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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)