What started out as an MIT project two years ago has now progressed into a full-fledged company -- ladies and gentlemen, meet WiTricity Corp. Auntie Beeb (that's the BBC for you Yanks) has grabbed the firm's CEO Eric Giler to discuss some pretty aggressive plans for bringing wireless power to the masses. Yes, we're talking actual through-the-air wireless as opposed to something like Palm's Touchstone, which requires physical contact between charger and chargee. Based on magnetic induction, the magical technology is apparently mature enough to be deployed in the relatively near future, and if all goes to plan, "near future" could translate into "18 months from now." Also of note, Intel is hard at work developing the original concept, and if the parallel engineering of the same idea by two companies isn't enough to get your skepticism dialed down and your browser to the video past the break, what is?

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Video: WiTricity is back, promises wireless power within 18 months