Singapore Open Innovation Challenge
We are thrilled to share that Hexagon Group AG participated as a judge at the closing ceremony of the Singapore Open Innovation Challenge (SOIC) 2022 organised by Enterprise Singapore. Over 500 proposals submitted from over 80 different countries culminated into 12 pitches, introducing exciting technology that can address sustainability challenges such as Renewable Energy, Sustainable Materials, and Green Buildings.
We had the privilege of awarding the prestigious grand prize for innovation and sustainability to Raitan, a startup whose groundbreaking work in energy storage systems (ESS) has truly set them apart from the competition.
Mr Christian Wendel, President of Hexagon Group AG, and Mr Pushkar Jamnerkar, CEO of Aries Fertilizers, witnessed an inspiring gathering of young entrepreneurs in Singapore, each with startup proposals emphasising sustainability and its crucial role in shaping our future. It was a true testament to the power of innovation and its ability to address the pressing challenges of our time.
Raitan's dedication to sustainable energy solutions impressed us all. Their expertise lies in designing state-of-the-art ESS for grid and electric vehicle usage. By providing end-to-end solutions, Raitan empowers its clients to build customized energy storage systems that contribute to a cleaner and greener future.
We extend our heartfelt congratulations to Raitan for their well-deserved victory of the $70,000 cash prize, sponsored by Hexagon Group AG, to help accelerate their innovation journey! All the innovators will also continue to pursue a co-innovation journey with their matched challenge owners towards pilots and commercialisation. We would also like to express our gratitude to all the participants who showcased their brilliant ideas during the Singapore Open Innovation Challenge. Your passion and creativity have truly inspired us all, and we encourage you to continue pursuing your dreams of building a sustainable future.
Lastly, a special thanks to the organizers and supporters of the challenge for providing a platform to foster innovation, collaboration, and sustainable solutions. Together, we can create a world where innovation and sustainability go hand in hand.
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