Tag Archives: partnership

Sanofi and Orano Med Partner to Drive Development of Advanced Radioligand Cancer Therapies

(IN BRIEF) Sanofi and Orano Med have partnered to accelerate the development of next-generation radioligand therapies (RLTs) for rare cancers. By combining their expertise, they aim to advance treatments using lead-212 (212Pb) alpha-emitting isotopes, which target and destroy cancer cells … Read the full press release

HENSOLDT to Provide Advanced Radar Systems to Boost Australia’s Air Surveillance and Space Operations

(IN BRIEF) HENSOLDT has secured a contract with Space Centre Australia (SCA) to deliver two high-performance Air Surveillance Radar – Next Generation (ASR-NG) systems and provide a 20-year sustainment plan. The radar systems will enhance airspace management in Australia, supporting … Read the full press release

SEDEMAC Leverages Siemens Xcelerator to Streamline Electric Vehicle Motor Control Development

(IN BRIEF) SEDEMAC has adopted Siemens’ Xcelerator portfolio, including Polarion™ X and Teamcenter® X software, to streamline the development of its motor control units for electric vehicles, hybrids, eBikes, and power tools. By integrating these tools, SEDEMAC aims to enhance … Read the full press release

Green Mobility Partners Enters European Leasing Market with Siemens Mobility’s Vectron Locomotives

(IN BRIEF) Green Mobility Partners, a new player in the European locomotive leasing market, has ordered up to 50 Vectron MS locomotives from Siemens Mobility, with an initial purchase of eight units. The Vectron locomotives, known for their cross-border travel … Read the full press release

Plenitude Begins Construction on 220 MW Solar Facility in Salamanca, Enhancing Spain’s Renewable Energy Capacity

(IN BRIEF) Plenitude has commenced construction on a 220 MW solar power plant in Villarino de los Aires, Salamanca, which will be one of the largest in the Castilla y León region. The project, expected to produce over 400 GWh … Read the full press release

EIF Commits €100 Million to Boost Green Energy Projects in Scandinavia through Prime Capital Fund

(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release

New €86M EIF and Malta Initiative to Boost SME Competitiveness and Unlock €60M in Investments

(IN BRIEF) The European Investment Fund (EIF) and the Government of Malta have launched a new €86 million initiative to support small and medium-sized enterprises (SMEs) in Malta. The first phase involves a €30 million guarantee through Bank of Valletta, … Read the full press release

EIB and KCB Partner to Boost Kenyan SMEs, Empower Women and Youth with €230M Investment

(IN BRIEF) The European Investment Bank (EIB Global) and KCB Bank Kenya have formed a €230 million (KShs. 32 billion) partnership to support small and medium enterprises (SMEs), with a focus on women and youth-led businesses in Kenya. The investment, … Read the full press release

EIB Backs Vay’s Expansion of Remote-Driven Car-Sharing in Europe with €34 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to Vay, a German teledriving technology company, to support its expansion in Europe. Vay’s innovative system allows vehicles to be remotely driven by trained drivers from a … Read the full press release

Stadler Partners with SZU to Modernize Signalling Systems and Deliver New Trains for Zurich Rail Network

(IN BRIEF) Stadler Signalling AG has entered into a partnership with Sihltal Zürich Uetliberg Bahn (SZU) to modernize SZU’s signalling systems by 2034 as part of the SZU_4.0 modernization initiative. The 34 million franc contract includes upgrading signal boxes and … Read the full press release

Schneider Electric Boosts Data Center Leadership with Acquisition of Liquid Cooling Specialist Motivair

(IN BRIEF) Schneider Electric has acquired a 75% controlling interest in Motivair Corporation, a leader in advanced liquid cooling solutions for high-performance computing and data centers. The acquisition strengthens Schneider’s position in the data center market as demand for efficient … Read the full press release

TÜV Rheinland to Showcase Advanced Energy and Hydrogen Solutions at Eco Expo Asia 2024

(IN BRIEF) TÜV Rheinland Hong Kong will showcase innovative energy solutions, including waste-to-energy and hydrogen technologies, at Eco Expo Asia 2024. The company’s display will focus on promoting carbon neutrality and sustainable development across various sectors such as energy and … Read the full press release

SDX and RULEMATCH Partner to Revolutionize Crypto Trading and Custody for Financial Institutions

(IN BRIEF) SDX and RULEMATCH have partnered to offer a comprehensive solution for financial institutions to trade, settle, and securely manage crypto assets. The partnership integrates SDX’s custody services with RULEMATCH’s trading and settlement platform, allowing institutions to trade without … Read the full press release

Alstom Delivers First Driverless Train for Chennai Metro Phase II, Boosting Sustainable Urban Mobility

(IN BRIEF) Alstom has delivered the first driverless metro train for Chennai Metro’s Phase II, as part of a larger order of 36 trains. Manufactured entirely in India under the ‘Make in India’ initiative, the trains are designed for efficient, … Read the full press release

TUM and Pfennigparade Join Forces to Develop AI-Driven Assistive Technologies for Disabled Individuals

(IN BRIEF) The Technical University of Munich (TUM) has partnered with the Pfennigparade Foundation to develop robotics and AI technologies that will improve the daily lives of people with physical impairments. Over the next three years, TUM researchers will collaborate … Read the full press release

Universities of York and Hull Launch New Centres to Support Disadvantaged Youth in Grimsby and Bridlington

(IN BRIEF) A collaboration between the universities of York and Hull, along with the university-access charity IntoUniversity, is launching two new education centres in Grimsby and Bridlington. These centres aim to support disadvantaged young people aged 7-18, who are often … Read the full press release

Wood Leads Joint Industry Effort to Set CO2 Standards and Accelerate Global CCUS Projects

(IN BRIEF) Wood has launched a Joint Industry Partnership (JIP) to accelerate Carbon Capture, Utilisation, and Storage (CCUS) projects by developing the first industry guidelines that address the impact of CO2 impurities throughout the CCUS value chain. These guidelines aim … Read the full press release

EIF and LfA Förderbank Bayern Partner to Unlock €400 Million in Financing for Bavarian SMEs’ Innovation and Sustainability

(IN BRIEF) The European Investment Fund (EIF) has partnered with LfA Förderbank Bayern to expand a guarantee programme aimed at supporting small and medium-sized enterprises (SMEs) in Bavaria. With a €13 million counter-guarantee from the EIF, the programme will enable … Read the full press release

International Partners Drive Ukraine’s Reconstruction and Resilience Through EC-EIB-UNDP Collaboration

(IN BRIEF) The “United in Ukraine’s Recovery” conference in Brussels brought together the European Commission, the European Investment Bank (EIB), the United Nations Development Programme (UNDP), and Ukrainian local authorities to discuss ongoing reconstruction efforts. The partnership has been instrumental … Read the full press release

EIB Greenlights €5.8 Billion to Drive Global Energy, Transport, and Innovation Advancements

(IN BRIEF) The European Investment Bank (EIB) Board has approved €5.8 billion in new financing to support various projects across Europe and beyond. This includes €2.2 billion for clean energy and water projects, €1.8 billion for urban development and education, … Read the full press release