On 29 November 2007 SkySails became the only German company to be awarded the title of Technology Pioneer 2008 by the World Economic Forum.
The Technology Pioneers program is the World Economic Forum's means of identifying and integrating those companies around the world that are involved in the design and development of new technologies. Each innovation, whether it has large or small consequences, is another step in society's attempt to harness, adapt and utilize technology to change and improve the way business and society operate.
The Technology Pioneers are innovator companies that are developing and applying the most innovative and transformational technologies. Their cutting-edge work represents an enormous resource of entrepreneurial talent. This dynamic group is at the forefront of change in the sectors of biotechnology, health, energy and environment and information technologies.
Every year the World Economic Forum recognizes between 30 and 50 companies as Technology Pioneers. So far 391 companies from around the world have been conferred the title.