STRATFORD, Conn., Feb. 29, 2016 /PRNewswire/ — Sikorsky Innovations today announced the winner of the 6th Entrepreneurial Challenge and the launch of the 7th competition. The Entrepreneurial Challenge, driven by Sikorsky Innovations, the technology development organization of Sikorsky, a Lockheed Martin company (NYSE: LMT), is designed to accelerate innovators and disruptive technology concepts with applications in the vertical flight market.
The organization declared Solace Power, based in Mount Pearl, Newfoundland, Canada, winner of the 6th Entrepreneurial Challenge for its presentation of Resonant Capacitive Coupling wireless power technology and granted the firm a $25,000 prize, along with an opportunity to explore, with Sikorsky, the impact of Solace Power technology on Sikorsky’s product line.
“The Entrepreneurial Challenge, from an industry perspective, is truly a one-of-kind gateway, where disruptive ideas can quickly gain exposure and a customer base within one of the most exciting transportation verticals globally,” said Chris Van Buiten, Vice President of Sikorsky Innovations. “We look forward to exploring the applications of the exciting Solace Power technology. The 6th Entrepreneurial Challenge exceeded our expectations, and we’re anticipating strong additions to the portfolio with competitors from the 7th competition.”
Sikorsky Innovations also awarded four other finalists from the 6th competition in two additional categories: Special Recognition, for exceptional entries, and Honorable Mention for meritorious entries.
- Cadenza Innovation, LLC, based in Wilton, Connecticut, and Identify3D, based in San Francisco, California, earned Special Recognitions.
- Response Technologies, LLC, based in Cumberland, Rhode Island and iQagent, based in Alpharetta, Georgia, earned Honorable Mentions.