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.

Top Rated Comments

Michael Scrip Avatar
12 months ago
STONKS!

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

sorry we were 4 posts in without someone saying it.
Score: 10 Votes (Like | Disagree)
luvbug Avatar
12 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
12 months ago
??

???

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

Related Stories

Screen Shot 2021 03 29 at 3

Xiaomi Unveils Apple AirPower-Like $90 Wireless Charging Pad Capable of Charging Three Devices Simultaneously

Monday March 29, 2021 5:50 am PDT by
At its product launch event today, Xiaomi announced a wireless charging pad that's capable of charging three devices, each up to 20W simultaneously, for a total of 60W across the pad. Xiaomi says the charging pad includes 19 wireless charging coils, enabling devices to be charged anywhere they're placed on the pad. Typical wireless chargers require precise and nimble placement of devices for ...
magsafe duo perspective feature

Deals: Save on Apple's MagSafe Charger and MagSafe Duo Charger Accessories

Tuesday May 25, 2021 7:30 am PDT by
Today we're tracking a pair of deals on Apple's two MagSafe accessories, the MagSafe Charger and MagSafe Duo Charger. These sales can both be found on Amazon, and both are in stock and ready to ship out today. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running....
iP12 charge airpods feature 2

Bloomberg: iPhone Reverse Charging for Apple Watch and AirPods 'Unlikely in the Near Future'

Friday February 19, 2021 4:26 am PST by
Apple is unlikely to allow devices like Apple Watch, AirPods, and iPhone to wirelessly charge each other "in the near future," according to Bloomberg's Mark Gurman. In a report outlining the development of MagSafe battery accessories for the iPhone 12 lineup, Bloomberg says that Apple has "internally discussed a goal of letting many of its mobile devices like Apple Watches, AirPods, and...
macbook air purple

MagSafe Finally Returning to MacBook Air

Monday April 12, 2021 3:20 am PDT by
Apple's MagSafe charging connector is expected to make a long-awaited return to the MacBook Air in the near future, according to reliable reports. A January report from Bloomberg's Mark Gurman claims that Apple's next-generation MacBook Air will feature the return of MagSafe charging. MagSafe‌ first debuted in January 2006 when Apple launched the first-ever MacBook Pro and was present on...
magsafethumb

Deals: Apple's MagSafe Charger Hits New Low Price at $29.85 ($9 Off)

Monday May 10, 2021 6:04 am PDT by
Amazon today has dropped the price of Apple's MagSafe Charger to $29.85, down from $39.00. The previous best sale for the accessory was priced at $34.00 over the past few weeks, so Amazon's new deal is an all-time low price for the MagSafe Charger. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment,...
magsafe charging brick feature

Prosser: iPhone 12 MagSafe Battery Pack to Feature Reverse Charging

Monday March 1, 2021 1:18 pm PST by
Apple is working on MagSafe-compatible battery packs that will be compatible with the iPhone 12 models, and leaker Jon Prosser today said on the Genius Bar podcast that one version of the battery pack will feature "reverse charging." According to Prosser, Apple is working on two versions of the battery packs, one that's a standard version and one that's a premium version with reverse...
MagSafe 2021 MacBook Pro Mockup Feature

Why Is Apple Bringing Back This Old MacBook Pro Feature?

Thursday June 3, 2021 3:05 am PDT by
Apple is expected to bring back the MagSafe connector on this year's redesigned MacBook Pro models to facilitate a number of useful features, including faster charging speeds, according to recent reports. ‌MagSafe‌‌ first debuted in January 2006 when Apple launched the first-ever MacBook Pro. The ‌‌MagSafe‌‌ port featured a rectangular design with five holes, which corresponded to an ...
maxresdefault

Xiaomi Announces 'Mi Air Charge' Remote Wireless Charging Technology

Friday January 29, 2021 9:06 am PST by
Xiaomi has today revealed its "Mi Air Charge Technology," which is able to wirelessly charge devices from across a room with 5W of power. Mi Air Charge Technology offers a "true wireless charging" solution, with no cables or stands. Devices charge remotely with 5W of power, using advanced spatial positioning and beamforming energy transmission. Xiaomi has developed an isolated charging...

