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Stock impact report

Energous Ships First Orders to Multinational Technology Company for Reverse Logistics

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 wireless power networks (WPNs), today announced it has shipped the first orders of its 2W PowerBridge transmitter system to a Fortune 100 technology company. The Energous transmitters will be the foundation of new WPNs that will deliver always-on, advanced asset tracking capabilities for certain reverse logistics processes at the company’s distribution centers.Reverse logistics is a critical process in supply chain management that involves recovering products and materials after their use or distribution, and includes activities such as returns management, recycling, refurbishment, and disposal. Digitizing this process with Internet of Things (IoT) technology allows companies to streamline logistics, enabling them to plan efficient routes and networks, speed up operations, proactively plan activities, and anticipate and manage issues b Show less Read more
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