Resonant Extends Licensing Agreement With Tier-1 Chinese Foundry Partner
Prepaid Royalty Deal Refines Partnership with Existing Tier-1 Foundry Demonstrating Mutual Commitment to Servicing Rapidly Growing Mobile Handset Market
Austin, TX (GLOBE NEWSWIRE) - Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform, designed to connect People and Things, has signed an extension to its licensing agreement with an existing Tier-1 Chinese foundry partner, providing prepaid royalties for multiple RF filter designs to address the China mobile handset market.
The new licensed bands leverage Resonant’s current standard product library, allowing a quick time to market for customers. The agreement carries upfront prepaid royalties, as well as additional per unit royalties, after minimum production volumes are exceeded.
Resonant Appoints New Technical Thought Leaders to Advisory Board and Creates Technical Committee
February 16, 2021 08:31 ET | Source: Resonant Inc. Resonant Inc. Santa Barbara, California, UNITED STATES
Technical Committee Formed to Advance Adoption and Development of XBAR® Technologies in 5G, Wi-Fi and Other Growth Markets
Company Appoints Larry Larson, PhD, Jianming Jin, PhD, and Gabriel Rebeiz, PhD, to Newly Formed Committee
AUSTIN, Texas, Feb. 16, 2021 (GLOBE NEWSWIRE) Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform and designed to connect People and Things, today announced the formation of a Technical Committee to its Advisory Board to advance XBAR® adoption and development efforts, concurrent with the appointment of notable leading technical thought leaders to the committee.
The paper is available for download on the Resonant website: https://www.resonant.com/news-resources/white-papers.
The white paper outlines the analysis behind Resonant’s prediction that a spectrum deficit will occur, beginning in 2021 and increasing through 2025 when the deficit will total 963 MHz. This comes on the heels of the Federal Communications Commission’s Auction 107, which raised more than $80 billion for the 280MHz spectrum.
“Spectrum is the lifeblood of wireless services, and a spectrum deficit can mean reduced data speeds to consumers and delays in new high-bandwidth service offerings,” said George B. Holmes, Chairman and CEO of Resonant. “While the news about spectrum deficits presents a large hurdle for connectivity, we put together our analysis, which uses inputs from the FCC’s model, to show there are technologies that can help. RF filters are one of the technologies that can make a big difference to spectral efficiency by protecting valuable spectrum