WATT
Published on 05/14/2026 at 04:57 pm EDT
Energous Corporation
Battery-Free IoT Infrastructure
The Only Wireless Power Network Enabling Battery-Free, Real-Time IoT at Enterprise Scale
Active Locations
PowerBridges Deployed
Patents
Product Returns
May 2026
Enabling Ambient IoT at Enterprise Scale
Ambient IoT connects everyday assets and environments to the cloud through low-power/battery-free sensors.
These sensors generate real-time data, enabling automation, AI-driven insights, and full operational visibility across physical environments.
What is Ambient IoT?
None provide scalable, continuous real-time
visibility.
Not Scalable
High
Maintenance
Limited
Visibility
Current solutions fall short:
The Challenge Today
Battery-Free Sensors
Wireless Power
Real-Time Data
Enterprise Scale
Full Automation & Visibility
The Energous Solution
Reliable AI requires reliable data at the physical level.
Energous infrastructure enables continuous data streams for next-generation AI analytics.
Positioned Across Multiple Large IoT Markets with Active Deployments
Bluetooth/BLE Ecosystem
8B devices by 2029
5.3B → 8B
Multiple entry points across Bluetooth, IoT sensors, RFID, and Ambient IoT markets
RFID Tags Market
$15.6B (2025)
52.8B chips shipped (2024)
Ambient IoT
1.1B shipments by 2030
IoT Sensors Market
$101.6B by 2032
Our Beachhead Markets:
Retail: Inventory visibility (2,000+ locations today)
Cold Chain: Food & pharma distribution (1 QSR and 3 National Grocers)
Logistics & Manufacturing: Asset tracking (U.S. and expanding internationally)
BLE replacing RFID at 5-10x lower TCO • Ambient IoT at inflection point • Regulatory mandates accelerating adoption
Sources: Bluetooth SIG, Fortune Business Insights, IDTechEx, ABI Research
Subscription-Based Model
Software and platform services delivered via subscription
Contracts auto-renew annually, creating predictable revenue stream
End-to-End Solution Drives Recurring Revenue Stream
Revenue generated through bundled sales of PowerBridge Pro+ transmitters, e-Sense tags, and e-Compass software
Scalable Growth
Revenue becomes increasingly predictable with higher margins after initial
deployment (typically by Year 2)
Revenue compounds as deployments scale across enterprise environments
Energous End-to-End Solution: Recurring Revenue Model
Energous Solution: Transforming the Physical Layer into a Digital Twin
Powering the infrastructure layer that makes battery-free IoT viable at enterprise scale.
Energy
Management
Management
User Data
Enriched Sensor Data
Cloud Sensor Data
Raw Sensor Data
Pre-Processed Sensor Data
Key Differentiators:
Deterministic Power Zones: Engineered, guaranteed coverage versus passive ambient harvesting
End-to-End Platform: Sensors + infrastructure + optional cloud. One vendor: streamlined operation, improved security, and cost competitive
Energous End to End Solution in Action
High accuracy zone-based asset tracking
Real-time monitoring
Temperature and humidity monitoring
Validation from origin to last mile
Network device management
Real-time events for 3rd party integration
Enterprises Need Real-Time Visibility - Without the Battery Burden
Enterprises already invest in item-level tracking, but battery-powered IoT creates cost, maintenance, and reliability challenges. Energous eliminates battery dependency to enable scalable, continuous visibility.
Cold Chain Waste
1.05 billion metric tons of food waste annually.
Challenge: Battery sensors fail during handoffs, creating data gaps & compliance risk.
Solution: National grocery distributors and QSR use Energous battery-free sensors for continuous monitoring.
Impact: Continuous, uninterrupted data across the supply chain enables automated compliance, reduces spoilage, and eliminates manual checks.
Inventory Blind Spots
$1.73 trillion lost annually from
inventory distortion globally.
Challenge: Battery RFID requires scanning. Stockouts and overstocks.
Solution: Fortune 10 retailers deployed our infrastructure across 2,000+ locations globally, providing continuous visibility.
