# Global Energy Transmission Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/global-energy-transmission

- Industry: Power & Utilities
- Headquarters: US
- Website: www.getcorp.com
- Total disclosed funding: $2.5M
- Latest round: Seed (May 31, 2017)
- Investors on record: 2

## About

Global Energy Transmission Corporation specializes in innovative wireless charging solutions for battery-powered drones, enhancing their operational capabilities through mid-flight recharging technology.Global Energy Transmission Corporation, founded in 2016 in the US, focuses on developing wireless charging solutions for drones. The company was started by Bill Kallman and Leonid Plekhanov, who also serves as CEO. In May 2017, GET raised USD 2.5 mn in Seed funding from investors including Draper Associates and IP Fund, marking its first funding round. The company operates from its headquarters in the US and has established itself in various industrial sectors worldwide.Global Energy Transmission offers innovative wireless charging solutions specifically designed for battery-powered drones, enabling in-flight recharging that extends operational capabilities. The GET Air solution includes a Ground Station for wireless power transmission and drones equipped with proprietary technologies such as a Wireless Power Receiving system. This allows drones to recharge in just a few minutes while in flight, eliminating the need for traditional landing and charging methods. GET's technology serves applications in monitoring, security, and delivery across North America, Europe, and select Asian markets.Global Energy Transmission's revenue model is based primarily on B2B transactions, focusing on turnkey solutions that integrate their wireless charging technology with drone services. Clients partner with GET to implement these solutions, which include a Ground Station along with a designated number of drones for immediate system utilization. Revenue is generated through the sale of these systems, ongoing support services, and potential subscription models for access to wireless charging networks as a service, reflecting GET's tailored approach to diverse industrial needs.Following the Seed funding round in May 2017, Global Energy Transmission aims to expand its product offerings and market reach. The company is currently developing new solutions aimed at enhancing drone capabilities and plans to penetrate additional markets in Europe and Asia by 2025. The recent funding will be utilized to support these initiatives, facilitating the launch of new products and the establishment of a stronger presence in targeted geographic regions.

## Funding rounds

- Seed, May 31, 2017, $2.5M — Draper, IP Fund

## Investors

- Draper (https://capitalatlas.ai/funds/draper) — Seed
- IP Fund — Seed