Akoustis Receives An Additional Purchase Order For $13M XBAW Filters From Existing Tier-1 Customer
Portfolio Pulse from Benzinga Newsdesk
Akoustis Technologies, Inc. (NASDAQ: AKTS) has received an additional $13 million purchase order for its XBAW RF filters from an existing Tier-1 customer, raising total production commitments to over $21 million. The customer also has the option to increase order quantities based on demand.
August 13, 2024 | 12:20 pm
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Akoustis Technologies has received an additional $13 million purchase order for its XBAW RF filters from an existing Tier-1 customer, increasing total commitments to over $21 million. This indicates strong demand and a robust relationship with the customer.
The additional $13 million order from a Tier-1 customer signifies strong demand for Akoustis' XBAW RF filters and a solid relationship with the customer. This is likely to positively impact the company's revenue and stock price in the short term.
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