WATERTOWN, Mass.--(BUSINESS WIRE)--WiTricity, the inventor and patent holder of highly resonant wireless power transfer technology, today announced that it has been selected by The World Economic Forum as one of the most innovative technology start-ups in the world. Recognized for its potential power to transform the future of business and society, WiTricity’s groundbreaking technology will be honored at the Forum’s Annual Meeting of the New Champions 2013 in Dalian, China from September 11-13, 2013.
“The impact of technology continues to increase in all aspects of society”
This award underscores WiTricity’s ability to change the world by enabling technology that can transfer electrical energy over distance in a way that is highly efficient and completely safe for people and animals. As it commercializes its fundamental technology and intellectual property, WiTricity has sparked incredible advances across multiple industries, from next-generation electric vehicles to wirelessly powered medical devices and consumer electronics.
The Technology Pioneer award recognizes WiTricity for its scientific leadership and fundamental research role in the field of highly resonant wireless power transfer, and its work to transfer its technology to a large base of developers to support the introduction of breakthrough wireless power systems. The company also supports a variety of international organizations in their efforts to create worldwide standards that will transform the way devices are charged.
“Being selected as Technology Pioneer by the World Economic Forum is an enormous honor and we could not be prouder,” said Eric Giler, CEO of WiTricity. “We are committed to building a company that fundamentally changes the world, and this award underlines the fact that our technology is capable of enormous positive economic and environmental impact. We congratulate all the other Technology Pioneers this year and thank the World Economic Forum for including WiTricity.”
“The impact of technology continues to increase in all aspects of society,” said David Aikman, Managing Director, Head of New Champions at the World Economic Forum. “The diversity of the innovative thinking and possible solutions they offer are why leaders from all sectors of society are interested in interacting with the Technology Pioneers.”
Each year the World Economic Forum chooses a select number of Technology Pioneers from hundreds of applicants. Candidate companies are nominated by Members, constituents and collaborators of the World Economic Forum, and by the public. A selection committee, comprised of top technology and innovation experts, academics and venture capitalists, reviews all applications before making its recommendation to the World Economic Forum.
WiTricity will be awarded for its achievements in a ceremony on September 12 at the Annual Meeting of the New Champions 2013. The Meeting is the foremost global business gathering in Asia, bringing together leaders from top-ranked multinationals and chief executive officers of dynamic and fast-growing companies.
More information about the World Economic Forum’s Technology Pioneers program can be found at http://www.weforum.org/techpioneers.
WiTricity is the industry leader in wireless electricity delivered over distance. The company was founded in 2007 to commercialize an exciting new technology for wireless electricity invented by world renowned physicists from the Massachusetts Institute of Technology (MIT). With a growing list of global clients in industries including consumer electronics, automotive, medical devices and defense, WiTricity has emerged as the leader for IP and expertise in highly resonant wireless power transfer. For more information, visit www.witricity.com. Follow WiTricity on Facebook, Twitter, LinkedIn and YouTube.