Impact: Up to 99% inventory accuracy. Eliminated manual cycle counts.
Battery Maintenance
Battery replacement for 10K devices can exceed $6M in labor over 5 years.
Challenge: Unpredictable battery life drives ongoing labor, downtime, and compliance risk.
Solution: Energous wireless power eliminates battery replacement - enabling fully maintenance-free operation.
Impact: Reduces total cost of ownership by millions while enabling continuous, reliable operation at scale.
Sources: UNEP Food Waste Index Report 2024, IHL Group, QOI Tech
Ambient IoT transforms supply chains from tracking to always-on intelligence
From Event-Based Tracking to Continuous Intelligence
Ambient IoT real-time data powers AI software models and enables real-time insights into location, predictability, movement, condition, ownership, and compliance.
Labor Efficiency & Automation
By automating data collection and discrepancy resolution, ambient IoT frees supply chain workers (associates, managers, store teams) to focus on higher-value tasks.
Enterprise Performance Advantage
Continuous visibility enables faster inventory turns, reduced shrink, regulatory data tracking, and improved demand forecasting accuracy.
The Emerging Enterprise Standard
Battery-free ambient IoT aligns with emerging global regulatory, ESG, and compliance mandates - establishing infrastructure-level standards for enterprise deployment.
Energous Wireless Power Solutions makes this vision possible by powering ambient IoT sensors continuously & reliably at
enterprise scale.
Ambient IoT is Scaling - And Energous Powers It
Converging market demand, regulatory momentum, and enterprise adoption
positions Energous as the leader of the growing ambient IoT market.
Market Acceleration
•
•
Real-Time Data Powers AI
More Data = More Intelligence
Enables:
•
•
•
Predictive Logistics
Cold Chain Monitoring &
Compliance
Inventory Automation
Regulatory Leadership
•
•
•
•
UK+EU+FCC 1W & 2W Over-
the-Air Certifications Technology Certifications in 110+ Countries
EU 2023/1542 Battery Regulation Alignment ESG & Compliance-Ready Infrastructure
2,000+
Active Locations
Commercial Proof
39,000+
PowerBridges Shipped
Zero
Product Returns
QSR and National Grocery
Partners
|
Item-Level Logistics Visibility | 14 International Deployments
PowerBridge Pro
High-power Transmitter
8W EIRP / 2W conductive output
Up to 50 ft range
Built for multi-zone asset and inventory tracking
IP67 Rated
FCC+EU+UK Certified
PowerBridge: Enterprise Wireless Power Infrastructure
Technical Specifications
FCC 2W over-the-air certification (Industry First)
RF component expertise on both system and semiconductor
8W EIRP transmission capability
50+ foot range per transmitter
One-to-many device charging within line of sight
Sensor agnostic architecture
AWS native cloud integration
Deterministic power zones (engineered coverage)
Up to 99% uptime
-30ºC Cold Chain operability
PowerBridge Lite
Directional Transmitter
1.8W EIRP / 1W conductive output
Designed for dynamic applications such as warehouses & retail
Ideal for establishing zones in the
wireless power network
Compass
Operational Intelligence Platform
Secure, cloud-based deployment
management
Gateway onboarding and zone
configuration
Real-time monitoring, analytics, and historical reporting
Sense Tag
Battery-free Sensor
Battery-free, maintenance-free operation
Real-time temperature and location data
Built for supply chain, cold chain, and inventory tracking
Re-usable and full IP67 rated
Unlike passive ambient harvesting, Energous creates engineered, deterministic power zones - ensuring predictable device uptime and continuous data flow.
Energous delivers the wireless power infrastructure that makes enterprise-scale deployment reliable and
manageable.
