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Energous Corporation - WATT STOCK NEWS

Welcome to our dedicated page for Energous Corporation news (Ticker: WATT), a resource for investors and traders seeking the latest updates and insights on Energous Corporation stock.

Energous Corporation (symbol: WATT) is a pioneering company in the field of wireless charging technology. The company is renowned for its innovative WattUp® technology, an award-winning, wire-free charging solution that aims to revolutionize how consumers and industries power electronic devices. Unlike traditional wireless chargers that require physical contact with a charging pad, WattUp® uses radio frequency (RF) technology to deliver scalable power over distances, much like a Wi-Fi signal.

Energous' core business revolves around its Wireless Power Networks Technology (WPNT), which includes semiconductor chipsets, software controls, hardware designs, and antennas. This comprehensive technology suite enables RF-based charging for a wide range of Internet of Things (IoT) devices, offering a truly wireless and flexible charging experience.

The company's product lineup features Transmitter IC & Modules, Receiver ICs, Transmitter Systems, and other essential tools that facilitate seamless wireless power delivery. This technology is particularly advantageous in environments such as homes, offices, cars, and more, where it offers convenience and reduces cable clutter.

In terms of recent achievements, Energous has continued to solidify its position as a leader in wireless charging. The company has been actively involved in developing partnerships and collaborations to expand its technology's reach and application. For instance, Energous recently announced a collaboration with WiGL, aiming to integrate their technologies for enhanced wireless power solutions.

Financially, Energous Corporation has been focused on growing its market presence and scaling its product offerings. The company's commitment to innovation and its established reputation in the wireless charging industry make it a significant player to watch.

News

Energous Announces $2.0 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules

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Energous Corporation (NASDAQ: WATT) announces a securities purchase agreement for 1,020,409 shares of common stock and warrants in a registered direct offering at $1.96 per share, with an exercise price of $1.84 per share.
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WiGL and Energous Announce Developmental Milestone to Bring Touchless Wireless Power Transfer Networks to Market

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WiGL Inc and Energous Corporation announce successful completion of FCC product safety compliance for touchless wireless charging solution. The joint effort aims to commercialize WiGL's wirelessly powered IoT products funded by the U.S. Department of Defense, transitioning to civilian markets.
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Energous Announces Change of Chief Financial Officer

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Energous Corporation (WATT) appointed Mallorie Burak as Chief Financial Officer, effective January 15, 2024. Ms. Burak brings over 17 years of experience in executive CFO roles for technology companies. She was granted restricted stock units (RSUs) as part of her appointment. The board of directors approved the grant as an inducement to her appointment, following Nasdaq Marketplace Rule 5635(c)(4).
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Energous and Identiv Partner to Enable Real-Time Asset Tracking for Logistics and Supply Chain Applications

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Energous Corporation (WATT) and Identiv, Inc. (INVE) partner to bring real-time asset tracking to supply chain and logistics applications by wirelessly powering Identiv’s ID-Pixels tags with Energous’ PowerBridge technology. This collaboration aims to deliver more reliable and consistent power than disposable batteries and charging cables to thousands of IoT sensors deployed across the logistics industry, resulting in less maintenance, lower costs, and shorter setup times, while also establishing greater precision, safety, and ease of use. The increasing adoption of IoT solutions in the logistics industry and the growing need for reliable and consistent power is addressed by this partnership, especially in cold chain logistics. The joint solution will pair Identiv’s RF tags, capable of measuring temperature and humidity, with Energous’ PowerBridge technology, enabling cold chain logistics companies to track and report temperature inside cooling trucks and deliver improved performance in refrigerated cargo ships.
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Energous Corporation Reports 2023 Third-Quarter Results

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Energous Corporation (NASDAQ: WATT) announced a 44% increase in revenue to approximately $168,708 for Q3 2023, with a net loss of approximately $(4.1) million. The company also highlighted key partnerships with WiGL, Veea, and InPlay to develop and commercialize IoT products for wireless power networks.
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Energous Corporation Announces Conference Call for Third Quarter 2023 Financial Results

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Energous Corporation (NASDAQ: WATT) will hold a conference call on November 9, 2023, at 1:30 p.m. PT to discuss its financial results for the three months ended September 30, 2023. Interested parties can access the call by dialing 1-800-830-9649 within the United States or 1-213-992-4624 from international locations. The call will be broadcast on the Energous website at www.energous.com and will be archived through November 2024. A replay will be available until November 23, 2023, by dialing 1-800-645-7964 within the United States or 1-757-849-6722 from international locations.
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Energous Corporation to Present at the LD Micro Main Event XVI

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Energous Corporation to present at LD Micro Main Event XVI, focusing on growing customer roster and advantages of RF-based charging for IoT devices.
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Energous and InPlay Launch Low Maintenance Wireless Sensors for IoT industrial Applications.

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Energous partners with InPlay to demonstrate battery-free IoT sensor solution using PowerBridge technology and Bluetooth low-energy beacon system. Aims to offer reliable, cost-effective, and energy-efficient sensor solution for industrial applications. Potential to expand into multiple markets within the Industrial IoT ecosystem. Energous and InPlay will showcase the solution at Wireless IoT Tomorrow in Germany on October 18-19.
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Energous and Veea Partner to Target Real-Time Asset Tracking of Mass IoT Deployments in Industrial, Logistics, and Retail Applications

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Partnership aims to enable wireless power deployments for real-time asset tracking in IoT sectors.
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Energous Announces Reverse Stock Split

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Energous Corporation (NASDAQ: WATT) approves 1-for-20 reverse stock split to regain compliance with minimum bid price requirement for Nasdaq listing.
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FAQ

What is the current stock price of Energous Corporation (WATT)?

The current stock price of Energous Corporation (WATT) is $0.75 as of January 10, 2025.

What is the market cap of Energous Corporation (WATT)?

The market cap of Energous Corporation (WATT) is approximately 9.3M.

What is Energous Corporation known for?

Energous Corporation is known for developing WattUp®, an award-winning, wireless charging technology utilizing radio frequency (RF) to deliver power over distances.

What products does Energous Corporation offer?

Energous Corporation offers Transmitter IC & Modules, Receiver ICs, Transmitter Systems, and other tools that enable RF-based wireless charging.

How does WattUp® technology work?

WattUp® uses radio frequency (RF) technology to deliver scalable power over a distance, similar to how a Wi-Fi signal works, allowing for a wire-free charging experience.

What recent partnerships has Energous Corporation announced?

Energous Corporation recently announced a collaboration with WiGL, a partnership aimed at integrating their technologies for enhanced wireless power solutions.

What are the core applications of Energous' technology?

Energous' technology is used for powering IoT devices in various settings such as homes, offices, and cars, offering convenience and reducing cable clutter.

How does Energous' technology benefit users?

Energous' technology benefits users by providing a wire-free charging experience, eliminating the need to remember to plug in devices, and reducing cable clutter.

What is Wireless Power Networks Technology (WPNT)?

WPNT is a suite of technologies developed by Energous that includes semiconductor chipsets, software controls, hardware designs, and antennas for RF-based charging.

What sets WattUp® apart from traditional wireless charging systems?

WattUp® delivers power at a distance to multiple devices simultaneously, unlike traditional wireless chargers that require direct contact with a pad.

Where can one use WattUp® technology?

WattUp® technology can be used in various environments including homes, offices, and cars for convenient wireless charging.

What industries can benefit from Energous' technology?

Industries such as consumer electronics, IoT, automotive, and more can benefit from Energous' wireless charging technology.
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