What Happened?
Huntersville, NC-based Akoustis Promoted Kenneth Boller as Chief Financial Officer
About the Company
Founded in 2014 by experienced industry leaders and scientists from University of California at Santa Barbara (UCSB) and Cornell University, Akoustis` mission is to commercialize and manufacture its patent-pending Bulk ONE™ acoustic wave technology to address the critical frequency-selectivity requirements in today`s mobile smartphones – improving the efficiency and signal quality of Mobile Wireless devices and enabling The Internet of Things. The Bulk Acoustic Wave (BAW) filter market is rapidly expanding, driven by growth in 4G/LTE and the number of filters required per device. Nearly 2 billion mobile phones are manufactured per year, and over half are in the growing segment of high-end smartphones. Because these smartphones need to operate globally, on more than one carrier, and with bands that are becoming ever-closer together, the need for higher-performance filters is upon us to ensure mobile compatibility. 4G/LTE networks are driving the need for higher frequencies, and traditional SAW filters simply cannot provide the necessary coverage and performance, as evidenced by the growing mix of BAW filters in the mobile phone. Akoustis™ addresses this critical mobile-wireless need by using single crystal piezoelectric materials to create a new class of acoustic wave filters – improving performance, lowering cost and driving miniaturization. Akoustis` Bulk ONE™ filters originate from materials which exhibit 30% better acoustic performance when compared to the incumbent thin-film technologies deployed today. Akoustis` business model is capital efficient, which leverages decades of cap-x investments in the semiconductor industry. Founded in 2014, Akoustis™ is located in the piedmont technology corridor between Charlotte and Raleigh.
About the Person
Kenneth Boller is Chief Financial Officer at Akoustis. Previously, Kenneth held various senior HR leadership roles in the industry.
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