Category Archives: Technology

Technology Press Releases & News distributed via EuropaWire

Accenture Acquires Arηs Group to Expand European Tech Services

(IN BRIEF) Accenture has completed its acquisition of Arηs Group, a Luxembourg-based technology services provider, enhancing its capabilities in both public and private sector transformations across Europe. Announced in March 2024, the acquisition adds over 2,330 specialists in software development, … Read the full press release

Accenture Research Reveals Profitability Boost from Mature Supply Chains and AI Integration

(IN BRIEF) A new Accenture report reveals that companies with the most mature supply chains are 23% more profitable than their peers, largely due to their extensive use of AI and generative AI. The study, which analyzed 1,148 companies across … Read the full press release

Covestro Advances Circular Economy with Innovative Product Design Solutions

(IN BRIEF) Covestro is championing the circular economy by integrating sustainable design principles into product development. Recognizing the significant environmental impact of product design, Covestro leverages its expertise in high-performance materials to guide customers in adopting circular design practices. Their … Read the full press release

GTT Strategic Ventures Invests in Finnish Maritime Software Company Seaber.io

(IN BRIEF) GTT Strategic Ventures, alongside Counterview Capital, Lifeline Ventures, and Tesi, has invested in Finnish maritime software company Seaber.io. Based in Helsinki, Seaber.io specializes in digitalizing scheduling and chartering for bulk shipping, utilizing AI and machine learning for real-time … Read the full press release

MTU Aero Engines Showcases Zero-Emission Flight Technologies at Farnborough Airshow

(IN BRIEF) MTU Aero Engines is celebrating its 90th anniversary at the Farnborough International Airshow with a focus on revolutionary propulsion technologies. Highlighting innovations aimed at zero-emission flight, MTU will showcase its Water-Enhanced Turbofan (WET) and Flying Fuel Cell™ (FFC) … Read the full press release

Symrise Celebrates 70 Years of Sun Protection Innovation

(IN BRIEF) Symrise is celebrating its 70-year legacy of sun protection innovation as part of its “150 shades of innovation” campaign, honoring the 150th anniversary of its founding father Wilhelm Haarmann’s first patent. The company has pioneered advancements in UV … Read the full press release

Mercedes-Benz Trucks Tests eActros 600 Prototype for Long-Distance Haulage

(IN BRIEF) Mercedes-Benz Trucks has demonstrated the capabilities of its near-production eActros 600 prototypes on typical long-distance routes. The eActros 600 features an aerodynamic ProCabin, powerful acceleration, smooth driving, and advanced recuperation systems, alongside safety technologies like Predictive Powertrain Control … Read the full press release

Expanded Partnership Between Just – Evotec Biologics and Sandoz Enhances Biosimilar Development and Supply Security

(IN BRIEF) Just – Evotec Biologics and Sandoz have expanded their strategic partnership to advance the development and commercial manufacturing of biosimilars. This enhanced collaboration includes additional biosimilars in Sandoz’s pipeline and ensures long-term supply through Just – Evotec Biologics’ … Read the full press release

SGW Global Appoints Telcomdis as the Official European Distributor for Motorola Nursery and Motorola Sound Products

SGW Global (SGW) is delighted to announce the appointment of Telcomdis as the official distributor for Motorola Nursery and Motorola personal audio products across Europe, including the UK. (IN BRIEF) SGW Global has appointed Telcomdis as the official distributor for … Read the full press release

Siemens Achieves EcoVadis Platinum Rating for Sustainability Excellence

(IN BRIEF) Siemens has attained the prestigious EcoVadis Platinum rating with an impressive score of 80 points, placing it among the top one percent of over 73,000 companies globally assessed. This recognition marks a significant advancement from Silver in 2021 … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release

Vodafone UK Unveils Secure Net Home: Enhanced Digital Security and Parental Controls for Pro II Broadband

(IN BRIEF) Vodafone UK has introduced Secure Net Home, a new digital security solution for Pro II broadband users. The service offers advanced parental controls for over 150 connected devices, enabling features such as ‘Pause the Internet,’ ‘Focus Time,’ and … Read the full press release

Siemens Mobility to Modernize Berlin U5 and U8 Metro Lines with Advanced CBTC Technology

(IN BRIEF) Siemens Mobility has secured a contract with Berliner Verkehrsbetriebe (BVG) to implement a Communications-Based Train Control (CBTC) system on Berlin’s U5 and U8 metro lines. The Trainguard MT CBTC solution will enable semi-automated operations by 2029 on the … Read the full press release

Telefónica Tops Social Responsibility Rankings in Global ICT Sector

(IN BRIEF) Telefónica has been recognized as the world’s most socially responsible technology company in the first Social Ranking 2024 by the World Benchmarking Alliance (WBA). Out of 173 ICT companies assessed, Telefónica’s strong performance in human rights, decent work … Read the full press release

