Akoustis Completes its XBAW Design Updates Rollout

DENVER, Colo., May 22, 2024 (247marketnews.com)- Akoustis Technologies, Inc. (NASDAQ:AKTS) completed the final release of its manufacturing design updates, including updates to its XBAW manufacturing process to remove all patented features claimed by Qorvo, Inc. in U.S. Patent Nos. 7,522,018 and 9,735,755.

“While Akoustis is disappointed with the jury’s verdict, the Company prepared well in advance for all potential outcomes,” commented Akoustis Executive Vice President of Business Development, Dave Aichele. “Based on our testing and qualification over the last two years, the design updates to these earlier XBAW® filters do not have any form, fit or function impact to the performance and reliability, as the Qorvo patented claims were not design features of the XBAW® process. Akoustis is well-prepared to move forward notwithstanding any injunction Qorvo may seek against the accused legacy versions of our products.”

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