IDM

Akoustis Announces $10 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

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수요일, 5월 22, 2024

The offering is expected to close on or about May 24, 2024 subject to the satisfaction of customary closing conditions.

Key Points: 
  • The offering is expected to close on or about May 24, 2024 subject to the satisfaction of customary closing conditions.
  • Roth Capital Partners is acting as the exclusive placement agent for the offering.
  • Akoustis expects the gross proceeds from the offering to be approximately $10,000,000 million, before deducting the placement agent’s fees and other estimated offering expenses payable by Akoustis.
  • Akoustis intends to use the net proceeds from the proposed offering for working capital and to fund operations.

Akoustis Completes Rollout of its XBAW® Design Updates

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수요일, 5월 22, 2024

Akoustis developed the updates to its XBAW® manufacturing process to remove any patented features claimed by Qorvo, Inc. in U.S. Patent Nos.

Key Points: 
  • Akoustis developed the updates to its XBAW® manufacturing process to remove any patented features claimed by Qorvo, Inc. in U.S. Patent Nos.
  • Qorvo asserted the patents against certain XBAW® RF filters in Qorvo, Inc. vs. Akoustis Technologies, Inc., No.
  • These updates have been incorporated into both new XBAW® RF filters and many earlier XBAW® filter designs since the Fall of 2022.
  • Effective immediately, the Company has released these design updates to manufacturing for the remainder of its filter products that remain in production and distribution as needed to remove any potential infringement.

OWIT Global Hits Milestone with Its Insurance Data Management (IDM) Solution for Bordereaux and Delegated Underwriting Management Processing

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수요일, 5월 22, 2024

OWIT Global (OWIT), the leader in cloud-based insurance-specific microservices-architected solutions to digitalize the global insurance industry, has announced it has hit a milestone with the development and delivery of its Insurance Data Management (IDM) solution, processing over ten million of insurance-specific transactions globally for bordereaux and delegated underwriting management.

Key Points: 
  • OWIT Global (OWIT), the leader in cloud-based insurance-specific microservices-architected solutions to digitalize the global insurance industry, has announced it has hit a milestone with the development and delivery of its Insurance Data Management (IDM) solution, processing over ten million of insurance-specific transactions globally for bordereaux and delegated underwriting management.
  • Today, OWIT’s IDM solution is in production at Carrier, Reinsurance, Broker, and MGA global locations, processing millions of policy, claims, and cash transactions.
  • The IDM solution is built on OWIT’s Digitalization Insurance Enterprise Management (O/DIEM) platform, a tool-based, microservices platform that puts the power of configuration for data cleansing and insurance processing in the hands of the client.
  • The IDM solution also supports real-time data interchange, eliminating the traditional industry practice of batch processing.

Key Measures of Global Semiconductor Manufacturing Industry Strength Improve in Q1 2024, SEMI Reports

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화요일, 5월 14, 2024

In Q1 2024, electronic sales rose 1% year-over-year (YoY), with Q2 2024 forecast to register a 5% YoY increase.

Key Points: 
  • In Q1 2024, electronic sales rose 1% year-over-year (YoY), with Q2 2024 forecast to register a 5% YoY increase.
  • IC inventory levels stabilized in Q1 2024 and are expected to improve this quarter.
  • The Semiconductor Manufacturing Monitor (SMM) report provides end-to-end data on the worldwide semiconductor manufacturing industry.
  • The report highlights key trends based on industry indicators including capital equipment, fab capacity, and semiconductor and electronics sales, and includes a capital equipment market forecast.

Key Measures of Global Semiconductor Manufacturing Industry Strength Improve in Q1 2024, SEMI Reports

Retrieved on: 
화요일, 5월 14, 2024

In Q1 2024, electronic sales rose 1% year-over-year (YoY), with Q2 2024 forecast to register a 5% YoY increase.

Key Points: 
  • In Q1 2024, electronic sales rose 1% year-over-year (YoY), with Q2 2024 forecast to register a 5% YoY increase.
  • IC inventory levels stabilized in Q1 2024 and are expected to improve this quarter.
  • The Semiconductor Manufacturing Monitor (SMM) report provides end-to-end data on the worldwide semiconductor manufacturing industry.
  • The report highlights key trends based on industry indicators including capital equipment, fab capacity, and semiconductor and electronics sales, and includes a capital equipment market forecast.

Akoustis to Webcast Q3FY24 Results on May 13 at 8:00 am ET

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화요일, 5월 7, 2024

Charlotte, N.C., May 07, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, will webcast its Q3FY24 results on Monday, May 13, 2024, at 8:00 am Eastern Time.

