Daily Archives: 20, November 2024

Empa’s DroneHub Launches Cutting-Edge Research Platform for Autonomous Flying Robots

(IN BRIEF) Empa, in partnership with Imperial College London, has launched the DroneHub, a cutting-edge research facility for autonomous flying robots designed to address infrastructure maintenance, environmental restoration, and biodiversity monitoring. The hub features specialized spaces for 3D printing repairs, … Read the full press release

Dutch Projects Awarded €1.25 Million in European Water Security Programme ‘Water4All’

(IN BRIEF) Four Dutch subprojects have been awarded €1.25 million under the European Water4All programme to improve aquatic ecosystem resilience and integration into water governance. The projects include: enhancing lake management with stakeholder input (PLURALAKES), studying peatland hydrology and ecosystem … Read the full press release

European Small and Mid-Cap Awards Honor Outstanding SMEs in Budapest

(IN BRIEF) The 12th European Small and Mid-Cap Awards, held during the SME Assembly in Budapest, celebrated exceptional SMEs that accessed capital markets through IPOs over the past two years. Organized by FESE, EuropeanIssuers, and the European Commission, the awards … Read the full press release

Saab and DSTA Expand Partnership to Advance Underwater Defense Technologies

(IN BRIEF) Saab and Singapore’s Defence Science and Technology Agency (DSTA) have expanded their partnership through a new Memorandum of Understanding (MoU) to advance underwater defense technologies. Building on a 2023 agreement, the collaboration now includes joint studies on operational … Read the full press release

Saab, Thales, and ST Engineering Unite to Modernize Singapore’s Air Traffic Management Infrastructure

(IN BRIEF) Saab, Thales, and ST Engineering have partnered to modernize Singapore’s Air Traffic Management (ATM) infrastructure through a Memorandum of Understanding signed at the Sweden–Singapore Royal Business Forum. The collaboration combines Saab’s advanced Digital Tower Suite, Thales’ ATM expertise, … Read the full press release

Continental and trinamiX Earn CES Innovation Award for Advanced Driver Monitoring Display

(IN BRIEF) Continental, in partnership with trinamiX, has won a CES Innovation Award for its Invisible Biometrics Sensing Display, which integrates advanced driver and passenger monitoring technologies invisibly behind an OLED screen. The display features 3D distance mapping for optimized … Read the full press release

Eviden Secures €60 Million Contract to Deliver Finland’s Next-Generation Supercomputer “Roihu”

(IN BRIEF) Eviden, part of the Atos Group, has secured a €60 million contract to deliver “Roihu,” Finland’s new national supercomputer, which will triple the country’s current computing capacity and significantly enhance AI performance. Built on the BullSequana XH3000 platform, … Read the full press release

Sweco to Design Landmark Hospital for Kiruna’s Relocation and Transformation

(IN BRIEF) Sweco has been commissioned by Region Norrbotten to design and plan a new regional hospital as part of Kiruna’s relocation three kilometers east due to the expansion of its iron ore mine. The hospital, expected to be completed … Read the full press release

Schroders Expands Media Relations Team After Award-Winning Year

(IN BRIEF) Schroders has strengthened its Media Relations Team with the appointments of Charlotte Banks and Jessye Brandon. Charlotte, an award-winning PR specialist and former journalist, will lead public markets PR, while Jessye, with extensive private markets expertise, will support … Read the full press release

Symrise Aims for Full Ownership of Probi to Strengthen Leadership in Health Solutions

(IN BRIEF) Symrise, a global leader in health and nutrition solutions, has made a public cash offer to acquire the remaining shares of Probi AB, a biotics solutions company listed on Nasdaq Stockholm. Already holding a 69.7% stake in Probi, … Read the full press release

Sandvik Achieves #5 Spot in Europe 500 Web Ranking and Tops Industry Category for Third Consecutive Year

(IN BRIEF) Sandvik has ranked #5 in Comprend’s 2024 Europe 500 web ranking, which evaluates the online presence of Europe’s largest companies by market capitalization, and retained its top position in the “Industrial Goods and Services” category for the third … Read the full press release

Fresenius Kabi Highlights Commitment to Combating Antimicrobial Resistance During AMR Awareness Week

(IN BRIEF) Fresenius Kabi is addressing the global threat of antimicrobial resistance (AMR), which causes millions of deaths annually, through sustainable manufacturing, improved antibiotic access, and promoting responsible use. During AMR Awareness Week, the company highlighted its commitment to reducing … Read the full press release

TRATON Charging Solutions Marks One Year of Advancing Electric Commercial Vehicle Infrastructure Across Europe

(IN BRIEF) TRATON Charging Solutions, the eMobility Service Provider for TRATON GROUP brands like Scania and MAN, has achieved significant progress in its first year, offering over 400 charging points across 150 locations in 19 European countries. It simplifies charging … Read the full press release

