Energous Corp Stock Price, News & Analysis

Catapult has launched a revolutionary smart football in partnership with Energous Corporation (NASDAQ: WATT) that features wireless charging and an embedded tracker. Displayed at CES 2023 in Las Vegas, this innovation allows real-time tracking of the football's movements while providing precise performance data. The football utilizes a Local Positioning System (LPS) chip, creating over 1,000 metrics for coaches. Energous's WattUp technology powers the football, ensuring uninterrupted practice and game play. This collaboration signifies a major advancement in sports technology for elite teams.

Energous Corporation (NASDAQ: WATT) has announced its support for the AirFuel RF, now recognized as an industry standard for RF-based wireless charging. As a board member of the AirFuel Alliance, Energous highlighted how this development enables simultaneous charging of various IoT devices, addressing power needs in sectors like retail and industrial. This advancement aims to eliminate the reliance on replaceable batteries and power cables, enhancing operational efficiency. The technology promotes batteryless and maintenance-free devices, pivotal for the expanding IoT ecosystem.

Energous Corporation (NASDAQ: WATT) and ams OSRAM announced a collaboration to develop a wirelessly powered multi-spectral light sensor aimed at vertical farming and controlled-environment agriculture. This solution combines ams OSRAM's AS7343 spectral sensor with Energous' WattUp PowerBridge technology. A live demonstration is set for CES 2023, showcasing a device that enables flexible and efficient light management without the need for batteries. This innovation could optimize lighting for farmers and enhance agricultural efficiency.

Energous Corporation (NASDAQ: WATT) has partnered with Cisper, an AIDC products distributor in Europe, to enhance market access for its WattUp wireless power network technology. This collaboration aims to facilitate IoT deployments by providing reliable power solutions. According to IDC, the global IoT ecosystem is projected to grow from 12 billion devices today to 39.3 billion by 2025, driving the need for innovative power sources. The partnership will enable Energous to connect with more system integrators and software vendors across diverse applications, boosting potential customer outreach.

Energous Corporation (NASDAQ: WATT) announced the approval of its 1W WattUp PowerBridge transmitter technology in South Korea for unlimited wireless power distance transmission catering to IoT applications. This technology is designed to support various next-gen IoT solutions, such as smart tags and sensors, enhancing Energous' global wireless power ecosystem. The approval follows several global certifications this year, as Energous aims to leverage strong IoT growth in Korea, targeting trendsetting OEMs. The technology allows simultaneous charging of multiple devices, positioning Energous competitively in the expanding IoT market.

Energous Corporation (NASDAQ: WATT) will present at the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 2:30 p.m. ET. CEO Cesar Johnston will lead the presentation, highlighting the company’s advancements in RF-based wireless power technologies. Interested parties can register to attend the virtual event and access the presentation on the company's investor relations website. The expo will feature around 50 tech and media companies, providing insights to a select institutional investor audience.

Energous Corporation (Nasdaq: WATT) announced the issuance of inducement restricted stock units (RSUs) to a new non-executive employee. On November 16, 2022, the company granted 7,500 RSUs under its 2017 Equity Inducement Plan. The RSUs will vest over three years, with one-third vesting annually based on continued service. The grant was approved by the compensation committee and follows Nasdaq rules regarding inducement awards. Energous is known for its innovative RF-based wireless charging technology, WattUp.

Energous Corporation (NASDAQ: WATT) has partnered with CAP-XX Limited to develop battery-free IoT solutions using Energous' WattUp technology and CAP-XX's supercapacitors. This collaboration aims to mitigate the issue of frequent battery replacements in IoT devices, enhancing scalability and reducing maintenance costs. CAP-XX's supercapacitors deliver high energy storage and power density, ideal for space-restricted applications. This advancement is expected to improve the performance of interconnected devices across various sectors.

Energous Corporation (NASDAQ: WATT) announced that its WattUp PowerBridge wireless power technology has been recognized as a CES® 2023 Innovation Awards honoree in the Embedded Technology category, marking the second consecutive year of this honor. The CES Innovation Awards received over 2,100 submissions this year. Energous' technology enables wireless charging for IoT devices, capable of powering multiple devices simultaneously from distances of 1W to 15W. The company will showcase its award-winning technology at CES 2023 in Las Vegas, January 5-8, 2023.