Summit Wireless Technologies (WISA) Stock Gains On New Certified Member

Summit Wireless Technologies WISA Stock News

Summit Wireless Technologies Inc (NASDAQ: WISA) has set the stage for a strong day in the market this morning. The company announced that the Wireless Speaker and Audio Association, or WiSA, has added a new member. Here’s what’s going on:

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WISA Stock Gains On New Member

In the press release, Summit Wireless Technologies announced that Buchardt Audio has joined the WiSA Association. Moreover, WiSA has certified the Buchardt Audio A500 and A700 active loudspeakers.

In the release, the company said that both the A500 monitor and A700 tower include quad core DSP processing, dual DAC chip systems, pure digital signal paths, and low level enhancement. The products are available in walnut, white and black finishes.

Moreover, in the A500 drivers are powered by three 150 watt amplifiers in a 3-way sealed enclosure. The A700 includes four 150 watt amplifiers and uses a 3.5-way sealed enclosure.

To celebrate the WiSA Certification, Buchardt Audio has launched a promotion, giving consumers a way to save considerably with the following pre-order pricing:

  • A700 Walnut for €5,700/pr (regularly €6,200/pr)
  • A700 White or Black for €5,500/pr (regularly €6,000/pr)
  • A700 Walnut bundle with Transmitter for €5,950/pr (regularly €6,900/pr)
  • A700 White or Black bundle with Transmitter for €5,750/pr (regularly €6,700/pr)
  • A500 Walnut bundle with Transmitter for €3,900/pr (regularly €4,350/pr)
  • A500 White or Black bundle with Transmitter for €3,750/pr (regularly €4,200/pr)

In a statement, Tony Ostrom, President at WiSA, had the following to offer:

We are thrilled to have these absolutely beautiful Buchardt Audio speakers in the WiSA wireless audio family. Buchardt has done an amazing job of extending their speaker assortment into the wireless arena and offering a perfect combination of simplicity, stunning esthetic and high-end performance.

The above statement was followed up by Mads Buchardt, Founder and CEO at Buchardt Audio. Here’s what he had to say:

We are very happy to be a part of the WiSA Association and the wireless audio movement. The A500 and A700 are natural progressions from our award winning S300 and S400 passive speakers and taking them into the powered and wireless realm gives us more ability to create complete solutions that deliver incredible performances without complicated installations and additional components.

This News Is Big

Summit Wireless Technologies and its WiSA association are really starting to pick up steam. This reminds me of when bluray started to hit the scene. Ultimately, it changed the way consumers viewed home entertainment.

On the WiSA side of the coin, the change is happening to audio rather than visuals, but it’s much of the same. Recently, the company announced that LG extended its partnership. Not to mention, the long list of household names included in the WiSA association.

As the association continues to grow, WISA stock is becoming harder and harder to ignore!

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