We have won the 1st prize at the GRÜNDERPREIS NRW!
The prize honours the most successful innovative business ideas, innovative products and entrepreneurial personalities from NRW. It is awarded by the Ministry of Economics, Innovation, Digitisation and Energy of North Rhine-Westphalia and NRW.BANK. The prize was awarded for the eighth time in 2019 and is one of the highest endowed competitions in Germany. The award ceremony took place on Monday evening in Düsseldorf. The jury consisted of representatives of the Ministry of Economic Affairs, NRW.Bank and business start-up and economic experts from North Rhine-Westphalia.
“PHYSEC is a worthy winner and a great example for the up-and-coming founder state. The company has its origins in the Ruhr-Universität Bochum. This shows the enormous potential of combining science and business,” says Economics and Digital Affairs Minister Prof. Dr. Andreas Pinkwart.
“As a development bank for North Rhine-Westphalia, we provide business start-ups with advice and support. And with the NRW GRÜNDERPREIS we are giving them a stage to present their good ideas,” explains Eckhard Forst, Chairman of the Managing Board of NRW.BANK. “PHYSEC is a shining example of a start-up from our federal state and its two founders are highly deserved prizewinners.
We are delighted and thank you very much for this award!
More information about the founder prize can be found here.
We have been honoured by the business magazine BILANZ as one of the top 10 start-ups in Germany. The “Start me up!” competition, in which we were able to present our technology to a jury of experts, took place in Berlin at the beginning of July.
Since 2016, the business magazine BILANZ has annually organized the start-up competition with Germany’s most innovative young companies. Further information on the winners will be available in the next issue of BILANZ.
Innovations from Bochum: MIT Technology Review names Christian Zenger “Innovator under 35” in Europe!
After we had the pleasure of receiving his award as “Innovator under 35” in Germany only in July, Dr. Christian Zenger has now received further recognition: He is one of the Europe-wide “innovators under 35”!
“Innovators Under 35” is the world’s leading community of innovators, pioneers and social pioneers. Since its inception, MIT Technology Review has annually published the list of the most brilliant innovators under 35 years of age who are making groundbreaking advances and actively shaping their research areas. The European programme highlights the work of the most talented young technology leaders and strengthens the international innovation community. The innovators were selected by the jury from over 1000 candidates.
With PHYSEC, Christian Zenger creates a system that detects small changes in the signals of encryption devices and could thus ensure an impenetrable and above all secure Internet of Things. According to Mahvash Siddiqui, Environment, Science, Technology and Health Officer at the United States Embassy in London (United Kingdom) and member of the jury for innovators under 35 in Europe, the young German innovator shows an “impressive combination of entrepreneurial and scientific-technical skills” and develops a technology “with the potential to change the world”.
“Innovators Under 35” is an annual list that recognizes outstanding innovators under the age of 35. The awards cover a wide range of areas, including biotechnology, materials, computer hardware, energy, transport, communications and the Internet. The Technology Review magazine is published by the Massachusetts Institute of Technology (MIT). It reports on technological innovations from various fields that have the potential to change the world.
More information on the innovators can be found here.
Innovation “made in germany” — PHYSEC wins the 7th German IT Security Award
Every two years, the Horst Görtz Foundation honors the best future-relevant innovations in IT security. We received first prize for the development of the Enclosure PUF. The concept makes it possible to verify the integrity of computer systems and their peripherals by using electromagnetic wave propagation effects. The award ceremony took place today at the it-sa trade fair in Nuremberg, the largest IT security trade fair in Europe. The German IT Security Award is the most renowned and highly endowed award in the industry and is determined in a two-stage process by a jury of experts.
More information about the award can be found here.
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.
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.