Startup in Saxony on an accelerated trajectory: Shift from research to management roles
In the heart of Germany's industrial region, Saxony, a start-up named VibroCut is making waves. Founded by Oliver Georgi, Thomas Schwarze, and Andreas Rüger, this innovative company has been generating significant revenue and creating jobs, contributing to the strengthening of Chemnitz's industrial landscape.
VibroCut's success story began at the Fraunhofer Institute for Machine Tools and Forming Technology IWU in Chemnitz, where the initial ideas for the company's products were developed. The start-up specialises in ultrasonic machine tools, a technology that uses ultrasonic vibrations to enhance cutting or machining processes, particularly in hard or brittle materials. This precision machining approach results in reduced tool wear and potential savings of up to 56% of the applied force.
The VibroCut team's dedication and innovative approach have not gone unnoticed. They recently won the Startup Award 2024 in the "Factory of the Year" competition, which is one of the most significant economic prizes in Europe, held in Ludwigsburg near Stuttgart. The selection for the award was made by business leaders and industry representatives at the congress.
VibroCut's products, including the ViboCut ultrasonic and the VibroCut oscillate, are primarily used in the semiconductor industry and have found their way into serial production in industries like automotive and semiconductors. The gadgets, which cost between 10,000 and 40,000 Euros, have been successfully launched on the market last year.
With a current revenue of half a million Euros and a team of nine employees, VibroCut's founders are aiming high. Oliver Georgi, the CEO, has set a goal of achieving a turnover of 5 million Euros. The Free State of Saxony, which is promoting spin-offs from the scientific community, is undoubtedly supporting this ambitious venture.
As VibroCut continues to grow and innovate, it is clear that this start-up is not only contributing to the economic growth of Chemnitz but also pushing the boundaries of ultrasonic machine tools technology. For more detailed and up-to-date information on VibroCut's background, product offerings, and strategic plans, it would be best to consult their official website, press releases, or industry reports.
In the realm of business, VibroCut's innovative ultrasonic machine tools have made an impact in various industries, such as semiconductors and automotive, thanks to their precision machining approach that reduces tool wear by up to 56% and saves potential force. Recognizing their achievement, VibroCut was awarded the Startup Award 2024 in the "Factory of the Year" competition, a prestigious European economic prize, showing the successful fusion of finance, technology, and industry in their venture.
