WiGL Power
January 1, 2017
WiGL’s Wireless Energy Technology Poised to Revolutionize Battery-Driven Society
WiGL
Long Distance Wireless Power
Hampton, VA
Technology
WiGL is a smart, touchless, wireless power company. WiGL, Wireless-electric Grid Local Air Networks (pronounced “wiggle”), is bringing new technologies developed for the Department of Defense to improve the value proposition of countless goods and services... by sending targeted energy through the air.
$4,999,105
raised
4,935
Investors
$56.1M
Valuation
$0.59
Price per Share
$249.57
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
3
Days Left
Rewards
Get rewarded for investing more into WiGL:
$249+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
WiGL Bronze
Become part of the WiGL Investors Club*, Exclusive WiGL T-Shirt, 3% bonus shares.
$1,000+
Investment
WiGL Silver
Become part of the WiGL Investors Club*, Receive an exclusive WiGL T-Shirt, 5% bonus shares.
$2,500+
Investment
WiGL Gold
Become part of the WiGL Investors Club*, Receive an exclusive WiGL Polo Shirt, 10% bonus shares.
$5,000+
Investment
WiGL Platinum
Become part of the WiGL Investors Club*, Receive an exclusive WiGL Polo Shirt, 15% bonus shares + exclusive early access to WiGL enabled products.
$50,000+
Investment
WiGL Angel
Become part of the WiGL Investors Club*, Receive an exclusive WiGL "Angels" Shirt, 30% bonus shares, Community Outreach Advisory Board Seat, exclusive early access to WiGL enabled products.
$90,000+
Investment
WiGL Advisory Board
Receive an exclusive WiGL "Board Member" Shirt, 50% bonus shares, Advisory Board Membership.
Reasons to Invest
The wireless charging solutions market was valued at $6.51 billion in 2018, estimated to grow to $40.24 billion by 2027
Led by a strong team of founders and advisors with experience in the Air Force, Draper Laboratories, MIT, and BAE Systems
Fully patented technology, developed by 100% disabled Veteran
Overview
Fully powered, fully wireless
WiGL aims to help people ditch cords and wires. Imagine getting electric power the same way we wirelessly get to the internet. Log onto an over-the-air wireless electrical power WiGL network and power or recharge your devices.
*The product is currently under development, final results may differ and are not guaranteed.
With our technologies, we aim to power your devices on the move or recharge your battery while you use the device—and that’s just scratching the surface.
*The product is currently under development, final results may differ and are not guaranteed.
Our patented technology may provide greater security, cleaner and less wasteful energy, and is incredible efficiency by using the same signals that deliver your WiFi. Our versatile, developing services were successfully demonstrated at VA Tech University's Tech Talk with Florida International University for the Department of Defense’s helmet application, as well as demonstrated with a common cell phone. Just like WiFi, we envision that WiGL will be a household name in a $25 billion charging solution market.
*The product is currently under development, final results may differ and are not guaranteed.
The Problem
Limited battery technologies can’t keep up with IoT
IoT devices operate 24/7, mainly operated by batteries. However, even the latest battery technology has limited autonomy, long charge-times, high costs, harsh environmental impact, and risks of accidents. All of these issues can restrain the power and potential to fully implement IoT into our lives. Today’s definition of wireless must also include wireless electrical power to overcome battery limitations or 24/7 mobile power needs.
*Number of users calculated internally based smartphone penetration rate provided by Statista
*The product is currently under development, final results may differ and are not guaranteed
The Solution
Revolutionizing how we power our devices
Portable electronic devices are at the heart of the IoT revolution.
At WiGL, we’re aiming to shift the paradigm where IoT devices are no longer dependent on batteries and their drawbacks. This way, our customers can realize the full potential of IoT, with invaluable benefits for people, companies, and governments - our target user base. WiGL aims to become an essential mobile service.
*The product is currently under development, final results may differ and are not guaranteed.