Legacy RFID
Battery-Powered IoT
Ambient Harvesting
Energous
Power Source
Passive (reader only)
Batteries
Ambient RF
Active Wireless Power Network
Data Frequency
On-demand scan
Periodic
Variable and not reliable
Real-time continuous
Coverage
Line-of-sight
Anywhere (until battery
dies)
High RF areas only
Engineered zones
Maintenance
Reader infrastructure
Frequent swaps
None (but unreliable)
None (and reliable)
Reliability
Scan-dependent (periodic
data)
90-95% (not real-time)
70-85%
Up to 99%
Infrastructure Control
Reader suppliers
N/A
N/A (ambient dependent, tags don't harvest enough energy to push data)
Energous owns network & hardware/semiconductors
At our power output, competitors are in labs-we're in Fortune 10 warehouses.
Strategic Partner Ecosystem
AWS ISV Accelerate partner
AWS Partner Page: 50+ posted deal launches as of May 13, 2026
Active co-selling with AWS account teams
Pre-qualified vendor status
Accelerated enterprise sales cycles
Cloud & Platform Amazon Web Services (AWS/AT&T/Velociti)
2,000+ retail & fulfillment locations (U.S.)
3 national grocery distributors
14 international markets
Multi-phase deployment expansions
Reference customer pipeline
1 QSR cold chain deployment
Enterprise Customers Retail, Manufacturing & Logistics
Global system integrators
Value-added resellers
Sensor OEM ecosystem
Chip & component partners
Target: up to 50% pipeline partner-sourced
Target Partnerships System Integrators & VARs
Strategic partnerships accelerating enterprise adoption and commercial scale
FY 2025 (Audited): $5.6M revenue (+633% YoY) • 36% gross margin • Net loss improved 48% YoY
Enterprise deployments at scale - driving revenue growth and improved operational efficiency.
Estimated quarterly revenue breakeven: ~$5M-$7.5M
Energous Financial Performance Trends (2024 - Q1 2026)
Q1 2026 Highlights
$3.1M Revenue
$3.1M revenue, marking the fifth consecutive quarter of growth
+799% YoY Growth
36% Gross Margin
51% Net Loss Improvement vs Q1 2025
$36.6M Cash
799% YoY increase driven by enterprise deployment scaling
Two active Fortune 10 commercial deployments, expanding both nationally and internationally
Expanding proof-of-concept pipeline across QSR, manufacturing, grocery, cold chain, and government sectors
Strengthened Amazon Web Services ecosystem: 50+ posted deal launches, with active co-selling and direct-sales pipeline into parent business units
Operational Efficiency: Margins Expanding, Losses Decreasing
Financial Trajectory
Gross Margin Expansion
FY 2024: 2%
FY 2025: 36%
Q1 2026: 36%
Target: 40%+ (at scale)
Net Loss Reduction
Revenue
Deployment Scale Metrics
2,000+
Active Locations
39,000+
PowerBridge Pro Units Deployed
2
Ongoing Fortune 10 Deployments
Zero
Product Returns
FY 2024: $768,000
FY 2025: $5.6 million Q1 2026: $3.1 million
Target: Product sales + recurring revenue from end-to-end solution
2025: $(9.6) million; Lowest annual net loss since 2013
Q1 2026: $(1.7) million; 51% improvement vs Q1 2025
Balance Sheet Strength
Cash: $36.6 million (March 31, 2026)
Commercial Loans: $0 (fully retired)
Runway: 12+ months
How customers use Energous today-proven results across retail, cold chain, and logistics
Use Case:
Cold Chain Compliance
Challenge: Battery sensors not capable of
providing real-time visibility
Energous Solution: 1 QSR and 3 National Grocers. Continuous monitoring for environmental conditions & perishable food tracking. Energous PowerBridge Pro is the only solution operating at -30◦C, enabling cold chain operation.
Results:
Prevented spoilage losses
Data for FDA/USDA/FSMA compliance
Expanding to multiple sites
Cold Chain
Use Case:
Inventory Visibility
Challenge: 85% inventory accuracy. Missed items in transit.
Energous Solution: 1,500+ locations deployed. Continuous tracking.
