Heliatek is joining the likes of Google, Kickstarter and Dropbox as a recipient of the World Economic Forum’s “technology pioneers” award, which is presented to the world’s most innovative companies.

The Dresden, Germany-based company won the award for its flexible photovoltaic (energy-producing) solar film, which is less than 1 millimeter thick and was commercialized in July 2014.

The company was chosen by a professional jury among hundreds of candidates as one of the 49 selected companies and was the only German company to do so.

“We are delighted to be recognized by The World Economic Forum as a Technology Pioneer,” says Thibaud Le Séguillon, CEO. “We have developed groundbreaking technology and [a] manufacturing process that will have a significant impact on the way energy is produced. By integrating our solar films to building facades, we turn these into localized power stations.”

The Technology Pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs, venture capitalists and corporate executives.