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Stock impact report

Energous PowerBridge Transmitters to Help Improve Transportation Efficiency for Multinational Retailer

Energous Corporation (WATT) 
Last energous corporation earnings: 11/7 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.energous.com
Company Research Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ: WATT), a pioneer in scalable, over-the-air (OTA) wireless power networks, today announced it has shipped its Energous 1W PowerBridge transmitter systems for use by a Fortune 10 multinational retail organization. The transmitters, which are ruggedized and weatherproof, are purpose built for commercial transportation applications, allowing real time inventory tracking during distribution. This deployment follows the retailer’s previous orders of Energous 2W PowerBridge transmitters for its grocery distribution centers.In legacy supply chain management systems, data is typically tracked manually with bar code scanners or paper documents, leading to information gaps and errors. As more retailers use Internet of Things (IoT) enabled devices such as scanners and tags to track products, they can create smart supply chains which improve efficiency, customer service, and profitability. Show less Read more
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