Results:
Up to 99% inventory accuracy
Operational efficiency improvements
Expanding to ~4,700 U.S. locations
Fortune 10 Retailer
Use Case:
Inventory Visibility
Challenge: Lost assets, asset diversion
Energous Solution: End-to-end warehouse-to-customer real-time tracking.
Results:
Up to 99% asset visibility
Zero battery maintenance
3,100+ PowerBridge Pros shipped to U.S. sites
14+ international installations completed with
35+ facilities targeted for 2026
Fortune 10 E-commerce Company
Market infrastructure, regulatory momentum, and AI demand converge at this inflection point
1. Strategic Pivot Complete
Evolved from an OEM-dependent consumer product model to enterprise solutions with a fully integrated end-to-end Ambient IoT platform (power + sensors + cloud).
2. Regulatory Push Accelerating
UK/EU/FCC 2W/8W EIRP approval (only company). EU 2023/1542 Battery Regulation mandates sustainable alternatives. Multi-year regulatory lead over competitors.
3. AI = Ambient IoT Synergy
AI-driven enterprises require continuous data; ambient IoT enables it. Real-time sensors enable predictive logistics, inventory automation, cold chain optimization.
4. Qualified AWS Partner
AWS ISV Accelerate qualification, Marketplace presence, and APN listing expand enterprise access and accelerate go-to-market execution. With 50+ posted deal launches and active co-selling, AWS is becoming a meaningful source of pipeline and commercial opportunities.
5. Balance Sheet Strength
Financially well-positioned to scale with strengthened capital structure.
Deployments expanding, ecosystem accelerating, profitability approaching
1
Current Deployments Expand
Fortune 10 Customers: First phase deployments underway
1 QSR + 3 National grocers: Potential deployments to 14,000+ locations
Active PoCs converting to full deployment
2
AWS Partnership Scales
ISV Accelerate qualification expands enterprise access
AWS channel generating pipeline and commercial opportunities
50+ deal launches and active co-sell/direct sales pipeline
3
Partner Ecosystem Expands
Increased number of system integrators for large deployments
Increased partner-sourced pipeline and deal flow
4
Demonstrating Operational Efficiency
Five consecutive quarters of revenue growth through Q1 2026
Gross margins improving (36% - Q1 2026)
U.S.-based manufacturing launched in Q1 2026
Path to profitability & free cash flow
Our flexible platform makes it easy to scale deployments across different customer environments, while growing partnerships
and improving financial performance support broader expansion.
Revenue
$3.1M
799°/« increase from Q1 2025
Gross Profit
$1.1M
1,077% Improvement from Q1 2025
GAAP Net Loss
$(1.7)M
51°1 improvement from Q1 2025
Cash Position
$37M
As of March 31, 2026
Commercial Scale-Up Operational Efficiency vs Q1 2025
Revenue $3.1M vs $0.3M
GAAP Operating $2.9M vs $3.7M
Expenses
+799%
21°/» Improvement
P*RTWER
2 2,000+
Fortune 10 Active
deployments locations
14+
International installations oomplete
39,000+ 50+
PowerBrldges Deals through AWS shipped paMer pipeline as
of April 30, 2026
GAAP Net
Loss
Revenue Growth Streak
$(1.7)M vs $(3.4)M
Revenue up from Q4 2025
51°/» Improvement
Sth consecutive quarter of growth
Commercial & Ecosystem Highlights Quality & Liquidity
Active PoC pipeline across First end-to-end
QSR, grocery, manufacturing, Ambient IoT solution and government at enterprise scale
Added U S.-based manufacturing capacity in Q1 2026, strengthening supply chain resilience
Zero product returns since start
of commercial production in 2024
No planned use of the ATM in the next 12 months
Zero commercial debt
Energous Corporation
Investor Relations
ir.energous.com
NASDAQ: WATT
Copyright 2026 Energous Corporation. Energous®, the Energous logo, and WattUp® are trademarks of Energous Corporation. All other trademarks are property of their respective owners.
Disclaimer
Energous Corporation published this content on May 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2026 at 20:56 UTC.