Energous Corp receives EU certification for PowerBridge Pro
Energous Corp's stock surged by 17.96% as it crossed above the 5-day SMA, reflecting strong investor interest.
This increase is attributed to the company's recent achievement of EU certification for its PowerBridge Pro wireless power system, marking a significant milestone in its global expansion strategy. The certification allows for commercialization across all EU member states and the UK, enhancing the product's market potential. The PowerBridge Pro's improved technical performance, including 2W conducted power and 39.5 dBi EIRP, addresses the growing demand for efficient wireless power solutions in various applications.
The implications of this certification are substantial, as it positions Energous to capitalize on the increasing adoption of wireless power technologies, particularly in the context of Ambient IoT, which requires sustainable and maintenance-free power solutions.
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