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Stock impact report

Dialog Semiconductor Invests Additional $15 Million in Energous Corporation

Energous Corporation (WATT) 
Last energous corporation earnings: 11/7 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.energous.com
Company Research Source: Marketwire
SAN JOSE, CA -- (Marketwired) -- 06/28/17 -- Energous Corporation (NASDAQ: WATT), the developer of WattUp®, a revolutionary wire-free charging technology that provides over-the-air power, today announced that Dialog Semiconductor plc (XETRA: DLG) is investing an additional $15 million in Energous and will continue as the exclusive component supplier of WattUp technology. Energous will continue to have access to Dialog's broad sales and distribution channels to help advance its go-to-market strategy. This $15 million investment from Dialog adds to its initial investment of $10 million at the beginning of the partnership in November 2016. The partnership combines Energous' uncoupled wireless charging technology and Dialog's power saving technologies. Energous' WattUp technology uses Dialog's SmartBond™ Bluetooth® low energy solution as the out-of-band communications channel between the wireless transmitter and receiver. Dialog's power management technology is then u Show less Read more
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