The story
Founded by Tom Nugent on Jan 1, 2007.1
The predecessor to PowerLight Technologies, LaserMotive, was founded in 2006 by physicists Tom Nugent and Jordin Kare. The company's initial goal was to win the NASA Centennial Challenges Power Beam challenge. After winning the challenge, LaserMotive focused on developing the power beaming technology for commercial application on UAVs and successfully demonstrated the transfer of 400 watts of power over 1 kilometer.
In 2017, LaserMotive changed its name to PowerLight Technologies, hired three new advisors, and officially announced the launch of commercial applications for its power-over-fiber technology. The company's new CEO Richard Gustoffson described this new focus on power-over-fiber as a "major transformation" for the company. PowerLight also continues to work toward commercial application of its technology to free-space power transmission.
From Wikipedia’s article on Powerlight Technologies, shared under CC BY-SA 4.0.4
