Category Archives: Technology

Technology Press Releases & News distributed via EuropaWire

Maersk Halifax Becomes Industry’s First Large Vessel Converted to Dual-Fuel Methanol Operation

(IN BRIEF) Maersk has retrofitted the Maersk Halifax into the industry’s first large dual-fuel vessel capable of operating on methanol, completed in 88 days at Zhoushan Xinya Shipyard, China. The conversion, led by MAN Energy Solutions, involved replacing engine components, … Read the full press release

Alstom Completes Cavite Extension of Manila’s LRT-1, Boosting Urban Mobility in the Philippines

(IN BRIEF) Alstom has completed the Cavite Extension of Manila’s Light Rail Transit Line 1 (LRT-1), marking its first fully integrated metro project in the Philippines. The 6.2-kilometer extension, with five new stations, reduces travel time between Baclaran and Bacoor … Read the full press release

Barco Unveils Cutting-Edge Simulation Projectors at I/ITSEC 2024, Highlighting Versatile Training Solutions

(IN BRIEF) Barco is set to showcase its latest advancements in simulation projection technology at I/ITSEC 2024 in Orlando, Florida. The company will debut two new projectors—the entry-level I600, offering 4K UHD resolution at 120 Hz, and the high-end F400-N4K, … Read the full press release

Repurposing Drugs to Tackle Antimicrobial Resistance: Insights from University of Helsinki Research

(IN BRIEF) In his doctoral research at the University of Helsinki, Matej Zore demonstrated the potential of repurposing the drugs fingolimod and etrasimod, originally developed for autoimmune diseases, to combat antimicrobial resistance (AMR). These drugs showed notable efficacy against drug-resistant … Read the full press release

TUM Researchers Harness Nature’s Rhythms to Revolutionize Robotic Efficiency

(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed a tool that enables robots to replicate the energy-efficient movement patterns of humans and animals. By leveraging “intrinsic dynamics,” the natural oscillations that make human and animal motion … Read the full press release

Enemalta Partners with Siemens to Revolutionize Malta’s Grid with Predictive Energy Management

(IN BRIEF) Enemalta, Malta’s leading energy provider, is partnering with Siemens to enhance its grid infrastructure using the Gridscale X software platform. This innovative system will enable predictive management, reduce outages, and optimize grid operations for over 450,000 residents. The … Read the full press release

Skanska Expands Hyperscale Data Center Project in Norway with Additional NOK 569M Contract

(IN BRIEF) Skanska has entered a NOK 569 million contract with WS Computing AS to construct the core and shell of a hyperscale data center in Skien, Norway. This deal builds on an earlier NOK 1.1 billion contract, bringing the … Read the full press release

Enea AB Announces Teemu Salmi as Incoming CEO to Lead Next Growth Phase

(IN BRIEF) Enea AB has named Teemu Salmi as its new President and CEO, effective April 1, 2025. Salmi, currently CEO of Nixu Corporation, brings extensive experience in telecom and cybersecurity, with a history of leadership roles at Ericsson and … Read the full press release

Sunrise Communications Debuts on SIX Swiss Exchange as an Independent Company

(IN BRIEF) Sunrise Communications AG, a Liberty Global spin-off, has officially listed its Class A shares on the SIX Swiss Exchange under the ticker “SUNN,” debuting at CHF 44.75 per share with a market capitalization of CHF 3.2 billion. The … Read the full press release

India Eyes Satellite Tolling to Combat Traffic Woes and Pollution with Sustainable Solutions

(IN BRIEF) India is exploring satellite tolling as a sustainable solution to combat traffic congestion, air pollution, and declining road maintenance resources. Using GPS, Galileo, and other satellite systems, this advanced tolling technology enables real-time, distance-based vehicle charges without extensive … Read the full press release

PUMA Celebrates African Heritage with Launch of National Team Kits

(IN BRIEF) PUMA has launched Home and Away kits for Egypt, Côte d’Ivoire, Morocco, Senegal, and Ghana, blending cultural heritage and cutting-edge performance. Each kit reflects national identity, with designs inspired by historical and cultural elements like Egyptian Pharaohs, Moroccan … Read the full press release

Almost 1 in 4 Planes Sold in 2045 to be Battery Electric, Finds IDTechEx Sustainable Aviation Market Report

(IN BRIEF) A report by IDTechEx forecasts that nearly 25% of planes sold in 2045 will be battery-electric, despite challenges like battery weight, limited range, ownership costs, and variable carbon reduction depending on energy grid sources. Current batteries are 40 … Read the full press release

Amundi Acquires German Fintech aixigo to Strengthen Digital Solutions for Wealth Management

(IN BRIEF) Amundi has acquired German fintech company aixigo for €149 million, integrating its modular, API-driven technology platform into Amundi Technology. This acquisition expands Amundi’s digital services for banks and wealth managers, aiming to enhance operational efficiency and personalized financial … Read the full press release

EIB Global Partners with Azerbaijan to Modernize Baku’s Metro and Boost Sustainable Urban Transport

