Energous expands wireless power
Energous says it has broadened commercial wireless power deployments with one Fortune‑10 customer expanding internationally and another completing 14 international installs, and reported renewed manufacturing partnerships. Shares moved higher on the update, signalling investor interest in the company's commercial momentum and multi‑vertical proof‑of‑concept pipeline. (manilatimes.net) (investing.com)
Energous said on April 15 that two Fortune 10 customers are expanding deployments of its wireless-power systems, including new installations outside the United States. (energous.com) The first customer is continuing a previously announced rollout across about 4,700 targeted United States locations, and Energous said more than 1,500 installations have been completed so far. That program was first disclosed on April 16, 2025 as part of a retailer modernization effort. (energous.com 1) (energous.com 2) The second customer, which Energous described as operating in e-commerce and reverse logistics, has expanded into multiple use cases and geographies, with more than 14 international installations completed to date. (energous.com) Wireless power in this market is not phone charging across a tabletop. Energous sells radio-frequency transmitters that send small amounts of power over the air to tags and sensors so companies can track inventory, monitor conditions, and reduce battery changes in warehouses, stores, and distribution centers. (energous.com 1) (energous.com 2) Its current commercial pitch centers on supply-chain visibility: Energous said the 2025 retailer rollout used its PowerBridge Pro transmitters to support real-time tracking for perishable and dry goods across stores and grocery distribution centers. (energous.com) The company said it is also running proof-of-concept programs in retail, manufacturing, grocery, quick-service restaurants, government, and other regulated sectors. Energous said some of those projects are structured to move from single sites to broader multi-location rollouts. (energous.com) Energous tied the update to expanded manufacturing capacity and a stronger balance sheet, and said it plans to restart quarterly investor conference calls with first-quarter results in May. In January, the company said it expected 2025 revenue of $5.6 million, up from about $0.8 million in 2024, with net loss down more than 45 percent year over year. (energous.com) (sec.gov) Investors reacted quickly. Market reports on April 15 said Energous shares jumped about 17 percent after the company disclosed the expanded customer activity. (investing.com) (finance.yahoo.com) The next test is whether those pilot programs and named installation counts turn into repeat orders large enough to lift revenue beyond a handful of enterprise deployments. For now, Energous is pointing investors to installed sites, international expansion, and a May results call as proof that its wireless-power business is moving from demos toward routine customer rollouts. (energous.com) (sec.gov)