Energous Corp (NASDAQ: WATT) is making a run for the top in the market this morning, and for good reason. The company announced that it has received United States Federal Communications Commission (FCC) authorization for wireless charging technology. Here’s what’s happening:
WATT Stock Gains On FCC Authorization
In the press release, Energous said that it has received FCC Part 15 grant of equipment authorization for wireless power transfer at any distance. This is overwhelmingly important for its WatUp product, a revolutionary wireless charging 2.0 technology.
This article originally appeared at CNA Finance.