Akoustis Secures $2M Production Orders for Wi-Fi 7 Filters
Portfolio Pulse from Benzinga Newsdesk
Akoustis Technologies, Inc. (NASDAQ:AKTS) has secured $2M in production orders for its Wi-Fi 7 filters from a Tier-1 carrier customer. These filters will be integrated into a Wi-Fi 7 platform, supporting 5 and 6 GHz bands with enhanced performance. The orders will support production through March 2025.
June 27, 2024 | 11:08 am
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Akoustis Technologies has received $2M in production orders for its Wi-Fi 7 filters from a Tier-1 carrier, supporting production through March 2025. This indicates strong demand and potential revenue growth.
The $2M production orders from a Tier-1 carrier for Wi-Fi 7 filters suggest strong demand and potential revenue growth for Akoustis Technologies. The orders support production through March 2025, indicating a stable revenue stream in the short term.
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