Wednesday, September 17, 2014

Energous signs JDA with second major semiconductor company

PLEASANTON, USA: Energous Corp., the developer of WattUp, a disruptive wire-free charging technology for electronic devices that provides power at a distance with complete mobility under full software control, announced a joint development agreement (JDA) with a multi-billion dollar Tier 1, global semiconductor company to develop WattUp-enabled power management solutions.

The partner has requested anonymity for competitive reasons.Energous and the semiconductor company will collaborate on reference designs to showcase the integration that can be achieved by delivering products specifically designed to support the wearable market. The Companies expect to demonstrate product evaluation boards highlighting these combinations at CES 2015.

"WattUp will handily transform the power management industry from its complete dependence on tethered charging to full independence from cords and mats," said Stephen R. Rizzone, CEO of Energous.

"This new collaboration provides further validation that major semiconductor companies see advantages of truly wire-free power over the existing inductive solutions. This is the second semiconductor company to sign a JDA with Energous within the past month and we believe that rapid adoption by multiple semiconductor companies further validates the opportunity and accelerates our goal of a ubiquitous solution."

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