Energous Corporation is a development-stage company. The Company is developing technology that can enable wireless charging or powering of electronic devices at distance. The Company intends to develop a receiver chip that it can integrate into additional test devices. The Company is also developing management and control of its solution through a software application that will reside on the device being charged. The wireless charging solution, it is developing employs three dimensional (3D) pocketforming. The solution has two main hardware components: a transmitter, which creates the radio frequencies (RF) pocket and one or many receivers connected to electronic devices, which receive the power from the RF pocket.