Author: WiGL

Investing in Startups

One of the top 10 questions we get is… “why should I invest in a startup”?

WiGL’s go-to answer is because it only takes one good Startup investment to change your life. Sadly, there isn’t really a good science you can use to pick a winner.

But we thought it would be useful to share some pretty good references on why someone should invest in WiGL…or any other startup on StartEngine.com.

Here on the StartEngine platform (what the JOBS ACT calls a funding portal), there are great resources to help anyone new to startup investing:

Reference: https://www.startengine.com/blog/investing-in-startups-101/

 

Another good place to start, like everything else these days is Google.

Here’s WiGL’s perspective on startup investing, based on articles you can review online:

5 Reasons Why You Should Invest in Startups

Reference: https://fullscale.io/blog/startup-investment/

 

1. Early Investment Means Greater Rewards

2. Diversifying Your Portfolio

3. Range of Options

4. Impact Investment

5. High Potential for Buy-Outs

 

These are five really good reasons to potentially expand your portfolio by investing in startups like WiGL.

Getting in early is always a plus and WiGL is a very early startup. Across StartEngine, there are a number of offerings…like WiGL…that are early enough to join as a very early investor (or maybe 1st round investor).  Likewise, having a wide variety of investments is also a tried-and-true method of growing your equity. Again, this is much more art than science.

But even with art, you want diverse groups of investments. While WiGL lands clearly in the technology space, there are other types and ranges of startups on StartEngine to fit nearly all risk tolerance levels. And many of the StartEngine offerings are like WiGL, in that we all potentially have the ability to improve the lives of billions of people.

Lastly, WiGL, and most offering on StartEngine started with the Exit in mind.

Clearly, there are a host of other pros and cons to investing in “anything”. Hopefully, this info has been useful and helps someone make the yes versus no decision on investing in WiGL or something else here on StartEngine.

Attention WiGL Wait-Listers

When WiGL’s Reg CF raise ended in the Summer of 2021, there were a number of people who did not get their investments in and processed before we reached the max allowed.

And over the past couple days, some of WiGL’s 2021 Reg CF wait-listers have reached out about “still” being on the previous rounds’ waitlist. So WiGL contacted StartEngine and we were informed there were over 200 people that missed that round (WOW).

Sadly, WiGL didn’t get to see the waitlist…so we had no idea. But thankfully, StartEngine is helping us ensure you will have an opportunity to be part of WiGL’s future.

In the coming days, StartEngine should be contacting you (via email) about joining the current Reg A+ round.

Like last raise, there has been tremendous support for WiGL and we want to ensure you are part of this round and never waitlisted again. Apologies to anyone who wanted to invest but were waitlisted due to WiGL hitting the SEC limit last round.

Please know we are working behind the scenes to ensure your investment request gets processed!

*“You should read the Offering Circular (bit.ly/3vTfufH) and Risks (bit.ly/367hpCM) related to this offering before investing. This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA (https://www.finra.org/#/) /SIPC (https://www.sipc.org/). This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.”

WiGL Wins Department of Defense Contract!

Team WiGL Wins: 

Multi-Year Follow-on Department of Defense Contract!

We have been bursting at the seems to share this award. Thanks to your Reg CF investment(s), WiGL was able to compete and win this very important growth milestone.

Because of you, Team WiGL is now off and running to deliver touchless Wireless Power Transfer (tWPT) technology to the US Air Force (USAF).

Per the awarded contract…over the next couple years, Team WiGL is delivering:

  • WiGL enabled software documentation and user manuals;
  • tWPT networking engineering drawings;
  • Long-term network operation and maintenance;
  • Commercialization results (meaning WiGL enabled products that may go on shelves for civilians);
  • Safety hazard analysis when the WiGL enabled network is in partial or total hardware development/delivery.

In addition, Team WiGL is contracted to deliver key WiGL and WiGL-enabled products/licenses. In partnership with Energous, Rickard Consulting Group, Cubic Mission & Performance Solutions, Guinn Partners, INERGY and others…Team WiGL will provide fully functioning networks, comprising:

  1. Clean safe tWPT salt water and solar generators that are also wireless transmitter (Tx) enabled. This will also include Tx’s that plug into AC/DC outlets and other devices.
  2. WiGL enabled receiver (Rx) units to plug into mission critical USAF end user devices. Examples of end user devices may include: Android devices, Apple devices and/or other handheld IoT devices.

In the coming days, Team WiGL will hold official kickoff meetings with stakeholders to finalize “individual products”, product-modifications, network specifications and fine-tune delivery dates for the fully functioning WiGL enabled network.

We are honored to finally be able to share this important update and begin to share more details about the whole team and many parts that make up the WiGL network.

Please stay tuned for more updates on the Tx’s, Rx’s and networking related to this contract.

