In a statement, the subsidiary, PiBEX, said it is working with U.S.-based Energous Corp., a developer of wireless charging technology, and Korea’s SK telesys, which manufactures communications equipment. 

“We are working with SK telesys and Energous to design and build an ultrawide band tracker device which not only stands up to the elements through a waterproof design, but also brings charging convenience, and most importantly helps manage risk within our factories,” said PiBEX chief executive Myung-sik Chun. 

Ultrawide band technology is a type of radio communication that uses low power and can transmit large amounts of data over short ranges.  It can be used to precisely locate objects, even in areas where signals could be disrupted.  The tag that is being developed also would incorporate Energous Corp.’s wireless charging technology, called WattUp. 

“PiBEX and POSCO’s interest in our WattUp technology for its UWB tracking tag represents a step forward for the company into the industrial market. Our WattUp wireless charging technology is especially applicable for industrial applications because of its scalability, small footprint and our ability to charge both at contact as well as at a distance,” said Energous  president and chief executive Stephen R. Rizzone. 

“We are proud to have a worldwide leader in the steelmaking industry integrating our technology to ease the charging of devices they rely on 24/7 and bring greater efficiency and safety to the industrial workplace,” he added.