The Market
The multibillion-dollar IoT and charging solutions markets grow remarkably
The wireless and wired charging solutions market is estimated to grow to $25 billion in 2022. The massive adoption of IoT, with 31 billion devices already connected and 75 billion estimated by 2027 drives this remarkable growth.
*The product is currently under development, final results may differ and are not guaranteed.
With an already growing outlook, WiGL plans to significantly expand the wireless transmission market even beyond current predictions. Our goal is to completely replace the traditional wired segment, yielding a total available market of over $49 billion.
Our Traction
Patented technology, with strong traction, and successful research initiatives
In 2020, we were awarded a contract to demonstrate WiGL in a fighter helmet for the Department of Defense demonstrations. We proved that WiGL can recharge a cellphone at a VA Tech University Tech Talk. We have proposed our second funded wireless power solution for the AFWERX Reimagining Energy Challenge. WiGL was selected for a another AFWERX Wireless Power Small Business Innovation Proposal (SBIR) to be presented in 2021. We are also awaiting funding from the National Science Foundation SBIR proposals.
GIF
*The computer generated image is for illustration purposes only, actual product is in development and final result may differ.
*The product is currently under development, final results may differ and are not guaranteed.
What We Do
WiGL is like WiFi for powering your devices
Imagine spending hours on the phone and by the end of the day, your smart devices are fully charged without you ever having to think about it. Imagine a workplace where your team must stay connected throughout the workday, and by the end of the day, not one team member loses power on their devices; phones, laptops, tablets, Ipads, key fobs, earbuds, headphones. All still charged.
WiGL works just like traditional WiFi. However, instead of transmitting and receiving WiFi data, a WiGL enabled transmitter (Tx) uses the same raw radio frequency (RF) as noise but harvests the RF noise as raw power.
WiGL transmits the RF to a WiGL enabled receiver (Rx) connected to or within a smart device. Like cellphones, WiGL Tx’s are smartly connected allowing for near endless distance. To support smarter, greener power, in the future we will also produce WiGL eNERGY Units that function as a self-generating power router for eNERGY transmission that enables remote location mesh networks. Going off the grid...take WiGL with you.
*The computer generated image is for illustration purposes only, actual product is in development and final result may differ.
The Business Model
All-inclusive software subscription and hardware B2B model
We plan to generate revenue through the several pillars:
Software subscription fees range from $6.99 to $29.99 per month. For the B2B channel, WiGL will earn from service providers 10-20% of each monthly bill of the software subscriber.
Hardware licenses, charging ≥$0.20 for each device containing a WiGL transmitter and ≥$0.10 for each embedded or external WiGL receiver. The low pricing strategy helps us to get to market quickly and expand our core revenue drivers.
Direct equipment sales that commercialize our products with WiGL technology under “WiGL eNERGY”. Devices will range from $10 to $250.
Trademark licensing integrate WiGL into all wirelessly chargeable products with non-exclusive models. Like our software and hardware approach, the goal is to offer WiGL’s trademark at a very low introductory price to aid in our long-term strategy of name dominance for wireless power naming rights.
*The product is currently under development, all revenue channels are planned, actual results may differ and are not guaranteed.
Development Roadmap
While WiGL is still currently in early developmental stages, we have partnered with Guinn Partners to build three exciting new developmental prototypes in support of upcoming Demos for the Air Force:
1. A small WiGL enabled transmitter that plugs into a home or business electrical outlet
2. WiGL enabled phone case receivers that recharge your battery on the move
3. WiGL enabled receivers for autonomous robots and drones
Next, in 2021, WiGL has been selected to pitch and advance the technology from government use to commercial applications. Then we will need to methodically gain licenses, create end-user products, and/or form strong partnerships with market leaders, through strategic and successful demonstrations of WiGL on manufacturer's existing products and increase our sales representatives.
Once we reach the commercial launch, in addition to having B2B WiGL enabled transmitters and receivers, we plan to build out our own well-supported and trained representatives to supplement and support partner sales resources in order to gain traction.
