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Energous Partners with Fortune 10 Retailer to Scale Wireless Power Deployment Across 4,700 U.S. Locations

1. Energous accelerates deployment with a Fortune 10 retailer, enhancing retail infrastructure. 2. 4,700 retail locations will now benefit from Energous' wireless power solutions.

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FAQ

Why Bullish?

This positive deployment update suggests increasing demand for WATT's technology, akin to previous partnerships where similar announcements have driven stock price increases, establishing credibility and revenue potential.

How important is it?

The partnership with a Fortune 10 retailer directly signals WATT's growing market presence and reliability, indicating potential for significant financial impact, aligning with positive past performance trends.

Why Long Term?

As the integration with a major retailer progresses, ongoing revenue streams and market validation will likely support WATT's growth over time, unlike short-lived announcements that may have immediate, but fleeting, effects.

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SAN JOSE, Calif.--(BUSINESS WIRE)--Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ: WATT), a leader in scalable, over-the-air (OTA) wireless power networks (WPNs), today announced the acceleration of its deployment timeline with a Fortune 10 multinational retailer. This implementation is part of an infrastructure modernization initiative aimed at upgrading approximately 4,700 retail locations across the United States. The rollout features the Energous PowerBridge Pro transm.

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