WHYLOT is a French SME founded in 2011 by Dr. Romain RAVAUD, its current CEO. The company is located in the south-west part of France in Cambes a city of the department “Le Lot”. The company is specialized in the development of different products in the technical field of electromagnetism: miniature electric motors, magnetic coupling, flywheel energy storage, electromagnetic actuator. Within 4 years, WHYLOT R&D has patented 24 innovations regarding these products and remains on this IP aspect the most active company in its field of research. In February 2016, the innovative company has been winner of SME instrument phase 1 with the HERO project. The subsidy awarded by the European commission has given us the possibility to:
• Define the communication strategy;
• Perform a complete market study by segments;
• Define the industrialization and business strategy;
• Define an IP and regulatory strategy.
Those different actions have been leading us to entirely refine our business strategy and thus, our business plan.