Akoustis Technologies Has Secured A Tier-1 Design Win For A Wireless Battery Management System Chipset In Electric Vehicles From A Leading Automotive Product Supplier Directly Supplying The OEM
Portfolio Pulse from Benzinga Newsdesk
Akoustis Technologies has achieved a significant milestone by securing a design win from a Tier-1 automotive product supplier for its wireless battery management system chipset, which will be used in electric vehicles. This win represents a strategic advancement for Akoustis in the automotive sector, directly supplying the original equipment manufacturer (OEM).

January 29, 2024 | 12:28 pm
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Akoustis Technologies' design win with a Tier-1 automotive supplier for its wireless battery management system chipset could lead to increased revenue and market share in the EV sector, potentially boosting investor confidence.
The design win for Akoustis Technologies is a significant development, as it represents an entry into the rapidly growing electric vehicle market. This could lead to increased revenue streams and partnerships, as well as greater visibility in the automotive industry. The news is likely to be viewed positively by investors, as it suggests potential growth and expansion for the company. However, the actual financial impact will depend on the scale of the deal and the adoption rate of the technology by the OEM.
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