An Israeli startup company called StoreDot has unveiled a prototype charger that can re-energize a phone battery in 30 seconds.
The new technology was based on research for Alzheimer’s disease at the nanotechnology department of Tel Aviv University, but the prototype still needs to be developed into a smaller batter to be of commercial use. The amino acids identified in the research are used for the new charger.
The StoreDot is optimistic it will succeed and projects that the new charger will be on the market by the end of 2016.
One of the rumored investors who have plunked down more than $6 million so far is Samsung.
“We are about one year from a functional prototype that will be inside the device,” StoreDot’s CEO and founder Dr. Doron Myersdorf told TechCrunch. “Right now we show a battery that extends beyond the form factor of the smartphone. So in one year we’ll have reached the size, and in two years we’ll reach the required energy density for the entire day.
“So we are talking about three years for a commercial ready device. So I assume it will be three years before you can actually purchase it on the market.
“We’ve demonstrated an iPhone display that the active material which emits light is a bio-organic material that is created by our compounds. This will be the first ever bio-organic display. We already demonstrated all the colors… we can bring the entire RGB spectrum for the display so now it’s all a matter of being able to reach the lifetime and the efficiency similar to cadmium.”
StoreDot needs approximately an additional $20 million to further develop the prototype and set up a manufacturing facility.