March 29, 2023

AndronETalksNews

AndronETalksNews

Silicon Valley startup beaming electricity wirelessly raises $30 million

Reuters

By Jane Lanhee Lee

December 2, 2022

REDWOOD CITY, Calif., Dec 2 (Reuters) – Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a funding round that will help it commercialize its products.

While big-dish antennas with high-power sources have been used to demonstrate similar technology in the past, Chris Davlantes, Reach founder and CEO said the recent development of high-power antennas that can precisely focus beams of energy, and software improvements for control have made it possible to create effective wireless power transmission systems.

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