– Exeger will work with Voxx-owned brand RCA to develop solar-powered hearing aids and accessories.
– Together, the companies will collaborate to improve the lives of people suffering from hearing loss by offering innovative solutions that are convenient and practical.
– Product development is in progress.
STOCKHOLM, SWEDEN AND FLORIDA – December 5, 2023 – Swedish deep tech company Exeger and global supplier of mobile and consumer electronics company Voxx today announce their partnership to explore the development of hearing aid accessories powered by Exeger’s groundbreaking Powerfoyle solar cell material.
In collaboration, Exeger and Voxx will combine their expertise and resources to explore the possibility of integrating Powerfoyle into hearing aid accessories. Powerfoyle is unique in its ability to efficiently convert any light into energy to continuously power any device. In addition, Powerfoyle is flexible and the only fully customizable solar cell, allowing brands to seamlessly integrate a power source directly into their products without compromising on design. Together, the companies will join forces to create and develop products that leverage Exeger’s light-harnessing technology to power and improve the methods through which hearing aids are charged.
In May 2023, RCA announced its entry into the over-the-counter (OTC) hearing aid market. Through this partnership, Exeger will support Voxx-owned brand RCA, the number one antenna company in America and, more recently, hearing aid manufacturer, to develop solar-powered hearing aids and accessories for Americans suffering from hearing loss. As a major distributor of wearable devices, the potential to apply Exeger’s unique patented solar cell technology into hearing aid accessories supports Voxx’s position as a world leader in the consumer electronics market.
Exeger’s Powerfoyle technology has already earned acclaim for its adaptability and universal appeal in various applications, from consumer electronics to IoT devices. This partnership will further see Exeger venture into a new product category, expanding the reach and versatility of its patented solar cell technology.
“This development of self-powered hearing aids for RCA is a prime example of Powerfoyle enabling a partner to push the boundaries of their market by enhancing the functionality of their products.”
Georgios Foufas, Chief Commercial Officer of Exeger
Georgios Foufas, Chief Commercial Officer of Exeger, comments, “We are incredibly excited about this partnership with Voxx, and through the RCA brand, we will bring innovative solutions to the healthcare market. Exeger has focused on ensuring that Powerfoyle is adaptable to work across a wide range of products. This development of self-powered hearing aids for RCA is a prime example of Powerfoyle enabling a partner to push the boundaries of their market by enhancing the functionality of their products.”
“We are thrilled about the opportunity to work with Exeger,” Ian Geise, President of Voxx Accessories Corporation continues. “The OTC Hearing Aid category is poised for huge growth over the next decade bringing affordable solutions to those that have been so underserved. And RCA will be at the forefront of solutions that are smart, simple, and practical and most importantly all affordably priced. Exeger is the perfect partner to work with to ensure we have the best and most efficient solar technology for our hearing aid charging cases. Solar charging is just one of the many ways to make life easier on the hearing aid user to know that in case they forget to plug in their charging case that they can be rest assured it is drawing power from the sun and other forms of light. This type of differentiation from other OTC hearing aids is what will separate RCA from the rest.”
Exeger is a Swedish company with a unique solar cell technology that converts all forms of light into electrical energy. This material, Powerfoyle, is the world’s only fully customizable solar cell. With its superior design properties, it can be integrated seamlessly into any electronic device.
Powerfoyle enhances every product it is integrated into with extended or even unlimited battery life, putting the power of cutting-edge solar cell technology directly in the hands of people. Exeger is leading the way to energy independence through more sustainable and user-friendly products – with the vision to touch the lives of a billion people by 2030.
VOXX International Corporation (NASDAQ: VOXX) has grown into a leader in Automotive Electronics and Consumer Electronics, with emerging Biometrics technology to capitalize on the increased need for advanced security. Over the past several decades, with a portfolio of approximately 35 trusted brands, VOXX has built market-leading positions in in-vehicle entertainment, automotive security, reception products, a number of premium audio market segments, and more. VOXX is a global company, with an extensive distribution network that includes power retailers, mass merchandisers, 12-volt specialists and many of the world’s leading automotive manufacturers. For additional information, please visit our website at www.voxxintl.com
