Just last month the Company’s WattUp(R) won GOLD for its innovation
at the Edison Awards. That’s a pretty big deal, because being recognized
with an Edison Award has become one of the highest accolades a company
can receive in the name of innovation and business.
Secondly, just ten days ago, the Company announced it has received
Federal Communications Commission (FCC) approval of an advanced Near
Field WattUp transmitter reference design. The updated transmitter is
based on the recently announced DA4100 WattUp wireless power transmitter
chip, which is made available through the company’s strategic partner,
Dialog Semiconductor.
The DA4100 integrates multiple discrete components into a single silicon chip, reducing cost and implementation footprint, making an ideal in-the-box charging solution for many of today’s small electronic devices.
“This next generation Near Field transmitter reference design continues to advance the WattUp competitive advantages for small form factor and IoT devices with substantially lower bill of materials costs and a smaller footprint directly resulting from higher levels of system integration,” said Stephen Rizzone, Energous president and CEO.
That last line gives you just a few indications of Energous’ possibilities, and although there’s always an inherent risk associated with small stocks like this, WATT is one we definitely think is worth having “some” exposure to for the long haul.
Third, was the Company’s quarterly report just two days ago, and although the Company did lose $.57 cents per share on revenue of just $575K, the Company is projected to grow revenue next quarter by as much as 800%, over 600% year-over-year, and over 400% from this year to next.
As you can see, with the Company’s recent approval coming from the FCC, it should now be in position to start ramping up their revenue on a go-forward basis based on current projections.
Additionally, President and CEO, Stephen R. Rizzone said, “Energous is making substantial headway toward the successful commercialization of power at a distance.
The number of customers in the final stages of WattUp integration is growing rapidly, and consumer availability of these products is expected later this year. Demand for our technology is very high, progress with strategic partners continues to advance, and we are moving quickly to complete formal testing of our Mid Field power-at-a-distance transmitter to secure regulatory certification.
Technically, the stock has been on a bit of a tear over the last few days, so a short-term pullback would be no surprise. However, when we drill down into the monthly chart of WATT, we find the recent railroad tracks extremely attractive there. Meaning, last month’s red down bar has been matched by this month’s green bar back to the upside. At least so far anyway.
The DA4100 integrates multiple discrete components into a single silicon chip, reducing cost and implementation footprint, making an ideal in-the-box charging solution for many of today’s small electronic devices.
“This next generation Near Field transmitter reference design continues to advance the WattUp competitive advantages for small form factor and IoT devices with substantially lower bill of materials costs and a smaller footprint directly resulting from higher levels of system integration,” said Stephen Rizzone, Energous president and CEO.
That last line gives you just a few indications of Energous’ possibilities, and although there’s always an inherent risk associated with small stocks like this, WATT is one we definitely think is worth having “some” exposure to for the long haul.
Third, was the Company’s quarterly report just two days ago, and although the Company did lose $.57 cents per share on revenue of just $575K, the Company is projected to grow revenue next quarter by as much as 800%, over 600% year-over-year, and over 400% from this year to next.
As you can see, with the Company’s recent approval coming from the FCC, it should now be in position to start ramping up their revenue on a go-forward basis based on current projections.
Additionally, President and CEO, Stephen R. Rizzone said, “Energous is making substantial headway toward the successful commercialization of power at a distance.
The number of customers in the final stages of WattUp integration is growing rapidly, and consumer availability of these products is expected later this year. Demand for our technology is very high, progress with strategic partners continues to advance, and we are moving quickly to complete formal testing of our Mid Field power-at-a-distance transmitter to secure regulatory certification.
Technically, the stock has been on a bit of a tear over the last few days, so a short-term pullback would be no surprise. However, when we drill down into the monthly chart of WATT, we find the recent railroad tracks extremely attractive there. Meaning, last month’s red down bar has been matched by this month’s green bar back to the upside. At least so far anyway.
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