Akoustis Technologies, Inc. announced that the Company has received $8 Million 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. The purchase orders provide a significant backlog, and the Company plans to deliver millions of parts over the next six months to support the new demand for two Wi-Fi 6E APs that have been in production over the past year and two new Wi-Fi 7 programs ramping into production. Pursuant to the purchaser orders, Akoustis will be delivering a total of ten unique narrowband and wideband XBAW® filters, four of which are previous generation and six of which are next-generation designs focused on providing improved performance in a smaller form factor, demonstrating an overall lower cost platform.

The collaboration highlights the robust relationship with this Wi-Fi 7 customer. The customer?s architecture heavily relies on Akoustis? high-performance BAW solutions and advanced filter capabilities.

The Company is committed to providing solutions to support its growth and market success in the Wi-Fi market.