Welcome to our dedicated page for WiSA Technologies news (Ticker: WISA), a resource for investors and traders seeking the latest updates and insights on WiSA Technologies stock.
WiSA Technologies, Inc. (WISA) is a pioneering company specializing in wireless sound technology. As a fabless semiconductor firm, it focuses on developing and selling advanced wireless audio integrated circuits. These state-of-the-art circuits are designed to deliver high-definition, distortion-free audio for a range of home entertainment and professional audio markets.
Headquartered in Beaverton, Oregon, with additional offices in San Jose, California, as well as in Taiwan, Korea, and Japan, WiSA Technologies is strategically positioned to serve a global market. The company boasts an extensive geographic presence across Asia Pacific, North America, and Europe.
WiSA Technologies is renowned for its award-winning Summit Wireless™ technology. This leading integrated circuit solution is widely recognized for its ability to distribute high-quality audio wirelessly. Summit Wireless™ technology can be seamlessly integrated into audio decoding sources such as digital televisions, sound bars, PA systems, AV receivers, Blu-ray players, set-top boxes, and gaming systems. These sources transmit multi-channel audio to home theater or pro-audio speakers equipped with Summit receive technology.
In addition to selling module components to audio companies, WiSA Technologies also offers audio products to both resellers and consumers. The company collaborates closely with consumer electronics companies, technology providers, retailers, and ecosystem partners to enhance the immersive audio experience for users.
WiSA Technologies is a co-founder of the Wireless Speaker and Audio Association (WiSA) standard, which promotes interoperability among various audio components. The company's recent achievements and current projects emphasize its commitment to innovation and quality in the audio technology sector.
Stay tuned for updates from WiSA Technologies as they continue to make strides in the wireless audio industry, delivering cutting-edge solutions and expanding their global footprint.
Summit Wireless Technologies (NASDAQ: WISA) reported a preliminary Q3 2021 revenue of approximately
WiSA LLC announced a significant surge in website traffic, anticipating over 800,000 holiday visitors. This growth, driven by the WiSA Wave Marketing Program, has resulted in a 550% year-over-year increase in consumer exposure, rising from 176,000 to approximately 1.2 million in 2021. WiSA collaborates with over 40 retailers, including Amazon and B&H Photo-Video, to market WiSA Certified products and enhance consumer awareness in the wireless home cinema market.
Summit Wireless Technologies (NASDAQ: WISA) announced that Hisense has launched new WiSA Ready™ laser TV projectors in the U.S. The L9G models, measuring 100” and 120”, support a 5.1.2 audio channel and feature the TriChroma laser light engine with 3,000 lumens for superior brightness and color accuracy. These projectors allow quick wireless connectivity to any WiSA Certified™ speaker system, enhancing home entertainment experiences.
Summit Wireless Technologies, Inc. (NASDAQ: WISA) will participate in the LD Micro Main Event on October 12 at 2:00 PM PT in Los Angeles. CEO Brett Moyer will present, with management also hosting individual meetings. Summit Wireless is known for its innovative wireless sound technology for intelligent devices and home entertainment, collaborating with major brands like Harman, LG, and Klipsch. A copy of the presentation will be available on their Investor Relations website.
Summit Wireless Technologies (NASDAQ: WISA) announced the launch of the Harman Kardon Radiance 2400 wireless audio system, utilizing HARMAN’s Constant Beamwidth Technology™ and integrated WiSA technology. Available in select European countries, this system includes ultra-slim floor-standing speakers, a subwoofer, and a digital hub, promising immersive wireless audio. The Radiance 2400 offers user-friendly features, including a multifunctional LCD touch screen and Bluetooth remote control. This innovation positions WiSA as a leader in the wireless home cinema market.
Summit Wireless Technologies, Inc. (NASDAQ: WISA) announced the hiring of three industry veterans—Eric Almgren, Steve Venuti, and Roger Isaac—to enhance the adoption of the WiSA standard and stimulate revenue growth. With over 80 years of collective experience in launching major technologies like HDMI, this strategic team aims to expand market applications for Summit's high-definition wireless audio technology. CEO Brett Moyer highlighted their proven records in standard commercialization as vital for advancing WiSA's position in the audio industry.
Summit Wireless Technologies (NASDAQ: WISA) has appointed Eric Almgren as Chief Strategist effective September 13, 2021. His responsibilities include enhancing the WiSA standard and driving revenue growth. As part of his appointment, Almgren received restricted stock equal to 2% of the company's outstanding shares. The shares will vest over 36 months and are tied to achieving specific market capitalization milestones of $75 million, $100 million, and $150 million.
Summit Wireless Technologies, Inc. (NASDAQ: WISA) has announced its participation in the H.C. Wainwright 23rd Annual Global Investment Conference. CEO Brett Moyer will present live on September 13 at 7:00 am ET and will hold meetings on September 13-14. Presentation materials will be available on the company’s Investor Relations website. Summit Wireless specializes in immersive, wireless sound technology for advanced home entertainment systems, collaborating with renowned brands like Harman and LG Electronics.
Summit Wireless Technologies (NASDAQ: WISA) has partnered with Hansong, a renowned ODM, to launch a new technology reference platform for wireless soundbars, audio hubs, and speakers. Named Discovery, this low-cost module leverages Summit's advanced Wi-Fi software for fixed low latency audio transmission, supporting up to four synchronized audio channels—ideal for entry-level home cinema systems. Hansong aims to enhance consumer audio experiences and expand market access through this collaboration.
Summit Wireless Technologies (NASDAQ: WISA) announced that LG Electronics’ QNED Mini LED TVs have been certified as WiSA Ready™, expanding LG's offerings of WiSA compatible products this year. The launch includes six new models that support seamless wireless audio connections with WiSA Certified speakers from major brands. This certification marks LG's fourth WiSA Ready product family rollout in 2021, highlighting the company’s leadership in wireless home cinema technology. LG’s integration of WiSA technology ensures high-quality audio experiences across various forms of entertainment.
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