Scania Unveils “Complete Fleet” Digital Services for Mixed-Brand Haulage Fleets

(IN BRIEF) Scania has launched the Complete Fleet concept, a digital service enabling haulage companies to integrate and manage mixed-brand and multi-fuel fleets, including trailers, through its unified digital ecosystem. Accessible via the My Scania platform, it offers services like … Read the full press release

Siemens and Infineon Partner to Revolutionize Embedded Software for Next-Generation Vehicles

(IN BRIEF) Siemens Digital Industries Software has partnered with Infineon Technologies to integrate Siemens’ AUTOSAR-based Capital™ Embedded AR Classic software with Infineon’s advanced AURIX™ TC4x microcontrollers. This collaboration aims to create production-ready embedded ECU software for next-generation Software-Defined Vehicles (SDVs), … Read the full press release

BAE Systems Advances Multi-Class Soft-Kill System to Counter Guided Missile Threats

(IN BRIEF) BAE Systems has been awarded a follow-on contract by the U.S. Army to advance its Multi-Class Soft-Kill System (MCSKS), enhancing protection for ground combat vehicles against guided missiles and related threats. The program will further develop the laser-based … Read the full press release

Aviva Introduces Shariah Lifestyle Investment Strategy to Expand Pension Options

(IN BRIEF) Aviva has launched a Shariah-compliant lifestyle investment strategy for workplace pension members, offering automated de-risking and a target drawdown glidepath to enhance retirement planning options. Developed in partnership with HSBC Asset Management, the strategy includes three funds—Global Equity … Read the full press release

Eni Launches HPC6: A Breakthrough in Supercomputing to Accelerate Energy Transition

(IN BRIEF) Eni has launched HPC6, a cutting-edge supercomputer with a peak performance of 606 PFlop/s, ranking fifth globally and first in Europe for industrial use. HPC6 supports Eni’s decarbonization and energy transition efforts by enhancing CO2 storage research, biofuel … Read the full press release

Kjell Gruner Appointed CEO of Volkswagen Group of America, Set to Begin December 12, 2024

(IN BRIEF) Kjell Gruner has been named President and CEO of Volkswagen Group of America and CEO of the Volkswagen Brand North America, effective December 12, 2024. He replaces Pablo Di Si, who stepped down, with interim leadership by Gerrit … Read the full press release

MFB Commits €20 Million to EIF-Led Three Seas Initiative Innovation Fund to Support Central and Eastern European Businesses

(IN BRIEF) The MFB Hungarian Development Bank has pledged €20 million to the 3SI Innovation Fund, which is led by the European Investment Fund (EIF). The fund, targeting growth-stage businesses in Central and Eastern Europe, aims to raise €180 million … Read the full press release

EIB Marks 1,000 Days of War in Ukraine with €14.5 Million Support for Municipal Infrastructure in Dnipro and Mykolaiv

(IN BRIEF) In response to Ukraine’s ongoing recovery efforts, the European Investment Bank (EIB) has allocated €14.5 million in EU-backed funds to support the rehabilitation of municipal infrastructure in Dnipro and Mykolaiv. This funding will aid in the restoration of … Read the full press release

FTSE Russell Introduces FTSE MIB ESG Risk-Adjusted Index to Meet Growing Demand for ESG-Focused Market Solutions

(IN BRIEF) FTSE Russell has launched the FTSE MIB ESG Risk-Adjusted Index, which adjusts constituent weights based on ESG and carbon risks, offering a more sustainable alternative to traditional indices. The index focuses on reducing exposure to fossil fuels and … Read the full press release

DHL Global Connectedness Tracker Reveals Resilience of Globalization Amid Geopolitical Shifts

(IN BRIEF) The DHL Global Connectedness Tracker 2024 reveals that globalization remains strong, with international trade reaching near record levels. It highlights the growing role of unaligned countries in global trade, the continued expansion of information flows, and the resilience … Read the full press release

Bentley Home Opens First UAE Showroom in Dubai, Celebrating 11 Years of Luxury Design

(IN BRIEF) Bentley Home has opened its first showroom in the UAE, located in the Dubai Mall Zabeel, marking the brand’s 11th anniversary. The showroom features a selection of Bentley Home’s latest collections alongside classic pieces, all crafted with luxury … Read the full press release

Prudential Unveils AI Lab in Singapore to Drive Innovation and AI Adoption

(IN BRIEF) Prudential has launched the Prudential AI Lab in Singapore to accelerate the integration of AI technologies across its operations, aiming to enhance customer experience, streamline services, and promote innovation. The Lab will collaborate with government agencies, academic institutions, … Read the full press release