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Energous Corporation Reports 2021 Fourth-Quarter and Full-Year Financial Results
Company expands global ecosystem for WattUp Wireless Power Networks to drive retail, industrial, medical and other IoT applications SAN JOSE,
About this update from Energous Corporation
[{"type":"text","content":"\nCompany expands global ecosystem for WattUp Wireless Power Networks to drive retail, industrial, medical and other IoT applications\n\n SAN JOSE, Calif.--(BUSINESS WIRE)--\nEnergous Corporation (NASDAQ: WATT), a leading developer of RF-based charging for wireless power networks, today announced financial results for its fourth quarter and full year ended December 31, 2021, and provided an update on its operational initiatives and marketplace progress.\n\nRecent Highlights\n\nRegulatory Approvals –\n\n\nEnergous’ 1W WattUp PowerBridge transmitter received regulatory approval from the Innovation, Science and Economic Development Canada (ISED), Canada’s technology regulatory body, for RF-based power transfer at any distance.\n\n\nThe company’s 1W WattUp PowerBridge transmitter received its first regulatory approval in Asia for RF-based power transfer at any distance. The approval in India opens new market opportunities for over-the-air power solutions in the world’s second most populous country and follows similar approvals for Energous’ 1W WattUp PowerBridge in both Europe and the United States, two of the world’s largest markets.\n\n\nEnergous’ new 10W WattUp PowerHub received U.S. Federal Communications Commission (FCC) Part 18 grant of equipment authorization for 10W of conducted wireless power transfer. This approval nearly doubles the amount of power that can be transmitted wirelessly in the United States, safely delivering higher charge levels to wirelessly powered devices.\n\n\nThe company’s 1W WattUp PowerBridge completed regulatory review with an internationally accredited European Notified Body. The review verified that the company’s 1W WattUp PowerBridge transmitter complies with European technical requirements for radio equipment.\n\n\nThe approvals highlighted above follow key progress previously announced including:\n\n\nEnergous’ 900MHz 1W Active Energy Harvesting transmitter technology receiving FCC Part 15 grant of equipment authorization for wireless power transfer at any distance for multiple devices simultaneously, enabling at-a-distance wireless charging for the growing IoT ecosystem.\n\n\nRelease of the company’s 1W Active Energy Harvesting Developer Kit that can charge multiple devices simultaneously, enabling at-a-distance wireless charging for the growing IoT ecosystem.\n\n\nEnergous was recognized with ...