WiTricity

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Technology company

title: "WiTricity" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["american-companies-established-in-2007", "companies-based-in-watertown,-massachusetts", "electric-power-distribution", "energy-development", "technology-companies-based-in-massachusetts", "wireless-energy-transfer"] description: "Technology company" topic_path: "geography/united-states" source: "https://en.wikipedia.org/wiki/WiTricity" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Technology company ::

::data[format=table title="Infobox company"]

FieldValue
nameWiTricity Corporation
logoWiTricity logo color 350.jpg
native_name_lang
typePrivate
industryWireless power transfer
predecessor
successor
founded
founderMarin Soljačić
defunct
hq_location_cityWatertown, Massachusetts
hq_location_countryUnited States
num_locations_year
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key_people{{ubl
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revenue_year
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::

| name = WiTricity Corporation | logo = WiTricity logo color 350.jpg | logo_size = | logo_alt = | logo_caption = | image = | image_size = | image_alt = | image_caption = | trade_name = | native_name = | native_name_lang = | romanized_name = | former_name = | type = Private | traded_as = | ISIN = | industry = Wireless power transfer | genre = | fate = | predecessor = | successor = | founded = | founder = Marin Soljačić | defunct = | hq_location = | hq_location_city = Watertown, Massachusetts | hq_location_country = United States | num_locations = | num_locations_year = | area_served = | key_people = {{ubl| | Joe Benz (CEO) | Morris Kesler (CTO) | products = | production = | production_year = | brands = | services = | revenue = | revenue_year = | operating_income = | income_year = | net_income = | net_income_year = | aum = | assets = | assets_year = | equity = | equity_year = | owner = | members = | members_year = | num_employees = | num_employees_year = | parent = | divisions = | subsid = | module = | ratio = | rating = | website = | footnotes = WiTricity Corporation is an American wireless charging technology company based in Watertown, Massachusetts. The Massachusetts Institute of Technology (MIT) spin-off was founded by professor Marin Soljačić in 2007. WiTricity technology allows wireless power transfer over distance via magnetic resonance and the company licenses technology and reference designs for wireless electrical vehicle (EV) charging as well as consumer products such as laptops, mobile phones and televisions.

History

The company was established by Massachusetts Institute of Technology (MIT) professor Marin Soljačić in 2007. The MIT spin-off is based in Watertown, Massachusetts. In 2014, WiTricity joined the Alliance for Wireless Power (A4WP), which later merged with the Power Matters Alliance to form the AirFuel Alliance. Morris Kesler is chief technology officer (CTO). The company is a member of the Wireless Power Consortium.

In 2017, WiTricity began focusing on charging systems for electric vehicles more than consumer technology products. Audi, Mahle GmbH, and Mitsubishi were among the partnering companies.

In 2018, WiTricity was named a New Energy Pioneer by Bloomberg New Energy Finance. The company acquired the assets and intellectual property rights of Qualcomm Halo and its inductive charging technology in February 2019; the deal included more than 1,000 patents and patent applications, as well as technology designs and licenses, and made Qualcomm a minority owner of WiTricity. The lawsuit resulted in the invalidation of six of the asserted patents, and WiTricity filed a second infringement suit in March 2023.

Funding

Prior to Toyota's investment in 2011, WiTricity had raised approximately $15 million. By April 2013, WiTricity had received approximately $45 million in funding.

In 2020, WiTricity completed a $34 million round led by Stage 1 Ventures with additional participation by Air Waves Wireless Electricity and Mitsubishi subsidiary Mitsubishi Corporation (Americas). The round was extended for an additional $18 million raised in January 2021; Tony Fadell was among the private investors and joined WiTricity's advisory board.

In August 2022, WiTricity completed another round of funding raising $63 million. The round was led by Siemens which invested $25 million and acquired a minority stake in the company earlier in June 2022. Mirae Asset Capital and Japan Energy Fund joined the round along with few other returning investors.

Technology

WiTricity's technology allows wireless power transfer over distance via magnetic resonance. Another coil resonating at the same frequency captures the field's energy and a rectifier delivers direct current (DC) current to a battery management system. WiTricity's EV has charging rates from 3.6 to 11 kW, and the technology scales up to hundreds of kilowatts for heavy duty vehicles such as buses.

Uses

WiTricity has reached licensing deals with Anjie Wireless, Delphi (Aptiv), Intel, Mahle, TDK, Toyota, and solar panel receivers. The company has also shown how the technology can be used to power soldiers' helmets with night-vision goggles wirelessly during Humvee transportation. Dell's 2017 launch of the laptop-tablet Latitude 7285 marked the first commercial consumer product to use the technology.

In 2018, BMW's 530e iPerformance became the first vehicle factory equipped with wireless charging, and Hyundai's Kona also demonstrated use of the technology. In May 2020, China published their national standard for EV wireless charging which incorporated WiTricity's technology, and WiTricity played a key role in establishing SAE International's J2954 standard for wireless power transfer.

In 2022, WiTricity received a $50,000 grant from the Michigan Mobility Funding Platform and the State of Michigan to install a wireless charging station at the Detroit Smart Parking Lab, operated by the American Center for Mobility.

