About PowerLight
PowerLight is a company based in Kent (United States) founded in 2007. PowerLight has raised $16.31 million across 7 funding rounds from investors including Space Angels. PowerLight offers products and services including Wireless Power Beaming and Aerial Recharging System. PowerLight operates in a competitive market with competitors including EMROD, Reach and Viziv Technologies, among others.
- Headquarter Kent, United States
- SectorsEnergy & Utilities
- Email••••••••
- Website powerlighttech.com
- Social LinkedIn X Facebook
- Legal Name Powerlight Corporation
- Total Equity Funding$16.31M (USD)
in 7 rounds
- Latest Funding Round$260K (USD), Series B
Aug 2025
- Investors
Products & Services of PowerLight
PowerLight offers a comprehensive portfolio of products and services, including Wireless Power Beaming and Aerial Recharging System.
Delivers power wirelessly using lasers for drones and devices.
Recharges unmanned aerial systems in flight for extended operations.
Funding Insights of PowerLight
PowerLight has successfully raised a total of $16.31M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $260 thousand completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $16.31M
- Total Rounds 7
- Last Round Series B — $260,000
- First Round $900,000
(Nov 2009)
- Investors Count 1
All 7 funding rounds of PowerLight with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2025 | $260,000 | Series B | – | – | – |
| Jul 2024 | $7.64M | Series B | – | – | – |
| Feb 2021 | $4.03M | Series A | – | – | – |
| May 2019 | $2.87M | Seed | – | – | – |
| Mar 2016 | $1.52M | Seed | – | – | – |
| Sep 2011 | – | Angel Round | – | – | |
| Nov 2009 | $900,000 | Grant | – | – | – |
1 investors in total: 1 institutional.
Investors in PowerLight
PowerLight has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Space Angels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm focused on early stage investments in the space economy | – | spaceangels.com | New York, United States |
Investor details for PowerLight
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of PowerLight
13 people are tracked at PowerLight (6 in leadership, 7 in board & advisors).
| Name | Role | Group |
|---|---|---|
Tom Nugent | co-founder | Leadership |
Richard Gustafson | CEO | Leadership |
Bob Zak | COO | Leadership |
Kate Marshall | Senior Director, Product & Program Management | Leadership |
Mike Hartnett | VP, Business Development | Leadership |
Katherine Rowe | VP, Engineering | Leadership |
Stephen Lanza | Advisor | Board & advisors |
Barrie Graham | Advisor | Board & advisors |
Johan Bjorklund | Advisor | Board & advisors |
Kent Williams | Advisor | Board & advisors |
Scott I. Anderson | Board Member | Board & advisors |
Claes Olsson | Executive Chairman | Board & advisors |
Luis Spinelli | Advisor | Board & advisors |
Complete people profiles for PowerLight
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of PowerLight
3 dated milestones of PowerLight across 18 years, from founding to its latest funding, stage changes and deals.
- Founded PowerLight is founded.
- Funding First funding round of $900K.
- Funding Latest funding round, Series B, of $260K.
Competitors of PowerLight
PowerLight operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EMROD, Reach and Viziv Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| emrod.energy | 2019 | Auckland, New Zealand | $2.94M | – | Long-range wireless power transmission equipment is developed. | |
| reachpower.com | 2014 | Redwood, United States | $39.12M | 11 | Wireless power solutions are developed by Reach for multiple industries. | |
| vizivtechnologies.com | 2013 | Waxahachie, United States | $48.42M | 13 | Wireless power transmission solutions are provided using surface wave systems. |
Detailed competitors of PowerLight
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PowerLight
The website of PowerLight (powerlighttech.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▼ 46.3% vs previous month
Latest news on Powerlight
Complete news archive for PowerLight
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to PowerLight
10 companies that operate in the same segment as PowerLight (Smart Grid & Transmission Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | Bristol, England, United Kingdom | USD 515.61 M | – | – | |
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
Distributed energy grids are provided for clean electricity and utilities. | 2010 | London, England, United Kingdom | USD 130.7 M | – | – | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Solar-powered electricity is delivered via an app-based platform. | 2020 | Berlin, Berlin, Germany | USD 45.99 M | – | – | |
Provider of smart street lighting solutions | 1992 | Jaipur, Rajasthan, India | – | USD 504.88 M | 1,430 |
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Frequently Asked Questions about PowerLight
PowerLight was founded in 2007 and raised its 1st funding round 2 years after it was founded.
PowerLight is headquartered in Kent, United States. It is registered at Kent, Washington, United States.
Richard Gustafson is the current CEO of PowerLight.
PowerLight is a funded company, having raised a total of $16.31M across 7 funding rounds to date. The company's 1st funding round was a Grant of $900K, raised on Nov 2009.
PowerLight is developing wireless power delivery systems using laser beams to transmit electricity without wires, for applications. They have developed a two-part hardware system, consisting of a transmitter and a receiver. The mobile transmitter is capable of delivering tens to thousands of watts of DC power to electric drones (fixed wing or VTOL), over a distance of hundreds of feet to miles away. This ground-to-air recharging will both power the drone and charge the on-board battery while in flight. The transmitter may be based in an SUV, van or other mobile platform or on a static platform or building. The receiver is mounted on the drone and tied into its power system. Winner of 2009 NASA-sponsored Power Beaming competition.
PowerLight's top competitors include Reach, EMROD and Viziv Technologies.
PowerLight offers Wireless Power Beaming and Aerial Recharging System.
PowerLight has 1 investor. Key investors include Space Angels.
PowerLight operates through Powerlight Corporation.