CTEK Licenses WiTricity Technology for Wireless Power

WiTricity Corp. announced a technology and patent license agreement with CTEK Corporation that enables CTEK to commercialize WiTricity's patented technology to create high-performance, efficient wireless charging systems for a wide range of battery charging and battery conditioning applications in the transportation and industrial markets. Since its founding, CTEK has sold more than 6.2 million battery chargers in 70 countries around the world. CTEK is a trusted supplier to many of the world's most respected car and motorcycle manufacturers.

“CTEK is adopting WiTricity’s technology to revolutionize battery charging by removing the need for cables in a wide range of automotive, industrial, and recreational vehicle battery systems, eliminating the need for our customers to plug in,” said CTEK CEO, Jon Lind. “We are excited to be on the forefront of the next generation of battery charging products for consumers and industry, and look forward to leveraging WiTricity’s ground-breaking technology to bring a new level of convenience and ease of use to market.”

“WiTricity is excited to partner with CTEK, a company that is respected for both its technical prowess and worldwide distribution network,” said WiTricity CEO Alex Gruzen. “CTEK is a world leader in designing charging systems for a wide range of applications, and has a number of technologies to complement WiTricity’s cutting-edge wireless power transfer technology. In addition to its worldwide reach in consumer markets, CTEK is well positioned within Europe to work with WiTricity in providing a variety of customized battery charging solutions for industrial and transportation applications.”

The adoption of WiTricity’s technology to deliver electric power safely over distance will allow CTEK to revolutionize the act of battery charging by removing the need for cables. Under the terms of this licensing agreement, CTEK will create wireless charging solutions based on WiTricity technology for a wide range of automotive, industrial, and recreational vehicle battery systems. By providing a flexible and efficient method of wireless power transfer over distance, WiTricity technology will enable CTEK to develop a line of products that brings a new level of convenience and ease to battery charging.