electronica Fast Forward 2020 Winners
electronica Fast Forward, the start-up competition powered by Elektor, went virtual in 2020. Here are the winning start-ups.
Over the past years, Elektor has been organizing the electronica Fast Forward (e-ffwd) start-up competition. Normally this event takes place at the electronica (and productronica) trade shows, but this year things are a bit different and you all know why. Instead of cancelling the event, Elektor and electronica moved it online, where companies from countries such as Germany, USA, Hungary, and France (to name only a few) presented their elevator pitches, business plans, and products.
After reviewing the various start-ups and their technologies, the official e-ffwd jury — which included Professor Rik De Doncker (RWTH Aachen University) and Elektor engineering and editorial representatives — has selected the top three winners. Congratulations to the winners: Hungary-based AXS Motionsystem Ltd (First Prize), Germany-based Micropack-3D (Second Prize), and Hungary-based e-Fásli Ltd (Third Prize).
The video replaced the elevator pitch participants do live in Coronavirus-free times in front of an audience and a jury. The audience was simulated by public voting as visitors of the start-up profiles could rate them by giving stars.
The winning three start-ups were chosen by the jury because of their high commercial potential and the quality of the team, two important criteria for a start-up to grow into a successful business.
Congratulations to the winners!
Hopefully, things will be back to normal soon and we'll see you at the next event!
Since Oct. 1996, he is professor at RWTH Aachen University, Germany, where he leads the Institute for Power Electronics and Electrical Drives (ISEA).
In Oct. 2006 he was appointed director of the E.ON Energy Research Center at RWTH Aachen University, where he also founded the Institute for Power Generation and Storage Systems (PGS). He is director of the RWTH CAMPUS Cluster Sustainable Energy and leads the German Federal Government BMBF Flexible Electrical Networks (FEN) Research CAMPUS. He has a doctor honoris causa degree of TU Riga, Latvia.
He has published over 400 technical papers and is holder of more than 40 patents. Dr. De Doncker is recipient of the IAS Outstanding Achievements Award and the IEEE Power Engineering Nari Hingorani Custom Power Award (2008). In 2010, he became member of the German National Platform for electro-mobility. He is the recipient of the 2013 Newell Power Electronics IEEE Technical Field Award, and the 2014 IEEE PELS Harry A. Owen Outstanding Service Award. In 2015 he was awarded Fellow status at RWTH University. In 2016 he became member of the German Academy of Science and Technology (ACATECH). 2017 he became Member of the International Advisory Board of French automotive research institute VEDECOM. He has been awarded the 2020 IEEE Medal in Power Engineering.
After reviewing the various start-ups and their technologies, the official e-ffwd jury — which included Professor Rik De Doncker (RWTH Aachen University) and Elektor engineering and editorial representatives — has selected the top three winners. Congratulations to the winners: Hungary-based AXS Motionsystem Ltd (First Prize), Germany-based Micropack-3D (Second Prize), and Hungary-based e-Fásli Ltd (Third Prize).
Virtual Pitching
Even though the electronica Fast Forward competition was open to any start-up company, not all were admitted to the final round. Only the participants who sent in a business plan, a company profile, and a short video were presented to the jury.The video replaced the elevator pitch participants do live in Coronavirus-free times in front of an audience and a jury. The audience was simulated by public voting as visitors of the start-up profiles could rate them by giving stars.
electronica Fast Forward Winners
After studying the provided documents and watching the videos, and merging in the public votes, the jury – headed by Professor Rik De Doncker from RWTH Aachen University (see below) – selected three winners:- First Prize - €75,000 Elektor marketing budget & a starter booth at electronica 2022
- AXS Motionsystem Ltd. – an ergonomic expert system to evaluate and qualify workplaces
- AXS Motionsystem Ltd. – an ergonomic expert system to evaluate and qualify workplaces
- Second Prize - €50,000 Elektor marketing budget
- Micropack-3D – adaptive electronic packaging
- Third Prize - €25,000 Elektor marketing budget
- e-Fásli Ltd – a self-learning heat therapy device
The winning three start-ups were chosen by the jury because of their high commercial potential and the quality of the team, two important criteria for a start-up to grow into a successful business.
Congratulations to the winners!
See You Next Year?
The virtual the electronica Fast Forward 2020 competition was a success thanks to its wide field of high-level participants. The technologies included:- Wireless charging
- Edge computing
- Electric vehicles
- Energy harvesting
- MEMS mirror and laser scanning solutions
- Actuator technologies
- Real-time control and monitoring
- And more
Hopefully, things will be back to normal soon and we'll see you at the next event!
About Professor De Doncker
Since Oct. 1996, he is professor at RWTH Aachen University, Germany, where he leads the Institute for Power Electronics and Electrical Drives (ISEA).
In Oct. 2006 he was appointed director of the E.ON Energy Research Center at RWTH Aachen University, where he also founded the Institute for Power Generation and Storage Systems (PGS). He is director of the RWTH CAMPUS Cluster Sustainable Energy and leads the German Federal Government BMBF Flexible Electrical Networks (FEN) Research CAMPUS. He has a doctor honoris causa degree of TU Riga, Latvia.
He has published over 400 technical papers and is holder of more than 40 patents. Dr. De Doncker is recipient of the IAS Outstanding Achievements Award and the IEEE Power Engineering Nari Hingorani Custom Power Award (2008). In 2010, he became member of the German National Platform for electro-mobility. He is the recipient of the 2013 Newell Power Electronics IEEE Technical Field Award, and the 2014 IEEE PELS Harry A. Owen Outstanding Service Award. In 2015 he was awarded Fellow status at RWTH University. In 2016 he became member of the German Academy of Science and Technology (ACATECH). 2017 he became Member of the International Advisory Board of French automotive research institute VEDECOM. He has been awarded the 2020 IEEE Medal in Power Engineering.
