Smart electricity startup Amber just signed a significant agreement with German giant Infineon to bring its technology closer to market. Amber's tech is a solid state solution for managing and controlling electricity, including transforming AC to DC.

That makes electricity software controllable: a 100-year leap in technology.

"By controlling the sine wave electricity and you can chop it and dice it and slice it and you can manipulate it and you can even turn it to a straight line DC by with the elimination of electrolytics, magnetics, transformers, relays, rectifiers ... that's mind-boggling to a lot of electrical engineers," says founder and CEO Thar Casey.

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