Technology Company Secures $8 Million Order

Akoustis Technologies, Inc. (NASDAQ: AKTS), an integrated device manufacturer specializing in patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, has recently announced the acquisition of $8 million in new orders from a Tier-1 customer. These orders pertain to the supply of components for four Wi-Fi Access Points (AP), which are either currently in production or expected to commence production in the latter half of 2024. This development marks a milestone for Akoustis, indicating robust demand for its advanced BAW solutions and its ability to cater to high-profile clients in the competitive wireless market. The orders will entail the delivery of millions of parts over the next six months, including both existing and new generation XBAW® filters, thereby showcasing the company's technological prowess and commitment to innovation. $Akoustis Technologies(AKTS.US)$