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SpaceX Acquires Akoustis for $30.2M, Aims at Wireless Market

5/20/2025

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Summary

Story summary

SpaceX has made a bold move by acquiring the bankrupt Akoustis Technologies for $30.2 million through its subsidiary, Tune Holdings. This strategic purchase, which excludes Grinding and Dicing Services, positions Akoustis—renowned for its RF filters—to tap into the booming wireless communications market, following its bankruptcy filing in December 2024 due to legal challenges.

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Story summary

SpaceX has made a bold move by acquiring the bankrupt Akoustis Technologies for $30.2 million through its subsidiary, Tune Holdings. This strategic purchase, which excludes Grinding and Dicing Services, positions Akoustis—renowned for its RF filters—to tap into the booming wireless communications market, following its bankruptcy filing in December 2024 due to legal challenges.