Prysmian Group
Open Innovation
Milan, Italy
About Prysmian Group
Prysmian Group is an Italian multinational that designs and manufactures cables and systems for energy and telecommunications.
How Prysmian Group works with startups
Prysmian's Open Innovation function runs co-development projects with external startups rather than only funding them, shown by its collaboration with a hyperloop-vehicle startup to design and install the motor cable, connectivity components and auxiliary cabling for the startup's magnetically levitating transport system, described by Prysmian's CEO as involving multiple Prysmian businesses and countries. The company has also run structured startup and university scouting rounds that fed into co-development contracts with selected ventures.
Source: www.prysmian.com
Areas of interest
- Sustainable transport infrastructure
- High-performance and motor cabling technology
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