RF energy harvesting technology R&D company Mica Energies has announced the launch of their Regulation Crowdfunding raise on equity crowdfunding platform StartEngine with a $38.3 million valuation. The company is raising funds for the development of a chip that will allow smartphones, laptops, tablets, and game consoles to be automatically charged, 24/7 regardless of location.
The company is an early-stage technology company with a unique method of accessing and harvesting abundant atmospheric radio frequency (RF) energy to trickle charge Internet of Things (IoT) devices, with a primary focus on Smart Wireless devices. The company’s patent-pending technology can collect ambient RF energy through a unique antenna technology, which can be able to charge any rechargeable battery from a distance and can be implemented across multiple billion-dollar verticals.
“The mobile device is a consumer staple, an integral part of both personal and commercial existence,” says Founder and CEO Judah Ben Hur. “This device has evolved into a dynamic computational mechanism capable of basic communications to complex computing with digital display. From observation, our competitors are designing solutions using near-field communications (NFC) that can recharge the battery yet require immobile positioning for lengthy periods of time, effectively negating the intended mobility of the device, and the purchase of emitter devices to place additional energy into the environment for NFC RF harvesting. Some have attempted far-field communications (FFC), but to our knowledge, none have succeeded.”
“As far as we can see, current wireless charging is limited to a distance of 15 to 30 ft. Our approach will be able to harvest RF energy, as long as it’s measurable,” says Ben Hur.
By applying power harvesting technologies, says the company, devices and equipment can become self-sustaining with respect to the energy required for operation. The company says that it anticipates demonstrating working models using their chip at a “By Invitation Only” event in Dallas, Texas in mid-2023.