- Audio Pixels’ (AKP) shares are on the rise this morning after the company announced it had completed testing its first audio wafers
- The company’s technology can create sound waves directly from digital audio streams
- This technology helps the world’s top electronic manufacturers produce the next generation of speakers
- Earlier this month, the company received a fresh batch of wafers to incorporate minor changes to its technology
- Audio Pixels says the testing has been completed and resulted in dramatic improvements
- The next steps will ensure the speakers are up to manufacturing standards and will test the performance of multiple wafers
- Audio Pixels is up 26.9 per cent on the market today, selling shares for $16.50 each
Audio Pixels’ (AKP) shares are on the rise this morning after the company announced it had completed testing its first audio wafers.
Earlier this month, the company received an initial batch of speaker wafers, despite the COVID-19 pandemic.
The company’s technology creates sound waves directly from a digital audio stream, using micro-electromechanical structures (MEMS).
Audio Pixel’s technology then reproduces sound, helping the world’s top consumer electronics manufacturers to produce the next generation of speakers.
The recently delivered batch of wafers incorporated minor design changes to the MEMS structure and its manufacturing process.
Audio Pixels said the testing has been completed and resulted in a dramatic improvement to the acoustic output of the devices.
“We are very pleased to advise that the testing conducted to-date confirms that the changes made to the design have returned the devices to electromechanical compliance,” the company said.
The next step is a metrological inspection and a statistical verification. The neurological inspection is crucial to demonstrate that the manufacturing process is following specifications, while the statistical certification indicates the performance of multiple wafers.
Completion of additional wafers will be back into action once the Israeli Government ease the working restrictions, relating to COVID-19.
Audio Pixels is up 26.9 per cent on the market today, selling shares for $16.50 each at 11:06 am AEST.