Shares of Long-Range Wireless Charging Company Energous Nearly Double Today on Years-Old Rumors of Apple Partnership

Shares of Energous, a company developing long-range RF-based charging technology under the name "WattUp," nearly doubled today, apparently driven by a Bloomberg report this morning indicating that Apple has been working on a MagSafe battery pack for its iPhone 12 lineup. The story was kicked off earlier this week when MacRumors contributor Steve Moser discovered a non-specific reference to an ‌iPhone‌ "battery pack" in the latest beta of iOS 14.5.

energous stock 19feb2021
According to a report this morning from CNA Finance, investors are betting on new rumors that Energous and Apple are working together on wireless charging, based on a "previously overlooked SEC filing." The report has been picked up by several financial news outlets, including The Street and Seeking Alpha.

energous wattup in home
Setting aside the fact that Apple's inductive MagSafe wireless charging relies on different technology than the RF system being developed by Energous, there's another issue with today's rumor, and that's that the apparent filings in question which mention "Apple compliance testing" for WattUp technology were filed back in 2013 and 2014 and were widely covered in the media in 2016. The last time an Energous filing with the SEC mentioned Apple was in December 2014.

There was a flurry of interest in Energous back in 2016 and 2017 amid rumors of an Apple partnership, but that speculation quickly died down and things have been essentially silent for several years now. Energous has continued to develop its long-range charging technology, working with Dialog Semiconductor on transmitter and receiver hardware but so far deploying it only in a few niche applications such as equine health monitoring.

Popular Stories

iPhone SE 4 Vertical Camera Feature

iPhone SE 4 Rumored to Use Same Rear Chassis as iPhone 16

Friday July 19, 2024 7:16 am PDT by
Apple will adopt the same rear chassis manufacturing process for the iPhone SE 4 that it is using for the upcoming standard iPhone 16, claims a new rumor coming out of China. According to the Weibo-based leaker "Fixed Focus Digital," the backplate manufacturing process for the iPhone SE 4 is "exactly the same" as the standard model in Apple's upcoming iPhone 16 lineup, which is expected to...
iPhone 16 Pro Sizes Feature

iPhone 16 Series Is Just Two Months Away: Everything We Know

Monday July 15, 2024 4:44 am PDT by
Apple typically releases its new iPhone series around mid-September, which means we are about two months out from the launch of the iPhone 16. Like the iPhone 15 series, this year's lineup is expected to stick with four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max – although there are plenty of design differences and new features to take into account. To bring ...
iphone 14 lineup

Cellebrite Unable to Unlock iPhones on iOS 17.4 or Later, Leak Reveals

Thursday July 18, 2024 4:18 am PDT by
Israel-based mobile forensics company Cellebrite is unable to unlock iPhones running iOS 17.4 or later, according to leaked documents verified by 404 Media. The documents provide a rare glimpse into the capabilities of the company's mobile forensics tools and highlight the ongoing security improvements in Apple's latest devices. The leaked "Cellebrite iOS Support Matrix" obtained by 404 Media...
tinypod apple watch

TinyPod Turns Your Apple Watch Into an iPod

Wednesday July 17, 2024 3:18 pm PDT by
If you have an old Apple Watch and you're not sure what to do with it, a new product called TinyPod might be the answer. Priced at $79, the TinyPod is a silicone case with a built-in scroll wheel that houses the Apple Watch chassis. When an Apple Watch is placed inside the TinyPod, the click wheel on the case is able to be used to scroll through the Apple Watch interface. The feature works...
bsod

Crowdstrike Says Global IT Outage Impacting Windows PCs, But Mac and Linux Hosts Not Affected

Friday July 19, 2024 3:12 am PDT by
A widespread system failure is currently affecting numerous Windows devices globally, causing critical boot failures across various industries, including banks, rail networks, airlines, retailers, broadcasters, healthcare, and many more sectors. The issue, manifesting as a Blue Screen of Death (BSOD), is preventing computers from starting up properly and forcing them into continuous recovery...
New MacBook Pros Launching Tomorrow With These 4 New Features 2

M5 MacBook Models to Use New Compact Camera Module in 2025

Wednesday July 17, 2024 2:58 am PDT by
Apple in 2025 will take on a new compact camera module (CCM) supplier for future MacBook models powered by its next-generation M5 chip, according to Apple analyst Ming-Chi Kuo. Writing in his latest investor note on unny-opticals-2025-business-momentum-to-benefit-509819818c2a">Medium, Kuo said Apple will turn to Sunny Optical for the CCM in its M5 MacBooks. The Chinese optical lens company...

Top Rated Comments

Michael Scrip Avatar
45 months ago
STONKS!

:P
Score: 12 Votes (Like | Disagree)
farewelwilliams Avatar
45 months ago
no one tell WSB
Score: 11 Votes (Like | Disagree)
kycophpd Avatar
45 months ago
To the moon!!!!!!!

sorry we were 4 posts in without someone saying it.
Score: 10 Votes (Like | Disagree)
luvbug Avatar
45 months ago

This market is disconnected from reality.
This society is disconnected from reality. The stock market is just a symptom. JMO. :)
Score: 9 Votes (Like | Disagree)
_Spinn_ Avatar
45 months ago
??

???

Am I doing it right? ?
Score: 7 Votes (Like | Disagree)
calderone Avatar
45 months ago
This market is disconnected from reality.
Score: 7 Votes (Like | Disagree)