Akoustis Says It Received First Development Order from Leading Commercial Satellite Communications Company for Use of XBAW Foundry Services
Portfolio Pulse from Benzinga Newsdesk
Akoustis Technologies announced receiving its first development order from a major commercial satellite communications company for the use of its XBAW foundry services. This order marks a significant milestone for Akoustis as it expands its customer base and services in the satellite communications industry.
December 06, 2023 | 12:26 pm
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Akoustis Technologies has received a development order from a leading satellite communications company, indicating expansion and potential growth in its XBAW foundry services sector.
The announcement of a development order from a leading satellite communications company is a positive signal for Akoustis Technologies, suggesting confidence in its XBAW foundry services by industry players. This could lead to increased investor interest and a potential uptick in stock price in the short term as the market reacts to the news of expanding business opportunities and customer base.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100