Energous Receives Regulatory Approval in South Korea for WattUp PowerBridge Transmitters
Approval for unlimited distance transmission expands the reach of Energous’ global ecosystem of wireless power transfer technology for IoT applications
SAN JOSE, Calif.--(BUSINESS WIRE)--Energous Corporation (NASDAQ: WATT), a leading developer of RF-based charging for wireless power networks, today announced that its 1W WattUp PowerBridge transmitter technology has been approved in South Korea for unlimited wireless power distance transmission for IoT applications. Energous’ WattUp PowerBridge supports wireless power transfer for multiple next-generation applications including smart tags, electronic shelf labels, sensors, asset trackers and more.
Energous’ regulatory approval in South Korea follows a wave of global approvals for Energous’ technology this year that expand the reach of its rapidly growing global ecosystem of wireless power transfer technology, with similar certifications in the United States, Europe, China, India, Canada, Australia and New Zealand. Energous’ global approvals are driven by the company’s expertise, semiconductor portfolio, antenna technology, and solution flexibility, and collectively open these markets for Energous’ technology, its customers and partners, with retail store deployments already in place in Australia.
“Energous has established a leadership position in wirelessly powering the IoT ecosystem, as the regulatory approvals of our WattUp PowerBridge technology continue to expand across the globe,” said Cesar Johnston, CEO of Energous. “With this latest approval in Korea, where growth of IoT deployments is strong and projected to continue expanding, Energous is able to now target the major trendsetting OEMs in Korea for our technology.”
Energous’ 1W WattUp PowerBridges are capable of charging multiple devices simultaneously at-a-distance via RF-based wireless power over the air, enabling manufacturers to design cordless, batteryless and fully waterproof sensors, smart tags, asset trackers and other IoT applications that can be deployed in industrial, retail, enterprise, and healthcare markets. They can send power to, and also act as a data link for, connected IoT devices, the number of which analyst firm IDC projects to more than triple over the next three years from about 12 billion devices today to almost 40 billion by 2025. IDC also forecasts IoT spending in the Asia Pacific region to grow at over 12% annually, reaching $437 billion by 2025, with China, Korea, and India accounting for more than three-fourths of overall IoT spending in the region.
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About Energous Corporation
Energous Corporation (NASDAQ: WATT) is the Wireless Power Network global leader. Its award-winning WattUp® solution is the only technology that supports both contact and distance charging through a fully compatible ecosystem. Built atop fast, efficient, and highly scalable RF-based charging technology, WattUp is positioned to offer improvements over older, first-generation coil-based charging technologies in power, efficiency, foreign device detection, freedom of movement and overall cost for industrial and retail IoT, smart homes, smart cities and medical devices. Energous develops silicon-based wireless power transfer (WPT) technologies and customizable reference designs, and provides worldwide regulatory assistance, a reliable supply chain, quality assurance, and sales and technical support to global customers. The company received the world’s first FCC Part 18 certification for at-a-distance wireless charging and has been awarded over 200 patents for its WattUp wireless charging technology to-date.
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