SAN JOSE, Calif.--(BUSINESS WIRE)--Energous Corporation (Nasdaq: WATT), a leading developer of RF-based wireless power networks, today announced that its 1W WattUp PowerBridge transmitter technology has been approved by the Ministry of Industry and Information Technology (MIIT) in China for IoT applications. Energous’ WattUp PowerBridge supports multiple next-generation applications including smart tags, electronic shelf labels, sensors, asset trackers and more.
Energous’ WattUp technology enables manufacturers to design cordless, batteryless and fully waterproof sensors, smart tags, asset trackers and other IoT appliances that can be deployed in industrial, retail, enterprise, and healthcare markets. This approval for unlimited distance transmission follows similar certifications received by Energous in the United States, Europe and India, and expands Energous’ global technology ecosystem. According to the IDC Worldwide Semiannual Internet of Things Spending Guide (November 2021), the total combined value of IoT spending across these four markets (U.S., Europe, India and China) is expected to reach $923.7 billion by 2025, up from a combined $595.9 billion in 2021.
“The approval of our WattUp PowerBridge in China increases the global Energous ecosystem and opens up new design options such as cordless, batteryless and fully waterproof devices for IoT manufacturers in the region,” said Cesar Johnston, CEO of Energous. “Through our growing worldwide regulatory approvals, Energous has established a leadership position, which has further expanded with this approval of our technology in China.”
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About Energous Corporation
Energous Corporation (Nasdaq: WATT) is the Wireless Power Network global leader. Its award-winning WattUp® solution is the only technology that supports both contact and distance charging through a fully compatible ecosystem. Built atop fast, efficient, and highly scalable RF-based charging technology, WattUp is positioned to offer improvements over older, first-generation coil-based charging technologies in power, efficiency, foreign device detection, freedom of movement and overall cost for industrial and retail IoT, smart homes, smart cities and medical devices. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs, and provides worldwide regulatory assistance, a reliable supply chain, quality assurance, and sales and technical support to global customers. The company received the world’s first FCC Part 18 certification for at-a-distance wireless charging and has been awarded over 200 patents for its WattUp wireless charging technology to-date.
Safe Harbor Statement
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