News

Huawei Wants To Make Long-Range Wireless Charging A Reality

Published

3 years ago

March 30, 2021

huawei wants to make long-range wireless charging a reality

Short battery life consistently ranks as the top complaint of smartphone users. To increase it, smartphone manufacturers can produce devices with larger batteries, increasing their size and weight, improve the energy density of their batteries, or use different battery technology. Alternatively, they can make it easier for users to charge their devices, and that’s the path Huawei has decided to take by making long-range wireless charging a reality, according to an IT Home report.

The report revealed that the Chinese multinational technology company known for its telecommunications equipment and consumer electronics has filed a patent for a new technology that would make it possible to charge battery-powered devices wirelessly over a long distance.

Currently, wireless charging requires two coils to be placed directly opposite each other. This greatly restricts the potential applications of this otherwise wonderful technology, whose only other major drawback is its inefficiency.

huawei long-range wireless charging patent

IT Home

According to the patent’s description, Huawei has been able to figure out how to increase the distance between the two coils by sending electricity through a variety of media, including iron, aluminum, copper, alloy materials, metal pipes, humans, animals, soil, earth, seawater, or just about any other material with conductivity greater than that of air.

“IT Home understands that the purpose of this Huawei patent is to increase the equivalent coupling capacitance between the transmitting electrode and the receiving electrode, which can effectively increase the transmission power between the transmitting device and the receiving device, thereby realizing long-distance wireless charging,” writes the technology portal.

Also Read: Apple Likely To Release 8K VR Headset In 2022

This kind of long-range wireless charging technology could revolutionize the wearables market, but its potential applications extend much further. For example, it could be used to charge embedded medial devices, industrial sensors, and other small devices that can’t be easily connected to a regular charger.

Since the patented technology has yet to be put to practical use, we don’t know anything at all about its safety or potential downsides.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.