Energous Corp Stock Price, News & Analysis

Energous Corporation (Nasdaq: WATT) has received U.S. Federal Communications Commission (FCC) approval for its 900MHz 1W Active Energy Harvesting transmitter technology, enabling wireless power transfer at any distance. This certification complements prior approval in Europe and enhances the ecosystem for Internet of Things (IoT) devices. The technology allows simultaneous charging of multiple devices, facilitating broader applications in retail, healthcare, and industrial sectors. The FCC approval is seen as a significant milestone for Energous in the wireless charging market.

Energous Corporation (NASDAQ: WATT) has announced a strategic partnership with Wiliot, integrating its WattUp 1W active energy harvesting technology to power Wiliot's IoT Pixel tags. This collaboration aims to enhance the performance of IoT devices in retail, medical, and industrial sectors, enabling simultaneous data transfer from multiple sensors. The combined technology utilizes existing Wi-Fi infrastructure to support widespread deployment of these devices. The partnership is seen as a significant milestone in advancing IoT capabilities.

Energous Corporation (NASDAQ: WATT) will hold a conference call on November 11 at 1:30 p.m. PT to discuss its financial results for Q3 ending September 30, 2021. Interested parties can engage by dialing 888-317-6003 in the U.S. or 412-317-6061 internationally. The call will be accessible on their website and archived for one year. Energous is recognized for its WattUp® wireless charging technology, having over 200 patents and being the first to receive FCC Part 18 certification for at-a-distance wireless charging.

Energous Corporation (NASDAQ: WATT) has launched the 1W Active Energy Harvesting Developer Kit, designed for wireless charging of multiple devices simultaneously. This CMOS-based kit offers a compact solution and utilizes the company's WattUp® RF technology, distinguishing itself from passive energy harvesting systems. The kit is positioned to drive IoT applications across various sectors. Energous claims its technology supports higher power levels than competitors, enabling developers to effectively address the expanding IoT ecosystem.

Energous Corporation (NASDAQ: WATT) will showcase its innovative WattUp® wireless charging technology at CES 2022, held from January 5-8 in Las Vegas, NV. Visitors to booth #51965 can experience demonstrations of the award-winning technology, which allows simultaneous charging of multiple devices at various distances. Energous stands out as the only RF-based wireless charging solution with regulatory approvals in over 100 countries, making it suitable for diverse applications from consumer electronics to industrial IoT sensors.

Energous Corporation (Nasdaq: WATT) has partnered with TAGnology RFID GmbH to promote its WattUp wireless charging 2.0 technology in Europe. TAGnology will serve as an industrial design house, facilitating the implementation of wireless power solutions, proofs of concept, and development projects. This partnership aims to enhance the adoption of Energous' technology across various applications, from small devices to industrial IoT sensors. The collaboration is expected to improve customer experience and broaden the market reach of Energous' innovative charging solutions.

Energous Corporation (NASDAQ: WATT) reported its Q2 2021 financial results, revealing a revenue of $184,960 and a net loss of $11 million or $0.18 per share. Operating expenses totaled $11.2 million, with significant investment in R&D at $6.1 million. The company ended the quarter with $38.23 million in cash and no debt. Energous announced advancements in its WattUp® technology, including a partnership for a 5.5 watt power transmitter and progress in regulatory certifications, signaling potential market penetration.

Energous Corporation (Nasdaq: WATT) announces a leadership transition with Cesar Johnston appointed as acting CEO following the retirement of Stephen R. Rizzone. Johnston, a seven-year veteran, was previously COO. Bill Mannina replaces Brian Sereda as acting CFO, continuing his tenure since 2016. Kathleen Bayless joins the board, bringing over 30 years of executive experience. Chairman Dan Fairfax emphasizes continuity and familiarity in leadership as critical for company success. The recent changes come after the disbanding of the Office of the CEO formed during Rizzone's medical leave.

Energous Corporation (NASDAQ: WATT) will host a conference call on July 29, 2021, at 1:30 p.m. PT to discuss its Q2 financial results for the period ending June 30, 2021. Interested parties can join by calling 888-317-6003 in the U.S. or 412-317-6061 internationally, using code 0265104. The call will also be available on their website, where it will be archived for a year. Energous is a leader in Wireless Charging 2.0 technology, known for its WattUp® solution, which allows both contact and distance charging.