Astro HQ Wins The 2015 Minnesota Cup Grand Prize

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RongeHigh Tech division winner Astro HQ was crowned the overall winner of this years annual Minnesota Cup business competition just moments ago.

This victory rewards them with a total of $80k cash and plenty of deserved recognition within the entrepreneurial community.

Their product, Astropad, turns the iPhone & iPad into robust graphics tablet by interfacting directly with Photoshop using their proprietary LIQUID wireless display technology. Launched this February by former Apple engineers Matt Ronge (above) & Giovanni Donelli, it has since topped 65k downloads.

working-together

Ronge says that they will continue to capitalize on their momentum as Apple’s new larger iPad + Pencil comes to market, as announced earlier today.

Their largest competitor is Asian manufacturing company WACOM, with estimated annual product sales in the realm of $300m and an 85% market share.  This represents a lucrative niche ripe for disruption by a stronger performing and lower cost solution with broad appeal to a creative demographic loyal to the Apple experience.

The duo has boostrapped their company so far with the assistance of two full time employees, and say that raising a round of capital may be necessary sooner than later to reach the next level of their potential.

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Comments

  • http://paulprins.net Paul Prins

    Awesome outcome for a great product, and team. Love seeing the High Tech division take the win this year too. Thanks for doing us all proud Matt

  • http://about.me/chuckumentary Chuckumentary

    Congrats!

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