Humavox from Kfar-saba, Israel appointed Dr. Avi Katz to be the Chairman of its Board of Directors, effective immediately. Dr. Katz is a serial entrepreneur and active high-tech angel investor. Today he is the CEO and Chairman of GigCapital, Inc. (NYSE: GIG). It is a Delaware based blank check corporation (known also as a Special Purpose Acquisition Corporation or “SPAC”. The company was formed in October 2017 for the purpose of entering into a merger, share exchange, asset acquisition or other activity, as soon as the appropriate opportunity is identified.
Dr. Katz’s previous endeavor was the successful launch of a bootstrapped company called GigOptix in 2007, and the transformation of the company to GigPeak, Inc. (NYSE GIG) through a public listing, substantial rollup of strategic M&A targets, and ultimately, the sale of the company for $250 million to Integrated Device Technology (IDT) in April 2017.
Founded in 2010, Humavox have developed a unique technology for wireless chrging. Is ETERNA platform uses near-field radio frequency (RF) technology, and provides users with a simple and intuitive charging experience (“drop & charge”). Unlike the traditional Inductive charging which requires big coils and exact positioning, ETERNA can be implemented in very small devices, such as hearables, wearables and IoT devices.