Akoustis Technologies (NASDAQ: AKTS) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “We regard AKTS as an emerging vendor of RF filters for the smartphone, WiFi, infrastructure and defense markets. AKTS’ revenue guidance reflects expectation for volume filter revenue ramp in the mid-to-late CY20 timeframe. However, AKTS remains comfortable that revenue growth and volume production ramp can be supported by multiple end market programs from several Tier-1 customers. We maintain our Buy rating.”
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About Akoustis Technologies, Inc.
Akoustis(R) 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. For more information, visit the company’s website at www.Akoustis.com.
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