Welcome to our dedicated page for Energous news (Ticker: WATT), a resource for investors and traders seeking the latest updates and insights on Energous 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.
Energous Corporation (NASDAQ: WATT), a pioneer in RF-based wireless power networks, will hold a conference call on May 10, 2023, at 1:30 p.m. PT to discuss its financial results for the first quarter ended March 31, 2023. Interested attendees can join by dialing 1-888-317-6003 in the U.S. or 1-412-317-6061 internationally, using participant entry number 3588640. The call will be available on the company's website and archived until May 2024. Energous leads the wireless power sector with its WattUp® solution, which enables both contact and distance charging, offering substantial improvements over traditional technologies. The company holds the first FCC Part 18 certification for at-a-distance wireless charging, backed by over 200 patents in the field. Forward-looking statements regarding future plans and regulatory challenges are also addressed in the release.
Energous Corporation (NASDAQ: WATT) has partnered with InnoTractor, a European IoT solutions provider, to integrate wireless power solutions for real-time asset tracking in various industries. This collaboration aims to utilize Energous’ PowerBridge technology and Wiliot IoT Pixel tags to enhance cost-effectiveness, mobility, and sustainability in logistics and supply chains.
The asset tracking market is experiencing rapid growth, necessitating reliable power solutions for Internet-connected devices. This partnership will facilitate customized, wirelessly powered IoT solutions, addressing the pressing challenge of providing consistent power to numerous devices in large-scale deployments.
Both companies hope this collaboration will expand Energous' market reach into Europe, further driving innovation in the wireless charging sector.
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