very feasible but creating a proitable supply chain would be much more difficult. Energous’s competitors attempt to solve this max production issue. Instead of focusing on household usage or more niche markets like hearables (Energous’s market plan), competitors such as Chargii, Witricity, and UBeam focus on markets with bigger buying power. hese companies focus on companies and the government to buy their products, so they can produce exactly how much is needed and will not have to worry about adjusting price to it mass market demands. Energous will continue to struggle with production cost. Despite Energous not pushing out any products within years, they still have multiple certiications. With the industry’s irst-ever certiication for far-ield charging approved by the FCC, many thought a product would soon be on the horizon. But ater countless delays of revenue production and lack of a product, Energous shrank down to its current stagnant state.
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ltimately, Energous was a great idea to provide a potential future for wireless charging when it was young. But like many Silicon Valley companies, Energous did not reach their true potential. Energous pushed out countless delays and lacked revenue before falling out of many investors’ minds. It is still uncertain what technological advances they already made, but if they can still be the irst one to push out a far-ield charging technology, they perhaps can make a comeback. However, at the state it is at, Energous will still remain on the backburner of those invested into wireless charging.