Akoustis Technologies, Inc. is a development-stage company, which is focused on developing, designing, and manufacturing radio frequency (RF) filter products for the mobile wireless device industry, including for products such as smartphones and tablets, cellular infrastructure equipment, and wireless fidelity in (WiFi) premise equipment. It utilizes its proprietary XBAW single crystal BAW manufacturing process to produce bulk acoustic wave RF filters for mobile and other wireless markets, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end. The Company seeks to service original equipment manufacturer (OEMs), network providers, and consumers to diminish front end phone heat, battery drain and signal loss. The Company’s segments includes Foundry Fabrication Services which consists of engineering review services and STC-MEMS foundry services and RF Filters which consists of amplifier and filter product sales, and grant revenue.