Energous Gets Japan Wireless Charging OK; Eyes IoT, Smartphone Products
Energous got regulatory approval in Japan for its wireless charging technology, said the company, leaving China and Korea approvals as remaining hurdles for its global ground plan. Global certification -- and the ability to sell products in North America, Europe…
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and Asia -- has been an important consideration for tier-one opportunities, said CEO Stephen Rizzone on a Wednesday quarterly call. He believes it will complete its global certification path for regulatory approvals this year. The lone item on the market using Energous wireless charging technology is the Delight Oasis personal sound amplification product. Target markets for WattUP technology in 2020 include smart glasses, said Rizzone. Possible expansion markets in 2021 include smartphones, military and public safety, gaming, industrial and commercial IoT, he said: Over time, “regulatory requirements will evolve and be relaxed, as was the case with Wi-Fi.” The company's 2019 revenue was $200,000.