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:
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
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!
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
[vc_row full_width=”stretch_row_content td-stretch-content”][vc_column][tdm_block_hero title_text=”R2V0JTIwRnJlZSUyMEFsZXJ0cw==” title_size=”tdm-title-bg” description=”Sm9pbiUyMG91ciUyMGZyZWUlMjBtYWlsaW5nJTIwbGlzdCUyMHRvJTIwcmVjZWl2ZSUyMHN0b2NrJTIwYWxlcnRzIQ==” button_text=”Join Our Mailing List Here” button_tdicon=”tdc-font-fa tdc-font-fa-chevron-right” button_url=”https://alphastocknews.us4.list-manage.com/subscribe?u=92a9c8ec6acba6727f3eff17d&id=b717e1440e” tds_button=”tds_button3″ button_size=”tdm-btn-lg” button_tdicon-1=”tdc-font-fa tdc-font-fa-search” tds_button-1=”tds_button3″ button_size-1=”tdm-btn-lg” block_width=”1200″ content_align_horizontal=”content-horiz-center” content_align_vertical=”content-vert-center” background=”eyJ0eXBlIjoiZ3JhZGllbnQiLCJjb2xvcjEiOiJyZ2JhKDIyLDExMiwxOTEsMC44NSkiLCJjb2xvcjIiOiJyZ2JhKDAsMCwwLDAuODUpIiwibWl4ZWRDb2xvcnMiOltdLCJjc3MiOiJiYWNrZ3JvdW5kOiAtd2Via2l0LWxpbmVhci1ncmFkaWVudCgwZGVnLHJnYmEoMCwwLDAsMC44NSkscmdiYSgyMiwxMTIsMTkxLDAuODUpKTtiYWNrZ3JvdW5kOiBsaW5lYXItZ3JhZGllbnQoMGRlZyxyZ2JhKDAsMCwwLDAuODUpLHJnYmEoMjIsMTEyLDE5MSwwLjg1KSk7IiwiY3NzUGFyYW1zIjoiMGRlZyxyZ2JhKDAsMCwwLDAuODUpLHJnYmEoMjIsMTEyLDE5MSwwLjg1KSJ9″][/vc_column][/vc_row]
This website/newsletter is owned, operated and edited by CNA Finance, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” or “CNA Finance” refers to CNA Finance, LLC. This webpage/newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. Our business model is to be financially compensated to publish information and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature and are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis for making investment decisions and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website. We do not advise any reader to take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners do not own any shares in stocks mentioned unless stated in page disclosures. If we own any shares we will list the information relevant to the stock and number of shares here. CNA Finance, parent company to Alpha Stock News, receives payment to publish content and promote publicly traded companies. Pursuant to an agreement between CNA Finance and Summit Wireless Technologies, CNA Finance has been hired for a period beginning on 6/1/20 and ending on 6/21/20 to conduct digital advertising and marketing and publicly disseminate information about WISA via Websites and Email. We have an agreement and have been paid two thousand five hundred dollars via bank wire transfer to cover the cost of content production and other services. This compensation is a major conflict of interest in our ability to be unbiased regarding. Therefore, this communication should be viewed as a commercial advertisement only. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated digital outreach efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of digital outreach marketing, which may end as soon as the marketing ceases. Our emails may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct and Summit Wireless Technologies has not approved the content of this site. Furthermore, CNA Finance often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.