Death of the cell phone charger

A Pennsylvania entrepreneur has developed technology that gives you all the battery juice you need directly from the air.

Business 2.0 Magazine reports: How much money could you make from a technology that replaces electrical wires? A startup called Powercast, along with the more than 100 companies that have inked agreements with it, is about to start finding out. Powercast and its first major partner, electronics giant Philips, are set to launch their first device powered by electricity broadcast through the air.

It may sound futuristic, but Powercast's platform uses nothing more complex than a radio--and is cheap enough for just about any company to incorporate into a product. A transmitter plugs into the wall, and a dime-size receiver (the real innovation, costing about $5 to make) can be embedded into any low-voltage device. The receiver turns radio waves into DC electricity, recharging the device's battery at a distance of up to 3 feet.

The device has already gained FCC approval and the company has inked deals with the likes of Phillips.

Powercast says it has signed nondisclosure agreements to develop products with more than 100 companies, including major manufacturers of cell phones, MP3 players, automotive parts, temperature sensors, hearing aids, and medical implants. The last of those alone could be a multibillion-dollar market: Pacemakers, defibrillators, and the like require surgery to replace dead batteries. But with a built-in Powercast receiver, those batteries could last a lifetime.