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) has appointed Giampaolo Marino as vice president of business development and marketing. Marino brings over 20 years of experience from companies like Analog Devices and NXP Semiconductors, where he focused on consumer and IoT applications. Energous aims to leverage Marino's expertise to enhance its WattUp® wireless power technology, addressing challenges in powering IoT devices. The global IoT market is expected to grow from
Energous Corporation (NASDAQ: WATT), a leader in RF-based wireless charging, announced the issuance of inducement RSUs to two new employees. On May 18, 2022, 10,000 shares were awarded to one employee, and another 10,000 shares were granted on February 16, 2022. The RSUs will vest over four years, contingent upon continued employment. This grant aligns with Nasdaq rules and aims to attract talent to support the company’s growth in wireless charging technology.
Energous Corporation (NASDAQ: WATT) announced that CEO Cesar Johnston will present a corporate overview and demonstrate the latest WattUp PowerBridge technology at the 2022 LD Micro Invitational, taking place from June 7th to 9th, 2022, at the Four Seasons Hotel Westlake Village.
This event underscores Energous’ leadership in RF-based wireless charging, emphasizing its innovative solutions for electronic shelf labels and IoT applications. The company's WattUp system is unique in supporting both contact and distance charging, showcasing advancements over traditional technologies.
Energous Corporation (WATT) has partnered with China-based Sekorm to enhance its WattUp wireless power technology in the world's most populous country. This collaboration will grant Energous access to expanded marketing and sales capabilities, targeting the industrial Internet of Things (IIoT) sectors. Following recent approval by China's Ministry of Industry and Information Technology, Energous aims to leverage Sekorm's extensive network to engage with more customers and capitalize on China's rapidly growing IoT market, which is expected to exceed $300 billion by 2024.
Energous Corporation (NASDAQ: WATT) reported financial results for Q1 2022, with revenue of $216,000, a significant increase from $145,000 in Q1 2021. The company incurred costs and expenses of approximately $7.4 million, leading to a net loss of $(7.2 million), or $(0.09) per share. Energous ended the quarter with $42.8 million in cash and no debt. Key operational highlights include the addition of three advisors and regulatory approvals for its 1W WattUp PowerBridge technology in China and Canada. The partnership with Atmosic Technologies also saw the launch of a new evaluation kit.
Energous Corporation (NASDAQ: WATT) announced the appointments of Bob Friday, Alessandro Piovaccari, and Mark Tyndall to its Board of Advisors, aimed at enhancing the company's wireless power network technology. The IoT ecosystem is projected to expand significantly, growing from 12 billion devices in 2021 to nearly 40 billion by 2025, presenting challenges for battery management. Energous' WattUp technology offers a solution by providing reliable RF-based wireless power to multiple devices simultaneously. CEO Cesar Johnston emphasized the advisors' expertise as vital for the company's growth.
Energous Corporation (NASDAQ: WATT), a leader in RF-based wireless power networks, will hold a conference call on May 11, 2022, at 1:30 p.m. PT to discuss its Q1 financial results for the period ending March 31, 2022. Investors can join by calling 888-317-6003 or accessing the live broadcast on the company's website, where it will be available through May 2023. Energous is known for its WattUp® solution, a certified wireless charging technology that offers improvements over traditional methods, boasting over 200 patents and first FCC Part 18 certification for at-a-distance charging.
Energous Corporation (NASDAQ: WATT) has received approval from China’s Ministry of Industry and Information Technology for its 1W WattUp PowerBridge transmitter technology, aimed at IoT applications. This technology enables manufacturers to create cordless, batteryless, waterproof devices for various sectors including industrial and healthcare. Energous has previously secured similar certifications in the US, Europe, and India, expanding its global reach. The IDC estimates that combined IoT spending across these regions could reach $923.7 billion by 2025.
Energous Corporation (Nasdaq: WATT) and Atmosic Technologies have launched a Wirelessly-Charged Sensor Evaluation Kit, enabling battery-free IoT applications through wireless power transfer. This kit includes Atmosic’s ATM3 energy harvesting Bluetooth Low Energy SoC and Energous’ FCC-certified 1W WattUp PowerBridge transmitter. Expected to address the growing IoT sector, which may reach 40 billion devices by 2025, this solution aims to eliminate battery replacement issues. Priced at $500 USD, it is set for release in Q2 2022.
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.
