Energous Corporation (NASDAQ:WATT) shares rallied around 14% after the wireless power technology company said its PowerBridge Pro Directional transmitter has secured regulatory approval for use across the European Union.
The authorization allows Energous to commercially deploy its flagship wireless power transmitter throughout all EU member states as well as the UK. PowerBridge Pro is capable of delivering 2W of conducted power with 39.5 dBi of EIRP, providing enterprises with wider coverage and enhanced long-range wireless power performance.
The system has received dual-band approval covering both the lower and upper frequency bands at 865 MHz and 918 MHz, enabling unrestricted deployment across EU markets. The latest approval follows earlier regulatory clearances in the United States, further extending Energous’ international footprint.
“EU certification of our PowerBridge Pro marks a major milestone in Energous’ roadmap for global expansion,” said Mallorie Burak, CEO and CFO of Energous. “By meeting strict EU regulatory standards, we are positioned to carry the same momentum we’ve seen with Fortune 10 deployments in the U.S. in the European market, enabling enterprises to scale wireless power infrastructures across their supply chains.”
Energous is focused on reducing reliance on batteries and cabling through the rollout of wireless power networks worldwide. Its PowerBridge transmitters are designed to support Ambient IoT applications such as supply chain tracking, cold chain monitoring, fleet management, and environmental sensing.