Category Archives: Technology

Technology Press Releases & News distributed via EuropaWire

European Investment Fund Commits €4.5 Billion to Bolster Greek SMEs and Green Economy

(IN BRIEF) The European Investment Fund (EIF) has inked guarantee agreements with Greece’s top four banks, including Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank, aiming to unlock up to €4.5 billion in financing for Greek small and … Read the full press release

Europe Leads Global Cleantech Innovation, Yet Faces Funding Gap: EIB-EPO Report

(IN BRIEF) The European Investment Bank (EIB) and the European Patent Office (EPO) released a joint report revealing that over 22% of clean and sustainable technologies worldwide are developed within the European Union (EU). Leading fields in cleantech inventions include … Read the full press release

Evotec Biologics Unveils J.CHO™ High Expression System for Enhanced Antibody Production

(IN BRIEF) Evotec Biologics, the biologics arm of Evotec SE, has introduced its proprietary J.CHO™ High Expression System for antibody expression. J.CHO™ optimizes biotherapeutic production processes by providing higher productivity and quality for complex antibody formats. Engineered from Chinese hamster … Read the full press release

Ahold Delhaize Fully Allocates First Green Bond to Climate-Reducing Projects

(IN BRIEF) Ahold Delhaize has announced the full allocation of proceeds from its inaugural Green Bond to investments in Green Projects aimed at reducing the company’s greenhouse gas emissions and climate impact. The €500 million raised last year has been … Read the full press release

Saab Reports Strong Q1 2024 Performance and Upgrades Sales Outlook

(IN BRIEF) Saab, a leading defence and security company, commenced 2024 with significant achievements, including a 9% increase in order bookings, reaching SEK 18,495m. Sales saw a robust growth, amounting to SEK 14,185m, with an organic sales increase of 24%. … Read the full press release

Hexagon AB Reports Steady Growth in First Quarter 2024

(IN BRIEF) Hexagon AB announces its first-quarter 2024 financial results, demonstrating a 3% organic revenue growth and a 1% increase in net sales compared to the previous year. The company achieved an adjusted gross margin of 66.5% and a 1% … Read the full press release

TOMRA Partners with OMV and Borealis to Close Plastic Recycling Gaps

(IN BRIEF) TOMRA, in collaboration with OMV and Borealis, is advancing plastic recycling by supplying high-quality raw materials from mixed post-consumer plastic waste. Through long-term feedstock supply agreements, TOMRA’s innovative sorting facility in Germany will provide clean fractions of specific … Read the full press release

Schneider Electric Unveils Next-Gen Battery Energy Storage System for Microgrids

(IN BRIEF) Schneider Electric introduces its latest Battery Energy Storage System (BESS), designed to enhance energy resilience and sustainability within microgrid solutions. The BESS serves as a cornerstone technology, capturing and storing energy from various sources for later use, ensuring … Read the full press release

Finnvera Spearheads Climate-Friendly Investments with EUR 200 Billion Plans

(IN BRIEF) Finnvera, committed to promoting climate-friendly investments, announces plans for low-emission investments worth over EUR 200 billion, aligning with the Paris Climate Agreement’s goal of limiting global warming to 1.5 degrees. With a focus on reducing carbon footprints, Finnvera … Read the full press release

Lindner Group Introduces Smart Occupancy Lighting to Enhance Lindner Cube Flexibility

(IN BRIEF) Lindner Group unveils a new enhancement for its Lindner Cube mobile room system, introducing an occupancy light to optimize room-in-room solutions. Known for its wall- and ceiling-free construction, the Lindner Cube promotes flexibility and focused work environments. The … Read the full press release

Henkel’s Recyclable Adhesive Solution Receives Certification for PET Bottle Recycling

(IN BRIEF) Henkel’s adhesive solution, Aquence PS 3017 RE, has been certified by the cyclos-HTP Institute (CHI) for its recyclability, particularly in PET bottle recycling. Designed as a sustainable option, the water-based acrylic pressure sensitive adhesive allows for easy label … Read the full press release

Saab Delivers Fourth GlobalEye AEW&C Aircraft to UAE in Four Years

(IN BRIEF) Saab has successfully delivered the fourth GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE) on April 18, 2024. This milestone marks the rapid delivery pace of these advanced AEW&C platforms, with four … Read the full press release

