Gentex Announces Partnership With Solace to Develop Next-Generation Wireless Power
08 Janvier 2024 - 2:00PM
Gentex Corporation (NASDAQ: GNTX), a leading supplier of
electro-optical products for the global automotive, aerospace, and
fire protection industries, today announced a partnership agreement
with Solace Power, an innovative wireless power transfer technology
company. The goal of the collaboration is to further develop,
manufacture, and commercialize Solace’s unique wireless power
systems within a wide variety of industries. The collaboration
brings with it a strategic investment by Gentex in Solace Power.
Solace Power specializes in making wireless power and data
transfer practical for applications across a broad spectrum of
industries, including automotive, telecommunications, smart home,
aerospace, and healthcare. The company’s proprietary technology,
supported by 27 patents and hundreds of trade secrets, can
continuously deliver up to 3 kilowatts of power at distances up to
375mm through various mediums including air, glass, wood, and
concrete. With its vast range of capabilities, Solace’s technology
unlocks significant improvements in manufacturability, power
transfer reliability, and spatial freedom.
While Solace already maintains a diverse customer base, the
companies hope to leverage Gentex’s manufacturing and product
development capabilities to help Solace achieve market scale.
Gentex believes Solace’s technology not only has immediate
applications in its current product portfolio, but also stands to
play an important role in the company’s continued expansion into
new markets.
“Our partnership with Solace is set to redefine the landscape of
power systems for automotive and beyond,” said Gentex Chief
Technology Officer Neil Boehm. “This collaboration has the
potential to change the future of design, where power is not just
transmitted but intelligently integrated into the very fabric of
product design.” Solace technology delivers intelligent solutions
to the most demanding customer challenges by offering customized
solutions, ensuring that design complexity, packaging, range, power
dynamics, safety, and environmental concerns are all addressed
seamlessly.
"Solace's dynamic wireless platforms are the result of our
expertise built up over more than a decade of working with our
customers’ evolving needs," said Neil Chaulk, chief executive
officer of Solace. "Working alongside Gentex, we're elevating our
technology, providing their next generation of vision, sensing,
connectivity, and dimmable glass products with high-caliber,
future-ready power solutions."
The integration of Solace’s technology into Gentex’s product
lines stands to increase product design flexibility by eliminating
power distribution concerns, reducing cables and connectors, and
enabling unique power and data transfer solutions like never
before.
About SolaceEstablished in 2007, Solace Power
specializes in crafting cutting-edge wireless power-based solutions
featuring proximity sensing and data, redefining industry
standards. Their patented technology provides industrial-grade,
decoupled power for a world of previously unachievable applications
in a broad spectrum of industries. To learn more about Solace’s
wireless power solutions, please visit www.solace.ca.
About GentexFounded in 1974, Gentex Corporation
(NASDAQ: GNTX) is a supplier of automatic-dimming rearview mirrors
and electronics to the automotive industry, dimmable aircraft
windows for aviation markets, and fire protection products to the
fire protection market. Check out some of the Company’s latest
technology at www.gentex.com.
Gentex Media ContactCraig Piersma (616)
772-1590 x4316craig.piersma@gentex.com
Gentex Investor Relations ContactJosh
O’Berski(616) 772-1800 x5814josh.oberski@gentex.com
Solace Media ContactDulanjalee Iluksooriya(709)
745-6099dulanjalee.iluksooriya@solace.ca
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