Vodafone UK and Virgin Media O2 Extend Network Sharing Agreement, Enhancing UK Mobile Market

(IN BRIEF) Vodafone UK and Virgin Media O2 have extended and enhanced their mobile network sharing agreement for over a decade, aimed at improving mobile coverage and service quality across the UK. The agreement, contingent on regulatory approval for Vodafone … Read the full press release

Vodafone Business and LSE Report Highlights Trust Gap Between Businesses and Customers

(IN BRIEF) A joint study by Vodafone Business and the London School of Economics has uncovered a significant “Trust Gap” between businesses and their customers, averaging 11 percentage points across global markets. This gap highlights businesses’ underestimation of the importance … Read the full press release

BASF and Graphit Kropfmühl Partner to Reduce Carbon Footprint in Graphite Production

(IN BRIEF) BASF and Graphit Kropfmühl have entered a partnership to reduce the carbon footprint of graphite produced at Graphit Kropfmühl’s Hauzenberg site by at least 25% using renewable energy certificates. This reduced-carbon graphite will be used in BASF’s Neopor® … Read the full press release

Siemens and Boson Energy Partner to Transform Non-Recyclable Waste into Green Hydrogen

(IN BRIEF) Siemens AG and Boson Energy have signed a Memorandum of Understanding to collaborate on converting non-recyclable waste into clean hydrogen energy. Utilizing Siemens’ advanced technology and consultancy services, including automation and digitalization from the Siemens Xcelerator portfolio, the … Read the full press release

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2023 financial year

(IN BRIEF) Digi Communications N.V., a leading European telecommunication services provider, has released detailed instructions for the payment of a 1.25 lei per share dividend for the 2023 financial year. The dividend will be paid on 22 July 2024 to … Read the full press release

Lindner Group Showcases Innovative Fire Protection Solutions at FeuerTrutz 2024

(IN BRIEF) The Lindner Group showcased a range of innovative fire protection solutions at this year’s FeuerTrutz exhibition held at the Nuremberg exhibition center from June 26th to 27th. Drawing an international audience of approximately 6,300 visitors from 44 countries, … Read the full press release

Thales Boosts Rocket Production at Belgian Site to Strengthen European Defense

(IN BRIEF) Thales Belgium has inaugurated a new assembly line at its Herstal facility, marking a significant expansion in the production of 70-mm laser-guided rockets. Supported by a €20 million investment and government backing, including from the Walloon Region and … Read the full press release

Sainsbury’s Pioneers AI Veterinary Technology to Enhance Dairy Cow Welfare

(IN BRIEF) Sainsbury’s has introduced advanced AI veterinary technology in partnership with Vet Vision AI to enhance dairy cow welfare on its farms. This innovative system uses cameras to monitor cow behavior continuously, providing real-time insights that help identify early … Read the full press release

Stella International Implements CCH Tagetik CPM Platform for Financial Transformation

(IN BRIEF) Stella International Holdings Limited has partnered with Wolters Kluwer to implement the CCH Tagetik Corporate Performance Management (CPM) software, aiming to digitally transform its finance operations. This strategic move replaces manual financial processes with automated budgeting, forecasting, and … Read the full press release

SWU Verkehr Introduces State-of-the-Art Mercedes-Benz eCitaro G Buses for Ulm and Neu-Ulm

(IN BRIEF) SWU Verkehr, serving Ulm and Neu-Ulm, has introduced the first two out of 14 Mercedes-Benz eCitaro G buses, marking a significant step towards sustainable urban mobility. These electric articulated buses, equipped with advanced NMC3 batteries for enhanced energy … Read the full press release

CompuGroup Medical (CGM) Achieves C5 Attestation for Cloud Services in Germany

(IN BRIEF) CompuGroup Medical (CGM) has achieved C5 attestation (Type 1) for its cloud services in Germany, complying with the rigorous standards set by the German Federal Office for Information Security (BSI). Effective from May 31, 2024, an independent auditing … Read the full press release

DNV to Utilize Advanced Lidar Technology at Bay of St. Brieuc Offshore Wind Farm

(IN BRIEF) DNV has been chosen by the Iberdrola Group to conduct power curve verification using advanced nacelle lidar technology at the Bay of St. Brieuc offshore wind farm in Brittany. This project, featuring 62 turbines with a capacity of … Read the full press release

Yann d’Hervé Takes Helm of Evonik’s Health Care Business

(IN BRIEF) Yann d’Hervé has been appointed to lead Evonik’s Health Care business line starting July 1st, transitioning from his previous role as Head of Care Solutions within the Nutrition & Care division. With extensive experience spanning various global leadership … Read the full press release

