW Awards Akoustis and HPE Aruba Networking for Best Enterprise Wi-Fi SolutionCharlotte, N.C., Dec. 20, 2023 (GLOBE NEWSWIRE) -- 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 today that the Company, along with HPE Aruba Networking, has been awarded the 8th Annual Wi-Fi NOW Awards Gala for the Best Enterprise Wi-Fi Solution.
Akoustis to Attend the 14th Annual Craig-Hallum Alpha Select Conference on November 16, 2023Charlotte, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- 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 today that founder and CEO Jeff Shealy will attend the 14th Annual Craig-Hallum Alpha Select Conference being held at the Sheraton New York Times Square Hotel on November 16, 2023.
Akoustis to Webcast Q1FY24 Results on November 13 at 8:00 am ETCharlotte, N.C., Nov. 06, 2023 (GLOBE NEWSWIRE) -- 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, will webcast its Q1FY24 results on Monday, November 13, 2023, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.
Akoustis to Attend Wi-Fi World Congress North America 2023 Conference in Toronto from September 18-20Charlotte, N.C., Sept. 12, 2023 (GLOBE NEWSWIRE) -- 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 it will be exhibiting at the Wi-Fi World Congress North America 2023 (WWC) in Toronto, Canada, from September 18-20, 2023.
Akoustis to Webcast Q4FY23 and Full Year Results on September 6 at 8:00 am ETCharlotte, N.C., Aug. 29, 2023 (GLOBE NEWSWIRE) -- 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, will webcast its fourth quarter and full year 2023 results on Wednesday, September 6, 2023, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.
Akoustis to Attend the 4th Annual Needham Virtual Semiconductor & SemiCap Conference on August 22, 2023Charlotte, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- 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 today that senior management will attend the 4th Annual Needham Virtual Semiconductor & SemiCap Conference on August 22, 2023. The Conference is being held virtually on August 22-23, 2023.
Akoustis to Present at the Oppenheimer 26th Annual Technology, Internet & Communications Conference at 11:35 am ET on August 8th, 2023Charlotte, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- 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 today that senior management will present at the Oppenheimer 26th Annual Technology, Internet & Communications Conference from 11:35 am to 12:15 pm ET on August 8th, 2023. The Conference takes place on August 8-9, 2023, and will be hosted virtually.
Akoustis Launches State-of-the-Art XBAW® Foundry Services and AI-Enabled Engineering Design SoftwareCharlotte, N.C., June 13, 2023 (GLOBE NEWSWIRE) -- 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 the Company has launched its cutting-edge foundry and engineering services to target market segments including mobile, Wi-Fi, defense, 5G infrastructure, and automotive.
Akoustis Receives Two New Wi-Fi 6E Design WinsCharlotte, N.C., May 24, 2023 (GLOBE NEWSWIRE) -- 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 today that it has received two new Wi-Fi 6E design wins, one of which has already entered production for the European carrier market.
Akoustis to Attend Multiple Conferences in the June 2023 QuarterCharlotte, N.C., May 17, 2023 (GLOBE NEWSWIRE) -- 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 today that senior management will attend multiple investor conferences in the June 2023 quarter, as follows:
Akoustis to Webcast Q3FY23 Results on May 8 at 8:00 am ETCharlotte, N.C., May 01, 2023 (GLOBE NEWSWIRE) -- 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, will webcast its Q3FY23 results on Monday, May 8, 2023, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.
Akoustis Introduces New C-V2X Filter Solution for the Automotive MarketCharlotte, N.C., April 11, 2023 (GLOBE NEWSWIRE) -- 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 it has started sampling a new C-V2X filter solution, the A10159, designed for use at 5.9 GHz covering band 47. The filter is currently being sampled and is expected to ramp production in Q4 of calendar 2023.
