WiSA Association Announces First Licensee Of WiSA E Software; Stock Up In Pre-market

(RTTNews) - Shares of WiSA Technologies, Inc. (WISA), a manufacturer of audio wireless technology for smart devices, are surging around 110 percent in pre-market activity on Nasdaq over the news that its subsidiary WiSA Association has a licensee for its WiSA E software.

As per the company, its first licensee is a global brand with over 10 million HDTVs sold annually, and with this license will now be able to provide its consumers with a range of wireless immersive audio options.

The license is for five years and it allows the licensee to implement WiSA E wireless immersive audio transmitter technology in any or all the member's HDTV platforms.

WiSA E is offering High-quality multichannel audio transport over standard Wi-Fi, Universal control across all audio platforms with WiSA Connect, and many more features to their licensees.

In premarket activity, WiSA Technologies shares are trading at $0.300, up 110% on the Nasdaq.