Summit Wireless Technologies Inc (NASDAQ: WISA) is making a run for the top in the market this morning, and for good reason. The company announced that the lineup of WiSA Certified products is growing. Here’s what’s going on:
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WISA Stock Is Flying On Growing Network Of Certified Products
In the press release issued this morning, Summit Wireless Technologies said that it has certified the WM line of powered, wireless loudspeakers from Axiim. Each WM Series speaker features wireless connectivity to all WiSA Certified transmitters including Axiim’s own LINK and Q UHD.
Importantly, to celebrate the WiSA certification, Axiim is offering 40% off wireless bundles for the next two weeks, creating a great Father’s Day gift idea for those who are looking to get Dad a new wireless sound system.
The bundles includ either the Axiim Q UHD, designed to connect multiple HDMI AVR for all Smart TVs or Axiim Q LINK for all WiSA Ready TVs and Xbox One gaming system. Normally, pricing for these wireless sound bundles ranges from $1,299 to $4,599. However, over the next two weeks these prices have been slashed to range from $779 to $2759.
In a statement, Tony Ostrom, President of WiSA, had the following to offer:
The Axiim WM series is beautifully designed both esthetically and sonically. Axiim has delivered a great assortment of powerful speaker solutions that allow for multiple system configurations that perfectly compliment their amazing LINK and Q UHD WiSA Certified transmitters.
The above statement was followed up by James Hammer, CEO at Axiim. Here’s what he had to offer:
We are excited to see the growth in the wireless home audio category driven by the WiSA Association. Our WM speakers reflect our passion for great sound and our commitment to continue to deliver amazing audio solutions that break down barriers of complexity that so often prevent the enjoyment of great audio.
In recognition of this exciting milestone. we are offering a two week promotion of a 40% discount on all Axiim audio system bundles with both the Q UHD Transmitter and the LINK Transmitter designed for WiSA Ready products like Xbox and LG OLED and Nanocell TVs on Axiim.com.
This News Is Huge
The news issued by Summit Wireless Technologies was overwhelmingly positive for the company and its investors. Axiim makes some of the highest quality, yet affordable, speakers on the market today. With the WM series now being WiSA Certified, and being sold at discount rates to celebrate the certification, the network of products joining the frey is impressive.
In my view, WiSA technology is a cornerstone in home audio. With this technology, wireless sound can be accomplished with virtually no latency. In the home audio industry, this is a pivotal technology, much like Bluray in the video industry.
The technology allows consumers a simple way to set up high quality sound systems, without having to worry about wires, holes in walls, and more. As more and more high-quality speaker developers continue to join the WiSA community, the stock is only becoming more and more attractive.
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