Associated tags: FCC, Corporation, Certification, WPT, WATT, Mobile, Wireless, Semiconductor, IOT (Internet of Things), RF, Hardware, Mobile phone, Energizer, Internet of things, Link, Ecosystem
Locations: LOS ANGELES, GERMANY, GEORGIA, NEWPORT BEACH, SAN JOSE, VIRGINIA, NEW YORK, FREEDOM, AT, MISSOURI, MO, UNITED STATES, NORTH AMERICA, CALIFORNIA, SG, CA
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Mobile phone Energous Corporation (NASDAQ: WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for the year ended December 31, 2023, and provided an update on recent partnerships and company highlights.
Key Points:
- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for the year ended December 31, 2023, and provided an update on recent partnerships and company highlights.
- Total costs and expenses were significantly reduced in 2023 from approximately $27.5 million in 2022 to approximately $22.6 million in 2023, representing a cost reduction of $4.9 million year over year.
- Approximately $13.9 million in cash and cash equivalents at the end of 2023, with no debt.
- Energous and Velociti — which deploys advanced enterprise technology solutions to some of the largest brands in the world, joined Energous as a preferred system integration partner and worldwide value-added reseller (VAR) for its technology.
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Management Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced that Cesar Johnston is no longer serving in his role as President & CEO of Energous, effective immediately.
Key Points:
- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced that Cesar Johnston is no longer serving in his role as President & CEO of Energous, effective immediately.
- The Board of Directors has initiated a search to identify a permanent successor.
- Reynette Au, Chair of the Board, stated: “On behalf of the full Board, I want to thank Cesar for his contributions to Energous, particularly for his work securing critical regulatory approvals for our WattUp wireless power transfer technology.
- As previously announced, Energous will hold a conference call on Thursday, March 28, at 1:30 p.m. PT (4:30 p.m.
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Mobile phone Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced Velociti Inc. (“Velociti”) as a preferred system integration partner and worldwide value added reseller (VAR) for its technology.
Key Points:
- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced Velociti Inc. (“Velociti”) as a preferred system integration partner and worldwide value added reseller (VAR) for its technology.
- Velociti, who deploys advanced enterprise technology solutions to some of the largest brands in the world, provides expansion opportunities into new markets, applications and customers for Energous’ wireless power technology across retail, healthcare, logistics, warehousing and more.
- Missouri-based Velociti designs, deploys and supports the technology that enterprise clients rely on to keep pace in the rapidly evolving connected supply chain.
- Velociti has successfully deployed technology solutions to businesses of all sizes – including numerous Fortune 500s – across North America and worldwide.
Semiconductor,
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WATT Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced that Cesar Johnston, President and CEO, will attend the 36th Annual ROTH Conference , held March 17-19, 2024 at The Ritz Carlton Laguna Niguel in Dana Point, California.
Key Points:
- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced that Cesar Johnston, President and CEO, will attend the 36th Annual ROTH Conference , held March 17-19, 2024 at The Ritz Carlton Laguna Niguel in Dana Point, California.
- The company will also conduct one-on-one meetings with investors throughout the day.
- The invite-only ROTH Conference provides investors the opportunity to hear from and meet with executive management from approximately 500 private and public companies in a variety of growth sectors.
- Where: The Ritz Carlton Laguna Niguel in Dana Point, CA
Energous Corporation (NASDAQ: WATT), a leading developer of RF-based wireless power networks, today announced that it will hold a conference call on Thursday, March 28, at 1:30 p.m. PT (4:30 p.m.
Key Points:
- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based wireless power networks, today announced that it will hold a conference call on Thursday, March 28, at 1:30 p.m. PT (4:30 p.m.
- ET) to discuss its financial results for the year ended December 31, 2023.
- Interested parties can access the call by dialing 1-888-317-6003 within the United States or 1-412-317-6061 from international locations and providing the participant entry number 7297731.
- The call also will be broadcast on the Energous website at www.energous.com , where it will be archived through March 2025.
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Environment Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced that it will be showcasing its cutting-edge wireless charging solutions that enable supply chain digitization at MODEX 2024 from March 11-14 in Atlanta, Georgia.
