Energous Corp soars on FCC nod for wireless charging tech

Energous

19/10/2021 12:57

** Energous Corp's shares  WATT.O  up 36% at $2.71 premarket
- set for best day since Feb. 19 
    ** Co receives U.S. Federal Communications Commission's 
equipment authorization for wireless power transfer at any
distance  urn:newsml:reuters.com:*:nBw2jbSWa
    ** The 1W Active Energy Harvesting transmitter can charge
multiple devices at once, enabling over-the-air charging at any
distance for retail sensors, electronic shelf labels, industrial
devices and more - WATT
    ** In May, WATT's tech received approval in Europe
    ** More than 7 mln shares traded, 830% more than 25-day
moving avg volume
    ** Up to last close, stock rose 11.1% this year

 (Reporting by Bansari Mayur Kamdar)
 ((BansariMayur.Kamdar@thomsonreuters.com;))