A new cell phone charger has been created by StoreDot, which can fully charge your cell phone battery in just 30 seconds.  The new technology uses nanotechnology and was unveiled at a Microsoft developer conference in Tel Aviv.

The current charger is about the same as a laptop charger according to the company but expects the size to shrink to about that of a cell phone battery by production time in 2016.

Dr. Doron Myersdorf, CEO, and co-founder of StoreDot said, “The only disadvantage is that the industry is not ready for it,… We are talking about a new type of materials that can be introduced into different types of devices.”

StoreDot’s technology and other nano development “promises to lead to the development of a new generation of consumer smart devices that can be even smaller and perform more useful functions,” said Sandy Hillman, a technology analyst in Miami.