BASF and Mercedes-Benz Win Innovation Award for Advanced Automotive Foam Technology

(IN BRIEF) BASF and Mercedes-Benz have been awarded second place in the “Enabler Technology” category at the 2024 SPE Automotive Awards for their joint development of Ultramid® Expand polyamide particle foam. This innovative foam, part of the Mercedes-Benz VISION EQXX … Read the full press release

Lightsource bp Harnesses AI to Revolutionize Renewable Energy Solutions

(IN BRIEF) AI is crucial in scaling up the renewable energy industry, with Lightsource bp leveraging AI to address challenges like grid stability and asset protection. AI supports accurate forecasting, risk mitigation from extreme weather, and optimized site design. Lightsource … Read the full press release

Rheinmetall and SLR Giesserei Partner on Eco-Friendly District Heating System to Slash CO2 Emissions

(IN BRIEF) Rheinmetall and SLR Giesserei are collaborating on a district heating system at the KS Gleitlager site in St. Leon-Rot, expected to save up to 800 tonnes of CO2 annually. The system will utilize waste heat from the foundry, … Read the full press release

TUM Entrepreneurship Day Celebrates Munich’s Innovative Start-ups with Prestigious Awards

(IN BRIEF) The TUM Entrepreneurship Day celebrated Munich’s innovation ecosystem, highlighting achievements of local start-ups. Reverion won the TUM Presidential Entrepreneurship Award for its high-efficiency biogas power plant. Finalists included Planet A Foods, with a sustainable chocolate alternative, and RobCo, … Read the full press release

University of Liverpool and LUHFT Launch Dr Ronald Finn Fellowships to Advance Clinical Research

(IN BRIEF) The University of Liverpool and Liverpool University Hospitals NHS Foundation Trust (LUHFT) launched the Dr Ronald Finn Fellowships on June 24, 2024. The initiative honors the late Dr. Ronald Finn and introduces five fellows who will undertake significant … Read the full press release

Vestas Wins 114 MW Wind Turbine Contract for Germany’s Ahlum-Dettum Project

(IN BRIEF) Vestas has secured a 114 MW contract from SAB WindTeam for the Ahlum-Dettum wind project in Lower Saxony, Germany. The order includes the supply, delivery, and commissioning of 17 V162-6.2 MW and two V136-4.2 MW wind turbines, along … Read the full press release

Digi Communications N.V. announces the granting of conditional stock options to Executive Directors of the Company based on the general shareholders’ meeting approval from 25 June 2024

(IN BRIEF) Digi Communications N.V. has granted conditional stock options to its Executive Directors following the general shareholders’ meeting approval on 25 June 2024. The grants include 80,000 options for Mr. Serghei Bulgac and 60,000 for Mr. Valentin Popoviciu, subject … Read the full press release

Saab Secures SEK 2.6 Billion Contract for Third GlobalEye Aircraft with Swedish Defence

(IN BRIEF) Saab has finalized a contract with the Swedish Defence Materiel Administration (FMV) for the delivery of a third GlobalEye airborne early warning and control aircraft, valued at approximately SEK 2.6 billion. This agreement, extending from 2024 to 2029, … Read the full press release

Nokia Plans EUR 350 Million Sale of ASN Submarine Networks Business to French State

(IN BRIEF) Nokia has entered into an agreement to sell its Alcatel Submarine Networks (ASN) business to the French State’s Agence des participations de l’Etat (APE) for EUR 350 million. This strategic move aims to streamline Nokia’s Network Infrastructure portfolio, … Read the full press release

Holcim Expands Global AI Integration Across 100+ Plants to Enhance Operational Efficiency

(IN BRIEF) Holcim is accelerating its adoption of Artificial Intelligence (AI) across its global manufacturing network, with plans to implement AI at over 100 plants worldwide by 2028. Already operational at 45 sites to predict and prevent failures, Holcim aims … Read the full press release

Thales Alenia Space Advances ASCEND Study for Space-Based Data Centers in European Green Initiative

(IN BRIEF) Thales Alenia Space has announced significant progress in the ASCEND (Advanced Space Cloud for European Net zero emission and Data sovereignty) feasibility study, funded by the European Commission under Horizon Europe. The initiative explores the viability of space-based … Read the full press release

KUKA and Swisslog Showcase AI Advancements in Robotics and Logistics, Addressing Challenges in Automation

(IN BRIEF) KUKA and Swisslog recently highlighted advancements in AI integration for robotics and logistics during a virtual press conference. KUKA showcased an AI chatbot simplifying robot programming through voice commands, while Swisslog presented ItemPiQ, an AI-driven robot enhancing product … Read the full press release