Tag Archives: technology

Boliden’s Multi-Billion Investment Drive: New Tech Breakthroughs and Environmental Commitments

(IN BRIEF) Boliden, a leading mining and smelting company, has unveiled a significant investment plan totaling SEK 4.8 billion in a new tank house at Rönnskär, set to enhance copper cathode and precious metal production by 2026. Additionally, investments in … Read the full press release

Škoda Unveils Epiq: A Compact City SUV Crossover Packed with Modern Design and Technology

(IN BRIEF) Škoda Auto has announced the forthcoming release of its electric city SUV crossover, the Škoda Epiq, slated for unveiling in 2025. With an anticipated starting price of approximately 25,000 euros, the Epiq boasts a length of 4.1 meters, … Read the full press release

driveMybox continues its international expansion: Hungary as a new strategic location

(IN BRIEF) Hamburg-based LogTech company driveMybox has officially announced its strategic partnership with I.C.E. Transport Hungary, a prominent freight forwarder in Eastern Europe. This collaboration marks driveMybox’s expansion into Hungary, its third international cooperation partner alongside Germany and Italy. The … Read the full press release

EBRD Reinforces Commitment to Türkiye’s Tech Sector with Follow-On Investment in Dgpays

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has solidified its support for Türkiye’s burgeoning technology sector by investing in Dgpays, a rapidly expanding tech firm. Partnering with Truffle Capital, the EBRD’s follow-on investment in Dgpays underscores its … Read the full press release

Wolters Kluwer Earns HousingWire’s 2024 Tech100 Mortgage Award for Compliance Solutions Excellence

(IN BRIEF) Wolters Kluwer Compliance Solutions has been honored with the HousingWire 2024 Tech100 Mortgage Award, recognizing its innovative contributions to the U.S. mortgage industry. The award highlights Wolters Kluwer’s leadership in loan compliance technology and services, facilitating compliance certainty, … Read the full press release

Heraeus Invests in Sustainable Ammonia Technology with Japanese Startup Tsubame BHB

(IN BRIEF) Heraeus, a technology group based in Hanau, Germany, has made a strategic investment in the Japanese startup Tsubame BHB, marking its commitment to sustainable technologies and expanding its presence in Japan. Tsubame BHB specializes in developing environmentally friendly … Read the full press release

Siemens Unveils Innovative Solutions for Sustainable Building Technology at MCE 2024

(IN BRIEF) Siemens Smart Infrastructure will showcase its innovative and sustainable heating, cooling, and ventilation solutions at the Mostra Convegno Expocomfort (MCE) trade show in Milan from March 12 to 15. Among the highlights is the MVL702 magnetic expansion valve, … Read the full press release

Customer Data Platform Industry Attracts New Participants: CDP Institute Report

(IN BRIEF) Despite challenging business conditions in the second half of 2023, the Customer Data Platform (CDP) industry saw continued growth, with ten new participants, mostly small firms established within the last five years, focused on profile building and analytics. … Read the full press release

Swisscom Partners with NVIDIA to Build AI Supercomputers, Investing 100 Million Swiss Francs in AI Solutions

(IN BRIEF) Swisscom has announced a significant collaboration with NVIDIA to create generative AI (GenAI) full-stack supercomputers in Switzerland, utilizing NVIDIA accelerated computing and the NVIDIA AI Enterprise software platform, including the NeMo framework. This partnership aims to develop standard … Read the full press release

Hexagon’s R-evolution Launches Green Cubes Initiative to Boost Rainforest Conservation with Reality Capture Technology

(IN BRIEF) R-evolution, the sustainable innovation and green-tech investment subsidiary of Hexagon, has unveiled its forest initiative called Green Cubes, aimed at accelerating global biodiversity rainforest conservation. Utilizing Hexagon’s reality capture technology, Green Cubes allows corporations to sponsor rainforest segments … Read the full press release

Business Leaders Optimistic for 2024 Despite Global Headwinds, Focusing on Technology and Sustainability Investments, Finds Capgemini Report

(IN BRIEF) According to the latest report by the Capgemini Research Institute, business leaders are entering 2024 with a heightened sense of optimism compared to the previous year, with 56% expressing confidence in their organization’s future growth despite ongoing global … Read the full press release

QuantumScape’s Solid-State Battery Achieves Remarkable Milestone: Over 1,000 Charging Cycles with 95% Capacity Retention

(IN BRIEF) QuantumScape, a U.S. technology company specializing in solid-state batteries, has achieved a significant breakthrough in battery development, as confirmed by PowerCo. Their solid-state cell has surpassed expectations by successfully completing over 1,000 charging cycles while retaining 95% of … Read the full press release

Vodafone’s EasyTech Stores Redefine Retail with Tech Innovation in Romania

(IN BRIEF) Vodafone Romania has introduced a new type of concept store called EasyTech, designed to enhance the customer experience and offer a wide range of technology products. The first EasyTech store opened in Bucharest, featuring product displays, sales offices, … Read the full press release