*“You should read the Offering Circular (bit.ly/3vTfufH) and Risks (bit.ly/367hpCM) related to this offering before investing. This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA (https://www.finra.org/#/) /SIPC (https://www.sipc.org/). This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.”

StartEngine FAQ

Q: Do you have any demos we can see of the product actually working? What is the total range and power transmission?

A: Please visit https://wi-gl.com/technology/ for info about WiGL Demos 1-4.

WiGL recently repeated demo #3 of our transmitter network at Synapse in Tampa, FL. There are also a couple TV and media videos on this page (e.g. Kathy Ireland show or FIU News).

The WiGL team is currently in the planning phase of very specific applications/devices for Demo #4 to meet Department of Defense end user requests.

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*The products shown are internal parts of the prototypes not yet available to the general market. See Scientific Reports for Demo #3 Details:  https://www.nature.com/articles/s41598-021-97528-5

 

Q: Is this the same as Energous technology?

A: No – WiGL is currently working with Energous and we consider them a close teammate, even though others may consider them our competitor. Our competi-mates’ business models appear to be making and selling a single transmitter (Tx) paired to one or more receivers (Rx) in an engineering developer kit (DevKits) for other companies build or test.

WiGL is currently working with these companies to build commercial -off-the-shelf (COTS) capabilities to fast track Tx-to-Tx-to-Tx-to-Tx “Networks” of touchless Wireless Power Transfer (tWPT). Meaning rather than a single COTS Tx-to-Rx pair that gets you maybe 3-10 ft of distance, WiGL’s patented technologies are based on connecting COTS Tx’s in an attempt to gain near infinite distance on our tWPT networks. I.e…”want more distance, add another WiGL-enabled Tx”.

We also hold patents that make additional advances in how the WPT industry can smartly use and control tWPT Tx’s.

WiGL is all about gaining tWPT distance by growing the Wireless electrical Grid of Local Area Networks (it’s in the name; “WiGL”).

In short, Energous and others have been pioneers to get more and more power/distance from their “single Tx” to the Rx’s as part of their DevKits. Whereas WiGL is leveraging advances in all available COTS WPT to build tWPT networks of wireless power….to meet end user needs.

In WiGL’s business model, we build specific applications of tWPT for the military and commercial end-users. We don’t currently have nor sell a DevKit.

 

Q: What is the effect of wireless electrical transmission on human tissue?

A: The FCC limits public exposure of Specific Absorption Rate (SAR) for devices. For example, Wireless Phones and Devices have a SAR level of 1.6 watts per kilogram (1.6 W/kg).

For specific SAR info please visit the FCC Web Site: https://www.fcc.gov/general/specific-absorption-rate-sar-cellular-telephones.

WiGL recently published a paper promoting our suggestions for FCC oversight and the future of touchless Wireless Power Transfer (tWPT).

 

Q: How much wattage is WiGL capable of transmitting?

A: WiGL has demonstrated 2.4GHz at 1W. 


Most recently, we purchased and networked some COTS transmitters that put out 3W in the lower band. And one of our competi-mates has a 5W COTS transmitter.

WiGL’s Demo #4 is building a network of COTS (slightly WiGL enabled) and WiGL in-house transmitters tuned to 850-950MHz and 2.4GHz…all at 1W.

A person standing in front of a computer

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*WiGL CTO (Cherif Chibane) at Synapse in Tampa, Florida. The  products shown are internal parts of the prototypes not yet available to the general market. 

 

Q: When are products expected to hit the shelves?

A: As soon as WiGL is formally files our awarded, funded and executed Department of Defense (DoD) contract with the SEC…we will have a deliverables plan with dates and will be in a better position to answer when Military and Civilian WiGL capabilities will be ready. The proposed applications of WiGL for DoD devices have a direct correlation to commercial devices.

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Q: The overview of your invention does not address the most important concerns of wireless energy transmission. Transmitting large amounts of power wirelessly is easy. It is a totally different thing when you claim to power refrigerators and TVs. Nobody wants to live near power towers. Yet you are proposing power transmitters all over the city?

A1. WiGL does NOT claim: “to power refrigerators and TV”. WiGL is proposing exactly the opposite. WiGL envisions using refrigerators and TVs (etc) as “transmitters” on the WiGL Network to recharge smaller devices’ receivers. Meaning, higher power devices that are plugged into the wall (the AC Grid)… can be repurposed to send/ transmit wireless power to smaller mobile devices. This is similar to how IoT is changing how we now add WiFi to toasters, microwaves, TVs, washers, garage doors, etc (stuff on the Grid). WiGL isn’t planning to power large high power devices…we are seeking to leverage grid-connected devices to build the touchless wireless transmitter network(s) of tomorrow.

