Energous Reports Further Increase in Quarterly Revenue, Driven by Accelerating Adoption of Wireless Power Networks
1. Energous reports record quarterly revenue of approximately $1.3 million. 2. Operational losses decrease to lowest levels since 2014. 3. Confirmed order backlog of about $4.2 million fueled by major enterprise deployments. 4. Strategic AWS partnership boosts customer engagement with Fortune 500 companies. 5. New wireless power products planned to expand market reach.