The Estonian company, Zubax Robotics, won this year’s edition of PowerUp! – a European competition for energy, cleantech, mobility, cybersecurity and smart city startups in Central and Eastern Europe.
Zubax beat startups from across Europe and was awarded for its solution that provides 10% more energy-efficient electric motor controllers for aerospace applications.The company’s technology allows electric vehicles – especially aircraft – to travel further using less energy from the battery, thus alleviating one of the most significant obstacles in the way of total electrification of all kinds of transport.
The startup was awarded €30,000 in the competition’s grand finale that took place in the Czech capital, Prague.
“We applied to the competition because it seemed very relevant – as this contest helps technological advancement for startups by providing funding and support to innovative ideas and teams,” Pavel Kirienko, the leader of technical research at Zubax, said in a statement. “Winning the competition is a very motivating surprise – we knew that we had a good idea and a good product that has potential. We are planning to use our prize and invest it into further development of the product and take our market presence into the next level.”