A2. WiGL isn’t exactly “proposing power transmitters all over the city”. WiGL envisions repurposing existing electrical grid infrastructure that already radiates power; how many electrical sources are already in your City (that provide no IoT electrical power value to the end user)? WiGL hopes to marry our growing need for IoT technologies to existing systems on the power grid…by making your city’s electrical infrastructure smarter. WiGL wants to make existing products that already radiate energy…more effective/efficient for our 21st century IoT needs.

A3. So far our COTS and in-house demos have not “increased that power by orders of magnitude … to wirelessly transmit.” To date, WiGL and our partners have used 850-950 MHz (radio) or 2.4GHz (WiFi) at 1W. Well within FCC limits for radio/cellphone/WiFi transmissions. Some of our competi-mates who provided the WiGL-enabled COTS transmitters also sell transmitters radiating at 3-5W. Each of these COTS providers has FCC approvals. And there is growing science behind using 5G as the wireless energy source. 

 

Q: From the last round raised, what did the company do with the funds? Are there actual commercial products made that’s not a prototype. I only see the budget prototype of the product, which look a lot like high schoolers made them.

A1. The funds from the first round were used to move from prototypes to MVPs…and secure revenue generating contracts. Yes, our manufacturing partners and competi-mates have completed “some” of those MVPs and provided the transmitters and receiver products we mentioned in the Reg CF. There is a picture of one new MVP transmitter (product) on the page above. WiGL elected not to share images of the network or newest modifications to the WiGL or WiGL-enabled MVP receivers until we seek additional patents to protect new discoveries.

Many “products” make up a Wireless electrical grid of local area networks (WiGL). Meaning, some of the products used to make that full network are being provided by our competi-mates. And as we’ve shared, some of those products already exist. You or I can order these products online today.

The prototypes WiGL is demo’ing are truly prototypes. Yes they could look better, but they are not the MVPs. These are simply demo’ing that the tech works!

And at our demos, engineers want to see the internal subsystems and parts. They do not trust a closed pretty container is sending wireless power across the networks we propose…unless they see the boards and wiring for themselves. So sadly, the demo kits are not “Best buy or Walmart” quality.

Publishing in Scientific Reports has been both a gift and a curse. The article helped the engineering community to finally understood what WiGL was doing, but it also explained WiGL to other businesses who wanted to get into the wireless power space. Overnight, the whole far-field industry shifted to talking about “networking”.

So the images and demos you see on our websites are the older/known prototypes that we are comfortable sharing. Once we complete the network and patent the individual products for DoD (read as stuff from the Reg CF), we will be ready to share those approved images. But we have a responsibility to protect shareholder’s equity and WiGL’s trade secrets from competitors’ … we’re trying not to share too much too soon.

WiGL network Image

*”You should read the Offering Circular (bit.ly/3vTfufH) and Risks (bit.ly/367hpCM) related to this offering before investing. This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA (https://www.finra.org/#/) /SIPC (https://www.sipc.org/). This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.”

We’re Back!

WiGL is happy to announce that we have finally been given the green-light for our Reg A on StartEngine.

Many of you helped WiGL make history on StartEngine by being the first Reg CF to hit the $5M cap. Please make sure you visit your StartEngine account to see your existing Reg CF WiGL Shares

1. Login to StartEngine,

2. In the upper right-hand corner, click on your name,

3. Select “View My Trades”

There you will find your investments and important information.

We look forward to having you support WiGL’s Reg A and hope to continue to make history with you.

*“You should read the Offering Circular (bit.ly/3vTfufH) and Risks (bit.ly/367hpCM) related to this offering before investing. This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA (https://www.finra.org/#/) /SIPC (https://www.sipc.org/). This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.”

IoT ONE Podcast: The Present & Future of Wireless Power

“In this episode, we discuss the current status of wireless charging and the alternative solutions for consumer, industrial environments. We also explore the potential for a distributed wireless energy network that leverages existing infrastructure to ensure that energy is available on demand.”

Click Here to Listen

How Wireless Power Technologies can Amplify Clean Energy Production and Reduce our Carbon Footprint

After a year filled with climate disasters, the recent COP26 conference closed with a renewed commitment to limiting the global temperature rise to a maximum of 1.5 degrees Celsius, in line with promises defined in the 2015 Paris Agreement.

Urgent action to protect our planet and reduce its carbon footprint has never been higher on the agendas of today’s government leaders, and with that comes a need to reassess which new technologies can help to meet these goals.

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The Fundamental Problems with “Traditional” Power Transmission

Electrical power as we know it has been around since 1882. That’s when Thomas Edison first built a direct current generator, radial line transmission and twisted copper wires to get power to the end users. Since then, electrical power to major metropolitan and industrial areas has been conducted through the same copper wire-based power grid system, so it may come as a surprise that something in use for almost 140 years is fundamentally flawed.

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