Energous Corp (NASDAQ: WATT) shares took off like a Saturn rocket early Wednesday, after the company reported that the company has received Federal Communications Commission certification for over-the-air, power-at-a-distance wireless charging.
The San Jose-based Energous, the developer of WattUp®, a revolutionary wire-free, power-at-a-distance charging technology, today announced FCC certification of its first-generation WattUp Mid Field transmitter, which sends focused, RF-based power to devices at a distance.
As the first FCC certification for power-at-a-distance wireless charging under Part 18 of the FCC's rules, this development represents a new era of wireless charging, and opens up a tremendous opportunity for the electronics industry.
Energous' WattUp Mid Field transmitter underwent rigorous, multi-month testing to verify it met consumer safety and regulatory requirements.
As the first Part 18 FCC approved power-at-a-distance wireless charging transmitter, the certification marks a significant milestone for the consumer electronics industry and paves the way for future wireless charging ubiquity for nearly any small electronic device, including smartphones, tablets, fitness trackers, smart watches, earbuds, wireless keyboards and mice, smart speakers and more.
Energous CEO Stephen Rizzone said "Older wireless charging technologies have received limited adoption over the past 15 years, and are confined to contact-based charging only.
“The FCC certification of Energous' power-at-a-distance wireless charging transmitter is a major market milestone. It opens up options, outside of just contact-based charging, to Wireless Charging 2.0: an ecosystem where devices can be charged both, via pad and at a distance.”
Shares in the company soared it $7.17, or 81.1%, to $16.01.
