May 19, 2022

Brazos County-Based Tech Company Wins Big at 2022 Texas A&M New Ventures Competition

Steve Fullhart

A company focused on magnetic gear technologies developed at Texas A&M University took home the top overall prize, the Brazos Valley Economic Development Corporation's Launch Prize and more as part of the 2022 Texas A&M New Ventures Competition (TNVC).

The $35,000 first place prize and the BVEDC's $10,000 award went to FluxWorks LLC at the conclusion of the TNVC, held May 18-19 at Kyle Field on the A&M campus. The company is the first to win the competition's top prize with technology licensed from A&M, according to event organizers.

The TNVC promotes emerging technologies’ commercialization and offers seed funding to assist companies’ efforts. It is organized and executed by the Texas A&M Engineering Experiment Station, Texas A&M Innovation Partners and The Texas A&M University System.

FluxWorks develops and manufactures magnetic gears and magnetic gear-integrated motor solutions that replace mechanical gears or direct-drive motors used in today’s market. The company is HUBZone certified.

“FluxWorks chose to take root in Bryan/College Station because of our love of this community and our desire to give back,” said FluxWorks President/CEO Bryton Praslicka. “Winning this Launch Prize confirms we made the right choice, and we want to thank the BVEDC for supporting us. This funding will kick start FluxWorks’ Phase 2 tech-to-market plan, supporting product development to get our magnetically geared motors on a drone platform to test at the Bush Combat Development Complex.”

Each TNVC, the BVEDC Launch Prize goes to a competing company with headquarters and core operations in Brazos County. Since the start of the event in 2015, organizers say 17 percent of competitors have been based locally. The prize is non-dilutive money and is meant to help accelerate the market entry of the winner.

As part of this year’s prize, the BVEDC partnered with Aggieland Business Park, which is providing a free, one-year lease on office space to the Launch Prize winner.

FluxWorks also won TNVC prizes from Stibbs & Co., Knobbe Martins, and Versa Business Partners.

“Congratulations to Bryton and the FluxWorks team on the incredible wins,” said BVEDC President/CEO Matt Prochaska. “FluxWorks is an excellent example of Aggieland’s outstanding talent and innovation. With their revolutionary, game-changing technology in magnetic gears, we are so pleased that FluxWorks has chosen to Launch, Grow and, of course, Locate here in the Brazos Valley.”

FluxWorks was one of four Brazos County-based companies taking part in the 2022 TNVC. The other three, with descriptions written by the companies and posted on the competition’s website:

  • Alula Learning is a software studio taking on Dyslexia, creating interactive educational software (games) that artfully blend “playing” with “learning” without sacrificing either. The primary focus is structured literacy education with a progression from phonemic awareness and sight works to phonics.

  • Endpoint Security Inc is securing wireless communication. The company is developing a technology for protecting wireless operational technology (OT) networks in industrial and manufacturing environments. It uses a device’s natural RF signal as a fingerprint, uniquely identifying each device for security that rivals multi-factor authentication. It can move a cybersecurity professional industry certification to the highest level of security.

  • SUHO Biotechnology envisions the next green revolution made possible by delivering environmentally friendly solutions for diseases caused by existing and emerging plant pathogens. The company will advance this vision by applying its break-through microfluidic technologies to cultivate and screen millions of soil microbes for identifying isolates that combat crop pathogens.

Endpoint Security placed third in TNVC's elevator pitch competition.

Sixteen semifinalists and four alternates were part of the 2022 TNVC, with the companies presenting their work to judges. Six moved on to the finals to showcase their work to another judge panel, plus a live audience. The managing director of the BVEDC’s Invest Brazos Valley private investor group, Amos McDonald, served as a finalist judge and also presented the Launch Prize.

Companies not moving on to the finals, including alternates, participated in the elevator pitch competition judged by the audience.

FluxWorks Wins Big at TNVC
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