What is Akoustis?
Akoustis Technologies, Inc., through its subsidiary Akoustis, Inc., is a key player in the design, development, and manufacturing of radio frequency (RF) filter products. Serving the mobile wireless device industry across the United States, Asia, Europe, and internationally, the company's offerings are critical for smartphones, tablets, cellular infrastructure, Wi-Fi equipment, and military applications. Akoustis operates through two primary segments: Foundry Fabrication Services, which provides engineering and backend packaging, and RF Filters, offering advanced amplifier and filter products. Founded in 2013 and headquartered in Huntersville, North Carolina, Akoustis aims to address the increasing demand for high-performance RF components.
How much funding has Akoustis raised?
Akoustis has raised a total of $36.6M across 2 funding rounds:
Debt
$1M
Stock Offering
$35.6M
Debt (2020): $1M with participation from PPP
Stock Issuance/Offering (2021): $35.6M, investors not publicly disclosed
Key Investors in Akoustis
PPP
Public-Private Partnership
What's next for Akoustis?
The recent major strategic investment signals a pivotal phase for Akoustis, likely enabling the company to scale its production capacity and accelerate the commercialization of its next-generation RF filter technologies. This capital infusion is anticipated to strengthen its competitive edge against established players and emerging threats in the RF semiconductor market. Strategic partnerships and further product innovation will be crucial as Akoustis navigates the evolving landscape of wireless communication standards and device requirements.
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