October 26, 2016 4:14 PM ET

Household Durables

Company Overview of WiTricity Corporation

Company Overview

WiTricity Corporation designs, develops, manufactures, and commercializes wireless power solutions based on magnetic resonance technology. Its products and solutions are used for mobile device charging, wireless batteries, retail packaging, lighting, EV and HEV wireless charging, in-vehicle mobile device charging, wireless charging for robotics and underwater vehicles, direct powering of sensors, through-the-skin charging for implantable devices, wireless charging for hearing aids, wireless recharging of warfighter battery packs, wireless charging for IED robots, in-seat charging, and more. The company also licenses and transfers its wireless power transfer technology that allows OEMs to des...

57 Water Street

Watertown, MA 02472

United States

Founded in 2007





Key Executives for WiTricity Corporation

Chief Executive Officer and Director
Age: 53
Co-Founder and Director
Co-Founder and Staff Scientist
Co-Founder and Staff Scientist
Co-Founder and Member of Scientific Advisory Board
Compensation as of Fiscal Year 2016.

WiTricity Corporation Key Developments

WiTricity and Prodrive Technologies to Develop 11 kW EV Wireless Charging System for European Carmaker’s 2019 Planned Introduction

WiTricity announced they are collaborating with Prodrive Technologies to design a high-performance 11kW wireless charging system. The two companies were selected to design the system by a leading European carmaker that plans to release its first wirelessly-charged vehicles in 2019. WiTricity will provide its foundational magnetic resonance intellectual property, complete reference designs and consulting services to the project. Based on the WiTricity designs, Prodrive will develop and industrialize an automotive mass market system and implement the automaker’s specific requirements. By incorporating WiTricity technology, the resulting Prodrive system will be capable of charge rates up to 11kW at high efficiency, comparable to the efficiency of present wired charging systems.

Witricity Hires Mayur Mehta as Vice President of Semiconductor Products and Kristina O’Connell as Vice President of Marketing

WiTricity announced two key management hires: Mayur Mehta, vice president of semiconductor products, and Kristina O’Connell, vice president of marketing. Both hires are effective immediately. Mehta will be working out of the company's Austin Development Center and is charged with leading development of WiTricity's semiconductor solutions. O’Connell is based at the organization's Watertown headquarters and is responsible for increasing WiTricity's brand awareness and recognition, especially as it relates to the semiconductor market and the numerous applications for wireless power.

WiTricity Signs Licensing Agreement with Delphi for Wireless Charging of Smartphones in Vehicles

Expanding on Delphi’s existing license of WiTricity’s efficient high-power technology for wireless charging of electric vehicles (EVs), WiTricity announced a technology licensing agreement with Delphi Automotive Systems, LLC. Under terms of the agreement, Delphi will license WiTricity’s intellectual property (IP) for magnetic resonance technology to commercialize efficient, high-performance wireless charging systems for in-vehicle charging of mobile consumer devices that will comply with the resonant wireless charging specification developed by the AirFuel Alliance. Magnetic resonance technology from WiTricity offers a host of unique benefits over existing wireless charging solutions, including simultaneous wireless charging of multiple devices with differing power requirements and “spatial freedom” that eliminates the hassle of precise alignment and adds additional reach in three dimensions. Since joining the AirFuel™ Alliance (formerly the Alliance for Wireless Power) as a board member, WiTricity has helped lead the development of the AirFuel resonant specification, and continues to work with the AirFuel™ Alliance to enrich and strengthen the technology for AirFuel-based wireless charging in consumer electronics.

Similar Private Companies By Industry

Company Name Region
'boutKIDS, Inc. United States
2000 Concrete, LLC United States
2849 Coconut, LLC United States
3 Day Blinds LLC United States
3-D ImageTek Corporation United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact WiTricity Corporation, please visit www.witricity.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.