Resonant Adds Fourth SAW Foundry, Reports Financials

Mobile filter start-up Resonant signed a fourth non-captive foundry agreement with an established surface acoustic wave (SAW) foundry that serves the RF market. Separately, Resonant reported financial performance for the third quarter of 2017, which ended September 30, 2017. Revenue was $106,000, primarily from upfront payments tied to development contracts.

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Resonant CEO to Retire, President Assumes Role

Terry Lingren, CEO of filter startup Resonant Inc., has stepped down as the company's CEO, announcing plans to retire. George Holmes, Resonant's president, chief commercial officer and a board member has assumed the role. Lingren was one of the founders and served as CEO and on the board since Resonant was formed in 2012.

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