How We Are Different
Current and future competitive advantages
WiGL’s primary advantages are its patented wireless charging range and mesh networking capabilities. Though Energous and Huawei are WiGL’s closest competitors, they do not have the long distance range capabilities as does WiGL. Our other direct and patented advantage over existing competitors is our approach to mesh networking, which we designed for military applications.
*Information in this graphic based on internal company research only.
We are positioned to ward off the competition with our existing utility patent which effectively blocks out those that seek to leverage electromagnetic transmission technology for uncoupled energy transfers. WiGL has a 3-year technology development lead time of engineering and prototyping for Department of Defense applications.
WiGL Inc. seeks to be the first to claim brand and market dominance, making WiGL synonymous with “all” wireless power. Think of it this way, in the near we want future customers to ask: “Do you have WiFi and do you offer WiGL?”.
The Vision
Ensure that WiGL is synonymous with wireless power delivery
With robust marketing, targeted communications campaigns and a well-developed social media presence, we’re aiming to ensure that WiGL is associated with wireless power delivery, regardless of the product, service, competitor or manufacturer. Our goal is that within five years after commercial launch, the name WiGL will be as prevalent, demanded, and used as WiFi.
gif
*The computer generated image is for illustration purposes only, actual product is in development and final result may differ.
When going to a restaurant or a friend’s place, consumers today ask the common questions, “do you have WiFi, what’s the password?”
Similarly, our vision is for people across the globe to simply ask, “how do I get on your WiGL network?”
OUR LEADERSHIP
Led by an experienced team in business and large-scale energy sectors
Our founding team and advisors consist of world-renowned scholars, large-scale energy experts, and technology entrepreneurs with seasoned business acumen.
Dr. Ahmad Glover, CEO and Founder:
Dr. Glover is CEO and founder of WiGL, Inc., and inventor of WiGL technology. He has successfully directed and managed large-scale energy transfer programs for the DoD for 30+ years and served as a strategic technical advisor for the Federal Aviation Administration, several municipal governments, and private industry. Dr. Glover served 23 years in the U.S. Air Force, where he led high-tech acquisitions programs overseeing space and special operations programs.
Cherif Chibane, Chief Scientist and Technology Officer:
Mr. Chibane is CTO of WiGL, Inc., and co-inventor of WiGL technology. He is a world-renowned scholar and noted expert with 30+ years of experience in radio frequency energy transfer. Mr. Chibane has successfully executed high-tech programs at Draper Laboratories, MIT, BAE Systems, and AuresTech.
Marie Wise, Chief Partnership and Innovation:
Mrs. Wise is the lead business development officer of WiGL, Inc. She is the principal author of the WiGL strategic plan and has a track record of identifying new development opportunities and implementing innovative growth-related initiatives during her 20+ years in business development in the semiconductor industry.
Robert Rickard, Chief Operating Officer:
Mr. Rickard serves as the lead operations officer. He has successfully overseen large-scale high-tech programs for the Department of Defense for over 20+ years and founded the well known Rickard Consulting Group. Mr. Rickard is a retired US Air Force Fighter Pilot and holds a Bachelor in Electrical Engineering from the University of Missouri-Rolla. He also holds advanced training and certifications as an F-16 Instructor Pilot and Weapons Officer.
Why Wigl
Invest in the future of WiGL everywhere
We envision a future of WiGL everywhere, from your home kitchen to city hall. Imagine a world where essential power is made available worldwide via WiGL transmitters embedded in streets, on light poles, and satellites, powering everything from your cell phone to military devices.
*The computer generated image is for illustration purposes only, actual product is in development and final result may differ.
Our patented technologies, paired with our continuously successful demo cycles will position WiGL to enter the $25 billion wired and wireless charging market. Join WiGL in powering the 21st Century IoT revolution.
