Akoustis

Huntersville, United States Founded: 2014 • Age: 12 yrs Acquired By SpaceX
Provider of radio frequency integrated circuits for 5G communication
Annual revenue $27.4M Latest available
Total funding $5.8M 13 rounds
Employees 117 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Akoustis

Akoustis is a company based in Huntersville (United States) founded in 2014 by Jeff Shealy was acquired by SpaceX in May 2025. Akoustis has raised $5.83 million across 13 funding rounds from investors including SpaceX, Herald Investment Management and Mark Boomgarden. The company has 117 employees as of June 30, 2024. Akoustis has completed 1 acquisition, including Grinding & Dicing Services. Akoustis offers products and services including XBAW RF Filters and SAW and BAW Modules. Akoustis operates in a competitive market with competitors including Impinj, MACOM, Tsinghua Unigroup, Cavendish Kinetics and Amimon, among others.

  • Headquarter Huntersville, United States
  • Employees 117 as on 30 Jun, 2024
  • Founders Jeff Shealy
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Akoustis Technologies, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $27.38 M (USD)
    0.97
    as on Jun 30, 2024
  • Net Profit
    -$167.95 M (USD)
    -164.25
    as on Jun 30, 2024
  • EBITDA
    -$53.35 M (USD)
    1.6
    as on Jun 30, 2024
  • Total Equity Funding
    $5.83 M (USD)

    in 13 rounds

  • Latest Funding Round
    $15 M (USD), Post-IPO

    May 10, 2018

  • Investors
    SpaceX

    & 4 more

  • Employee Count
    117

    as on Jun 30, 2024

  • Investments & Acquisitions
  • Acquired by
    SpaceX

    (May 19, 2025)

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IPO & Listings of Akoustis

Akoustis is a publicly listed company on the OTC with ticker symbol AKTSQ in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: AKTSQ · Sector: Electronic technology · USA

Products & Services of Akoustis

Akoustis offers a comprehensive portfolio of products and services, including XBAW RF Filters and SAW and BAW Modules.

Product name locked
Category locked
Primary

High-frequency filters for Wi-Fi and 5G applications

Product name locked
Category locked
Locked

Ceramic crystal modules for wireless communications

People of Akoustis

Headcount 10-50
Employee Profiles 15
Board Members and Advisors 7
Employee Profiles
People
Mary Winters
EVP, Fab & Corporate Operations
People
Holly Johnson
Director Of Human Resources
People
Cedric Shaw
Director Of Facilities
People
Rama Vetury
Director Strategic Programs

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Board Members and Advisors
people
J. Michael McGuire
Director
people
Jerry D. Neal
Co-Chairman, Director
people
Jeffrey K. McMahon
Director
people
Arthur Geiss
Co-Chairman, Director

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Funding Insights of Akoustis

Akoustis has successfully raised a total of $5.83M across 13 strategic funding rounds. The most recent funding activity was a Post-IPO round of $15 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Akoustis

Akoustis has secured backing from 5 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include SpaceX, Herald Investment Management and Mark Boomgarden.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investments in US tech and life sciences are targeted.
Locked Locked Locked
Offline & Tech focused VC firm investing in early stage companies in the UK
Locked Locked Locked
A government-backed foundation providing seed-stage investments to support small businesses.
Locked Locked Locked
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Investor details for Akoustis

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Akoustis

Akoustis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grinding & Dicing Services.

Investments
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Investment portfolio details for Akoustis

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of mechanical saw & sensors manufacturing services
Locked Locked 1992 Locked
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Complete acquisition details for Akoustis

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Financial Statements - Akoustis

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Detailed financials for Akoustis

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  • Profit trends
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Akoustis Comparisons

Akoustis Primary company
Description
Provider of radio frequency integrated circuits for 5G commu...
Location
Huntersville, United States
Founded Year
2014
Annual Revenue
$27.38 M (USD)
Net Profit
-$167.95 M (USD)
EBITDA
-$53.35 M (USD)
Employees
117
As of 2024
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Peer comparison for Akoustis

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  • Headcount comparison
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Competitors of Akoustis

Akoustis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Impinj, MACOM, Tsinghua Unigroup, Cavendish Kinetics and Amimon, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
RFID solutions for retail, healthcare, consumer electronics and IoT
Locked Locked Locked
Radio frequency-based communication ICs are developed for networking applications.
Locked Locked Locked
Semiconductor solutions are provided for cellular and connectivity markets.
Locked Locked Locked
MEMS-based RFICs are manufactured for wireless devices by Cavendish Kinetics.
Locked Locked Locked
Baseband and RF integrated circuits for video devices are developed.
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Detailed competitors of Akoustis

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Akoustis

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Complete news archive for Akoustis

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Frequently Asked Questions about Akoustis

Akoustis was founded in 2014.

Akoustis is headquartered in Huntersville, United States. It is registered at Huntersville, North Carolina, United States.

Jeff Shealy is the current CEO of Akoustis. They have also founded this company.

Akoustis is a funded company, having raised a total of $5.83M across 13 funding rounds to date.

As of Jun 30, 2024, the latest employee count at Akoustis is 117.

Annual revenue of Akoustis is $27.38M as on Jun 30, 2024.

Founded in 2014 and based in Huntersville, United States, operations focus on the semiconductor sector for 5G applications. Single piezoelectric crystal material is utilized to fabricate resonators, which are then integrated with wafer-level packaging to produce acoustic wave filters. These components support radio frequency integrated circuits essential for wireless communication infrastructure.

Akoustis's top competitors include Impinj, Tsinghua Unigroup and MACOM.

Akoustis offers XBAW RF Filters and SAW and BAW Modules.

Yes, Akoustis is publicly traded on OTC under the ticker symbol AKTSQ.

Akoustis has made 1 acquisition, including Grinding & Dicing Services.

Akoustis has 5 investors. Key investors include SpaceX, Herald Investment Management, Mark Boomgarden, Montrose Capital Partners, and National Science Foundation.

The ticker symbol of Akoustis is AKTSQ on OTC.

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