Working closely with Imperial Innovations plc, Drayson Wireless will rapidly bring the technology to market in numerous applications and sectors.
The new business builds upon Drayson Technologies’ expertise in the use of wireless power in automotive applications such as the development of the Drayson B12/69 wirelessly-charged electric race-car that set a new FIA World Electric Land Speed Record in 2013.
The business is based upon world-class research conducted over several years by scientists from the Department of Electrical & Electronic Engineering at Imperial College.
Lord Drayson has brought together a team from Imperial College combined with senior-level experience from companies such as Qualcomm, PowderJect and Circassia, with backgrounds in building global businesses in wireless technology and life sciences.
Launching the new company has led Lord Drayson to restructure his interests. A new holding company, Drayson Technologies Ltd, has acquired the business and assets of Drayson Racing Technologies LLP and its Formula E team. The holding company also controls the new venture Drayson Wireless Ltd, which is run in collaboration with Imperial Innovations Plc. This structure reflects the intention to focus on the wireless technology business.
A guiding principle of the business is to incubate world-class scientific research and help translate it into commercial success. As such, Drayson Wireless has signed a long-term strategic research agreement with Imperial College to continue research in the field and to work with Imperial Innovations to accelerate the transfer of wireless energy technology from the research lab to the market place.
Paul Drayson, Chairman & CEO of Drayson Technologies, said: “Over recent years we have seen a revolution in the way wireless technology has transformed communications, making smartphones and social media part of our everyday lives. The same is about to happen to energy and Drayson Wireless aims to be at the centre of this next revolution.”
Read more Green Car Guide features about Drayson Racing Technologies: