Energous and CAP-XX Partner to Develop Battery-free Wirelessly Powered IoT Devices for a Range of IoT Applications
29 November 2022 - 10:00PM
Business Wire
CAP-XX’s supercapacitors combined with
Energous’ wireless power technology to enable maintenance-free IoT
devices that do not require battery replacement
Energous Corporation (NASDAQ: WATT), a leading developer of
RF-based charging for wireless power networks, and CAP-XX Limited
(LSE:CPX) — the leading manufacturer of ultra-thin prismatic,
cylindrical, and Lithium-Ion supercapacitors — today announced a
partnership to develop solutions that combine Energous’ WattUp
technology with CAP-XX’s high-performance supercapacitors. The
companies are partnering to pave the way for battery free IoT
devices powered by Energous’ wireless power technology and CAP-XX
long-life supercapacitors.
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“One of the critical challenges hindering large-scale IoT
deployment is the problem of constant battery replacement in each
of those IoT devices,” said Cesar Johnston, CEO of Energous. “We
are partnering with CAP-XX to eliminate battery replacements and
reduce cost of maintenance, thus enabling IoT devices at scale.
CAP-XX is a leader in the design and manufacture of thin, flat
supercapacitors used in portable and small-scale electronic
devices. Its supercapacitors feature high power density and high
energy storage capacity in a space-efficient prismatic package,
essential in internet-connected devices deployed in
space-constrained electronics applications. CAP-XX thinnest
supercapacitor is 0.4mm thick, about half the thickness of a credit
card. CAP-XX supercapacitors provide peak power support for pulsed
loads, secure power back-up for mission critical applications, and
battery-independent power storage while also reducing the weight,
cost and size of batteries, component cost and number and
environmental impact.
“The combination of our supercapacitors with Energous’ WattUp
over-the-air wireless power technology will provide a much-needed
solution to one of IoT’s main headaches: the need for constant
battery replacement,” said Anthony Kongats, CEO at CAP-XX. “We are
excited to work closely with Energous to develop a groundbreaking
solution for the fast-growing ecosystem of IoT devices.”
To learn more about Energous, please visit Energous.com or
follow the company’s corporate pages on Twitter, Facebook and
LinkedIn.
About Energous Corporation
Energous Corporation (Nasdaq: WATT) is the Wireless Power
Network global leader. 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 improvements over older, first-generation
coil-based charging technologies in power, efficiency, foreign
device detection, freedom of movement and overall cost for
industrial and retail IoT, smart homes, smart cities and medical
devices. 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 over 200
patents for its WattUp wireless charging technology to-date.
Safe Harbor Statement
This press release contains “forward-looking statements” within
the meaning of the Securities Act of 1933, as amended, the
Securities Exchange Act of 1934, as amended, and the safe-harbor
provisions of the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical fact included in
this press release are forward-looking statements. Forward-looking
statements may describe our future plans and expectations and are
based on the current beliefs, expectations and assumptions of
Energous. These statements generally use terms such as “believe,”
“expect,” “may,” “will,” “should,” “could,” “seek,” “intend,”
“plan,” “estimate,” “anticipate” or other similar terms. Examples
of our forward-looking statements in this release include, but are
not limited to, our statements about the future of the global
wireless charging industry and our technology. Factors that could
cause actual results to differ from current expectations include:
uncertain timing of any 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,
together with the other risks and uncertainties described in our
most recent annual report on Form 10-K as filed with the Securities
and Exchange Commission (SEC), any subsequently filed quarterly
reports on Form 10-Q, as well as any other documents that may have
been subsequently filed by Energous, from time to time, with the
SEC, in evaluating our forward-looking statements. In addition, any
forward-looking statements represent Energous’ views only as of the
date of this release and should not be relied upon as representing
its views as of any subsequent date. Energous does not assume any
obligation to update any forward-looking statements unless required
by law.
About CAP-XX
CAP-XX is the leader in the design and manufacture of
supercapacitors, including ultra-thin prismatic, cylindrical and
hybrid (lithium-ion capacitors), for managing burst power, micro
energy harvesting and backup power needs in portable and IoT
devices. CAP-XX also offers large, powerful supercapacitor modules
for engine start and other microgrid/grid/power correction
applications up to 2000V. CAP-XX prismatic supercapacitors are
manufactured in Australia and Malaysia and its cylindrical and
hybrid supercapacitors are manufactured in China and the USA. The
company’s strong intellectual property (IP) portfolio includes 11
patent families. CAP-XX’s ultra-thin prismatic supercapacitors are
ideal for space-constrained electronics applications where small
energy storage device size and thickness are critical. Visit
https://www.cap-xx.com/ or email sales@cap-xx.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221129005148/en/
Energous Corporate Communications: Gordon Bell
gbell@energous.com
Energous Investor Relations: Padilla IR
IR@energous.com
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