WATT:NASDAQ

Energous Corp.

Energous Corp. is developing WattUp, a wire-free charging technology that will transform the way people charge and power their electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary, patent- and trademark-pending solution that delivers intelligent, scalable power via the same radio bands as a Wi-Fi router. The result is a true wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. The company will initially license WattUp to the wearable and mobile-accessory markets and will expand to other markets such as Wi-Fi routers and smartphones over time.

Expert Comments:

Michael Fitzsimmons, Seeking Alpha (9/17/14)
"Energous Corp.'s IPO priced stock at $6/share and 4.6M shares were sold, resulting in net proceeds were $24.8M and a 76% increase to $10.50/share on its first day of trading. . .the wireless power charging market is estimated to grow from practically nothing in 2012 to ~$8B by 2018. The company appears to have a toe-hold in this emerging market and could be a tremendous benefactor."


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Energous Corp. Content