Viziv Technologies

About Viziv Technologies

Viziv Technologies, established in 2013 and previously known as Texzon Technologies, is focused on the commercialization of wireless power transmission solutions. The company's core technological pursuit is the application of the Zenneck surface wave, an electromagnetic phenomenon that uses the interface between the earth and the air as a waveguide to transmit power. This endeavor is the result of over four decades of research into electromagnetic surface waves, with the company's primary engineering goal being the synthesis of these waves under real-world conditions.

The company's founders include Dr. James Corum and his brother Kenneth Corum, who have authored numerous electrical engineering papers and hold several hundred patents for surface-wave devices. The current leadership includes CEO Craig Farrill, who brings experience from the wireless telecom industry. The company's work gained public visibility with the construction of a nearly 200-foot-tall antenna tower in Waxahachie, Texas, designed to test the long-distance transmission of electrical power using low-frequency radio waves. This structure is a key component of Viziv's 400-acre research facility.

Viziv Technologies aims to provide a system for the safe and efficient transfer of power between any two points on the globe, with a system that is designed to be impervious to weather effects and other disruptions like solar flares or electromagnetic pulses. The business model appears to center on providing solutions that could reduce the cost and time required to build traditional power transmission infrastructure. The company's market includes applications in energy, communications, and sensing. Specifically, Viziv envisions its technology as a catalyst for economic growth in developing nations by providing electricity to remote areas, improving the utilization of renewable resources by transmitting power from their source, and creating a resilient alternative to satellite-based global positioning and navigation systems.

Financially, Viziv Technologies has operated as a venture-backed, angel-funded startup. It has raised approximately $48.4 million over 34 funding rounds since its first round on March 13, 2017. A significant milestone includes a partnership with Baylor University, announced in 2018, to advance the research and commercialization of its long-distance wireless energy delivery technology. Despite its ambitious goals, the company filed for bankruptcy protection in early 2021, though research and development activities appear to be ongoing.