Why Is Akoustis Technologies (AKTS) Stock Up 158% Today?
AKTSAkoustis Technologies(AKTS) investorplace.com·2024-05-22 19:48

Akoustis Technologies (NASDAQ:AKTS) stock is rocketing higher on Wednesday alongside the rollout of design updates from the radio frequency (RF) filter manufacturing company. Akoustis Technologies notes that it has redesigned its XBAW manufacturing process. This removes any features that were patented by Qorvo and affecting XBAW RF filters. The company says these changes go back to the Fall of 2022. Dave Aichele, executive vice president of Business Development at Akoustis Technologies, said the following a ...