An Update on WiTricity, the Wireless Power Company
An update... they've got offices now in Watertown. They're hiring RF engineers. Right now, the company consists of "10 PhDs and me," according to CEO Eric Giler. ( Giler had previously been CEO of Groove Mobile and Brooktrout Technology.) Marin Soljacic, one of the original MIT researchers, remains involved. They got $4 million in Series A funding in the second quarter of this year, from Argonaut Private Equity and Stata Venture Partners.
Giler says they're building a "real world" prototype (IE, something that will work more reliably than the initial lab prototype), and they're beginning to talk to potential customers.
This is a potentially big company...keep an eye on them...
Labels: Argonaut Private Equity, Eric Giler, Marin Soljacic, MIT, Stata Venture Partners, wireless power, WiTricity
1 Comments:
Wow, this is great. Yea, I agree they are going to be a big company.
We at PowerBeam also transfer wireless power. However, our approach is to use optical energy which gives us a great advantage in distance - we have transferred wireless power over 8 meters.
I suspect the wireless power industry is going to have two big winners, WiTricity and PowerBeam. They have the omni-directional technology and we have the directional.
Let's see how this industry plays out. It is going to make for a great case study in the end.
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