EIB Grants €30.5 Million Loan to DOMINION for Technological Advancements and Innovation Across Europe

(IN BRIEF) The European Investment Bank (EIB) has recently entered into a €30.5 million loan agreement with DOMINION, a multi-technology services and integrated projects company, to fund the development of cutting-edge technology aimed at designing innovative engineering and computing solutions. … Read the full press release

Versalis Breaks Ground on Demo Plant for Innovative Hoop® Technology for Plastic Recycling

(IN BRIEF) Versalis, the chemical company of Eni, has commenced the construction of a demonstration plant in Mantua, Italy, to advance its proprietary Hoop® technology for the chemical recycling of mixed plastic waste. Collaborating with Italian engineering company S.R.S. and … Read the full press release

DNB and Ericsson Launch Malaysia’s Largest 5G Experience Center to Showcase Technology’s Potential

(IN BRIEF) Digital Nasional Berhad (DNB), the organization responsible for accelerating the deployment of 5G networks in Malaysia, has officially launched the nation’s largest 5G experience center called ‘My5G Portal.’ Ericsson is a key partner in this initiative, helping to … Read the full press release

Leica Geosystems Preserves 17th Century Citadelle de Besançon with Advanced Reality Capture Technology

(IN BRIEF) Leica Geosystems, a part of Hexagon, is utilizing cutting-edge reality capture technology to digitally preserve the Citadelle de Besançon, a 17th-century UNESCO World Heritage Site in France. In collaboration with Capture4Cad and the French Government, laser scanners from … Read the full press release

Bekaert and Toshiba Forge Strategic Partnership to Advance Green Hydrogen Production Technology

(IN BRIEF) Bekaert and Toshiba Corporation’s energy division, Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), have signed a Memorandum of Understanding (MoU) to explore the development of a global partnership focused on Membrane Electrode Assembly (MEA) technology for Proton … Read the full press release

Lenzing and Kentaur Collaborate on Circular Chef Uniforms to Promote Sustainable Workwear

(IN BRIEF) Lenzing Group, a global producer of wood-based specialty fibers, has partnered with Kentaur, a Danish manufacturer of innovative workwear, to create a pilot collection of chef uniforms focused on circularity, durability, and functionality. These uniforms consist of 50% … Read the full press release

De Nora and Hydrolite Collaborate to Advance Green Hydrogen Production Using Anion Exchange Membrane (AEM) Technology

(IN BRIEF) Italian multinational company Industrie De Nora is partnering with Hydrolite Ltd., an energy subsidiary of Elbit Systems, to jointly develop and introduce a new Anion Exchange Membrane (AEM) stack device for generating and using hydrogen. The partnership aims … Read the full press release

Vattenfall Advances Seabird Tracking with AI Technology at Aberdeen Offshore Wind Farm

(IN BRIEF) Vattenfall has initiated a groundbreaking trial at the Aberdeen Bay Offshore Wind Farm, employing artificial intelligence (AI) technology to track seabird movements. Developed by Norwegian Spoor, this AI technology precisely monitors the 3D flight paths of birds near … Read the full press release

Volkswagen Unveils Third-Generation Tiguan with Advanced Technology and Improved Efficiency

(IN BRIEF) Volkswagen has unveiled the all-new Tiguan, marking the third generation of this highly successful compact SUV. The new Tiguan is based on the Modular Transverse Matrix (MQB evo) platform, which enables the introduction of new hybrid drivetrains with … Read the full press release

Terna Modernizes Naples Metropolitan Area’s Electricity Grid with Sustainable Technology

(IN BRIEF) Terna, Italy’s national grid operator, is continuing its modernization efforts for the electricity grid in the metropolitan area of Naples. This phase involves replacing a 5 km underground cable with a more reliable and sustainable XLPE (cross-linked polyethylene) … Read the full press release

Bosch Focuses on Training and Technology to Address Labor Shortages and Aging Society

(IN BRIEF) Bosch is addressing the challenges posed by an aging society and labor shortages by focusing on training and upskilling, as well as leveraging intelligent technology to make work easier for employees. In 2022, the company provided over 30,000 … Read the full press release

Škoda Unveils Fourth-Generation Superb Hatchback with Enhanced Design and Technology

(IN BRIEF) Škoda Auto is set to introduce the latest iteration of its flagship model series, the Superb, showcasing a refined hatchback version alongside the popular Combi estate. The new Superb hatchback features an evolved Škoda design, marked by a … Read the full press release

TPG Telecom Collaborates with Ericsson to Boost Network Performance Using AI-Powered Analytics Solution

(IN BRIEF) TPG Telecom and Ericsson have entered into a multi-year agreement to introduce an innovative cloud-native and AI-powered analytics solution for enhancing mobile network performance. This solution is designed to offer TPG Telecom’s teams an in-depth understanding of individual … Read the full press release

Ericsson and MediaTek Collaborate on RedCap for Enhanced 5G Standalone Performance

