Roth Capital analyst William Gibson notes that Energous's (WATT) Tier One strategic partner has progressed from technology development to actual product engineering, and a minimal number of products are likely to be commercially available this Christmas. To date, three customers have announced WattUp-enabled commercial products, including SK Telesis Delight, Gokhale Method and Qubercomm Technologies, he notes, adding that a reference design transmitter is also available from Integrated Device (IDTI). Although Gibson does not anticipate large unit sales from initial early adopters, these companies pave the way for faster regulatory approval for future products. He expects the small form factor markets to be significant revenue contributors in 2019. The analyst reiterates a Buy rating and $24.50 price target on Energous shares