Category Archives: Technology

Technology Press Releases & News distributed via EuropaWire

Ericsson’s Anti-Corruption Compliance Program Receives Independent Certification

(IN BRIEF) Ericsson announced that its anti-corruption compliance program has been independently certified as effective by the compliance Monitor appointed by the U.S. Department of Justice. This certification marks significant progress since the resolution of historical violations of the Foreign … Read the full press release

Borealis Achieves FDA Approval for Borcycle™ M Post-Consumer Recycled Plastics in Food-Grade Packaging

(IN BRIEF) Borealis has received Letters of No Objection (LNOs) from the US Food & Drug Administration (FDA) for specific grades of its Borcycle™ M post-consumer recycled plastics (PCR) to be used in food-grade packaging. This milestone underscores Borealis’ commitment … Read the full press release

Roland Berger Expands Presence in Abu Dhabi, Strengthening Commitment to Regional Growth

(IN BRIEF) Roland Berger, a global management consultancy, opens a new office in Abu Dhabi’s ADGM financial district, expanding its regional presence to five offices. The move reflects Roland Berger’s commitment to Abu Dhabi’s economic growth and diversification efforts. The … Read the full press release

Thales Unveils cortAIx: Europe’s Premier AI Accelerator for Critical Applications

(IN BRIEF) Thales, a leading European high-tech company in civil and defense sectors, announces the launch of cortAIx, an AI accelerator. cortAIx aims to equip armed forces, aircraft manufacturers, and critical infrastructure operators with secure and efficient AI solutions. Thales … Read the full press release

CANCOM Group Reports Strong Financial Performance for 2023, Forecasts Significant Growth for 2024

(IN BRIEF) CANCOM Group concluded the 2023 fiscal year with remarkable financial results, including a 17.8% increase in revenue to €1,522.7 million and a notable rise in EBITDA to €115.7 million. CEO Rüdiger Rath attributes this success to strategic acquisitions … Read the full press release

Jenoptik Reports Strong Financial Performance for Fiscal Year 2023, Expects Continued Growth

(IN BRIEF) Jenoptik AG announces impressive financial results for the fiscal year 2023, highlighted by a considerable increase in revenue and profitability. The company’s photonics business, particularly in the semiconductor equipment sector, drove significant organic revenue growth of 8.7 percent … Read the full press release

New Research by The Alan Turing Institute Highlights Potential of Large Language Models in Finance

(IN BRIEF) The Alan Turing Institute has released a groundbreaking report suggesting that Large Language Models (LLMs) could revolutionize efficiency and safety within the finance sector. The research explores how LLMs can detect fraud, generate financial insights, and automate customer … Read the full press release

ASSA ABLOY Expands Hospitality Portfolio with Acquisition of Nomadix and Global Reach

(IN BRIEF) ASSA ABLOY, a global leader in access solutions, has announced its agreement to acquire Nomadix and Global Reach, prominent providers of Wi-Fi access and engagement platform solutions for the hospitality and commercial real estate sectors in the US … Read the full press release

Adyen Partners with Riverty to Introduce 14-Day Invoice Buy Now, Pay Later Solution

(IN BRIEF) Adyen collaborates with Riverty, a part of the Bertelsmann Group, to offer merchants in the DACH region a new 14-day invoice Buy Now, Pay Later (BNPL) payment method seamlessly integrated into Adyen’s fintech platform. This partnership aims to … Read the full press release

NIRAS and Egis Join Forces to Propel Offshore Wind Development in France

(IN BRIEF) NIRAS and Egis announce a strategic partnership aimed at bolstering consultancy and engineering services in the realm of renewable energies, particularly offshore wind projects in France. With NIRAS’s extensive experience in global offshore wind and Egis’s strong foothold … Read the full press release

AstraZeneca and Sanofi’s Beyfortus Receives Approval in Japan for Prophylaxis against Respiratory Syncytial Virus

(IN BRIEF) AstraZeneca and Sanofi celebrate the approval of Beyfortus (nirsevimab) in Japan by the Ministry of Health, Labour, and Welfare for preventing lower respiratory tract disease (LRTD) caused by respiratory syncytial virus (RSV) in neonates, infants, and children entering … Read the full press release

AstraZeneca’s Truqap Gets Green Light in Japan for Advanced Breast Cancer Treatment

(IN BRIEF) AstraZeneca announces the approval of Truqap (capivasertib) in combination with Faslodex (fulvestrant) by the Japanese Ministry of Health, Labour, and Welfare (MHLW) for treating adult patients with unresectable or recurrent hormone receptor-positive, HER2-negative breast cancer. The approval, based … Read the full press release

Hexagon Embraces Digital Distribution for Annual Reports, Promoting Sustainability

