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Energous Corp - WATT STOCK NEWS

Welcome to our dedicated news page for Energous (Ticker: WATT), a resource for investors and traders seeking the latest updates and insights on Energous.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Energous's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Energous's position in the market.

News
Energous Corporation Reports 2023 Results
Rhea-AI Summary
Energous (WATT) reported 2023 revenue of $0.5 million, down from $0.9 million in 2022. Costs reduced to $22.6 million in 2023 from $27.5 million in 2022, with a net loss improvement to $(19.4) million. Recent partnerships with Velociti, WiGL, Identiv, InPlay, and Veea aim to expand into new markets. Key highlights include regulatory approval in Japan, launch of 2W PowerBridge transmitter, and industry standard establishment for AirFuel RF.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.34%
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none
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News
Energous Announces Leadership Change
Rhea-AI Summary
Energous (NASDAQ: WATT) announces the departure of Cesar Johnston as President & CEO. The Board of Directors is searching for a successor. The company establishes an Office of the Chair to lead operations in the interim period. Reynette Au thanks Cesar for his contributions and focuses on executing a smart IoT-centric strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
management
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News
Energous Announces Velociti as Preferred Deployment Partner and Value-Added Reseller
Rhea-AI Summary
Energous (NASDAQ: WATT) partners with Velociti Inc. to expand the reach of its wireless power network technology into retail, healthcare, logistics, and warehousing sectors. Velociti will serve as a system integration partner and value-added reseller, offering deployment opportunities to new markets and customers. The partnership aims to provide consistent, reliable power to IoT devices, reducing reliance on charging cables and disposable batteries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
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none
News
Energous Announces Participation in 36th Annual ROTH Conference
Rhea-AI Summary
Energous Corporation (NASDAQ: WATT) announces CEO attendance at the 36th Annual ROTH Conference. The event offers networking opportunities with investors in growth sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
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none
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News
Energous Corporation Announces Conference Call for 2023 Financial Results
Rhea-AI Summary
Energous Corporation (WATT) will hold a conference call to discuss its financial results for the year ended December 31, 2023. Interested parties can access the call by dialing specific numbers. The call will include a Q&A session and will be broadcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
earnings
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News
Energous to Display Innovative Wireless Power Networks Solutions for Logistics Digitization at MODEX 2024
Rhea-AI Summary
Energous Corporation (NASDAQ: WATT) to showcase wireless power solutions at MODEX 2024 to address energy needs in logistics and supply chain sectors. The company's cutting-edge technology enables wireless charging, eliminating wires, cables, and disposable batteries to enhance productivity and safety.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.54%
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none
News
Energous Announces $2.0 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules
Rhea-AI Summary
Energous Corporation (NASDAQ: WATT) announces a securities purchase agreement for 1,020,409 shares of common stock and warrants in a registered direct offering at $1.96 per share, with an exercise price of $1.84 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
offering
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News
WiGL and Energous Announce Developmental Milestone to Bring Touchless Wireless Power Transfer Networks to Market
Rhea-AI Summary
WiGL Inc and Energous Corporation announce successful completion of FCC product safety compliance for touchless wireless charging solution. The joint effort aims to commercialize WiGL's wirelessly powered IoT products funded by the U.S. Department of Defense, transitioning to civilian markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.3%
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none
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News
Energous Announces Change of Chief Financial Officer
Rhea-AI Summary
Energous Corporation (WATT) appointed Mallorie Burak as Chief Financial Officer, effective January 15, 2024. Ms. Burak brings over 17 years of experience in executive CFO roles for technology companies. She was granted restricted stock units (RSUs) as part of her appointment. The board of directors approved the grant as an inducement to her appointment, following Nasdaq Marketplace Rule 5635(c)(4).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
none
News
Energous and Identiv Partner to Enable Real-Time Asset Tracking for Logistics and Supply Chain Applications
Rhea-AI Summary
Energous Corporation (WATT) and Identiv, Inc. (INVE) partner to bring real-time asset tracking to supply chain and logistics applications by wirelessly powering Identiv’s ID-Pixels tags with Energous’ PowerBridge technology. This collaboration aims to deliver more reliable and consistent power than disposable batteries and charging cables to thousands of IoT sensors deployed across the logistics industry, resulting in less maintenance, lower costs, and shorter setup times, while also establishing greater precision, safety, and ease of use. The increasing adoption of IoT solutions in the logistics industry and the growing need for reliable and consistent power is addressed by this partnership, especially in cold chain logistics. The joint solution will pair Identiv’s RF tags, capable of measuring temperature and humidity, with Energous’ PowerBridge technology, enabling cold chain logistics companies to track and report temperature inside cooling trucks and deliver improved performance in refrigerated cargo ships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
Tags
partnership
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Energous Corp

Nasdaq:WATT

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WATT Stock Data

10.16M
5.97M
2.57%
3.76%
9.4%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
US
San Jose

About WATT

energous corporation is the developer of wattup®—an award-winning, wire-free charging technology that will transform the way consumers and industries charge and power electronic devices at home, in the office, in the car and beyond. wattup is a revolutionary radio frequency (rf) based charging solution that delivers intelligent, scalable power via radio bands, similar to a wi-fi router. wattup differs from older wireless charging systems in that it delivers power at a distance, to multiple devices – thus resulting in a wire-free experience that saves users from having to remember to plug in their devices.