Key Points:
- Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced that it will be showcasing its cutting-edge wireless charging solutions that enable supply chain digitization at MODEX 2024 from March 11-14 in Atlanta, Georgia.
- Energous enables logistics companies to overcome these challenges through its wireless power technology with multi-device charging capabilities that enable long-distance over the air charging and power transfer solutions.
- Expert Insights: Engage with our team of experts to explore how Energous can tailor wireless charging solutions to meet your specific logistics needs.
- Tailored Expertise: Discuss with our specialists how Energous can customize wireless charging solutions to address your unique logistics challenges.
Retrieved on:
Friday, February 16, 2024
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Research The closing of the offering is expected to occur on or about February 20, 2024, subject to the satisfaction of customary closing conditions.
Key Points:
- The closing of the offering is expected to occur on or about February 20, 2024, subject to the satisfaction of customary closing conditions.
- Roth Capital Partners is acting as the exclusive placement agent for the offering.
- The gross proceeds to the Company from this offering are expected to be approximately $2.0 million, before deducting the placement agent’s fees and other offering expenses payable by the Company.
- The securities in the offering described above are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No.
Retrieved on:
Thursday, February 15, 2024
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Television WiGL Inc (StartEngine: “WiGL”) , a developer of touchless wireless charging for IoT devices, and Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced the next phase of their efforts to commercialize WiGL’s wirelessly powered IoT products.
Key Points:
- WiGL Inc (StartEngine: “WiGL”) , a developer of touchless wireless charging for IoT devices, and Energous Corporation (NASDAQ: WATT), a leading developer of RF-based intelligent wireless power networks, today announced the next phase of their efforts to commercialize WiGL’s wirelessly powered IoT products.
- WiGL and Energous have completed the third and final milestone of their partnership to develop and design WiGL’s touchless Wireless Power Transfer (tWPT) product, successfully meeting Federal Communication Commission (FCC) compliance.
- WiGL’s tWPT network powered by Energous delivers a convenient wireless power solution to customers, removing the need for replaceable batteries and charging cables across IoT deployments.
- “Energous PowerBridges deliver wireless power over the air to IoT, reducing downtime, maintenance costs and toxic waste, while increasing range of coverage and overall efficiency.
Retrieved on:
Tuesday, January 16, 2024
Semiconductor,
IOT (Internet of Things),
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Management Energous Corporation (NASDAQ: WATT), an industry leader in RF-based wireless power network solutions, announced today that the board of directors appointed Mallorie Burak as Energous’ Chief Financial Officer effective January 15, 2024.
Key Points:
- Energous Corporation (NASDAQ: WATT), an industry leader in RF-based wireless power network solutions, announced today that the board of directors appointed Mallorie Burak as Energous’ Chief Financial Officer effective January 15, 2024.
- Susan Kim van-Dongen, the Company’s prior Interim Chief Financial Officer, stepped down on January 15, 2024.
- Ms. Burak has over 17 years of experience in chief financial executive roles for private, NASDAQ, and OTCQX-listed technology companies.
- The Company would also like to thank Susan Kim van-Dongen for serving as Interim Chief Financial Officer and wishes her the best in her future endeavors.
Retrieved on:
Tuesday, January 16, 2024
BEAVERTON, Ore., Jan. 16, 2024 /PRNewswire/ -- AirFuel™ Alliance, a global standards organization dedicated to accelerating adoption of wireless power technology and standards, announces the launch of the certification program for the AirFuel RF standard.
Key Points:
- BEAVERTON, Ore., Jan. 16, 2024 /PRNewswire/ -- AirFuel™ Alliance , a global standards organization dedicated to accelerating adoption of wireless power technology and standards, announces the launch of the certification program for the AirFuel RF standard.
- With the launch of the AirFuel RF certification program administered by the Telecommunications Technology Association (TTA), customers can confidently deploy AirFuel RF certified products from multiple vendors.
- As a long-standing board member of the AirFuel Alliance, Energous applauds and supports the AirFuel RF certification program, which will accelerate the adoption and deployment of this second-generation wireless power technology solving the pressing energy demands of the exploding IoT ecosystem."
- To learn more about accessing the AirFuel™ RF standard and joining AirFuel Alliance, please visit airfuel.org/membership .