Rheinmetall Launches Innovative Curb Charger Pilot Project in Cologne

(IN BRIEF) Rheinmetall, in collaboration with TankE GmbH and the City of Cologne, initiates a groundbreaking pilot project to test curb chargers in public traffic areas. The project aims to integrate and validate the curb chargers’ acceptance, urban planning advantages, … Read the full press release

Korean-German Partnership Accelerates Battery and Semiconductor Innovations

(IN BRIEF) A collaboration program funded by the Korean Ministry of Trade, Industry and Energy (MOTIE) aims to expedite advancements in battery cell and semiconductor technology through international partnerships. Fraunhofer-Gesellschaft, with eight of its institutes, has partnered in Germany to … Read the full press release

Taiwan Inaugurates Asia-Pacific’s Largest Offshore Wind Farms, Doubling Nation’s Capacity

(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release

Kurt Satzinger Takes Helm of voestalpine’s R&D, Driving Innovation into Digital and Resource-Efficient Solutions

(IN BRIEF) Kurt Satzinger assumes leadership of voestalpine’s Research and Development (R&D) division, succeeding Franz Androsch, who retires after a distinguished tenure. With voestalpine’s robust commitment to innovation, Satzinger, equipped with extensive experience within the company, is poised to spearhead … Read the full press release

Breakthrough in Capacitor Technology Paves the Way for More Efficient Medical Devices and Electric Vehicles

(IN BRIEF) Researchers at the University of Twente have developed a groundbreaking design strategy to enhance the efficiency, storage capacity, and durability of capacitors used in critical applications like pacemakers, defibrillators, radar technology, and electric vehicles. Led by Dr. Minh … Read the full press release

Safran Leads French Innovation with Record-Breaking Patent Portfolio

(IN BRIEF) Safran has secured its position as France’s top patent holder, with a staggering 16,457 active patents, according to the National Industrial Property Institute’s (INPI) inaugural ranking. The aerospace giant’s relentless commitment to innovation is evident in its extensive … Read the full press release

Husqvarna Secures EUR 100 Million Loan for Electric Equipment R&D

  (IN BRIEF) Nordic Investment Bank (NIB) and Husqvarna AB, a Swedish outdoor power products manufacturer, have inked a EUR 100 million 7-year loan pact to fund research and development (R&D) efforts from 2022 to 2024 in electrifying motorized equipment. … Read the full press release

Finnvera Backs Nokia’s $1.5 Billion 5G Deal with India’s Reliance Jio

(IN BRIEF) Finnvera, Finland’s export credit agency, has granted Nokia’s 5G deliveries a buyer credit guarantee worth USD 1.5 billion, marking one of its largest financing arrangements in history. The deal supports Nokia’s pivotal role in India’s 5G revolution, where … Read the full press release

EU Commission Backs Thales-Led AI Project for Land Forces’ Optronic Systems

(IN BRIEF) The European Commission has signed a Grant Agreement for the STORE (Shared daTabase for Optronics image Recognition and Evaluation) research project, led by Thales and funded by the European Defence Fund (EDF). Involving a consortium of 20 partners … Read the full press release

LPKF Laser & Electronics SE Meets Q1 Guidance, Focuses on Growth Initiatives

(IN BRIEF) LPKF Laser & Electronics SE achieved its Q1 revenue of EUR 25.4 million and adjusted EBIT of EUR -4.3 million, meeting guidance despite challenges in incoming orders due to project delays. The company made strides in key areas, … Read the full press release

Symrise Unveils Novel Health Solutions at Vitafoods Europe 2024

(IN BRIEF) Symrise is set to debut innovative health active solutions at Vitafoods Europe 2024, showcasing six concepts designed to address gut health, immunity, healthy aging, and metabolic health. The company’s focus on consumer needs drives the development of these … Read the full press release

Mercedes-Benz LN2 Trucks: Conquering Four Decades of Light-Duty Truck Segment

(IN BRIEF) Celebrating four decades since their international debut in Rome, the Mercedes-Benz LN2 trucks made a significant impact in the light-duty truck segment. Produced from 1984 to 1998, they succeeded the LP series, dominating with their versatile range, advanced … Read the full press release

Adyen Reports Strong Q1 2024 Growth with €297.8 Billion Processed Volume

(IN BRIEF) Adyen (AMS: ADYEN) announced robust growth in its Q1 2024 business update, driven by a 46% year-over-year increase in processed volume, totaling €297.8 billion, attributed to volume acceleration with existing enterprise customers. Net revenue also saw a significant … Read the full press release