(IN BRIEF) Hexagon, a leading technology company, announces the availability of its Annual Report and Sustainability Report for 2023 on its website, hexagon.com. Striving for sustainability, the company opts for digital distribution but offers printed copies upon request. Additionally, the … Read the full press release

Infineon Unveils SSO10T TSC Package: Revolutionizing Automotive Power Designs

(IN BRIEF) Infineon Technologies AG launches the SSO10T TSC package, integrating OptiMOS™ MOSFET technology with a direct top-side cooling concept, ensuring superior thermal performance in automotive electronic control units. This innovative package facilitates a compact double-sided PCB design, significantly reducing … Read the full press release

Sony Study Reveals Persisting Mental Health Challenges Among European Surgeons and Oncologists

(IN BRIEF) A recent survey conducted by Sony Healthcare Europe indicates that 95% of surgeons and oncologists across Europe experienced negative mental health issues in 2023, a level comparable to the aftermath of the pandemic in 2021. The survey of … Read the full press release

BT and Zscaler Strengthen Partnership to Deliver Enhanced Managed Security Services

(IN BRIEF) Zscaler, Inc. and BT have announced an expanded partnership to offer a comprehensive suite of managed security services based on the Zscaler AI-driven Zero Trust Exchange™ cloud security platform. BT will become the first global service provider to … Read the full press release

Merck Expands M LabTM Collaboration Center in Shanghai, Enhancing Biopharmaceutical Capabilities

(IN BRIEF) Merck, a prominent science and technology company, announces a €14 million expansion of its M LabTM Collaboration Center in Shanghai, bolstering its support for the biopharmaceutical industry in China. The expansion includes new facilities such as a biology … Read the full press release

Husqvarna Launches New Models of Robotic Lawn Mowers for Medium-Sized Gardens

(IN BRIEF) Husqvarna Group, a leader in robotic lawn care, unveils two new models of Husqvarna Automower® designed specifically for medium-sized gardens. The Automower 310E NERA and 410XE NERA integrate seamlessly with Husqvarna’s EPOS satellite navigation system and introduce the … Read the full press release

Study Reveals Higher Prevalence of Lewy Body Disease in Middle-Aged Population

(IN BRIEF) A recent study by the University of Helsinki and the University of Tampere suggests that Lewy body disease, the second most common brain degenerative disorder after Alzheimer’s, may be more prevalent in middle-aged individuals than previously believed. Utilizing … Read the full press release

Hiab Unveils Next-Generation Emission-Free Hybrid Crane Solutions

(IN BRIEF) Hiab, a part of Cargotec, introduces a new lineup of emission-free electric hybrid crane solutions, known as HIAB wspr, offering versatility and sustainability for various segments. These cranes, powered by both truck engines and electric power take-off (ePTO), … Read the full press release

Fraunhofer Showcases AI-Based Healthcare Innovations at DMEA 2024

(IN BRIEF) Fraunhofer experts are at the forefront of developing AI-driven systems to revolutionize healthcare, presenting their latest advancements at the DMEA 2024 trade show. These innovations span various areas, including diagnostics, surgery planning, telemedicine, and data management. From AI-based … Read the full press release

Symrise Unveils Trendscope™ 2024+: Decoding Food and Beverage Trends for Innovative Solutions

(IN BRIEF) Symrise introduces the latest edition of its proprietary trend tool, Trendscope™ 2024+, aimed at deciphering consumer trends shaping the food and beverage industry. The tool amalgamates qualitative and quantitative research methods to identify key drivers such as naturalness, … Read the full press release

Hannover Re Unveils Dedicated Cyber and Digital Business Unit for Enhanced Reinsurance Expertise

(IN BRIEF) Hannover Re announces the establishment of a new specialty reinsurance business unit, effective April 1, 2024, aimed at consolidating its global operations in cyber and digital domains to bolster underwriting proficiency. Led by Stefan Sperlich, the unit will … Read the full press release

Saab’s Arexis Sensor Suite Selected for German Air Force’s Eurofighter EW Variant

(IN BRIEF) The German defense procurement office has chosen Saab’s Arexis sensor suite to equip the Eurofighter EK, an electronic warfare variant of the German Air Force’s Eurofighter aircraft. The contract, initiated in June 2023, marks the beginning of Saab’s … Read the full press release

Telia Denmark Maintains Network Excellence with Nokia’s Advanced Managed Services

(IN BRIEF) Telia Denmark has once again clinched the top spot for customer-perceived network quality in the country, thanks to Nokia’s advanced managed services. Umlaut, a renowned advisory firm, bestowed this recognition for the second consecutive year, underscoring Telia’s commitment … Read the full press release

Mubadala Acquires KELIX bio, Expanding Access to Life-Saving Pharmaceuticals in Emerging Markets

