STILFOLD Joins RISE Circular Business Lab!
29 October 2024, 09:58
STILFOLD, an innovative leader in sustainable design and technology, is excited to announce its membership in the RISE Circular Business Lab. This collaboration aims to pioneer future adaptive design strategies that will drive the transition to a circular economy using STILFOLD’s groundbreaking folding technology.
Advancing Sustainable Mobility through Future Adaptive Design
The partnership with RISE Circular Business Lab positions STILFOLD at the forefront of designing products with extended lifecycles. By focusing on robustness, flexibility, and upgradability, STILFOLD intends to reduce business risks associated with circular business models.
“Joining the RISE Circular Business Lab is a significant step for STILFOLD in our mission to create sustainable, long-lasting products,” said Jonas Nyvang, CEO at STILFOLD. “Through future adaptive design, we can ensure our products remain attractive and functional over extended periods, providing value to both our customers and the environment.”
Extending Product Life to Reduce Environmental Impact
Circular business models that emphasize long product lifetimes and high utilization rates offer opportunities for increased profitability and reduced environmental impact. However, they often come with business risks due to revenues being spread over longer timeframes and products potentially becoming outdated. RISE and STILFOLD’s approach to future adaptive design addresses these challenges by creating products that can be easily updated and maintained, thus retaining their value and appeal.
Collaborative Innovation with Proven Methods
RISE brings extensive experience and proven methods in future adaptive design, having worked with partners across multiple sectors. Together, STILFOLD and RISE will aid companies with:
- Joint Development: Co-create new products
- Pilot Programs: Test the technology on a small scale.
- Implementing Cross-Platform Integration: Drive sustainable production and scaling of solutions.