The Powermat goes mainstream

Via Seeking Alpha

  • General Motors (GM -0.2%) says it will offer wireless smartphone charging in the 2015 Cadillac ATS model through the Powermat charging system.
  • The automaker owns a piece of Powermat via a $5M investment by GM Ventures that some analysts think will eventually lead to a huge payday.
  • Some tech blogs say Powermat is a step ahead of rivals in the burgeoning wireless charging industry. A positive sign is that adoption in Starbucks stores is in the process of rolling out.
  • Procter & Gamble (PG -0.4%) is also a Powermat partner through its Duracell brand.