In the Press
Univeristy of Virginia Tech Talk - 2020
January 1, 2017
WiGL Demonstrations for Virginia Tech Talk - 2020
Offering Summary
Company | : | Wireless electrical Grid LAN, WiGL, Inc. |
Corporate Address | : | 1919 Commerce Dr suite 120, Hampton, VA 23666 |
Offering Minimum | : | $9,999.91 |
Offering Maximum | : | $4,999,999.84 |
Minimum Investment Amount(per investor) | : | $249.57 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 16,949 |
Maximum Number of Shares Offered | : | 8,474,576 |
Price per Share | : | $0.59 |
Pre-Money Valuation | : | $56,050,000.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks*
Friends and Family Early Birds
Invest within the first 48 hours and receive 20% bonus shares
Super Early Bird Bonus
Invest within the first week and receive 15% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive 10% bonus shares
$500+
Level I - WiGL Bronze
Become part of the WiGL Investors Club* + Exclusive WiGL T-Shirt + 3% bonus shares
$1000+
Level II - WiGL Silver
Become part of the WiGL Investors Club* + Receive an exclusive WiGL T-Shirt + 5% bonus shares
$2500+
Level III - WiGL Gold
Become part of the WiGL Investors Club* + Receive an exclusive WiGL Polo Shirt + 10% bonus shares
$5000+
Level III - WiGL Platinum
Become part of the WiGL Investors Club* + Receive an exclusive WiGL Polo Shirt + 15% bonus shares + exclusive early access to WiGL enabled products
$50,000+
Executive Level - WiGL Angel
Become part of the WiGL Investors Club* + Receive an exclusive WiGL "Angels" Shirt + 30% bonus shares + Community Outreach Advisory Board Seat + exclusive early access to WiGL enabled products
$90,000+
Board Level - WiGL Advisory Board
Receive an exclusive WiGL "Board Member" Shirt + 50% bonus shares + Advisory Board Membership
*WiGL investors club: Monthly investor-facing news and updates, quarterly zoom seminar with directors and/or technology experts
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Wireless electrical Grid LAN, WiGL, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $0.59/ share, you will receive 110 common stocks, meaning you'll own 110 shares for $59. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Travel and Entertainment”. Inter company debt or back payments. Any expense labeled “Administrative Expenses” not strictly for administrative purposes.
Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$119,046.00
USD
$0.00
USD
Cash And Cash Equivalents
$0.00
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$0.00
USD
Accounts Receivable
$0.00
USD
$0.00
USD
Short Term Debt
$30,404.00
USD
$0.00
USD
Long Term Debt
$0.00
USD
$0.00
USD
Revenues And Sales
$60,000.00
USD
$0.00
USD
Costs Of Goods Sold
$0.00
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$0.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$76,486.00
USD
$0.00
USD
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
Mini Update
5 days agoYou did it!
WIGL is the first Reg CF on StartEngine to hit the $5M investments committed milestone🙏🏽.
WiGL is now on a mission to try to get WiGL enabled products on shelves ASAP.
To achieve this exciting mission, we have shifted gears and begun partnering with our “competi-mates”. WiGL has received NDAs and quotes to begin joint development on far-field wireless offerings❤🤗.
Stay tuned for other exciting updates ….as soon as we are cleared to share (product names, product types, companies involved and dates😳).
Let’s WiGL
Let’s Make History Together
12 days agoCongrats to Sir Richard Branson and team. Over the weekend, they made history traveling to low earth orbit in space 🤗.
Now it’s your turn!
Because of you, WiGL is on track to be the 1st Reg CF on StartEngine to raise $5M🎉. We are researching to see if you made WiGL the 1st Reg CF to raise $5M anywhere😉.
Please make sure you take a moment to recognize that you too are making history by being part of this historic raise🙏🏽. One day you may be able to tell your kids and grandkids that you lit the spark that made WiGL’s wireless power a household resource.
You will be the history books!
Let’s WiGL
20 Days Left
17 days ago
We have less than 3-weeks to go 😬.
Are you getting excited?
Well we are.
Today WiGL will host a technical interchange meeting with our manufacturing partners (to be announced very soon). This meeting will begin to chart our path to commercial products on shelves🙏🏽.
