Resonant Inc. has announced that one of its licensee customers has successfully shipped over one million pre-production parts to four separate handset Original Equipment Manufacturers. These are the first shipments by the customer under the initial licensing agreement that the parties executed in May 2016, which covers three frequency bands. These high volume bands encompass three Surface Acoustic Wave (SAW) duplexers, which were designed utilizing Resonant’s proprietary design automation platform, ISN.
According to George B. Holmes, CEO of Resonant - Shipping these pre-production parts represents one of the last steps before commercial acceptance of their designs as Resonant transition from a development-stage company into a product-focused licensor with recurring royalty revenue.