(IN BRIEF) DPI, BII, and the EBRD have reached a binding agreement to fully exit their investment in KELIX bio, a pan-African biopharmaceutical platform, through its acquisition by Mubadala Investment Company. Founded in 2020, KELIX bio has rapidly grown to … Read the full press release

Novo Nordisk Acquires Cardior Pharmaceuticals in Billion-Euro Deal, Pioneering RNA Therapies for Heart Diseases

(IN BRIEF) EQT Life Sciences proudly announces Novo Nordisk’s acquisition of Cardior Pharmaceuticals, valuing the biopharmaceutical company at up to EUR 1.025 billion. Based in Hannover, Germany, Cardior specializes in RNA-based therapeutics for cardiovascular diseases, focusing initially on heart failure. … Read the full press release

Ultomiris Receives FDA Approval as First Long-Acting Treatment for AQP4 Ab+ NMOSD, Redefining Patient Care

(IN BRIEF) Ultomiris (ravulizumab-cwvz) has gained approval from the FDA as the inaugural long-acting C5 complement inhibitor for treating adult patients with anti-aquaporin-4 (AQP4) antibody-positive (Ab+) neuromyelitis optica spectrum disorder (NMOSD). The approval, based on the CHAMPION-NMOSD Phase III trial’s … Read the full press release

Stadler’s FLIRT H2 Sets Guinness World Record for Longest Hydrogen Train Journey

(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release

ZF Group Unveils ZF LIFETEC: Rebranding of Passive Safety Systems Division

(IN BRIEF) ZF Group has introduced “ZF LIFETEC” as the new brand identity for its Passive Safety Systems division, reflecting its independent positioning within the ZF Group. With sales of €4.7 billion in 2023, ZF LIFETEC aims to enhance sales … Read the full press release

Norwegian People’s Aid and Telia Test Portable Mobile Base Stations for Search and Rescue Missions

(IN BRIEF) Norwegian People’s Aid, in collaboration with Telia, is piloting the use of portable mobile base stations to extend cellular coverage in areas lacking network infrastructure. This initiative aims to enhance communication capabilities during critical search and rescue missions, … Read the full press release

Aboitiz Solar Partners with AFRY for 172 MWp Solar PV Plant in the Philippines

(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release

Dutch Government Grants Major Funding for Cybersecurity Research Project

(IN BRIEF) The Dutch government has allocated substantial funding to the ‘Challenges in Cyber Security’ project, recognizing the critical need for coordinated scientific research in cybersecurity. Led by Prof. Tanja Lange of TU/e, the project aims to address foundational issues … Read the full press release

Wood Earns Top Spot in Verdantix’s Digital Asset Management Rankings

(IN BRIEF) Independent research firm Verdantix has identified Wood as a leader in digital asset management technology implementation services, based on its innovative approach and tangible benefits delivered to clients in the energy sector. Wood’s digital asset health solution has … Read the full press release

Henkel and Adobe Forge New Path in Content Production with Generative AI Pilot

(IN BRIEF) Henkel and Adobe are embarking on an innovative pilot program utilizing generative AI to revolutionize content production. Through Henkel’s Custom Models in Adobe Firefly, teams can efficiently generate personalized, brand-compliant content, enhancing digital marketing campaigns. This partnership signifies … Read the full press release

Airbus Defence and Space to Bolster Cybersecurity Arm with INFODAS Acquisition

(IN BRIEF) Airbus Defence and Space has announced plans to acquire INFODAS, a Cologne-based cybersecurity and IT solutions provider specializing in the public sector, including defense and critical infrastructures. With the transaction awaiting regulatory approvals, Airbus aims to enhance its … Read the full press release

Arriva Secures Government Funding for New Zero-Emission Buses in Five UK Regions

(IN BRIEF) Arriva, in collaboration with local authorities, has successfully secured funding from the UK Government’s ‘ZEBRA’ scheme for the introduction of new zero-emission buses across several regions, including Leicester, Tamworth, Redcar, Durham, and Darlington. The funding, aimed at accelerating … Read the full press release

Annual Charity Netball Tournament Raises Over £32,000 for Look Good Feel Better Cancer Support Charity

(IN BRIEF) Look Good Feel Better, in partnership with England Netball, organized its Annual Charity Netball Tournament at the University of Warwick, raising over £32,000 for individuals undergoing cancer treatment. The event, attended by 240 netball players, featured 26 teams … Read the full press release

Volvo Group and Renault Group Launch Flexis SAS for Next-Gen Electric Vehicles

(IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With … Read the full press release

Breakthrough Blood Test May Revolutionize Tuberculosis Detection, Potentially Saving Millions of Lives

(IN BRIEF) Researchers at the University of Southampton have made significant progress towards developing a blood test capable of identifying millions of individuals unknowingly spreading tuberculosis (TB). By analyzing blood markers, the study identified a set of six proteins highly … Read the full press release