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Energous Announces WiGL is Leveraging its WattUp Technology for Wireless Power Network Deployment

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Energous Corporation (Nasdaq: WATT) has partnered with WiGL to utilize its WattUp wireless power transfer technology for touchless wireless charging applications in harsh environments. This collaboration aims to eliminate the need for charging cables and frequent battery replacements, enhancing device reliability. CEO Cesar Johnston highlighted the technology's advantages in rugged settings. WiGL's CEO, Ahmad Glover, noted the importance of this technology for military use, addressing electrical power challenges effectively. Energous continues to lead in wireless power networks with over 200 patents and the first FCC certification for at-a-distance charging.

Positive
  • Partnership with WiGL expands application of WattUp technology.
  • WattUp technology offers benefits in harsh environments, reducing device integrity risks.
  • Over 200 patents and first FCC certification for at-a-distance charging reinforce market leadership.
Negative
  • None.

Developer of touchless wireless charging using award-winning WattUp wireless power transfer technology for new applications

SAN JOSE, Calif. & HAMPTON, Va.--(BUSINESS WIRE)-- Energous Corporation (Nasdaq: WATT) a leading developer of RF-based charging for wireless power networks, today announced that WiGL, a developer of touchless wireless charging for IoT devices, is leveraging the award-winning WattUp technology for wireless power network deployment in new applications. Energous’ WattUp technology enables WiGL to develop and deploy wireless power networks in rugged and harsh environments where reliance on charging cables or replacing batteries to keep them powered is not ideal and often impossible.

“Energous is excited to see another company using our WattUp technology for a new application where wireless power networks have clear advantages,” said Cesar Johnston, CEO at Energous. “WattUp can deliver consistent and reliable levels of power to devices at a distance to allow for fully ruggedized and waterproof devices without open charging ports that can compromise their integrity and without the need to frequently replace batteries.”

Many electronic devices are used and deployed in harsh environments where dust, moisture, and other variables can cause damage to the internals of the device that may be exposed to the elements through charging ports or when manually opened for battery replacement. With Energous’ WattUp technology, WiGL is developing a wireless power network solution which eliminates the dependence on charging cables, open ports, or battery doors in devices, greatly reducing potential complications to their physical integrity while ensuring they are consistently and reliably charged at all times.

“The environments that our customers operate in are often very harsh, complicating the ability to keep their devices fully charged and operational,” said Ahmad Glover, founder and CEO of WiGL. “We’re excited to use Energous’ WattUp technology to develop wireless power networks that solve the electrical power challenges facing today’s military.”

To learn more about Energous, please visit Energous.com or follow the company’s corporate pages on Twitter, Facebook and LinkedIn. To learn more about WiGL, please visit www.wi-gl.com or follow the company on Instagram, Facebook, Twitter and LinkedIn.

About Energous Corporation

Energous Corporation (Nasdaq: WATT) is the Wireless Power Network global leader. Its award-winning WattUp® solution is the only technology that supports both contact and distance charging through a fully compatible ecosystem. Built atop fast, efficient, and highly scalable RF-based charging technology, WattUp is positioned to offer improvements over older, first-generation coil-based charging technologies in power, efficiency, foreign device detection, freedom of movement and overall cost for industrial and retail IoT, smart homes, smart cities and medical devices. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs, and provides worldwide regulatory assistance, a reliable supply chain, quality assurance, and sales and technical support to global customers. The company received the world’s first FCC Part 18 certification for at-a-distance wireless charging and has been awarded over 200 patents for its WattUp wireless charging technology to-date.

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release are forward-looking statements. Forward-looking statements may describe our future plans and expectations and are based on the current beliefs, expectations and assumptions of Energous. These statements generally use terms such as “believe,” “expect,” “may,” “will,” “should,” “could,” “seek,” “intend,” “plan,” “estimate,” “anticipate” or other similar terms. Examples of our forward-looking statements in this release include, but are not limited to, our statements about the future of the global wireless charging industry and statements about our technology and its expected functionality. Factors that could cause actual results to differ from current expectations include: uncertain timing of any necessary regulatory approvals; timing of customer product development and market success of customer products; our dependence on distribution partners; and intense industry competition. We urge you to consider those factors, together with the other risks and uncertainties described in our most recent annual report on Form 10-K as filed with the Securities and Exchange Commission (SEC), any subsequently filed quarterly reports on Form 10-Q, as well as any other documents that may have been subsequently filed by Energous, from time to time, with the SEC, in evaluating our forward-looking statements. In addition, any forward-looking statements represent Energous’ views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. Energous does not assume any obligation to update any forward-looking statements unless required by law.

About WiGL

WiGL (pronounced “wiggle”) aims to help people ditch their reliance on charging cords and wires, giving them the freedom and autonomy to embrace true wireless power for their electronic devices. WiGL is building solutions supporting next generation wireless charging solutions that send energy through the air directly to electronic devices and was recently awarded a contract with the U.S. Air Force.

Energous Investor Relations:

Padilla IR

IR@energous.com

Energous Public Relations:

SHIFT COMMUNICATIONS

Darren Weiss

PR@energous.com

WiGL:

Marie Wise

m.wise@wiglinc.com

408.823.3416

Source: Energous Corporation

FAQ

What is the significance of the partnership between Energous and WiGL?

The partnership allows WiGL to utilize Energous' WattUp technology for touchless wireless charging, enhancing device reliability in harsh environments.

How does WattUp technology benefit electronic devices?

WattUp technology eliminates the need for charging cables and battery replacements, maintaining device integrity and reliability.

What industries can benefit from Energous' WattUp technology?

Industries such as military, IoT, and devices used in rugged environments can significantly benefit from WattUp's capabilities.

How many patents does Energous hold for its technology?

Energous holds over 200 patents for its WattUp wireless charging technology.

What is the stock symbol for Energous Corporation?

The stock symbol for Energous Corporation is WATT.

Energous Corporation

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