Yes, the 3-in-1 Foldable Qi2 Wireless Charging Stand fast charges at 5W with Apple Watch Series 7, Series 8, Series 9, Apple Watch Ultra, and Apple Watch Ultra 2.

• Fast charging at 5W: Apple Watch Series 7, Series 8, Series 9, Ultra, and Ultra 2
• Other compatible Apple Watch models charge at a normal rate.

To charge, fold down the Apple Watch module and place your Apple Watch on it. For the full list of compatible Apple Watch models, see the Device Compatibility article.