(IN BRIEF) EIB Global and Azerbaijan have signed a Memorandum of Understanding (MoU) to support the modernization and expansion of Baku’s metro system, aiming to improve urban mobility and reduce emissions. With technical assistance from EIB Global, Azerbaijan’s Ministry of … Read the full press release

New EIBG and Solar Impulse Initiative Helps European SMEs Boost Energy Efficiency and Cut Costs

(IN BRIEF) The European Investment Bank Group (EIBG), European Commission, and Solar Impulse Foundation have partnered to launch an initiative supporting small and medium-sized enterprises (SMEs) in Europe with energy efficiency investments. By facilitating access to clean technologies through innovative … Read the full press release

EIB Group Backs Europe’s First Solar ABS with €100M Investment, Expanding Access to Affordable Clean Energy

(IN BRIEF) The European Investment Bank (EIB) Group has invested €100 million in Europe’s first public solar asset-backed securitisation (ABS) led by German green tech company Enpal. This groundbreaking transaction, valued at €240 million, enables Enpal to refinance residential solar … Read the full press release

EIB Supports De Watergroep’s €350M Initiative to Modernize and Expand Flanders’ Drinking Water Network

(IN BRIEF) Flemish water utility De Watergroep has secured a €350 million loan from the European Investment Bank (EIB) to modernize Flanders’ drinking water infrastructure. The funding supports a comprehensive 2023-2038 plan aimed at reducing water leakage, expanding the network … Read the full press release

Aurubis Enhances Recycling Efficiency with €40M Investment in On-Site Oxygen Production at Lünen Plant

(IN BRIEF) Aurubis is investing €40 million to build an on-site air separation unit at its Lünen recycling plant in North Rhine-Westphalia, enabling the independent production of high-purity oxygen and nitrogen. This unit will boost production efficiency, reduce dependency on … Read the full press release

Eviden Unveils BXI v3: Advanced Networking Solution to Boost AI and HPC Performance Across Europe

(IN BRIEF) Eviden, part of the Atos Group, has introduced the third generation of its BullSequana eXascale Interconnect (BXI v3), an advanced networking solution designed to tackle performance challenges in AI and high-performance computing (HPC). Developed with the French CEA, … Read the full press release

University of Liverpool Launches Digital Tool to Preserve Traditional Earth-Building Crafts in Morocco

(IN BRIEF) Researchers from the University of Liverpool’s School of Architecture have developed Heres, a digital, open-access manual documenting traditional earth-building techniques in Southern Morocco’s M’Hamid Oasis. Created in collaboration with local artisans, the manual includes videos, cultural insights, and … Read the full press release

Alder Hey Secures £1.1M NIHR Funding to Boost Pediatric Health Research in Partnership with University of Liverpool

(IN BRIEF) Alder Hey Children’s NHS Foundation Trust has secured £1.1 million from the NIHR to upgrade its advanced 3T research MRI scanner, strengthening its partnership with the University of Liverpool in pediatric health research. Matched funding for ophthalmology equipment … Read the full press release

TUM Ranked Among World’s Top Universities for Graduate Employability and Digital Expertise

(IN BRIEF) The Technical University of Munich (TUM) is highly regarded by global employers, ranking 13th in the latest Global University Employability Ranking and 4th in Europe. This distinction highlights TUM graduates’ qualifications and the university’s focus on interdisciplinary and … Read the full press release

Erste Group Honored as Leading Private Bank in Central and Eastern Europe with Multiple Industry Awards

(IN BRIEF) Erste Group’s Private Banking division has been awarded the title of “Best Private Bank in Central and Eastern Europe” by both PWM/The Banker and Global Finance, marking a significant achievement in the CEE region. Erste received a total … Read the full press release

New AI Factory from Telenor Group Accelerates AI Transformation in Nordic Industries, Welcomes Hive Autonomy as First Partner

(IN BRIEF) Telenor Group has launched its AI Factory, an initiative backed by a 100 million NOK investment to support AI-driven transformations in various industries. Powered by NVIDIA’s AI platform, the AI Factory aims to accelerate AI adoption in the … Read the full press release

SSAB Launches Strenx® Certified Fabricator Program to Boost Excellence in High-Strength Steel Fabrication

(IN BRIEF) SSAB has launched the Strenx® Certified Fabricator program to recognize top fabricators excelling in high-strength steel fabrication. This initiative connects certified fabricators, including MTL Advanced Ltd in the UK, who demonstrate exceptional quality, innovation, and sustainable practices in … Read the full press release

ASML Projects Strong Revenue Growth by 2030, Driven by EUV Technology and Expanding AI Applications

(IN BRIEF) ASML Holding N.V., during its 2024 Investor Day, outlined an optimistic long-term outlook, projecting potential revenue growth to reach between €44 billion and €60 billion by 2030, driven by advancements in EUV lithography and expanding AI applications in … Read the full press release

Stellantis Appoints Davide Grasso as Chief Heritage Officer to Strengthen Brand Legacy

(IN BRIEF) Stellantis has appointed Davide Grasso as Chief Heritage Officer, a new role dedicated to preserving and promoting the history of Stellantis’ 14 brands. Grasso will work to connect the brands’ rich legacies with future business opportunities and customer … Read the full press release

