-- Energous Corporation honored for new product innovation in the wireless charging market
MOUNTAIN VIEW, California, June 25, 2015 /PRNewswire/ -- Based on its recent analysis of the wireless charging market, Frost & Sullivan recognizes Energous Corporation (NASDAQ: WATT) with a 2015 North American Frost & Sullivan Award for New Product Innovation. Energous' WattUp™ is an "over-the-air," wire-free technology for charging mobile devices up to 15 feet away, without the use of a cord or mat. More than 15 joint development partners are interested in integrating WattUp into their products, helping Energous stand out as a major player in the growing wireless charging market.
"The market is ripe for a wireless charging technology that is realistic and scalable from a technological perspective, as users are eager for solutions that will allow them to charge their devices without having to plug them in or set them in a specific spot," said Frost & Sullivan Senior Industry Analyst Todd Day. "With WattUp, Energous has created a truly wireless experience wherein customers' devices will automatically begin charging when they are within range of a WattUp transmitter, allowing them to enjoy uninterrupted mobile access to content, services, and applications."
WattUp is completely configurable and scalable, so the ability to transmit or send wireless power can be integrated into existing Wi-Fi routers, TVs, cable boxes, speakers, gaming consoles, refrigerators, and more. Each transmitter in this ecosystem of charging hot spots has the capability of charging up to 12 different devices at a time, making it effortless for WattUp-enabled devices like smartphones, wearables, IoT devices, cameras, LED lights and more.
Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased ROI it offers customers, which, in turn, increases customer acquisition and overall market penetration potential.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
About Energous Corporation
Energous Corporation is developing WattUp, a wire-free charging technology that will transform the way people charge and power their electronic devices at home, in the office, in the car and beyond. WattUp is a revolutionary, patent and trademark-pending solution that delivers intelligent, scalable power via the same radio bands as a Wi-Fi router. WattUp differs from current wireless charging systems in that it will deliver meaningful, useable power, at a distance, to multiple devices, resulting in a wire-free experience that saves users from having to remember to plug in their devices or place them on a mat. For more information, please visit www.energous.com.
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SOURCE Frost & Sullivan