va-Q-tec is awarded “Innovator of the year 2020”

Würzburg, June 19, 2020. va-Q-tec, pioneer of highly efficient products and solutions in the field of thermal insulation and temperature-controlled logistics, won this year’s TOP 100 innovation competition in the size category Companies with more than 200 employees. In 2020, va-Q-tec is Innovator of the year. In the two previous years, the company had already made it into the TOP 100 and TOP 3.

Founded in 2001 as a start-up of the Bavarian Center for Applied Energy Research (ZAE) and the Julius-Maximilians-University of Würzburg, the company offers high-performance products and solutions in the field of thermal super-insulation and thermal logistics. The company’s groundbreaking technology insulates up to ten times more efficiently than conventional materials. So va-Q-tec’s containers can keep temperatures for 5 to 10 days without external energy supply. The global technology leader thus has a unique selling point that is secured by around 180 international property rights and applications. It is remarkable that the company is not only constantly developing its product and technology innovations but also its business model: Since its foundation, the company has successfully completed the transformation from a product to a system provider and further to a sought-after service provider in the field of thermologistics. The company has around 2,500 rental containers and over 20,000 rental boxes spread throughout its global partner network – the largest fleet of its kind in the world.

The jury around Prof. Dr. Nikolaus Franke (Professor for Entrepreneurship and Innovation at the Vienna University of Economics and Business Administration) emphasized the special innovative activity of va-Q-tec in its statement: “The successful combination of research and entrepreneurial spirit of the top management enables innovative impulses on all levels and continuously spurs itself and the 500 employees worldwide to top performances. Various measures focus on promoting internal communication and exchange with external partners and customers. When managing the innovation activities, it is also noticeable that extensive organizational freedom is granted. This makes it possible to react flexibly to changing conditions. Overall, the company has found the ideal mix of methods and structures in innovation management.”

Dr. Joachim Kuhnm, CEO and founding member of va-Q-tec’s: “If you always follow in the footsteps of others, you can never overtake them – the extraordinary culture of innovation is a cornerstone of va-Q-tec’s success. Being awarded the TOP 100 Innovator of the Year shows that we are on the right track – but it also shows the potential for further innovation potential. We are very proud of this success!”