Michelle Shi-Verdaasdonk Appointed Chief Procurement Officer at Electrolux Group

(IN BRIEF) Michelle Shi-Verdaasdonk is set to return to Electrolux Group as Chief Procurement Officer, bringing a wealth of experience from her time at Dyson and Signify. In her new role, she will help steer Electrolux’s procurement strategy and supply … Read the full press release

Sunderland AFC Teams Up with Thorn and Zumtobel for Comprehensive Stadium Lighting Upgrade

(IN BRIEF) Sunderland AFC has partnered with Thorn and Zumtobel to complete a major lighting upgrade at the Stadium of Light. The installation aims to improve the matchday experience while supporting the club’s sustainability goals, providing a cutting-edge lighting solution … Read the full press release

ALLPLAN Unveils Innovative Construction Solutions at BAU 2025, Pushing the Boundaries of AI and Sustainability

(IN BRIEF) ALLPLAN’s participation in BAU 2025 will highlight its innovative tools designed to drive efficiency, sustainability, and precision in the construction industry. From AI-powered solutions to cutting-edge digital tools for existing buildings and structural design, ALLPLAN continues to lead … Read the full press release

Thales and EASTEC Renew Partnership to Support China Eastern Airlines’ Fleet Maintenance Through 2029

(IN BRIEF) EASTEC and Thales have renewed their Maintenance Partnership Agreement, ensuring continued MRO support for China Eastern Airlines’ fleet through 2029. This extension builds on a successful collaboration that started in 2018 and highlights the ongoing commitment of both … Read the full press release

Telia Recognized for Excellence in Children’s Rights by Global Child Forum

(IN BRIEF) Telia has been recognized in the Global Child Forum’s 2024 report for its outstanding contributions to children’s rights. Ranked the top Swedish company and third in the Nordic region, Telia’s efforts include initiatives focused on cybersecurity awareness, child … Read the full press release

Infineon Unveils OptiMOS 5 Linear FET 2 MOSFET, Boosting Performance and Efficiency in AI and Telecom Applications

(IN BRIEF) Infineon’s new OptiMOS 5 Linear FET 2 MOSFET enhances safe hot-swap operations in AI servers and telecom with improved SOA, reduced gate leakage, and greater design flexibility. The new device offers increased performance, efficiency, and reliability, driving innovations … Read the full press release

Digi Communications N.V. announces the release of Q3 2024 financial results

(IN BRIEF) Digi Communications N.V. reported its Q3 2024 financial results, showing significant growth across multiple markets. Consolidated revenues reached EUR 492.5 million for Q3, a 13.6% increase year-on-year, contributing to EUR 1.414 billion for the first nine months (+13% … Read the full press release

Safran Strengthens Distribution Partnership with China Aviation Supplies to Expand Sustainable Aircraft Parts Access in China

(IN BRIEF) Safran Electrical & Power and Safran Ventilation Systems have renewed their distribution partnership with China Aviation Supplies Co., Ltd., enhancing the supply of sustainable OEM aircraft parts across mainland China. This agreement, supported by Safran’s regional representatives in … Read the full press release

Port of Rotterdam Trials Digital Bunker Delivery Notes in Partnership with ZeroNorth and Vitol

(IN BRIEF) ZeroNorth, Vitol, and the Port of Rotterdam have begun a four-week pilot to test ZeroNorth’s electronic bunker delivery note (eBDN) system, aiming to improve efficiency, transparency, and data quality in bunker operations. This trial, which includes several bunker … Read the full press release

SGS Named Innovator in Verdantix Green Quadrant for Leading ESG and Sustainability Services

(IN BRIEF) SGS has been recognized as an Innovator in Verdantix’s Green Quadrant report for ESG and Sustainability Assurance Services. This endorsement, aligned with the launch of SGS’s IMPACT NOW for sustainability suite, reinforces the company’s commitment to driving sustainability … Read the full press release

SGS and SkyeBase Introduce Drone-Based Ultrasonic Tool to Transform Industrial Inspections for Safety and Efficiency

(IN BRIEF) SGS, in partnership with SkyeBase, has launched the Elios 3 UT Probe, a cutting-edge drone-mounted tool for ultrasonic thickness (UT) measurements. This technology allows safe, precise inspections in elevated or difficult-to-reach locations without the need for scaffolding or … Read the full press release

Centrica and First Bus Partner to Expand EV Charging Access, Advancing UK Fleet Decarbonisation

(IN BRIEF) Centrica and First Bus have launched a partnership granting Centrica access to First Bus’s EV charging infrastructure, beginning at the Leicester depot. This collaboration supports both companies’ emission reduction targets and allows Centrica engineers to extend service reach … Read the full press release

Metso Rebrands Sustainability Initiative as ‘Metso Plus’ to Boost Eco-Friendly Innovation and Support EU Regulations

(IN BRIEF) Metso has rebranded its Planet Positive initiative as “Metso Plus” to support customers’ sustainability goals and align with evolving EU regulations. Launched in 2021, this initiative now includes over 100 products designed to improve energy and water efficiency, … Read the full press release