Resonant, an RF front-end (RFFE) solutions provider for mobile handset and wireless devices, has received the first payment of $2 Million from Murata as part of a $9 million dollars multi-year commercial agreement for utilizing Resonant's XBAR technology. Murata has paid Resonant pre-paid royalties early in the fourth quarter of 2019, which is specified in the terms of the companies' recently announced commercial agreement.
This payment is the first in the series of prepaid royalty and other fee payments, indicating progress toward the development of 5G filters based on Resonant’s XBAR technology. As noted in the joint press release and in Murata's subsequent release on the Nikkei, this is an exciting time for the companies to be working together to leverage Resonant's XBAR technology and Murata's ISN technology prowess to develop solutions for the 5G mobile market and other high-frequency applications.
ISN is a suite of proprietary mathematical methods, software design tools, and network synthesis techniques that enable Resonant to explore a much larger set of possible design solutions that regularly incorporate the proprietary technology.
