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 (NASDAQ: WATT), a pioneer in radio frequency (RF) wireless power technology, maintains this comprehensive news hub for investors and industry professionals. Access official press releases, financial disclosures, and technology updates surrounding the company's innovative WattUp® wireless charging solutions.
This curated collection provides critical insights into Energous' semiconductor developments, IoT power network expansions, and strategic partnerships. Users can efficiently track announcements ranging from quarterly earnings to new product certifications, all essential for understanding the company's position in the wireless power market.
The repository features updates across key operational areas including RF chipset innovations, regulatory milestones for wireless charging systems, and enterprise deployments of battery-free IoT solutions. Content is organized chronologically with clear sourcing to ensure transparency and compliance with financial disclosure standards.
Bookmark this page for streamlined access to Energous' latest technical advancements and corporate developments. Check regularly for updates on wireless power network deployments, intellectual property achievements, and market expansion initiatives shaping the future of contactless energy transfer.
Energous Corporation (NASDAQ: WATT) will present a corporate overview and demonstrate its WattUp® technology at an investor lunch event on September 20, 2022, in New York City. CEO Cesar Johnston and CFO Bill Mannina will lead the presentation, showcasing the company's advancements in RF-based charging for wireless power networks. The updated presentation will be available on the company's investor relations website at 11 a.m. ET on the same day.
Energous Corporation (NASDAQ: WATT) announced that its 1W WattUp PowerBridge transmitter has received regulatory approval for import and sales in Australia and New Zealand. This certification marks a significant milestone as Energous accelerates approvals globally, having previously achieved similar certifications in China, the United States, Canada, Europe, and India. The 1W WattUp technology allows for charging multiple devices wirelessly and simultaneously over distances, tapping into the growing IoT ecosystem, projected to near 40 billion devices by 2025.
Energous Corporation (NASDAQ: WATT) has introduced a new Wireless Energy Harvesting Evaluation Kit in collaboration with e-peas. This kit, featuring e-peas evaluation boards and Energous' FCC-certified 1W WattUp PowerBridge, will be showcased at SIDO Lyon on September 15, 2022. The kit aims to facilitate energy harvesting applications in various sectors including smart homes and industrial IoT, priced at $599. A specialized training session for developers will be conducted during the event, costing $999 and including the kit.
Energous Corporation (Nasdaq: WATT) announced on August 16, 2022, the issuance of inducement restricted stock units (RSUs) to five new employees, covering a total of 581,000 shares. The RSUs will vest either over three years, with one-third vesting annually, or over four years, with 25% vesting after the first year. This grant, approved by the compensation committee, is part of the company's 2017 Equity Inducement Plan, complying with Nasdaq rules. Energous aims to enhance its workforce as it leads in RF-based charging technology.
Energous Corporation (NASDAQ: WATT) announces the appointment of J. Michael Dodson and David Roberson to its Board of Directors, effective immediately. Dodson, CFO at Quantum Corporation, brings extensive experience in financial leadership from various technology firms, while Roberson, CEO of RoseRyan, has a robust background in technology advisory roles. Both will contribute to Energous’ strategic direction, particularly in expanding the company’s wireless power network ecosystem, securing regulatory approvals, and forming partnerships.
Energous Corporation (NASDAQ: WATT) has received FCC authorization for its new 15W WattUp PowerBridge transmitter, allowing for significantly higher power wireless transmission without distance restrictions. This development is pivotal for the IoT market, enabling efficient power delivery to devices including electronic shelf labels and RF-based asset tracking. Industry analyst IDC forecasts that global IoT devices will surge from 12 billion to nearly 40 billion by 2025. The WattUp PowerBridge can charge multiple devices simultaneously, promoting a new era for batteryless and maintenance-free IoT solutions.
Energous Corporation (NASDAQ: WATT) announced financial results for Q2 2022, reporting revenue of approximately $233,000, a 26% increase from Q2 2021. The company incurred costs and expenses of around $7.3 million, resulting in a net loss of $(7.0) million or $(0.09) per share. Energous received FCC approval for its WattUp PowerBridge, enabling 15W wireless power transfer, supporting growth in the IoT sector. The company also highlighted partnerships with Flagship and Atmosic Technologies, emphasizing progress in regulatory approvals and market integration.
Energous Corporation (Nasdaq: WATT) has partnered with Flagship to deploy Wiliot IoT Pixel smart tags, energized by WattUp PowerBridges, in a major Australian retail store in Sydney. This pioneering deployment enables real-time tracking of inventory and customer behavior, facilitating improved operational efficiency and loss prevention. The Wiliot tags are designed to gather actionable insights on stock integrity and purchasing habits, showcasing the potential for scalability across various sectors, including retail and industrial IoT applications.
Energous Corporation (NASDAQ: WATT) announced a conference call scheduled for August 10, 2022, at 1:30 p.m. PT to discuss its financial results for Q2 ending June 30, 2022.
The call can be accessed by dialing 888-317-6003 in the U.S. or +1 412-317-6061 internationally, with a participant number. It will also be broadcast on the Energous website.
The company emphasizes its position as a leader in RF-based wireless power networks with significant patents and regulatory milestones.
Energous Corporation (NASDAQ: WATT) and Atmosic Technologies have launched the Wirelessly Powered Sensor Evaluation Kit, featuring Atmosic’s ATM3 energy harvesting Bluetooth Low Energy SoC and Energous’ FCC-certified 1W WattUp PowerBridge transmitter. This kit allows IoT developers to create wireless power networks, eliminating reliance on batteries and reducing costs for IoT deployments. The kit, priced at $500, directly addresses the challenges of powering billions of IoT devices projected to grow to 40 billion by 2025. Shipping starts later in July.
