Energous’ (WATT): Cutting the Mobile Charging Cord Forever

Myron Goldstein  |

Energous Corporation (WATT) has developed a proprietary wireless charging system targeting mobile and portable consumer devices - smartphones, tablets, IoT, and notebooks. The idea is based on the same concepts as WiFi networks, and operates in the same manner – a transmitter plugged into the wall sending a wireless RF signal to a receiver contained within the device. The system’s range is a radius of 15 feet, and can recharge a device with the user walking and using the device. One of the key technological breakthroughs for WATT is their unique antenna design.


In the beginning of November, Dialog Semiconductor made a $10 million investment in WATT and established a partnership with them. This can be viewed as a validation of WATT’s technology. Dialog sells semiconductor power management and connectivity (Bluetooth low energy) components used in the mobile industry. They have design wins on Apple iPhones and Android based smartphones.Dialog will become the exclusive component supplier for all of WATT’s ICs and be responsible for all post development and qualification logistics including wafer forecasts, foundry management, chip inventory, distribution, and master supply agreements with high volume customers. This will result in massive cost savings for WATT.

Just as notebooks killed the desktop PC, people want to cut the umbilical cord, and be able to move. Wireless charging will replace contact and wired based charging systems allowing the user to be mobile while recharging their device. The wireless charging solution is called WattUp® and it has the potential to massively alter the technology ecosystem. The company was involved in rumors that Apple was going to install it in the new iPhone and then Dialog Semiconductor announced their strategic partnership and investment in WATT. Dialog is an Apple supplier and Energous also has a deal with Pegatron, another important Apple supplier.

If many have not taken WATT seriously before, now is the time to take notice because a paradigm shift in smartphone charging is going to occur.

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Companies

Symbol Name Price Change % Volume
WATT Energous Corporation 3.58 0.03 0.85 189,514 Trade

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