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Latest / Hardware Startups with Fexingo: Devices, Robotics, and Manufacturing Tech Companies

How Hardware Startups Are Using Digital Twins to Slash Iteration Costs

In this episode of Hardware Startups with Fexingo, Lucas and Luna explore how digital twins are transforming hardware development. Using the example of a drone startup that saved 70% on prototyping costs by simulating flight dynamics before building physical models, they discuss the software tools driving this shift—from Ansys Twin Builder to open-source options like OpenModelica. Lucas breaks down the math: each physical prototype can cost $5,000 to $20,000, while a digital twin iteration is essentially free after initial setup. They also cover how companies like Tesla and Siemens use…

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