StoreDot says that charging one's mobile phone in a matter of seconds could be possible by 2016. The technology firm, which has its headquarters based in Tel-Aviv, Israel, learned that by using nano-technology in order to synthesize artificial molecules, batteries can be transformed to act like super-dense sponge. This enables them to absorb and retain power, achieving a fully charged battery status at a much faster rate.
The innovation revolves around the building of "nanodots" which the company refers to as bio-organic peptide molecules. Nanodots perform a significant role in changing the way the battery works by allowing quick power absorption as well as its retention.
Currently, the prototype seemed bulky for a mobile phone which may impede the product's faster proliferation in the market. However, StoreDot believes that it will be able to come up with a slimmer version by 2016. When that happens, it could just be the first slim battery that can quickly absorb and deliver a full day of power for mobile devices in half a minute.
"These are new materials, they have never been developed before," said Doron Myersdorf, StoreDot's founder and chief executive. Company investors include Chelsea soccer club owner and Russian billionaire Roman Abramovich who is said to have spent $10 million for the project.
So far, the company had accomplished two funding rounds which enabled them to reach a total fund of $48 million. Myersdorf added that they have also received a backing from a leading manufacturer of mobile phones. The name of the company was not revealed though Myersdorf said it is based in Asia.
With the innovative technology, Myersdorf said that mobile devices could have a recharging capacity of up to 1,500 times which eventually increases its life by around three years. He is also revolutionizing the recharging time for a car battery by enabling owners to recharge within two to three minutes. At present, models would have to recharge their batteries overnight.
The need to create a faster charging battery may be the smartest move that a company can make considering the fact that the smartphone market continues to grow. This year alone, it is speculated that the number of smartphone users would reach a staggering 1.75 billion.
"We live in a power hungry world...people are constantly chasing a power outlet. StoreDot has the potential to solve this real big problem," said Zack Weisfeld, a mobile phone analyst.
