Wireless Power Transfer / RF-based IoT Infrastructure
Strategic Profile
Energous is implementing its technology with a Fortune 10 multinational retailer for an infrastructure modernization initiative across approximately 4,700 retail locations in the United States. The company achieved 2025 annual revenue of $5.6M (up over 630% vs 2024), demonstrating accelerating commercial traction in a newly emerging market.
Cyborg Score Rationale
Energous shows strong revenue growth momentum (630% YoY in 2025, 184% QoQ in Q2 2025) with improving unit economics and declining losses (35% improvement in Q2 net loss). However, the company remains early-stage with minimal absolute revenue and ongoing cash burn, requiring successful execution of major retail deployments to achieve profitability.
Top Insights
Since commencing deployment in 2024, Energous has shipped over 4,000 PowerBridge Pro units to its Fortune 10 retail partner.
Energous introduced new products including the AI-driven PowerBridge MOD and PowerBridge PRO+ with integrated gateway, while securing four new U.S. patents for wireless power technology.
A multi-billion dollar power company is conducting a proof of concept, with expansion beyond retail into utilities reducing sector dependency.
The company eliminated debt and certain liabilities while raising $23.9M in equity in 2025.
Named Competitors
Wireless Power Consortium (Qi Standard) — Contact-based wireless charging standard for consumer devices
AirFuel Alliance technology — Inductive/resonant wireless charging platform for consumer and industrial
Integrated wireless charging chips — Semiconductor solutions for embedded wireless power
Recent Developments
(January 2026) Energous reports preliminary 2025 full-year results with $5.6M revenue (630% YoY growth) and Q4 revenue of $3.0M
(December 2025) PowerBridge Pro gains European Union approval
(June 2025) Achieved highest quarterly revenue of $1.0M since 2016, with 184% QoQ growth and lowest quarterly net loss in a decade
(April 2025) Fortune 10 retailer expands wireless power deployment from 4,700 locations, growing from perishable goods to dry goods
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