Akoustis Appoints Michelle L. Petock, CEO of W Greig & Company, to its Board of DirectorsCharlotte, N.C., March 23, 2023 (GLOBE NEWSWIRE) -- 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 today that it has appointed Michelle L. Petock as a new member of its board of directors. The appointment brings the total number of board members to eight. Ms. Petock will serve on the Strategic Development Committee and the Audit Committee of the Company’s board of directors.
Akoustis to Attend the 35th Annual Roth Conference on March 13th, 2023Charlotte, N.C., March 08, 2023 (GLOBE NEWSWIRE) -- 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 today that Founder and CEO Jeff Shealy will attend the 35th Annual Roth Conference being held at the Ritz-Carlton, Laguna Nigel in Orange County, CA on March 12-14, 2023.
Akoustis to Webcast Q2FY23 Results on February 7 at 8:00 am ETCharlotte, N.C., Jan. 31, 2023 (GLOBE NEWSWIRE) -- 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, will webcast its Q2FY23 results on Tuesday, February 7, 2023, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.
Akoustis Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional SharesBoard and Management Purchased over $1 Million in Common Stock in the Oversubscribed Offering, Led by $900K Investment from Founder & CEO Jeff Shealy
Akoustis Announces Pricing of Public Offering of $30.0 Million of Common StockCharlotte, N.C., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (Nasdaq: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer of patented bulk acoustic wave (“BAW”) high-band radio frequency (“RF”) filters for mobile and other wireless applications, announced today that it has priced its underwritten public offering of 10,909,091 shares of its common stock at a public offering price of $2.75 per share.
Akoustis Acquires GDSI, a US-Based, Trusted Supplier of Premium Semiconductor Back-End Supply Chain ServicesHuntersville, N.C., Jan. 04, 2023 (GLOBE NEWSWIRE) -- 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 today that it has acquired Grinding and Dicing Services, Inc. (“GDSI”), a US-based provider of premium back-end semiconductor supply chain services. Akoustis’ acquisition of GDSI is expected to support a strategy to reshore its packaging of XBAW filters to the United States and to support its anticipated application for funding under the CHIPS and Science Act.
Akoustis Receives First 5G Mobile BAW Filter Design Win from Tier-1 RF Component CompanyCharlotte, N.C., Dec. 28, 2022 (GLOBE NEWSWIRE) -- 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 today that it has received its first design win in 5G mobile from a leading multi-billion-dollar Tier-1 RF component company customer. The XBAW® filter is designed into a new multiplexer product that is expected to ship in the first half of calendar 2023 as part of a major chipset OEM reference design.
Akoustis Joins Wi-Fi NOW Industry Association as Official RF Filter PartnerCharlotte, N.C., Nov. 21, 2022 (GLOBE NEWSWIRE) -- 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 it has joined the Wi-Fi NOW industry association as an Official RF Filter Partner, alongside major thought leaders including Cisco, Eero, Linksys, Intel, Netgear, and many more.
Akoustis to Webcast Q1FY23 Results on November 14 at 8:00 am ETCharlotte, N.C., Nov. 07, 2022 (GLOBE NEWSWIRE) -- 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, will webcast its Q1FY23 results on Monday, November 14, 2022, at 8:00 am Eastern Time. Management will host a question-and-answer session at the end of the call.
Akoustis Becomes Charter Member of the Semiconductor Industry AssociationCharlotte, N.C., Oct. 06, 2022 (GLOBE NEWSWIRE) -- 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 it has joined the Semiconductor Industry Association (SIA) as a Charter Member, alongside industry stalwarts including Intel, Micron, Qualcomm, AMD and others.
Akoustis Announces Next Generation Wi-Fi 6E and Wi-Fi 7 Filter SolutionsCharlotte, N.C., Oct. 04, 2022 (GLOBE NEWSWIRE) -- 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 it has started sampling two new Wi-Fi 6E and Wi-Fi 7 filter solutions, covering the U-NII 1-3 and U-NII 5-8 bands of high-frequency, high-speed Wi-Fi. The filters are expected to ramp into production in the first half of calendar 2023.
