Agree that 3.5V sound's like it would be a DC voltage. Are you refering to the output from a chopper?
http://en.wikipedia.org/wiki/Chopper_(el…
A 3g maximum mass is VERY limiting, But you might just be able to get away with that if you use air core transformers/inductors (iron/ferrite cores are heavy!). But the efficiencies are usually quite low with air cores, and the output AC would need to be of very high frequency.
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For DC-DC converter pehaps use a high frequency chopper circut, and basic info about air coils here
http://en.wikipedia.org/wiki/Transformer…
As you're wanting DC output then you'll have to rectify the output using a diode, and a smoothing capacitor. High frequency perhaps means half wave rectification will be ok, and only needs a single diode (keeping mass down)
http://en.wikipedia.org/wiki/Rectifier#H…
You'll probably have to buy a diode (of at LEAST 300V reverse blocking cap, but something like a leydon jar (
http://en.wikipedia.org/wiki/Leyden_jar) would perhaps surfice as a fairly decent/light weight capacitor. I recon a fairly light one could probably be made by using a small plastic bottle/container, with a very thin layer of silver deposited on the inside/outside using the Tollens Reaction/Silver mirror test. But be carefull as like all caps, leyden jar caps can store/deliver lethal votlages/currents, and they can sometimes charge on their own while in "storage"
http://www.uni-regensburg.de/Fakultaeten…