Global Energy Transmission Corporation, a Woodland, Wash.- and Moscow, Russia-based provider of long distance high power wireless power solutions for industrial applications, raised $2.5M in seed funding.
The round was led by IP Fund (Russia), which participated via PapayaFIN Ltd, and Draper Associates (US).
The company intends to use the funds to develop its industrial wireless power charging system and deploy wireless power networks across major cities worldwide.
Led by Leonid Plekhanov, Founder and CEO, GET has demonstrated its first prototype Distant Wireless Power System drone charging solution in June 2016. It enables the first continuous wireless powered electric drone flight over a large area. The system can continuously deliver enough energy to power heavy drone flight by wirelessly recharging onboard batteries for commercial parcel delivery services and other applications.
The company also presented its wireless power network plan for a series of power hot spots for drones to recharge as they complete deliveries across a region. GET plans to deploy a power hot spot network for drones, with light-weight antenna receivers available for mounting on drones, which can be registered to the GET Wireless Power Network (WPN) with subscription service.