Energous Names Giampaolo Marino Vice President of Business

SAN JOSE, Calif.–(Business enterprise WIRE)–Energous Company (Nasdaq: WATT), a primary developer of RF-based mostly charging for wi-fi electric power networks, today announced that it has named Giampaolo Marino vice president of business progress and advertising and marketing.

Marino is an achieved technology chief with more than 20 decades of knowledge in hardware and application advancement. He joins Energous from Analog Products Included (ADI), a international leader in knowledge conversion, signal processing and energy management technologies. At ADI, Marino led world-wide strategic promoting and technique applications teams, with a target on setting up system answers for shopper and IoT applications. Prior to ADI, Giampaolo worked at NXP Semiconductors, exactly where he served as common manager and head of product or service line, audio and voice resolution items. In this job he managed a international workforce dependable for R&D, advertising and marketing and applications, organization development, procedure architecture and item definition. Prior to NXP Semiconductors, Marino held senior product or service-related positions with Monolithic Electric power Methods, Texas Devices and Intersil.

“Giampaolo has shown good results generating company methods and strategic partnerships to drive development and scale for main international technology companies,” mentioned Cesar Johnston, CEO of Energous. “We’re excited to insert his knowledge to the Energous crew as we proceed to extend and deploy our world wide IoT wi-fi energy network technologies.”

Marino joins Energous as the business appears to capitalize on the industry’s quick expansion of IoT unit deployments, which IDC analysts count on to arrive at somewhere around $40 billion by 2025, up from $12 billion in 2021. IoT units, however, too usually depend on batteries that demand replacement or charging cables, presenting IT teams with logistical challenges in huge-scale industrial or retail IoT deployments. Energous’ WattUp wi-fi ability transfer know-how appears to be to clear up these difficulties by delivering trusted and constant RF-primarily based wireless electricity to several devices concurrently at-a-distance to assistance the large degrees of electrical power needed by the growing IoT ecosystem.

“This is a large time to be part of Energous, as the electrical power needs of IoT gadgets boost alongside their deployments,” stated Marino. “Without reliable and trusted power, their likely is appreciably constrained. Energous has an unbelievable chance to continue on foremost the development and deployment of wireless energy networks and I’m enthusiastic to be a part of the crew on this mission.”

Marino holds a Master of Small business Administration in corporate entrepreneurship, marketing and common management from the Franklin W. Olin University of Business at Babson University. He also holds a Bachelor of Science in electrical engineering from San Jose State College.

For extra info about Energous WattUp wi-fi charging know-how, go to www.energous.com.

About Energous Corporation

Energous Company (Nasdaq: WATT) is the Wireless Electric power Community world leader. Its award-successful WattUp® alternative is the only know-how that supports both of those speak to and distance charging through a entirely suitable ecosystem. Developed atop rapidly, productive, and really scalable RF-primarily based charging technologies, WattUp is positioned to offer you advancements over more mature, very first-generation coil-based charging technologies in energy, efficiency, overseas system detection, flexibility of motion and in general cost for industrial and retail IoT, smart houses, smart cities and medical devices. Energous develops silicon-primarily based wi-fi ability transfer (WPT) technologies and customizable reference layouts, and provides all over the world regulatory assistance, a dependable supply chain, excellent assurance, and sales and technical guidance to global buyers. The enterprise gained the world’s initially FCC Section 18 certification for at-a-length wireless charging and has been awarded in excess of 200 patents for its WattUp wi-fi charging technological innovation to-day.

Safe and sound Harbor Statement

This push launch is made up of “forward-hunting statements” within the that means of the Securities Act of 1933, as amended, the Securities Trade Act of 1934, as amended, and the harmless-harbor provisions of the Personal Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this push release are ahead-hunting statements. Forward-on the lookout statements may perhaps describe our future designs and expectations and are based mostly on the latest beliefs, expectations and assumptions of Energous. These statements frequently use conditions these as “believe,” “expect,” “may,” “will,” “should,” “could,” “seek,” “intend,” “plan,” “estimate,” “anticipate” or other similar conditions. Examples of our forward-looking statements in this release incorporate, but are not limited to, our statements about the foreseeable future of the global wi-fi charging market, statements about our technological innovation and its predicted operation and statements with regard to predicted business progress. Factors that could induce precise benefits to differ from present-day expectations consist of: unsure timing of any required regulatory approvals timing of client item growth and current market achievement of buyer goods our dependence on distribution partners and powerful field competitiveness. We urge you to take into account these factors, collectively with the other hazards and uncertainties explained in our most current yearly report on Variety 10-K as filed with the Securities and Exchange Fee (SEC), any subsequently submitted quarterly reviews on Form 10-Q, as very well as any other documents that may well have been subsequently filed by Energous, from time to time, with the SEC, in assessing our forward-searching statements. In addition, any forward-seeking statements represent Energous’ views only as of the day of this release and should really not be relied upon as representing its sights as of any subsequent date. Energous does not think any obligation to update any forward-seeking statements except essential by regulation.