Energous opens 4.8% higher, issues note on patent challenge

|About: Energous Corp. (WATT)|By:, SA News Editor

Yesterday: United States Patent and Trademark Office reviews Ossia's patent claims against Energous; 2 likely to prevail, 16 not

Energous (NASDAQ:WATT) president and CEO Stephen Rizzone on the development: "Yesterday's decision from the PTAB confirms our steadfast confidence in the strength of our intellectual property and strategy surrounding our WattUp technology. As a licensing and semiconductor company, protecting and securing our patents is an important element of our goal of maintaining a dominant leadership position in the emerging market of wire-free power. We will continue to vigorously defend our intellectual property as we innovate and develop breakthrough wire-free charging technologies."

The company has overall filed 250+ patent applications to date.