StoreDot will charge your smartphone in 30 seconds

StoreDot’s is an Israeli technology company that claims to charge your mobile device in 30 seconds or less in coming years. According to report, Store Dot, however, will spend the next three years, and its $6.25 million in funding, to make it possible.

“We are about one year from a functional prototype that will be inside the device,” StoreDot’s CEO and founder Dr. Doron Myersdorf tells TechCrunch. “Right now we show a battery that extends beyond the form factor of the smartphone. So in one year we’ll have reached the size, and in two years we’ll reach the required energy density for the entire day.

“So we are talking about three years for a commercial ready device,” Myersdorf told TechCrunch. “So I assume it will be three years before you can actually purchase it on the market.”

So far, the StoreDot prototype works only with Samsung’s last-gen handset. StoreDot says that it’s focusing on getting its technology to work with other phones also.

StoreDot’s CEO Dr. Doron Myersdorf, told TNW – “In essence, what we have developed is a new generation of an electrode with new materials – we call it MFE – Multi Function Electrode. One side acts like a Supercapacitor (very fast charging), and the other is like a Lithium electrode (slow discharge). The electrolyte is modified as well with our nanodots in order to allow for the multifunction electrode to be effective. Although not quite there yet, we are aiming for the same capacity as a Li=ion battery (~2000mAh). Self-discharge is similar to Li-ion as well. We anticipate to reach this goal in one year. Mass production in planned for late 2016.”

It is expected to reach the market in 2016.