Energous (WATT) Planet MicroCap Las Vegas 2026 summary

Market opportunity and technology overview

• Addressing a $1.85 trillion problem in asset tracking, spoilage, and loss for large enterprises.

• Over 300 patents in wireless power and receiving technologies support a scalable, battery-free IoT solution.

• Real-time visibility and data aggregation via e-Compass platform enable operational savings and efficiency.

• Tags harvest RF energy, operate without batteries, and provide continuous data on asset location and condition.

• Network infrastructure enables data transmission up to 25 feet, supporting scalability and automation.

Competitive differentiation and use cases

• Continuous, automated data flow eliminates manual scanning and maintenance, with up to 99% reliability.

• Battery-free tags allow real-time tracking every five seconds, overcoming battery lifespan limitations.

• Technology excels in cold chain monitoring, operating at -30°C, and is used in large-scale pilots with major retailers.

• Focus on high-value and perishable assets, providing second-by-second tracking across supply chains.

• Tag agnostic platform aggregates data from multiple tag types, including RFID, for comprehensive visibility.

Business model, financials, and growth

• Recurring revenue generated from SaaS platform and hardware deployments, with tags being reusable.

• Gross margins are approximately 35%, with declining OpEx and five consecutive quarters of revenue growth.

• Profitability expected at $6–6.5 million in quarterly revenues; recent $31 million capital raise strengthens balance sheet.

• Strategic initiatives include U.S. manufacturing for government contracts and supply chain resilience.

• Ongoing investment in future growth while maintaining focus on profitability and operational efficiency.