Business
Energous Reports Continued Commercial Momentum, Expanding Fortune 10 Deployments, and a Growing Multi-Vertical Proof-of-Concept Pipeline
Fortune 10 customers continuing and expanding active deployments, including internationally Advancing multiple large-scale proof-of-concept programs across
About this update from Energous Corporation
[{"type":"text","content":"Fortune 10 customers continuing and expanding active deployments, including internationally Advancing multiple large-scale proof-of-concept programs across retail, quick-service restaurants, manufacturing, and government sectors Company plans to restart quarterly investor conference calls beginning with first quarter results in May SAN JOSE, Calif., April 15, 2026 (GLOBE NEWSWIRE) -- Energous Corporation d/b/a Energous Wireless Power Solutions (Nasdaq: WATT), a leader in over-the-air (OTA) wireless power networks, today announced continued commercial momentum across its enterprise customer base, including expanding deployments with its two Fortune 10 customers, and a growing proof-of-concept pipeline spanning multiple industries and geographies. \"The momentum that defined 2025 has carried into early 2026,\" said Mallorie Burak, CEO and CFO of Energous. \"The commercial infrastructure we built last year, recently expanded manufacturing capacity, a strengthened balance sheet, and a growing portfolio of active deployments, is enabling us to pursue opportunities at a pace and scale that was not possible twelve months ago.\" Expanding Fortune 10 Deployments and Multi-Vertical Proof-of-Concept Pipeline Energous continues to expand its deployment footprint with two Fortune 10 customers. The first customer continues active deployment of wireless power network infrastructure as part of its previously announced program, spanning approximately 4,700 targeted U.S. locations, with over 1,500 completed installations to date. A second Fortune 10 customer, operating in the e-commerce and reverse logistics sector, has increased the cadence of its engagement with Energous, expanding its program across multiple use cases and geographies, including internationally with over 14 completed installations to date. This international expansion reflects growing demand for Energous' wireless power network solutions beyond the U.S. market and further validates the scalability of the Company's platform. In parallel, the Company is advancing a growing number of proof-of-concept initiatives across retail, manufacturing, and foodservice, including grocery and a quick-service restaurant operator. Several of these programs are structured to scale from initial site deployments to broader multi-location rollouts in the near term. Energous is also progressing progr...