Energous Corporation
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Mallorie Sara Burak
- Full Time Employees
- 27
- Sector
- Technology
- Industry
- Semiconductors
- Address
- 3590 North First Street San Jose CA United States of America 95134
- IPO Date
- Mar 28, 2014
- CIK
- 0001575793
- Website
- energous.com
- Similar Companies
- Business
- Energous Corporation develops and commercializes radio frequency (RF)-based wireless power solutions primarily for the Internet of Things (IoT) and industrial markets. The company offers a portfolio of core products including PowerBridge transmitters—such as the PowerBridge PRO, PowerBridge MOD, and PowerBridge PRO+ with integrated gateway—power amplifiers, and RF modules that enable wireless power networks (WPN). These products facilitate over-the-air and at-contact wireless charging capabilities, providing automated, continuous power delivery to IoT devices including BLE tags, asset trackers, sensors, and other connected devices. Energous technology supports scalable, flexible antenna designs for various industrial, supply chain, retail, and enterprise IoT applications by eliminating the need for batteries or wired charging, which enhances operational efficiency and sustainability. Founded in 2012 and headquartered in San Jose, California, Energous has strategically expanded its geographic footprint and partnership ecosystem across North America, Europe, and Asia, with regulatory certifications in over 114 countries. Its solutions cater primarily to retail, logistics, industrial IoT, and enterprise customers seeking seamless device automation and enhanced supply chain visibility through continuous wireless power and data transmission. Recent major company changes include a strategic partnership with a Fortune 10 retailer to deploy PowerBridge PRO transmitters nationwide across 4,700 locations. The company launched advanced AI-driven PowerBridge MOD and PowerBridge PRO+ products integrating gateway functionality, adding new features that elevate wireless power network capabilities. Energous has also broadened its market reach through collaborations with Amazon Web Services (AWS) on enterprise proof-of-concept projects, and global system integrators like Peak Technologies for asset tracking enhancements. Financially, Energous improved its position significantly in 2025 by raising approximately $15.8 million through at-the-market offerings, fully retiring its high-interest debt, improving gross margins to 35%, and reducing operating expenses by 32%. The company reports projected quarterly revenues exceeding $900,000 in Q2 2025 and a 30% reduction in net losses year-over-year, reflecting growing commercial traction and operational efficiency. Energous holds over 200 patents in wireless power technologies and continues to innovate its product line with cutting-edge RF wireless charging systems designed for challenging industrial environments, with a target toward enabling a battery-free, always-connected IoT ecosystem globally. The company remains focused on expanding its wireless power network deployments and sustaining long-term growth by optimizing operations and strengthening strategic commercial partnerships.
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