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Energous Corporation d/b/a Energous Wireless Power Solutions reports developments in over-the-air wireless power networks for ambient Internet of Things deployments. Its technology combines transmitter systems, receiver integrated circuits, software controls, hardware designs and antenna systems to deliver RF-based wireless power and data to battery-free devices used in asset and inventory tracking, electronic shelf labels, retail sensors, air-quality monitors and motion detection.
Recurring news for WATT includes earnings releases, commercial deployment updates, proof-of-concept programs across enterprise markets, PowerBridge transmitter shipments, regulatory approvals for PowerBridge Lite and PowerBridge Pro, partnerships, customer adoption, investor-conference participation and equity financing activity.
Energous Corporation (NASDAQ: WATT) has partnered with CAP-XX Limited to develop battery-free IoT solutions using Energous' WattUp technology and CAP-XX's supercapacitors. This collaboration aims to mitigate the issue of frequent battery replacements in IoT devices, enhancing scalability and reducing maintenance costs. CAP-XX's supercapacitors deliver high energy storage and power density, ideal for space-restricted applications. This advancement is expected to improve the performance of interconnected devices across various sectors.
Energous Corporation (NASDAQ: WATT) announced that its WattUp PowerBridge wireless power technology has been recognized as a CES® 2023 Innovation Awards honoree in the Embedded Technology category, marking the second consecutive year of this honor. The CES Innovation Awards received over 2,100 submissions this year. Energous' technology enables wireless charging for IoT devices, capable of powering multiple devices simultaneously from distances of 1W to 15W. The company will showcase its award-winning technology at CES 2023 in Las Vegas, January 5-8, 2023.
Energous (NASDAQ: WATT) will showcase its wireless power network technology at electronica 2022 in Munich, Germany, from November 15-18. The demonstrations will feature innovative applications including:
- CO2 Sensors powered wirelessly for indoor air quality.
- Wiliot IoT Pixels for augmented reality data visualization.
- Electronic Shelf Labels powered by WattUp technology.
- Wireless Sensor Evaluation Kit combining Energous' technology with Atmosic sensors.
This event underscores the growing relevance of batteryless solutions in the expanding IoT market.
Energous Corporation (NASDAQ: WATT) has announced a collaboration with Sensirion (SIX: SENS) to develop next-generation maintenance-free CO2 sensors powered wirelessly for improving Indoor Air Quality (IAQ) in industrial and commercial settings. This collaboration aims to eliminate the battery maintenance issue associated with CO2 sensors, enhancing their deployment efficacy. Sensirion has over 20 years of experience in sensor technology, and their CO2 sensors can significantly reduce energy consumption. Both companies will showcase their innovations at electronica 2022.
Energous Corporation (NASDAQ: WATT) reported its third-quarter financial results for 2022, showcasing a revenue increase to approximately $223,000, up nearly 11% compared to $201,000 in Q3 2021. The company incurred costs and expenses of about $6.3 million, resulting in a net loss of approximately $(6.0) million or $(0.08) per share. Energous secured significant partnerships, including collaborations with Flagship and NGK INSULATORS, and received FCC authorization for its WattUp PowerBridge transmitter, enabling higher power transfer for IoT devices. The company ended Q3 with $30.4 million in cash and no debt.
Energous Corporation (NASDAQ: WATT) will present a corporate overview at the LD Micro Main Event XV on October 25, 2022, at 3 p.m. PT. CEO Cesar Johnston and CFO Bill Mannina will discuss the company’s advancements in RF-based wireless power technology. Interested investors can access the live webcast here. Energous is recognized for its WattUp® technology, which offers both near field and remote charging solutions, and holds over 200 patents in the industry.
Energous Corporation (NASDAQ: WATT) has partnered with NGK Insulators to integrate its WattUp technology with NGK's EnerCera® batteries, aiming to create maintenance-free power solutions for IoT devices. The EnerCera battery, known for its compact and efficient design, includes ultra-thin and coin-type options, enhancing power delivery for sensors and asset trackers. This collaboration addresses the increasing power demands in the expanding IoT market by enabling devices to operate without battery replacements or cables.
Energous Corporation (NASDAQ: WATT), a pioneer in RF-based wireless power solutions, has scheduled a conference call on November 3 at 1:30 p.m. PT to discuss its third quarter financial results for the period ending September 30, 2022. The call will be accessible via phone and streamed on the company’s website, where it will be archived until November 2023. Energous is renowned for its WattUp® technology, the only solution supporting both contact and distance charging, further establishing its leadership in the wireless power market.
Energous Corporation (NASDAQ: WATT) announced the approval of the ITU Recommendation ITU-R SM.2151-0, allowing for the use of the 900 MHz frequency band in wireless power transfer. This recommendation supports the company's WattUp PowerBridges technology, enhancing wireless charging for IoT devices. Energous has led efforts in this process with support from the US, Japan, and Brazil. The 900 MHz band is expected to optimize performance and cost, addressing limitations of existing power delivery methods. This development aligns with the increasing demand for reliable power in growing IoT applications.
Energous Corporation (NASDAQ: WATT) announces its second retail store deployment in Australia in collaboration with Flagship and Academy Brand, utilizing Wiliot IoT Pixels powered by Energous WattUp PowerBridges. This initiative enhances retail operations by enabling real-time tracking of inventory and consumer behavior, facilitating data-driven insights for better management. The deployment underscores Energous' commitment to revolutionizing the retail sector through innovative wireless power technologies. CEO Cesar Johnston highlights the significant progress in commercial rollouts for smart retail.