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Christian Zenger is one of Germany’s innovators under 35

Pioneering ideas for the Internet of Things make Christian Zenger an ‘innovator under 35’

Exciting news for PHYSEC GmbH: Our cofounder Christian Zenger was awarded as one of the leading innovators under 35 in Germany for his research in the field of IT security in the Internet of Things (IoT).

PHYSEC com­bi­nes digi­tal cryp­to­gra­phy with infor­ma­ti­on theo­re­ti­cal phy­si­cal lay­er secu­ri­ty and thus crea­tes IT secu­ri­ty solu­ti­ons that eclip­se all pre­vious­ly known methods. Unpre­dic­ta­ble elec­tro­ma­gne­tic chan­ges bet­ween devices are used for encryp­ti­on: By two devices forming a cou­pled sys­tem, a new, com­mon key can be gene­ra­ted at inter­vals of seconds, which can­not be read by exter­nal atta­ckers. It can also be used to crea­te device-spe­ci­fic digi­tal fin­ger­prints.

Dr. Chris­ti­an Zen­ger has the­re­fo­re recei­ved one of ten “Inno­va­tor under 35” awards in Ber­lin for his visio­na­ry tech­no­lo­gy. The Young Talent Award is pre­sen­ted annu­al­ly by the Tech­no­lo­gy Review and honors inno­va­tors who, through out­stan­ding rese­arch, have a decisi­ve influ­ence in their respec­ti­ve fiel­ds and have the poten­ti­al to use new approa­ches to shape the future of sci­ence and tech­no­lo­gy in a sus­tainab­le man­ner.

The com­pe­ti­ti­on was initia­ted in 1999 by the US edi­ti­on of MIT Tech­no­lo­gy Review. Well-known for­mer pri­ze­win­ners inclu­de Mark Zucker­berg, Ser­gey Brin and Dani­el Ek. It is one of the most pres­ti­gious awards for young rese­ar­chers, deve­lo­pers and com­pa­ny foun­ders.
The award was pre­sen­ted yes­ter­day at the Tele­fó­ni­ca Base­camp in Ber­lin.

The ten inno­va­tors under 35 from Ger­ma­ny at the award cere­mo­ny in Ber­lin. (© Hei­se Medi­en)

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Outstanding success for young companies

Outstanding success for young companies

PHYSEC GmbH has been awarded the main prize of the largest and most renowned business plan competition in the German digital economy as ‘Digital Start-up 2018’.

At the CeBIT in Hano­ver, PHYSEC GmbH was awar­ded the “Digi­tal Start-up 2018” pri­ze by the Federal Minis­try of Eco­no­mics and Ener­gy (BMWi) as part of the nati­on­wi­de com­pe­ti­ti­on. The pri­ze was awar­ded for the first time and was aimed at young com­pa­nies that have been par­ti­cu­lar­ly suc­cess­ful in imple­men­ting their foun­ding ide­as. The pri­ze-win­ners recei­ved their awards during the “Start-up Talk: Digi­tal Inno­va­tions” con­gress by Tho­mas Jar­zom­bek, the Ger­man government’s coor­di­na­tor for aero­space.

PHYSEC convinces with security for the Internet of Things

PHYSEC could con­vin­ce with the solu­ti­on IoTree, the tech­no­lo­gy for secu­re and user-friend­ly encryp­ti­on of com­mu­ni­ca­ti­on bet­ween net­wor­ked devices in the Inter­net of Things. IoTree uses infor­ma­ti­on from the com­mon envi­ron­ment of two devices so that encryp­ti­on can­not be recon­struc­ted after­wards by poten­ti­al exter­nal atta­ckers.

More infor­ma­ti­on about IoTree and pos­si­ble app­li­ca­ti­ons can be found here.

The prize provides growth capital for young companies

The pri­zes of the com­pe­ti­ti­on are endo­wed with a total of 100,000 euros — first place goes to 50,000 euros, second place to 30,000 euros and third place to 10,000 euros each. Other award win­ners inclu­de COMPREDICT GmbH, enve­lio GmbH and RIPS Tech­no­lo­gies from Bochum. The pri­ze money is to be inves­ted in the start-ups as growth capi­tal.

Start-ups from the start-up initia­ti­ves of the Federal Minis­try of Eco­no­mics and Ener­gy can app­ly for the “Digi­tal Start-up of the Year” award. In addi­ti­on to the “Start-up Com­pe­ti­ti­on — Digi­tal Inno­va­tions”, this also inclu­des fun­ding pro­gram­mes such as “EXIST — Start-ups from Sci­ence”. A fur­ther con­di­ti­on for par­ti­ci­pa­ti­on is the genera­ti­on of a mini­mum tur­no­ver of 100,000 wit­hin the past twel­ve mon­ths by the start-ups.

PHYSEC and RIPS Tech­no­lo­gies are two of the award-win­ning com­pa­nies from Bochum — the glo­bal­ly important loca­ti­on for IT secu­ri­ty.

The winners of the competition during the award ceremony at CeBit (©Andrea Janssen)