Energous Corporation (WATT)
Energous Corporation operates in the Hardware, Equipment & Parts industry of the Technology sector, headquartered in San Jose, CA, US. The stock last traded at $18.27, down 2.12% on the session, giving a market capitalisation of $100.5M. On trailing twelve-month figures it carries a trailing P/E of -3.22, a net margin of -94.2%. Its beta of 1.59 implies it has historically moved more than the broad market.
Energous Corporation is a company focused on developing cutting-edge wireless power solutions. Their primary offering is the innovative WattUp wireless power technology, a complete system designed to charge electronic devices using radio frequencies. This technology integrates specialized semiconductor chipsets, advanced software controls, unique hardware designs, and custom antennas. The applications for Energous's technology are extensive, covering smart home and building automation, digital price tags (electronic shelf labels), industrial Internet of Things (IoT) sensors, various medical devices (both external and internal), location trackers, audio devices (hearables), personal tech (wearables), general consumer electronics, and public safety equipment. Established in 2012, the company was originally known as DvineWave Inc. before officially changing its name to Energous Corporation in January 2014. Its corporate headquarters are situated in San Jose, California.
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