SoftBank Invests in Exeger to Accelerate Global Deployment of Exeger Solar Technology

By siliconindia   |   Tuesday, 05 March 2019, 09:17 Hrs
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SoftBank Invests in Exeger to Accelerate Global Deployment of Exeger Solar Technology

SoftBank Group, a global technology player that aspires to drive the Information Revolution invests $10 million in Exeger, a solar cell manufacturing company. Also, SB Energy, a subsidiary of SBG partners with Exeger with an objective to accelerate the global rollout of the Exeger technology.

Speaking about the partnership, Shigeki Miwa, CEO, SB Energy, says, "The development of this innovative technology, which can convert any light into energy that can be used in any way, will dramatically transform people’s lifestyles and behaviours. The SoftBank Group is extremely happy to be able to collaborate with Exeger, which has this amazing technology, to promote the fusion of energy and technology and help realize a more convenient and comfortable society”.

With an aim to accelerate the global launch of this ultra-thin, flexible solar cell and open up a wider array of new Exeger powered products within the SoftBank group ecosystem. Exeger’s solar cell works efficiently in ambient light conditions, in both artificial and atural light. It can be printed in free-form and different colors, allowing it to seamlessly enhance any product with endless power.

Founded in 2009, Exeger seamlessly enhances any product in both natural and artificial light and its goal is to change the perception of available energy by integrating self-power into everyday devices, the brighter the better. Giovanni Fili, Founder & CEO, Exeger, says, “I am extremely proud that the boldest visionary in the world has identified Exeger as a global key enabling technology company. SBG, with its global reach and vast resources, is the perfect partner to fully exploit the potential of our technology. Together we will change people’s perception of available energy now that any surface exposed to light can be power generating. We will use this initial SBG investment to accelerate commercialization across multiple markets”.

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