Energous Corp

Energous Corporation announced its inclusion in the Russell 3000 and Russell 2000 Indexes, effective June 29, 2026. This inclusion is considered a significant milestone, reflecting the company's commercial and financial transformation. Management believes it will enhance visibility among institutional investors, as Russell indexes are widely used benchmarks for approximately $12.2 trillion in assets.

Energous Corporation held its 2026 Annual Meeting, where stockholders approved an amendment to the 2024 Equity Incentive Plan, increasing authorized shares by 300,000. Additionally, four directors David Roberson, Mallorie Burak, J. Michael Dodson, and Rahul Patel were elected to the Board. Stockholders also ratified the appointment of BPM LLP as the independent registered public accounting firm for 2026.

Energous Corporation reported a significant increase in revenue for the first quarter of 2026, reaching $3.08 million, up from $0.34 million in the prior year. The company also narrowed its net loss to $1.66 million, a substantial improvement from a $3.37 million loss in Q1 2025. This financial performance was supported by a successful at-the-market (ATM) offering, which generated $31.87 million in net proceeds, significantly boosting cash and cash equivalents to $36.61 million and strengthening stockholders' equity.

Energous Corporation reported Q1 2026 revenue of $3.1 million, marking its fifth consecutive quarter of revenue growth and a 799% improvement year-over-year. The company achieved a gross profit of $1.1 million with a 36% gross margin, and significantly reduced its GAAP net loss by 51% to $1.7 million. Energous is scaling its Fortune 10 customer programs, expanding its proof-of-concept pipeline, and has completed two Fortune 10 commercial deployments, including international expansion. The company also raised $31.9 million through its ATM program and expects to meet liquidity requirements without further ATM use in the next 12 months.

Energous Corporation announced its participation in a fireside chat at the Planet MicroCap Las Vegas 2026 conference. The event is scheduled for Wednesday, June 17, 2026, at 12:30 PM Pacific Time, at the Bellagio Resort & Hotel in Las Vegas. CEO and CFO Mallorie Burak, along with Chief Strategy and Growth Officer Giampaolo Marino, will represent the company. Investors will also have the opportunity to book one-on-one meetings with Energous representatives.

Energous Corporation announced its 2026 Annual Meeting of Stockholders will be held virtually on Thursday, June 11, 2026, at 9:00 a.m. Pacific Time. Stockholders of record as of April 16, 2026, are entitled to vote on three key proposals. These proposals include the election of four directors, the ratification of BPM LLP as the independent auditor for 2026, and the approval of the Amended and Restated 2024 Equity Incentive Plan.

Energous Corporation announced it will release its first quarter 2026 financial results and host an investor conference call on Wednesday, May 13, 2026, at 4:30 p.m. Eastern Time. CEO Mallorie Burak highlighted the company's commitment to transparency and noted continued business momentum, including expanding Fortune 10 commercial deployments and a growing proof-of-concept pipeline.

Energous Corporation announced continued commercial momentum, including expanding deployments with its two Fortune 10 customers and a growing proof-of-concept pipeline across various industries and geographies. The company highlighted its wireless power network technology's performance in challenging environments and the engagement of a second U.S.-based contract manufacturer to support growing demand. Energous also plans to restart quarterly investor conference calls beginning with its first-quarter results in May.