Key Points: 
  • Charlotte, N.C., May 07, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, will webcast its Q3FY24 results on Monday, May 13, 2024, at 8:00 am Eastern Time.
  • Management will host a question-and-answer session at the end of the call.
  • To listen to the call by telephone, please dial 877-407-3982 (domestic) or 201-493-6780 (international).
  • The conference call will be webcast live on the Company’s website and will be available for playback at the following URL: https://ir.akoustis.com/news-events/ir-calendar .

Clever Announces Layered Security Solutions to Improve K-12 Cybersecurity

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화요일, 5월 7, 2024

SAN FRANCISCO, May 7, 2024 /PRNewswire/ -- Clever, the platform powering secure digital learning for over 100,000 schools, today announced its layered security solution, providing secure identity and access management, to meet the unique needs of K-12 schools.

Key Points: 
  • Clever's Layered Security solutions deliver identity and access management tools designed for K-12 education, and a new cybersecurity blueprint helps districts implement security best practices
    SAN FRANCISCO, May 7, 2024 /PRNewswire/ -- Clever , the platform powering secure digital learning for over 100,000 schools, today announced its layered security solution, providing secure identity and access management, to meet the unique needs of K-12 schools.
  • Layered security from Clever provides multiple layers of protection to enhance district cybersecurity, all with one trusted vendor.
  • These solutions, uniquely designed for the needs of K-12, provide protections for the entire district community, including teachers, students, and staff.
  • The new Clever Cybersecurity Blueprint is a free resource that lays out the top 5 strategies schools can adopt as foundational practices for stronger cybersecurity.

DIGITIMES Asia: Analog IC inventory returns to normal levels

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월요일, 5월 6, 2024

According to the news report from the technology-focused media DIGITIMES Asia ,Texas Instruments (TI) pointed out that in addition to inventory levels in the consumer market returning to normal, supply chain inventory destocking in application markets, such as automotive and industrial control, has entered the final stage.

Key Points: 
  • According to the news report from the technology-focused media DIGITIMES Asia ,Texas Instruments (TI) pointed out that in addition to inventory levels in the consumer market returning to normal, supply chain inventory destocking in application markets, such as automotive and industrial control, has entered the final stage.
  • Taiwanese IC design houses believe that despite overall demand for analog ICs remaining sluggish, inventory levels have generally returned to normal .
  • As the leading manufacturer in the analog IC market, TI's market observations and related statements have always been seen as important indicators by industry players.
  • Customers not only requested that price reductions return to pre-pandemic levels, but actively asked that actual prices also return to pre-pandemic levels.

Akoustis Secures Design Win and Volume Orders for Wi-Fi 7 Solution with Tier-1 Enterprise Class OEM

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월요일, 4월 8, 2024

Multiple high-performance, narrowband XBAW® filters will be utilized within the OEM’s 4x4 Multi-User, Multiple-In-Multiple-Out (MU-MIMO) Wi-Fi 7 enterprise router.

Key Points: 
  • Multiple high-performance, narrowband XBAW® filters will be utilized within the OEM’s 4x4 Multi-User, Multiple-In-Multiple-Out (MU-MIMO) Wi-Fi 7 enterprise router.
  • The filters exhibit a high out-of-band (OOB) rejection within a one-percent transition gap from the filter’s passband frequency.
  • Akoustis has booked volume orders from the customer to support development efforts and facilitate a production ramp-up in the second half of the calendar year 2024.
  • The Company continues to secure new design wins in its target markets including Wi-Fi, 5G Infrastructure, Automotive and Defense, many of which are slated to ramp into production in the coming months.

Akoustis Introduces Two New 2.4 GHz BAW RF Filters for Wi-Fi Automotive and Access Point Applications

Retrieved on: 
수요일, 4월 3, 2024

Charlotte, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today two new bandedge RF filter products for Wi-Fi Automotive and Access Point applications.

Key Points: 
  • Charlotte, N.C., April 03, 2024 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today two new bandedge RF filter products for Wi-Fi Automotive and Access Point applications.
  • These filters are expected to ramp into production in the second half of calendar year 2024.
  • Akoustis’ new Wi-Fi/LTE coexistence BAW RF filters are designed specifically for the Wi-Fi 2.4 GHz band, covering channels 1 to 11.
  • Utilized in Wi-Fi routers, access points, extenders, mesh systems, mobile hotspots, ISM, and automotive, these filters offer high performance, robust power handling, and high out-of-band rejection.