Popular Stories

maxresdefault

Review: M1 Max MacBook Pro After Three Months

Wednesday January 19, 2022 11:30 am PST by
It's now been a few months since the M1 Pro and M1 Max MacBook Pro models launched in October, and MacRumors video editor Dan Barbera has been using one of the new machines since they debuted. Over on the MacRumors YouTube channel, Dan has shared a three month review of his MacBook Pro to see how it has held up over time and how it's changed his workflow. Subscribe to the MacRumors YouTube ...
iphone se 2020 top

New iPhone SE Likely to Launch in April Based on Production Timeframe

Wednesday January 19, 2022 6:44 am PST by
Apple suppliers will begin producing display panels for the third-generation iPhone SE this month, with final assembly of the device likely to start in March, according to information shared by display industry consultant Ross Young. Based on this production timeframe, Young believes the third-generation iPhone SE is likely to launch in the second half of April, or perhaps in early May at...
AirPods 3 New Firmware Feature

Apple Updates AirPods 3 Firmware to Version 4C170

Tuesday January 18, 2022 11:46 am PST by
Apple today released a new 4C170 firmware update for the AirPods 3, an update from the prior 4C165 that was made available in December. Apple does not offer details on what's included in new firmware updates for the AirPods‌, so we don't know what improvements or bug fixes the new firmware brings. There is no standard way to upgrade the ‌AirPods‌‌ software, but firmware is...
iPad Air Feature 2 green

New Apple Products Filed in Regulatory Database, Likely Including New iPhone SE and iPad Air

Tuesday January 18, 2022 6:11 am PST by
Apple today filed unreleased iPhone and iPad models in the Eurasian Economic Commission database, as spotted by French blog Consomac. The filings likely represent the rumored third-generation iPhone SE, fifth-generation iPad Air, and potentially more. The unreleased iPhone models have the identifiers A2595, A2783, and A2784, while the unreleased iPad models have the identifiers A2588, A2589, ...
iphone 5g mmwave

U.S. Airlines Warn of 'Catastrophic' Crisis With Impending 5G Rollout, AT&T and Verizon Agree to Delay Around Airports

Tuesday January 18, 2022 10:35 am PST by
Verizon and AT&T's upcoming rollout of new C-Band 5G technology could cause chaos and lead to widespread delays of passenger and cargo flights, major U.S. airlines said on Monday in a letter sent to the White House National Economic Council, the FAA, and the FCC (via Reuters). "Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially...
microsoft office icons

Microsoft Releases Office for Mac Update With Full Apple Silicon Support in Excel

Tuesday January 18, 2022 4:15 am PST by
Microsoft has released a new version of its Office for Mac productivity suite that includes an updated Excel app with 100% native support for Apple silicon machines. According to the release notes accompanying version 16.57, Excel will now run natively on Macs powered by Apple's M1-series processors without having to use the Rosetta 2 translation layer, which means anyone using a Mac with an ...
appleeducation

Apple's US Education Store Now Requires Institution Verification to Buy Discounted Products

Wednesday January 19, 2022 2:22 am PST by
Apple is now requiring that customers in the United States verify that they're active students, teachers, or staff members at an educational institution in order to access education discounts on products. Previously, little verification was needed for customers to purchase products through Apple's education store in the United States. Apple's education stores offer models of the iPad and Mac ...
iPhone 14 Mock pill and hole thumb

ProMotion Now Expected to Remain Exclusive to iPhone 14 Pro Models, Not Expand to Entire Lineup

Sunday January 16, 2022 8:56 am PST by
Continuing the tradition set with the iPhone 13 Pro, only the highest-end iPhone 14 models will feature Apple's ProMotion display technology, according to a respected display analyst. Ross Young, who on multiple occasions has detailed accurate information about Apple's future products, said in a tweet that ProMotion will not be expanded to the entire iPhone 14 lineup and will remain...
Beyond iPhone 13 Better Blue Face ID

Rumored iPhone 14 Pro Feature Delayed Until Next Year

Wednesday January 19, 2022 3:00 am PST by
Apple's long-rumored under-display Face ID technology will not be coming to the iPhone 14 Pro, according to recent reports. Based on the latest rumors, it now looks unlikely that the 6.1-inch iPhone 14 Pro and 6.7-inch iPhone 14 Pro Max will feature Face ID technology under the display as several reports claimed over the past year. Display industry consultant Ross Young, who often reveals ...