- Resonant (NASDAQ:RESN +12.7%) has signed a licensing deal with an existing client that covers three SAW duplexer designs for "high-volume" RF bands. Milestone payment and royalty terms have been agreed upon, but remain confidential.
- The deal is tied to the MOU with the client that Resonant announced in March. A licensing deal with an unnamed tier-one client was announced in April.
- Resonant is now up 51% YTD. Shares are still down nearly 80% from a Feb. 2015 peak of $19.86.