In a few days, WiGL’s leadership will also start our series of in-studio TV news interviews. Thanks to you, WiGL will be sharing our Reg CF successes and breakthrough tech successes with the world🤗. Videos of WiGL prototypes in operation were taken at FIU last month and it’s time for the world to learn about WiGL🤩🎉.
Stay tuned for programming info.
Later this month, WiGL will also finalize our Memorandum of Understanding with our DoD customer(s) as we bring critical life saving WiGL tech to warfighters🙏🏽.
Yup….all this within the next 20-days😳.
Let’s WiGL
WiGL’s Partner Espre
19 days agoWiGL Inc is honored to announce that one of our IoT partners has been approved on StartEngine:
https://www.startengine.com/espre
As we’ve shared in the past, WiGL plans to use NvisiLink to protect the data on and between our meshed network of WiGL enabled transmitters and your device. NvisiLink helps ensure wireless power remains safe and protected from hackers😡.
With this addition to StartEngine…the world just moved a few steps closer to WiGL everywhere🤗.
Let’s WiGL
26 Days Left
23 days ago
In 26 days WiGL’s $5M Reg CF raise will expire 😬.
On day 27 (the day after this offer expires), we are predicting calls from people wanting to know if its too late to invest now or invest more at these share prices. Please don’t be one of those calls 😉😉😉.
Today is an excellent opportunity to be part of WiGL’s historic first raise. We are inching closer to the $5M max and need your help to be the 1st on StartEngine🙏🏽.
As the team continues to burn the candles at both ends to get WiGL enabled products and partnerships to market…let’s finish this 1st capital raise strong.
Let’s WiGL
27 Days Left 😬
24 days agoThanks to your support, WiGL completed another amazing demo of our Gen-0 prototypes this week🤗.
With the help of the wireless power validation experts at Florida International University, WiGL safely and successfully demo’d a cellphone being recharged while in use and moving area a room🤯 using 2.4GHz (Wi-Fi).
In the video, Dr. Shubhendu Bhardwaj
(Shoe-Ben-Do Bhar-Dwa-J)
Assistant Professor | Electrical and Computer Engineering
Florida International University
Thank you for moving the world one step closer to WiGL enabled products in our homes, transportation, offices, schools, and so much more!
Next up:
1. WiGL will validate and test our Minimally Viable Products (MVP). WiGL MVPs are the building blocks for miniaturization and mass production of products we all can begin using🤗.
2. WiGL will demonstrate military applications of wireless power for specialized units and combat operations. WiGL hopes to help saves lives of service members using our tech🙏🏽.
27 Days left on our StartEngine Campaign, but we’re just getting started…
Let’s WiGL
28 Days Left
25 days ago28 Days remaining
Are you in the WiGL Investor’s Club?
Have you invited your friends and family to be part of the WiGL family yet? We need their help to change/charge the future 😉.
For our current investors…let’s make history. Let’s see if we can make WiGL the first StartEngine Reg CF offering to raise $5M🤗.
WiGL is very close. Together we can do it!
Thanks for your tremendous support🙏🏽.
Let’s WiGL together
What a Ride
26 days agoWow
We are within the final 30-days.
Where did the time go🙈.
OMG!
Did you invest yet?
Time is running out for this round.
Let’s WiGL
Final Push
30 days agoWe are quickly closing in on our Reg CF max. So the end date of WiGL's campaign will be July 28, 2021🙏🏽.
If our future valuation is favorable to our investors, we intend to be back as soon as possible to continue raising for the next phases of WiGL’s strategy.
Thanks to each of our investors and we are excited about our future🤩.
Oh….and WiGL is very close to making a couple HUGE announcements🤗.
Let’s WiGL
Notice of Material Change in Offering
about 1 month ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the WiGL offering. Here's an excerpt describing the specifics of the change:
WiGL is extending their campaign by 29 days + fixing error from previous filing.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
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