About us

With the founding of Kraken Innovations GmbH on 19 February 2021, the starting signal was given for the continuous development of the already patented coaxial gearbox and thus the reformation of existing drive systems. The goal is a symbiosis of hardware and software for a networked industry.


The team has been employed since summer 2021 and is pushing development within the innovation-driven, open culture.


For the further realisation of the technology, projects, analyses and tests are carried out together with existing and new partners.


Jul 20

Patent registration No. 2 – Getriebemotor

With priority 28.07.2020, the patent “Getriebemotor”  was registered at the Austrian Patent Office. The patent includes an electric motor into the gear structure.

Jun 20

AWS Funding

The project “Smart Gear” was initially funded by the Institute of Production Engineering (TU Graz) and subsequently by the AWS funding “large prototype funding”. Hence, Kraken Innovations GmbH could develop the innovative gear technology thoroughly.

Jul 19

Patent registration No. 1 – Koaxialgetriebe

A patent for the innovative gearing concept with pistons as transmission elements was filed with the Austrian Patent Office on 26.7.2019 (priority date).

Jul 19

1st place Gründungsgarage Vol.XII

With the support of “Gründungsgarage”, the academic startup accelerator of TU Graz, a business model was developed together with mentors. The idea clearly convinced the jury in the final pitch and was chosen as the winner of Volume XII 2019.

Jan 19

The idea for the gearbox

The idea for a new, revolutionary gearbox, the “Smart Gear”, was initiated by Michael Michelitsch and Philipp Eisele. It started within their Master’s studies at Graz University of Technology at the beginning of 2019. The initial considerations were quickly transformed into a clear vision.