Monday, April 11, 2016
Report: Resonant Struggling, Running Out Of Cash
Goleta-based Resonant, a developer of RF radio filters used for the smartphone and other markets, is struggling, and may run out of cash, according to a report. The report, from the Pacific Coast Business Times, says Resonant only has enough cash to support operations through the second quarter of 2016. Resonant makes surface acoustic wave (SAW) filters, used in RF filtering for cell phones; the company reported a customer in March, but no financial details of that win.