PowerbyProxi has developed a cool technology whereby power can be transmitted to products without wires. For example, the technology allows the wireless charging of cellphones or the powering-up of industrial robots.
John Deere USA has taken an equity stake in the company along with committing to purchasing significantly from PowerbyProxi.
It sounds like a technology with almost limitless potential applications and so I’m picking PowerbyProxi as one to watch in the next few years.
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Is this the same people as ‘Contactless Technologies’ that were the runners up in the 2003 SPARK $4ok challenge? (see here - http://www.spark.auckland.ac.nz/index.php?option=com_content&task=view&id=69&Itemid=94)
Sounds like a fantastic idea, one to watch indeed…
Good stuff! Another Gallaghers in the making perhaps?
Let’s hope they maintain their HQ here in New Zealand, unlike a few others I could name.