The twist is a little something called metamaterials, a technology that has already spawned several spin-outs from the Bellevue-based company. Russell Hannigan, senior director of business development for Intellectual Ventures’ Invention Science Fund, says a decision on how to commercialize the technology is just “a few months away.”
Right now, the company is working with a proof-of-concept setup that beams about 8 watts’ worth of microwaves across a lab space to light up an array of LED lights. But researchers expect to scale up the system to power devices at distances of 160 feet (50 meters) or more.
“Our driving application – the one that’s the most lucrative – is drones,” Hannigan said.