A TRIPLE TRIUMPH FOR A SERBIAN INVENTOR: Veljko Milković Wins Grand Prize at Innovation Week Awards IWA 2026
MILKOVIC’S INVENTION IS STUDIED IN AFRICA: Oscillator and Mathematical Modeling in the Rwandan Education System
May 11, 2026Novi Sad-based academician and inventor Veljko Milković has achieved a historic success at the prestigious international competition Innovation Week Awards IWA 2026 — where his renowned invention, the two-stage mechanical oscillator, earned him three high international distinctions, including the Grand Prize, the highest honor of the entire edition.
What Is Innovation Week Awards?
Innovation Week Awards (IWA) is a leading international competition program for innovators, organized by OFEED — a global innovation hub founded in 2016, with a mission to connect innovators from around the world through events, platforms, and opportunities that transform ideas into real impact. To date, OFEED has organized more than 90 international events and recognized over 3,000 finalists and winners from more than 70 countries and regions worldwide. IWA is their most prestigious program — 21 editions have been held so far, and 2026 marks a special milestone: IWA 2026 is also a celebration of OFEED's tenth anniversary.
The IWA 2026 edition ran from June 1 to June 7, 2026. In their opening statement, the Organizing Committee noted: "We extend our sincere appreciation to all inventors, researchers, students, startups, universities, institutions, jury members, experts, and global partners who contributed to this international celebration of creativity, innovation, and positive impact."
Three Recognitions — Each Greater Than the Last
On the IWA 2026 award results list, Veljko Milković's name appears on three separate rosters.
The first and greatest is the Grand Prize Winner — the highest distinction of the entire edition, reserved for the invention that achieved the most outstanding result among all participants. Milković's project, submitted under the title Two-Stage Oscillator, A Mechanical Amplifier of Clean Energy, on behalf of the Veljko Milković Research and Development Center from Serbia, was declared the sole winner in this exclusive category.
In addition to the Grand Prize, Milković was also included on the Top 20 Gold Medals list — a special roster highlighting the twenty most outstanding gold medal achievements by overall score in the entire edition, confirming that his invention ranked among the twenty best innovations across the whole competition.
Finally, the Serbian inventor was also named among the Top 100 Master of Innovation — a prestigious register recognizing one hundred remarkable innovators from around the world.
All three distinctions together paint a clear picture: in a field of hundreds of innovations and inventors from across the globe, the jury placed the two-stage mechanical oscillator firmly at the top.
What Is the Two-Stage Mechanical Oscillator?
At the heart of all these recognitions lies an invention Milković has been developing and refining for decades. The two-stage mechanical oscillator is a deceptively simple yet revolutionary device consisting of just two main components — a massive lever and a pendulum. Their interaction creates a mechanical amplifier of clean energy: input energy is multiplied many times over at the output, and the resulting mechanical work can drive hammers, water pumps, presses, electric generators, and a range of industrial devices — with exceptional efficiency and zero harmful emissions.
The oscillator is protected by patents, and Milković's pendulum-drive technology is already applied in industrial production worldwide. Scientists and engineers from every continent — from India and Rwanda to the United States and Europe — are studying, replicating, and building upon this invention, and it has served as the foundation for numerous undergraduate, master's, and doctoral theses at international universities.
A String of International Successes Built on Decades of Work
The IWA 2026 Grand Prize comes as the crowning achievement in a series of significant international honors in recent years. In February 2026, at the Energy Evolution Conference, Awards & Expo in Dubai, Milković was named one of the leaders of excellence in energetics and received the Energy Evolution Award for his contribution to innovation in sustainable technologies. In 2024, the Tesla Science Foundation from the United States awarded him the Tesla Spirit Award for realizing Tesla's vision of using gravity as a driving force, and at a major international innovation competition in Canada, the two-stage mechanical oscillator was named one of the ten best inventions in the world. Earlier, his innovation was also listed among the 100 most promising energy technologies in the world by the New Energy Congress (USA, 2006).
Milković himself has said of his invention:
This prestigious award shows that clean energy technologies, such as the two-stage mechanical oscillator, have a bright future — because every day, independent researchers around the world are proving my thesis that oscillations are more efficient than rotations.
Even in his eighth decade, Milković has not stopped working on new projects — his most recent patent, an electrogenerator with magnets driven by a two-stage oscillator, was filed in late 2024. The global reach of his ideas is perhaps best illustrated by the fact that in Rwanda, his technology was recently incorporated into the official mathematics and laboratory research handbook used in the national education system.
The awards ceremony is yet to take place. Full results of the IWA 2026 edition are available at the organizer's official website: iwa-universal.com.
