Power Play: Energous Sparks a Wireless Revolution

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Good morning! It's Tuesday, March 18th. Today’s post looks at Energous Wireless Power Solutions which is making waves in the Software industry. Let's dive in!

Energous: Powering the Future, Wirelessly

In a world increasingly reliant on connected devices, the demand for efficient and sustainable power solutions has never been greater. Energous Wireless Power Solutions is at the forefront of this revolution, pioneering over-the-air (OTA) wireless power networks that promise to transform industries and redefine how we think about energy delivery.

The Vision: A Battery-Free World

Energous envisions a future where devices are perpetually powered without the constraints of cords or the need for frequent battery replacements. Their scalable, RF-based wireless power network solutions aim to connect businesses with critical data transmission, delivering operational efficiency with fewer batteries for a smarter, more sustainable future.

Addressing Supply Chain Inefficiencies

Supply chain inefficiencies cost businesses billions annually through inventory losses and delayed shipments. Energous addresses these challenges by offering wireless power network (WPN) solutions that reduce costs, automate operations, and enable full visibility and real-time asset tracking in supply chain applications. For instance, poor inventory management and lack of visibility cost U.S. retailers $300 billion annually, while cold chain inefficiencies lead to $47 billion in losses each year.

Technological Edge: Unmatched Innovation

With over a decade of development and more than 250 patents, Energous stands out in the wireless power industry. They were the first company to receive FCC certification for power-at-a-distance technology, underscoring their leadership and commitment to innovation.

Recent Milestones and Growth

The past year has been monumental for Energous. In January 2025, the company joined the Amazon Web Services (AWS) Partner Network, enhancing its technological capabilities and market reach. Additionally, Energous was honored with the "IoT Connected Retail Innovation of the Year" award at the 2025 IoT Breakthrough Awards, recognizing its significant impact on the retail sector through innovative IoT solutions.

Financially, Energous has demonstrated robust growth. In the first two months of 2025, the company raised $13.4 million through its "at-the-market" common stock equity offering program, stabilizing its financial position and providing capital for future operations. This financial boost is intended to support the company’s operational and growth needs, aligning with its strategic growth objectives.

Leadership and Strategic Direction

Under the leadership of CEO Mallorie Burak, appointed in October 2024, Energous has focused on strategic growth and innovation. The company secured a scalable multi-phase contract with a Fortune 10 retailer in December 2024, highlighting the trust and confidence major corporations place in Energous's technology.

Conclusion

Energous Wireless Power Solutions is not just envisioning the future; they are actively creating it. Their innovative approach to wireless power, coupled with strategic partnerships and a strong financial foundation, positions them as a leader in the industry.