Voltstorage wins Weimer Media Future Award

Five start-ups presented their start-ups at the LfA Förderbank's Elevator Pitch. The company convinced with its iron salt battery.

Voltstorage prevailed against five competitors at the elevator pitch of LfA Förderbank Bayern at the Ludwig Erhard Summit. The start-up received the Weimer Media Future Award, which comes with a €100,000 advertising budget. Voltstorage founder Jakob Bitner entered the pitch with the newly developed iron salt battery. This is intended to make it possible to store renewable energies in an ecological way. The basis for this is redox flow technology.

According to Börse am Sonntag, Quantum Systems, Ororatech, German Bionic Systems, Evum and Blickfeld were also shortlisted for the summit. The companies were able to present their products to the audience in a four-minute pitch. The audience then voted.

Quantum Systems, led by founder Florian Seibel, develops high-tech drones. Ororatech pitched its satellites equipped with thermal imaging cameras that can create accurate maps and predict forest fires. The product of Peter Heiligensetzer's startup German Bionic Systems is an industrial exoskeleton. The skeletons are designed to help people with musculoskeletal disorders. Evum is a manufacturer of electric vehicles, while Blickfeld is developing laser-based sensors for autonomous vehicles.