The 2022 Hyundai Genesis GV60 uses wireless charging hardware by WiTricity.

In 2022, WiTricity licensed its technology with Wiferion, which develops wireless charging systems for industrial applications such as automated guided vehicles, cobots, and trucks.

References

References

  1. (April 18, 2013). "All of the Electric Power with None of the Wires: If WiTricity succeeds in developing its technology, the future of electricity could be bright--and wireless.". [[Inc. (magazine).
  2. (February 27, 2018). "The Little Company That's Bringing Wireless Charging To Electric Cars". [[Fast Company]].
  3. (July 11, 2017). "Dell Wirelessly Charging PC Marks WiTricity's First Consumer Device". [[Xconomy]].
  4. (June 4, 2014). "So Long, Charging Cables: Wireless Power Is Coming".
  5. (June 11, 2014). "Intel's cable-free future will use WiTricity's advanced wireless charging". [[Engadget]].
  6. (February 17, 2019). "A Conversation With WiTricity CEO Alex Gruzen — #CleanTechnica Exclusive". [[CleanTechnica]].
  7. (July 21, 2017). "A Future of Gadgets without Power Cords? Not So Fast". [[NPR]].
  8. (March 28, 2018). "Wireless charging explained: What is it and how does it work?". [[Computerworld]].
  9. "Members List". [[Wireless Power Consortium]].
  10. (September 18, 2018). "Future robo-taxis could charge themselves and help balance the electric grid". [[MIT Technology Review]].
  11. (July 25, 2012). "WiTricity Takes Its Car-Charging Technology Out for a Road Test". [[The New York Times]].
  12. (April 12, 2018). "Wireless Charging Seen as a Game Changer for EV Infrastructure". [[PennWell]].
  13. (April 9, 2018). "Ten Winners of The New Energy Pioneers Unveiled at Bloomberg New Energy Finance Summit in New York City". Bloomberg New Energy Finance.
  14. (February 12, 2019). "WiTricity acquires assets of Qualcomm wireless electric vehicle charging group". [[Chicago Tribune]].
  15. "InductEV Successfully Defends Mission-Critical Patents".
  16. (April 27, 2011). "Toyota makes multi-million-dollar investment in WiTricity Corp., developer of wireless car-charging technology". [[Boston.com]].
  17. (February 11, 2019). "WiTricity acquires Qualcomm Halo to accelerate wireless charging for electric vehicles". [[VentureBeat]].
  18. (November 4, 2020). "WiTricity Raises $34 Million To Expand Wireless EV Charging". [[Motorsport Network]].
  19. (March 2, 2021). "VC funding update: Boston startups and tech firms raised $2.3B in February". The Business Journals.
  20. Korosec, Kirsten. (March 1, 2021). "The Station: Lucid Motors, Joby Aviation take the SPAC path and Sergey Brin's airship ambitions". TechCrunch.
  21. Hernbroth, Megan. (August 9, 2022). "EV charging startup WiTricity raises $63M".
  22. (June 9, 2022). "Siemens Acquires Stake in WiTricity to Drive EV Wireless Charging Innovation".
  23. (June 28, 2022). "Volkswagen Sells Siemens Minority Stake in Electrify America".
  24. (March 29, 2019). "Zhejiang VIE to Use WiTricity Wireless Charging in China".
  25. (February 11, 2019). "WiTricity and Qualcomm Partner on Halo Wireless EV Charging".
  26. (June 11, 2014). "Intel plans to team up with WiTricity on wireless charging". Computerworld.
  27. (October 13, 2021). "Power play: Wireless charging at a distance arrives". Computerworld.
  28. (June 2, 2016). "Dell laptops coming soon with WiTricity wireless charging". [[Red Ventures]].
  29. (February 11, 2019). "WiTricity acquires Qualcomm's EV charging unit". [[Automotive News]].
  30. (November 28, 2020). "This new feature is about to make electric cars way easier to use". [[Detroit Free Press]].
  31. (May 11, 2020). "Wireless charging for electric vehicles could soon be a reality". [[Hindustan Times]].
  32. (June 8, 2020). "Researchers work on the next generation of wireless charging for electric vehicles and mobile devices". [[CNBC]].
  33. (November 5, 2020). "SAE Publishes New Wireless Charging Standard".
  34. (18 March 2022). "WiTricity Wins EV Wireless Charging Grant for Detroit Smart Parking Lab".
  35. (March 20, 2022). "State of Michigan announces grants to create a more accessible and electrified mobility future".
  36. (24 August 2021). "2022 Genesis GV60 Could Be The First EV To Have Wireless Inductive Charging".
  37. (25 August 2021). "Genesis GV60 to gain wireless charging capability".
  38. (October 6, 2021). "Genesis GV60 Gets Factory-Installed Wireless Charging Option".
  39. (July 26, 2022). "Wiferion Enters into License Agreement with WiTricity for Industrial Wireless Charging Applications".
  40. (July 26, 2022). "Global license agreement for Wiferion".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

american-companies-established-in-2007companies-based-in-watertown,-massachusettselectric-power-distributionenergy-developmenttechnology-companies-based-in-massachusettswireless-energy-transfer