Energous Receives Multiple Orders From Multinational Retailer For Grocery Distribution 2W PowerBridge Transmitter Systems
Portfolio Pulse from Benzinga Newsdesk
Energous Corporation (NASDAQ:WATT) has received multiple orders from a Fortune 10 multinational retailer for its 2W PowerBridge transmitter systems. This follows a successful proof of concept project and marks the beginning of a nationwide infrastructure optimization project, starting with upgrades in a grocery distribution center and 170 grocery stores.
July 23, 2024 | 12:34 pm
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Energous Corporation has secured significant orders from a Fortune 10 retailer for its 2W PowerBridge transmitter systems, following a successful proof of concept. This marks the start of a nationwide infrastructure upgrade, beginning with a grocery distribution center and 170 stores.
The orders from a Fortune 10 retailer indicate strong demand and validation for Energous' technology, likely boosting investor confidence and driving short-term stock price appreciation. The scale of the project suggests significant revenue potential.
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