About Akoustis
Akoustis is a publicly listed company based in Huntersville (United States) founded in 2014 by Jeff Shealy, and was acquired by SpaceX in May 2025. Provider of radio frequency integrated circuits for 5G communication. 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. Akoustis has completed 1 acquisition, including Grinding & Dicing Services. Its chief executive, as recorded, is Jeff Shealy. Akoustis offers products and services including XBAW RF Filters and SAW and BAW Modules. Its focus areas include Semiconductors, Analog and Mixed Signal ICs, Communication ICs and RFICs. Its legal entity is AKOUSTIS TECHNOLOGIES, INC. Its competitors include Impinj, MACOM and Cavendish Kinetics; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Annual Revenue$27.38 M (USD)0.97as on Jun 30, 2024
- Net Profit-$167.95 M (USD)-164.25as on Jun 30, 2024
- EBITDA-$53.35 M (USD)1.6as on Jun 30, 2024
- Total Equity Funding$5.83M (USD)
in 13 rounds
- Latest Funding Round$15M (USD), Post-IPO
May 2018
- InvestorsSpaceX
& 4 more
- Employee Count117
- Investments & Acquisitions
- Acquired bySpaceX
(May 2025)
Products & Services of Akoustis
Akoustis offers a comprehensive portfolio of products and services, including XBAW RF Filters and SAW and BAW Modules.
High-frequency filters for Wi-Fi and 5G applications
Ceramic crystal modules for wireless communications
Apps and channels of Akoustis
its YouTube channel Akoustis Technologies Inc. has 46 subscribers.
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 $5.83M
- Total Rounds 13
- Last Round Post-IPO — $15M
- First Round $150,000
(Apr 2014)
- Investors Count 4
Latest 10 of 13 funding rounds of Akoustis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $15M | Post-IPO | – | – | – |
| Dec 2017 | $14.52M | Post-IPO | – | – | – |
| May 2017 | $1.57M | Post-IPO | – | – | – |
| Jan 2017 | $9.96M | Post-IPO | – | – | |
| Apr 2016 | $3.6M | Post-IPO | – | – | |
| Mar 2016 | $501,000 | Post-IPO | – | – | – |
| Feb 2016 | $740,000 | Grant | – | – | |
| Feb 2016 | $934,570 | Grant | – | – | |
| Jul 2015 | $50,000 | Grant | – | – | – |
| May 2015 | $5.3M | Series A | – | – |
5 investors in total: 4 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in US tech and life sciences are targeted. | montrosecapital.com | Miami, United States | ||
Offline & Tech focused VC firm investing in early stage companies in the UK | 1993 | heralduk.com | London, United Kingdom | |
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Reusable launch vehicles for large payloads are developed and launched. | 2002 | spacex.com | Hawthorne, United States | |
MB Mark Boomgarden | Angel investor focusing on Indian startups, tech enthusiast | unknown_cedc98d50d5f46cba |
Investor details for Akoustis
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People of Akoustis
23 people are tracked at Akoustis (12 in leadership, 7 in board & advisors, 4 in team); the tracked headcount is 117.
| Name | Role | Group |
|---|---|---|
Jeff Shealy | Founder & CEO | Leadership |
Holly Johnson | Director Of Human Resources | Leadership |
Cedric Shaw | Director Of Facilities | Leadership |
Rama Vetury | Director Strategic Programs | Leadership |
Colin Hunt | VP Of Sales & Business Development | Leadership |
Daniel Godsiff | Sales Director Emeai | Leadership |
Luke Huang | APAC Sales Director | Leadership |
Shon Nixon | Vice President Of Information Technology | Leadership |
Jeffrey B. Shealy | CEO | Leadership |
Kamran Cheema | Chief Product Officer | Leadership |
Ken Boller | CFO | Leadership |
Cheng Chen | Director Of Design Engineering | Leadership |
J. Michael McGuire | Director | Board & advisors |
Jerry D. Neal | Co-Chairman, Director | Board & advisors |
Jeffrey K. McMahon | Director | Board & advisors |
Arthur Geiss | Co-Chairman, Director | Board & advisors |
Suzanne Rudy | Director | Board & advisors |
Steven P. DenBaars | Director | Board & advisors |
Michelle Petock | Director | Board & advisors |
Mary Winters | EVP, Fab & Corporate Operations | Team |
3 more people are available in the full profile.
Complete people profiles for Akoustis
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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.
- IPO date21 Jun 2015
- Listed onNASDAQ: AKTS
- Listed entityAkoustis Technologies, Inc.
- Exchange sectorElectronic technology
- ISINUS00973N1028
- Share price$0.00 · 2026-01-05
- Market capitalisation$155.00
- Volume (last session)2,076
- Analyst consensusNeutral
Financials of Akoustis
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | $27.4M | -$167.9M | -$53.4M |
| 2023 | $27.1M | -$63.6M | -$54.2M |
| 2022 | $15.3M | -$59.0M | -$52.4M |
| 2021 | $6.6M | -$44.2M | -$36.5M |
| 2020 | $1.8M | -$36.1M | -$28.9M |
Detailed financial statements for Akoustis
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Investments & Acquisitions by Akoustis
Akoustis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grinding & Dicing Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of mechanical saw & sensors manufacturing services | stealthdicing.com | San Jose, United States | 1992 | Jan 2023 | $16M |
Complete acquisition details for Akoustis
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Timeline of Akoustis
6 dated milestones of Akoustis across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Akoustis is founded.
- Funding First funding round of $150K.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $15.0M.
- Acquisition Acquires Grinding & Dicing Services.
- Exit Acquired by SpaceX.
Competitors of Akoustis
Akoustis has 3 listed competitors in our database, 3 of them funded. They include Impinj, MACOM and Cavendish Kinetics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| impinj.com | 2000 | Seattle, United States | $132.15M | 306 | RFID solutions for retail, healthcare, consumer electronics and IoT | |
| macom.com | 1950 | Lowell, United States | $183.13M | 32 | Radio frequency-based communication ICs are developed for networking applications. | |
| cavendish-kinetics.com | 1994 | San Jose, United States | $75M | 35 | MEMS-based RFICs are manufactured for wireless devices by Cavendish Kinetics. |
Detailed competitors of Akoustis
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Web traffic of Akoustis
The website of Akoustis (akoustis.com) receives about 3.5K visits a month.
- Monthly visits3.5K
▲ 56.3% vs previous month
Websites whose visitors overlap most with Akoustis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trading212.com | 100% | 9.4M | #9,403 | View details | |
financierworldwide.com | financierworldwide.com | 75% | #809,885 | – |
Top companies in Semiconductors & ICs
3 companies that operate in the same segment as Akoustis (Semiconductors & ICs) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI inference platforms and on-premise clusters are provided. | 2016 | San Jose, California, United States | USD 2.77 B | 314 | ||
Custom AI models are trained on a specialized computing platform. | 2015 | Sunnyvale, California, United States | USD 2.55 B | USD 509.99 M | 71 |
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Related news about Akoustis
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 CEO of Akoustis, as recorded in our data. They have also founded this 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 Series A of $5.3M, raised on Apr 2014.
Akoustis has 117 employees.
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, MACOM and Cavendish Kinetics.
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.