Akoustis Completes Qualification of First Wafer-Level-Packages for 5G Mobile & Other Markets
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- Technology qualification of Akoustis’ internally developed and manufactured WLP completed
- Two Tier-1 5G Mobile RF and First Timing Control Customers Accept New WLP Technology and Packages
- First products using WLP technology are expected to ramp up production in early calendar 2023
Charlotte, NC, December 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 today that it has completed qualification and released its internally developed proprietary wafer-level-packaging (WLP) technology for the 5G mobile, Wi-Fi, timing and other markets.
In response to global supply chain challenges, Akoustis has spent the past year developing proprietary WLP technology in its New York manufacturing facility, while also rapidly expanding its manufacturing capacity to target the 5G mobile device, Wi-Fi, timing and other markets with its XBAW® filter products and advanced packaging. The company used its first Tier-1 5G mobile customer to exercise the manufacturing process of its new WLP technology and as the qualification vehicle. The first WLP packages are production released for the 5G mobile and timing control markets. The WLP technology enables BAW filter solutions with overall bump height of less than 0.3mm that can be integrated into an overmolded front end module.
Akoustis Founder and CEO Jeff Shealy said, “I am pleased to report that the development of our wafer-level package (WLP) technology manufactured in our New York manufacturing facility has been successfully completed.” Mr. Shealy continued, “The qualification of this new, advanced WLP process and packages enables smaller form factors, lower costs and will open up significant high-volume markets for Akoustis, including 5G smartphones, tablets and PCs, which represent the largest revenue opportunities for our XBAW represent. ® technology.”
Akoustis continues to experience strong demand and a growing sales funnel for its Wi-Fi, 5G mobile and 5G infrastructure products, including CBRS XBAW® filters, as well as its new XBAW® and RFMi resonator and oscillator products. Akoustis continues to add new Wi-Fi design wins, many of which are expected to enter production in calendar year 2023.
Akoustis is actively delivering volume production of its Wi-Fi 6 tandem filter solutions, shipping several 5G small cell XBAW® filter solutions, and delivering initial designs of its new 5G mobile filter solutions to several customers and now entering the market with its new Wi-Fi 6E coexistence XBAW® filter solutions. Akoustis has received more than 20 customer design wins to date for its patented XBAW® filter solutions.
Given the rapidly growing sales funnel activity, as well as ongoing interaction with customers regarding expected ramps in 5G mobile, Wi-Fi 6 and Wi-Fi 6E in calendar 2023, the company is completing the annual production capacity increase at its New York factory to approximately 0.5 billion filters per year.
About Akoustis Technologies, Inc.
Akoustis® (http://www.akoustis.com/) is a high-tech BAW RF filter solutions company pioneering next-generation materials science and MEMS wafer manufacturing to address market demands for improved RF filters – targeting higher bandwidth, higher operating frequencies and higher output power compared to legacy polycrystalline BAW technology. The company uses its proprietary and patented XBAW® manufacturing process to manufacture bulk acoustic wave RF filters for mobile and other wireless markets, facilitating signal acquisition and accelerating band performance between the antenna and digital backend. Excellent performance is driven by significant advances in poly-crystal, single-crystal and other high purity piezoelectric materials and the resonator-filter process technology that enables optimal trade-offs between critical power, frequency and bandwidth performance specifications.
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 sq.ft. ft. ISO-9001:2015 registered commercial wafer manufacturing facility located in Canandaigua, NY, which includes a class 100 / class 1000 cleanroom facility – ready for 150 mm diameter wafers – for the design, development, manufacturing 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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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 – V. Taking into account these risks, uncertainties and assumptions, the forward-looking statements regarding future events and circumstances discussed in this document may not occur, and actual results may differ materially and adversely from those anticipated or implied in the forward-looking statements. be implied. You should not rely on 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 publicly or privately make any forward-looking statements, whether written or oral, for any reason after the date not update. of this document to adjust these statements to new information, actual results or to changes in our expectations.
COMPANY: Tom Sepenzis Akoustis Technologies VP of Corporate Development & IR (980) 689-4961 [email protected] The Del Mar Consulting Group, Inc. Robert B. Prag, President (858) 794-9500 [email protected]
Source: Akoustis, Inc.
