Energous Partners With TAGnology For Over-The-Air Wireless Power Solutions

Energous Corp WATT has partnered with TAGnology RFID GmbH, a provider of wireless technology, contactless identification, and RTLS (real-time location system) solutions, to bring Over-The-Air wireless power solutions to European customers.
TAGnology will work as an industrial design house for Energous customers, helping to implement wireless power solutions, proofs of concept (PoCs), and manage development projects.
Additionally, TAGnology will provide Energous' wireless power solutions and developer kits in Europe through its eCommerce website and distribution channel.
Energous' WattUp technology enables various wireless charging scenarios from near field to far-field over the air, at a wide range of distances; suitable for form factor devices to industrial IoT sensors to larger electronics and peripherals.
Price Action: WATT shares are trading higher by 1.63% at $2.49 during the pre-market session on Tuesday.