WATT share rose more than 26% intraday: why it happened

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  • The Energous Corp (NASDAQ: WATT) share price rose over 26% during today’s intraday trading. That’s why it happened.

The Energous Corp (NASDAQ: WATT) share price rose over 26% during today’s intraday trading. Investors responded positively to Energous Corporation – the developer of WattUp, a revolutionary 2.0 wireless charging technology – announcing the availability of its 5.5W Active Energy Harvesting Development Kit to enable remote wireless charging. for the growing ecosystem of the industrial Internet of Things and other connected devices.

Unlike passive solutions which scavenge ambient energy from surrounding environments – which typically offer extremely low amounts of energy and can be unpredictable in terms of the amount of energy available, Energous’ active energy harvesting solution includes a Dedicated transmitter that emits 5.5W of power driven in a specific area or direction using its RF-based WattUp wireless charging technology.

This RF-based energy is harvested by Energous-activated receiving devices, which can be combined with e-peas’ RF energy harvesting IC technology. The Energous 5.5W active energy harvesting solution supports one-to-many charging, allowing multiple devices to be charged simultaneously from a single transmitter. And Energous active energy harvesting technology is applicable to a wide range of industries and applications, from medication storage and patient tracking monitors in a healthcare facility, to smoke detectors and motion sensors. in a smart home, to the prevention of failures and other safety sensors in an industrial environment.

WattUp 5.5W Active Energy Harvesting Development Kit includes e-peas power management IC technology with a wide range of Energous IPs

– DA4100 highly integrated system-on-chip (SoC) wireless power transfer (WPT) transmitter IC

– EN3921 power amplifier controller

– EN3913 High Efficiency GaN Power Amplifier Module

– AEM30940 RF energy recovery IC solution from e-peas

KEY QUOTE:

Energous’ 5.5 Watt Active Energy Harvesting Development Kit makes it easier for wireless device developers to integrate active energy harvesting into their solution, while providing consistent power levels. and safe. This one-of-a-kind technology supports a much wider range of IoT devices that require guaranteed power levels not provided by today’s passive energy harvesting technologies and lays the groundwork for growth in more critical energy applications.

– Cesar Johnston, COO and Executive Vice President of Engineering for Energous

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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