AIRA Wireless Charger Update | Shark Tank Season 11
Jake Slatnick and Eric Goodchild created a wireless charger that they knew could be a game-changer for the market. They’re hoping to get a shark on their side to help their company grow. Will they get the deal they need on
If you’re short on time, here’s a quick overview of what happened to AIRA after
AIRA appeared on
| Shark: | Result: |
| Kevin O’Leary, Lori Greiner, and Robert Herjavec | Accepted deal of $500,000 for 15% equity |
| Daymond John | No Offer |
| Mark Cuban | No Offer |
Shark Tank AIRA Update
- Entrepreneurs: Jake Slatnick and Eric Goodchild
- Business: Free position wireless charging surface
- Ask: $500,000 for 7% equity
- Result: $500,000 for 15% equity
- Shark: Kevin O’Leary, Lori Greiner, and Robert Herjavec
Jake and Eric brought their wireless charging device and company, AIRA, to
Eric is actually one of the world’s premier experts on Tesla coils and he also holds a Guinness World record for one of the most powerful Tesla coils ever built.
He brought it to
Their openness to licensing is also impressive. With Eric’s expertise, he came up with a more free-form charging surface, since many similar products must have the device placed directly over a sensor to work.
Instead of being right on target with your device, the AIRA charging surface can hold multiple devices in any configuration and charge them all!
Robert Herjavec cannot believe that Eric built the Tesla coil that they brought to the set. Eric goes on to say that he actually built it in high school.
Lori Greiner especially loves the fact that any company can license and brand the product. Jake and Eric also share that the charging pad can be made in any size to accommodate various size wireless devices.
The unit is proprietary, too, which the sharks also love. As they say, they’ll make more money selling the tech to other companies.
In addition, AIRA recently took on its first bulk licensing order for 33,000 units, which is good news for potential investors.
Despite this, Mark Cuban drops out, because he thinks the company could get left behind since the tech market changes so quickly. Daymond John goes out for the same reason.
The other three sharks thought differently.
Robert offers $500,000 for 10% equity.
Kevin O’Leary and Lori go in together on $500,000 as a loan, at 9% interest, and 15% equity, although they quickly drop the loan aspect of the deal when Robert tells Jake and Eric they don’t need credit.
Jake and Eric were great negotiators. They offered all three sharks a deal of $500,000 for 15% equity.
Consequently, the sharks accepted. Keep reading our AIRA update to see how the company faired after
Our research for the AIRA update revealed incredible news. It turns out, that AIRA is doing quite well for itself. The company has since rebranded to FreePower and has an estimated yearly revenue of $8 million.
Since the show, they’ve secured a partnership with Nomad, who now makes the Nomad Base Station using AIRA’s tech. FastCompany also featured the company, alongside AMD, Samsung, and Apple, in their list of 2021’s most innovative companies.
Additionally, our AIRA update research found that it is also taking the automotive world by storm. Motherson, one of the leading companies for auto parts supply, has partnered with AIRA and plans to put their FreePower technology into newly produced cars.
Since then, they’ve also partnered with Tesla, licensing a wireless charger from the company. Further, Jake was named as a Forbes 30 Under 30 recipient.
If we receive any more updates about the company, we’ll be sure to let you know. In the meantime, make sure to take a look at our other company updates from Season 11 Episode 3:
For even more on companies and products, be sure to stop by our Season 11 products page.
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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!