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Audio Pixels Holdings Limited ( (AU:AKP) ) has shared an update.
Audio Pixels Holdings Limited has made significant strides in advancing its Digital Sound Reconstruction technology towards commercialization. The company has initiated an independent development process for its MEMS-GEN-II chips with a North American lab to overcome reliability issues with its primary vendor, aiming for initial wafer completion by Q2 2025. This strategic move allows the company to control its fabrication process, ensuring quality and scalability. Additionally, the company is working on a second-generation ASIC to enhance MEMS performance, positioning itself as a leader in solid-state audio solutions. Despite facing challenges such as ASX trading suspension, the company is receiving strong interest across various sectors, indicating a potential critical inflection point for commercial deployment.
More about Audio Pixels Holdings Limited
Audio Pixels Holdings Limited operates in the audio technology industry, focusing on the development and commercialization of Digital Sound Reconstruction technology. The company is known for its MEMS (Micro-Electro-Mechanical Systems) technology, targeting markets such as consumer audio, automotive, and industrial applications.
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$181.1M
Learn more about AKP stock on TipRanks’ Stock Analysis page.