Schaeffler says it is a new anchor partner to the Stuttgart-based Startup Autobahn innovation platform.

The platform teams established companies and start-ups together with the objective of developing new technologies and bringing them to market readiness more rapidly.

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As an anchor partner, Schaeffler is establishing a network together with various start-ups which span the company’s innovation clusters: Hydrogen and Energy Transition; Electric and Automated Mobility; Robotics and IoT; Bearing Technologies; Material and Surface Science and Artificial Intelligence.

“As a global automotive and industrial supplier, we want to pioneer motion to advance how the world moves,” said Schaeffler CTO, Uwe Wagner. “Startup Autobahn is perfect for Schaeffler and is an important milestone in our innovation strategy.

“Our strategic cooperation with start-ups enables us to identify growth markets, enhance our core business together with strong partners and offer innovative, sustainable future technologies.”

Startup Autobahn, which was founded in 2016 and now includes more than 30 partners, offers a network of 30,000 start-ups. Since the platform was established, more than 320 pilot projects have been developed.

In addition to its headquarters in Stuttgart, the network also has locations in China, India and Singapore.

“As a leading global supplier to the automotive and industrial sectors, Schaeffler brings over seven decades of expertise in motion and mobility to the table,” added Startup Autobahn co-initiator and Plug & Play MD, Sascha Karimpour.

“It is clear their diverse product and system portfolio will enable valuable opportunities to start-ups. In collaboration with start-ups, OEM’s and other partners new ideas and technologies can be developed to the next level for implementation into new services, products and processes.”

Managers and experts from Schaeffler’s specialist departments select the appropriate start-ups based on the innovation clusters. Pilot projects are then collaboratively developed and, in the next stage, presented to an audience at the twice-annual Expo Day event.

The objective is to work together in the continued development of the pilot projects to achieve market readiness.