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
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Akoustis Technologies, Inc.
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Annual Revenue
$27.38 M0.97as on Jun 30, 2024
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Net Profit
$-167.95 M-164.25as on Jun 30, 2024
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EBITDA
$-53.35 M1.6as on Jun 30, 2024
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Total Equity Funding
$5.83 M (USD)
in 13 rounds
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Latest Funding Round
$15 M (USD), Post-IPO
May 10, 2018
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Investors
SpaceX
& 4 more
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Employee Count
117
as on Jun 30, 2024
- Investments & Acquisitions
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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.
Products & Services of Akoustis
Akoustis offers a comprehensive portfolio of products and services, including XBAW RF Filters and SAW and BAW Modules. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-frequency filters for Wi-Fi and 5G applications
Ceramic crystal modules for wireless communications
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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.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Post-IPO — $15.0M
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First Round
First Round
(12 Apr 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Post-IPO - Akoustis | Valuation |
investors |
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| Dec, 2017 | Amount | Post-IPO - Akoustis | Valuation |
investors |
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| May, 2017 | Amount | Post-IPO - Akoustis | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments in US tech and life sciences are targeted.
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Founded Year | Domain | Location | |
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Offline & Tech focused VC firm investing in early stage companies in the UK
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Founded Year | Domain | Location | |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Akoustis
Akoustis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grinding & Dicing Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of mechanical saw & sensors manufacturing services
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1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Akoustis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akoustis Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
RFID solutions for retail, healthcare, consumer electronics and IoT
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| domain | founded_year | HQ Location |
Radio frequency-based communication ICs are developed for networking applications.
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| domain | founded_year | HQ Location |
Semiconductor solutions are provided for cellular and connectivity markets.
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| domain | founded_year | HQ Location |
MEMS-based RFICs are manufactured for wireless devices by Cavendish Kinetics.
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| domain | founded_year | HQ Location |
Baseband and RF integrated circuits for video devices are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Akoustis
Frequently Asked Questions about Akoustis
When was Akoustis founded?
Akoustis was founded in 2014.
Where is Akoustis located?
Akoustis is headquartered in Huntersville, United States. It is registered at Huntersville, North Carolina, United States.
Who is the current CEO of Akoustis?
Jeff Shealy is the current CEO of Akoustis. They have also founded this company.
Is Akoustis a funded company?
Akoustis is a funded company, having raised a total of $5.83M across 13 funding rounds to date. The company's 1st funding round was a Post-IPO of $1.57M, raised on Apr 12, 2014.
How many employees does Akoustis have?
As of Jun 30, 2024, the latest employee count at Akoustis is 117.
What is the annual revenue of Akoustis?
Annual revenue of Akoustis is $27.38M as on Jun 30, 2024.
What does Akoustis do?
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.
Who are the top competitors of Akoustis?
Akoustis's top competitors include Impinj, Tsinghua Unigroup and MACOM.
What products or services does Akoustis offer?
Akoustis offers XBAW RF Filters and SAW and BAW Modules.
Is Akoustis publicly traded?
Yes, Akoustis is publicly traded on OTC under the ticker symbol AKTSQ.
How many acquisitions has Akoustis made?
Akoustis has made 1 acquisition, including Grinding & Dicing Services.
Who are Akoustis's investors?
Akoustis has 5 investors. Key investors include SpaceX, Herald Investment Management, Mark Boomgarden, Montrose Capital Partners, and National Science Foundation.
What is Akoustis's ticker symbol?
The ticker symbol of Akoustis is AKTSQ on OTC.
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