fos4X is finalist in the Free Electrons Program 2020

[fos4X - 07.05.2020] (Mynewsdesk) fos4X is proud to be chosen from 857 applicants into the top 15 of this year’s Free Electrons program. Free Electrons is an innovation program targeting scale-ups and young companies and is run by 10 global utilities. The goal is to get several pilots in place and to scale during the year.

Free Electrons 2020 received more than 850 applications from 86 countries and selected the 36 most promising startups to participate in a week-long bootcamp. At the end of this very intensive week, the 15 finalists, including fos4X, were selected for the remaining three modules. Throughout the rest of the year, pilot planning and tracking will take place with the 10 global energy suppliers in locations around the world – or digitally, due to Corona.

"I am absolutely psyched about this program. We get to work with some of the world’s largest utilities, which would normally take months, but the program ensures very efficient meetings and a swift pace in executing the pilots. And who knows, some may even become investors in the future."

Robert Erdmann, CDO fos4X

Retrofit Solution for the Optimization of Wind Turbines ConvincesThe scope of participating companies is very broad, from pure hardware to software companies, from machine learning to charging infrastructure, from consumer and business applications.

The core of our project proposals, not surprisingly, is our retroX system, which is specially designed for the retrofit market and a great tool and source of data for utilities that take operational ownership of their assets soon during the lifecycle. We are looking forward to deploying it in various windfarms around the globe to address issues of AEP, operating costs, risk management and life time.


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