(IN BRIEF) Ericsson and MediaTek have collaborated to exhibit the capabilities of the Reduced Capability (RedCap) solution in the realm of 5G Standalone technology. This partnership involved successful interoperability testing (IoDT) in Sweden, where the RedCap data was tested alongside … Read the full press release

Predictive Logistics: Maersk Drives Technology Revolution in Chemical Supply Chains for Improved Sustainability and Efficiency

(IN BRIEF) Maersk, a global leader in container logistics, emphasizes the need for technology adoption in the chemical supply chain to transform it from predictable to predictive, enable better decision-making, and develop more sustainable supply chains. Maersk sees significant opportunities … Read the full press release

Siemens Unveils Next-Gen SIRIUS 3UG5 Line Monitoring Relays for Enhanced Grid Stability and Safety

(IN BRIEF) Siemens has introduced the SIRIUS 3UG5 line monitoring relays, a new generation of relays combining proven technology with new features. These relays ensure standards-compliant grid stability and quality, protecting critical areas like hospitals and the process industry, and … Read the full press release

YorVoice, Equitable Tech Lab, and NHS Healthcare Projects Receive Funding from Sparks

(IN BRIEF) The University of York’s Sparks initiative has provided funding for three research projects. The YorVoice project focuses on voice research to understand individual vocal differences and improve technology, healthcare, and creative expression. The York Equitable Technology Lab aims … Read the full press release

BioNTech Solidifies AI Advancements with InstaDeep Acquisition

(IN BRIEF) BioNTech SE has completed the acquisition of InstaDeep Ltd., a prominent AI and ML technology company. The acquisition is part of BioNTech’s strategy to enhance AI-driven drug discovery and develop advanced immunotherapies and vaccines for diseases with significant … Read the full press release

Eni and SLB Collaborate to Enhance Pipeline Safety and Monitoring with e-vpms® Technology

(IN BRIEF) Eni, through its subsidiary Enivibes, and SLB (Schlumberger) have formed an alliance to deploy e-vpms® (Eni Vibroacoustic Pipeline Monitoring System), an innovative technology developed by Eni. The e-vpms® system utilizes vibroacoustic wave detection to provide real-time analysis, monitoring, … Read the full press release

Vodafone Implements Network Slicing for Business and Public Sector Critical Applications

(IN BRIEF) Vodafone is leveraging network slicing technology to provide business customers with dedicated slices of the network to support on-demand, secure, and reliable connectivity. Network slicing allows the creation of virtual networks that can be isolated and optimized for … Read the full press release

Siemens provides technology for world’s largest vertical farm in Dubai

(IN BRIEF) Siemens has provided automation and building technology for Bustanica, the world’s largest vertical farm in Dubai. The $40m facility is owned by Emirates Crop One and Crop One Holdings, and provides an output of 1 million kg of … Read the full press release

DNV’s new Technology Centre in Groningen to focus on low-carbon technology research

(IN BRIEF) DNV, a global independent energy expert and assurance provider, has opened a new Technology Centre on Groningen’s Zernike campus. The new sustainable facility will provide the latest testing equipment to support DNV’s research into the decarbonisation of energy … Read the full press release

Eni Unveils Enivibes, the First Startup from Its Corporate Venture Builder Eniverse

(IN BRIEF) Eni has launched Enivibes, the first venture under its Corporate Venture Builder program Eniverse, to commercialize its proprietary technology e-vpms (Eni Vibroacoustic Pipeline Monitoring System). The technology, designed to monitor the integrity of liquid transportation pipelines, uses an … Read the full press release

Siemens pioneers digital data chain for efficient plant component data management

(IN BRIEF) Siemens has supplied Bayer’s Crop Science Division with pressure transmitters containing standardized ID links, enabling the transfer of digital documentation in real time to the ERP system used by the customer. The transmitters feature technology that complies with … Read the full press release

Loughborough University’s world-leading gym space equipped with latest technology and training equipment

(IN BRIEF) Loughborough University has opened a brand new extension to its Powerbase gym, doubling its size to 3,200 m2, home to Loughborough’s elite strength and conditioning environment. The facility has been designed to be fully inclusive and accessible, with … Read the full press release

Inmarsat’s ELERA network to enhance AtomBeam’s IoT data solution for remote asset tracking and management

(IN BRIEF) AtomBeam Technologies has joined Inmarsat’s ELEVATE programme, a development programme, ecosystem and marketplace that supports providers of software, hardware and solutions, and original equipment manufacturers in commercial land markets. As an ELEVATE partner, AtomBeam Technologies will provide customers … Read the full press release

Volkswagen’s PowerCo and Umicore receive regulatory clearance for European battery materials JV

(IN BRIEF) Volkswagen’s PowerCo and Umicore gain approval for European battery materials venture PowerCo, the Volkswagen Group’s battery company, and Belgian circular technology firm Umicore have secured regulatory approval for their joint venture to produce cathode active materials (CAM) and … Read the full press release