Gentex Corporation announced a partnership agreement with Solace Power. The goal of the collaboration is to further develop, manufacture, and commercialize Solace's unique wireless power systems within a wide variety of industries. The collaboration brings with it a strategic investment by Gentex in Solace Power.

Solace Power specializes in making wireless power and data transfer practical for applications across a broad spectrum of industries, including automotive, telecommunications, smart home, aerospace, and healthcare. The company's proprietary technology, supported by 27 patents and hundreds of trade secrets, can continuously deliver up to 3 kilowatts of power at distances up to 375mm through various mediums including air, glass, wood, and concrete. With its vast range of capabilities, Solace's technology unlocks significant improvements in manufacturing, power transfer reliability, and spatial freedom.

While Solace already maintains a diverse customer base, the companies hope to leverage Gentex's manufacturing and product development capabilities to help Solace achieve market scale. Gentex believes Solace's technology not only has immediate applications in its current product portfolio, but also stands to play an important role in the company's continued expansion into new markets. The integration of Solace's technology into Gentex's product lines stands to increase product design flexibility by eliminating power distribution concerns, reducing cables and connectors, and enabling unique power and data transfer solutions like never before.