American Equus EQx VitalsSensor on track for
early 2021 availability
Today Energous Corporation (Nasdaq: WATT), the developer of
WattUp®, a revolutionary wireless charging 2.0 technology, and
American Equus, a leading equine products company, announced that
the American Equus EQx VitalsSensor, the first wirelessly charged
equine health tracking sensor, has successfully completed trials
and is on track for availability in Q1 2021. Built with WattUp
wireless charging 2.0 technology and designed for the professional
horseracing market, the American Equus EQx VitalsSensor monitors
and tracks the animal’s vital statistics such as temperature, heart
rate and leg position.
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The American Equus EQx VitalsSensor, the
first wirelessly charged equine health tracking sensor (Photo:
Business Wire)
“We’re thrilled our health monitoring wearable sensor has
successfully completed trials and is on track for customer
availability in early 2021,” said David Shano, president at
American Equus. “Energous, 28Gorilla and Imagine Manufacturing have
developed a highly durable, waterproof wireless charging tracker
ideally suited for the high demands of the horseracing
industry.”
The sensor was developed by industrial design firm 28Gorilla and
built by Imagine Manufacturing for American Equus. Following the
announcement of Energous’ partnership with 28Gorilla in May, the
sensor has undergone and completed trials, and will soon be
commercially available through American Equus. The waterproof
sensor is attached to the outside of a horse’s lower tendon via an
ankle wrap or boot and monitors the temperature of the tendon/skin
surface through an infrared sensor. All four legs are monitored,
and data is transmitted through a Bluetooth connection to the rider
or monitoring station. If any single temperature deviates from the
mean of the device’s four sensors past a predetermined point, an
alarm is sent to the user indicating a tendon may be injured or of
concern.
The American Equus EQx VitalsSensor features WattUp wireless
charging technology, enabling a form factor that foregoes a
charging port, reducing the likelihood of failure due to a dirty or
wet contact resulting from unpredictable horse track
conditions.
“The successful trials are a huge step toward bringing the
first-ever wirelessly charged equine health tracking sensor to
market. The coming availability of the American Equus EQx
VitalsSensor provides American Equus with an innovative device for
tracking a horse’s health with superior convenience, durability and
flexibility,” said Stephen R. Rizzone, president and CEO of
Energous Corporation. “The wireless sensor market is projected to
expand significantly in the next five years; we expect to see
additional sensors for a variety of specialized applications
emerge, including medical and IoT, developed with WattUp RF-based
wireless charging technology.”
Energous’ WattUp wireless charging 2.0 technology, which enables
both contact and distance charging, provides a number of possible
benefits for wireless charging, including the ability to be
designed into devices with non-flat surfaces. It also eliminates
cords, as well as inputs/outputs on a device, enabling products to
be waterproof and able to withstand harsh outdoor environments.
These capabilities have broad applicability to a variety of device
manufacturers in the wireless sensor market, which is projected to
grow from $5B in 2019 to $14.6B by 2025. Such devices inherently
require greater design flexibility due to their size, performance
requirements, and environments in which they operate.
To learn more about Energous, please visit Energous.com or
follow the company on Twitter, Facebook and LinkedIn.
To learn more about American Equus and their competitive line of
equestrian equipment visit www.americanequus.com.
About Energous Corporation
Energous Corporation (Nasdaq: WATT) is the global leader of
Wireless Charging 2.0 technology. Its award-winning WattUp®
solution is the only technology that supports both contact and
distance charging through a fully compatible ecosystem. Built atop
fast, efficient and highly scalable RF-based charging technology,
WattUp is positioned to offer substantial improvements over older,
first generation coil-based charging technologies in power,
efficiency, foreign device detection, freedom of movement and
overall cost for consumer electronics, medical devices, retail,
military, industrial/commercial IoT, automotive, military, retail
and industrial applications. Energous develops silicon-based
wireless power transfer (WPT) technologies and customizable
reference designs, and provides worldwide regulatory assistance, a
reliable supply chain, quality assurance, and sales and technical
support to global customers. The company received the world’s first
FCC Part 18 certification for at-a-distance wireless charging and
has been awarded 230 patents for its WattUp wireless charging
technology to-date. For more information, please visit
Energous.com.
Safe Harbor Statement
This press release contains forward-looking statements that
describe our future plans and expectations. These statements
generally use terms such as “believe,” “expect,” “may,” “will,”
“should,” “could,” “seek,” “intend,” “plan,” “estimate,”
“anticipate” or similar terms. Examples of our forward-looking
statements in this release include our statements about technology
developments, partner product development and wireless charging
innovation. Our forward- looking statements speak only as of this
date; they are based on current expectations and we undertake no
duty to update them. Factors that could cause actual results to
differ from what we expect include: the impact of the COVID-19
outbreak on the U.S. and global economies generally and on our
business, regulatory approvals, product development, employees,
partners, customers and potential user base; uncertain timing of
necessary regulatory approvals; timing of customer product
development and market success of customer products; our dependence
on distribution partners; and intense industry competition. We urge
you to consider those factors, and the other risks and
uncertainties described in our most recent annual report on Form
10-K and subsequent quarterly reports on Form 10-Q, in evaluating
our forward-looking statements.
About American Equus
Based in Gilbert, Arizona, American Equus produces stirrups and
spurs out of lightweight and durable aluminum alloy. Completely
customizable, with hand-polished finishes, American Equus products
are the perfect mixture of equestrian tradition and 21st century
production technology, design and function. The company designs and
manufactures equipment suitable for all equestrian disciplines
including hunter/jumpers, dressage, polo, western and racing.
American Equus is also currently the only company to produce
stirrups and spurs completely in the United States.
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Energous Public Relations PR@energous.com (408)
963-0200
Energous Investor Relations Mike Bishop (415) 894-9633
IR@energous.com
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