ANDRITZ Reports Stable Profitability Amidst Economic Challenges

(IN BRIEF) International technology group ANDRITZ has announced satisfactory business development in the first quarter of 2024, with stable profitability despite a slight decrease in revenue. While total order intake declined from the previous year’s high, orders for green technologies … Read the full press release

Ericsson and IIT Kanpur Forge Strategic Alliance to Advance Financial Innovation in India

(IN BRIEF) Ericsson India and the Foundation for Innovation & Research in Science & Technology (F.I.R.S.T) at Indian Institute of Technology (IIT) Kanpur have announced a two-year strategic partnership aimed at driving innovation in Mobile Financial Services (MFS) and Fintech … Read the full press release

Daimler Truck Reaches Milestone: 1 Millionth Freightliner Cascadia Produced

(IN BRIEF) Daimler Truck AG celebrates a monumental achievement with the production of the 1 millionth Freightliner Cascadia heavy-duty truck, marking a significant milestone in the North American trucking industry. Since its debut in 2007, the Cascadia has been at … Read the full press release

Bechtle Launches New Subsidiary for Industrial 3D Printing Solutions

(IN BRIEF) Bechtle Group is launching a new subsidiary, Bechtle Additive Manufacturing Deutschland GmbH, in May 2024, dedicated to marketing industrial 3D printing solutions. Stemming from the successful track record of Bechtle PLM Deutschland, this spin-off aims to capitalize on … Read the full press release

TotalEnergies and Vanguard Renewables Forge Joint Venture to Boost Renewable Natural Gas Projects Across the US

(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release

TotalEnergies Expands Portfolio Through Strategic Asset Swaps with Trident Energy

(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release

SFC Energy Collaborates with ConnectCom Sarl to Provide Customized Emergency Power Solutions

(IN BRIEF) SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells, has partnered with ConnectCom Sarl to develop a customized emergency power solution. The collaboration involves supplying stationary EFOY H₂Cabinet X series units and utilizing the H₂Genset … Read the full press release

Hexagon Strengthens Construction Safety Solutions with Xwatch Acquisition

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release

Vodafone and Google Partner to Streamline Cloud Connectivity for Businesses

(IN BRIEF) Vodafone has announced a collaboration with Google aimed at simplifying cloud connectivity for businesses. This partnership involves the creation of one of the largest cloud-based software-defined wide area networks (SD-WANs) globally, providing customers with a virtual overlay on … Read the full press release

NASA’s CloudSat Satellite Concludes 17-Year Mission Enhancing Weather Predictions

(IN BRIEF) After over 17 years in orbit, NASA’s CloudSat satellite, constructed by BAE Systems, has concluded its mission, providing crucial data on cloud profiles and properties to improve weather prediction models. Launched in 2006, CloudSat was part of a … Read the full press release

Volkswagen’s Elli and EnerKíte Introduce Game-Changing Energy-Autonomous EV Charging Solution

(IN BRIEF) At the Hannover Messe, Volkswagen Group’s subsidiary Elli, in collaboration with airborne wind turbine manufacturer EnerKíte and the Technical University of Braunschweig, unveils a pioneering research project with potential to revolutionize electric vehicle charging. The project harnesses high-altitude … Read the full press release

European Investment Fund Boosts Berlin SME Financing with €24.5 Million Guarantee

(IN BRIEF) Investitionsbank Berlin (IBB) is expanding its support for small and medium-sized enterprises (SMEs) in Berlin through a €24.5 million counter-guarantee provided by the European Investment Fund (EIF). This backing, facilitated by the InvestEU programme, allows IBB to enhance … Read the full press release

JT Group Leads the Charge Against Financial Fraud with Vodafone’s Scam Signal

(IN BRIEF) JT Group Limited has emerged as the first Channel Partner to offer Vodafone’s Scam Signal, a groundbreaking service designed to fortify fraud defenses for financial institutions. Developed by Vodafone Carrier Services, Scam Signal aims to combat impersonation scams, … Read the full press release

DHL Freight Deploys Fully Electric Mercedes-Benz eActros 300 Trucks for Sustainable Transport

(IN BRIEF) DHL Freight has introduced its first fully electric heavy tractor-trailers, Mercedes-Benz eActros 300, in Germany, marking a significant step towards reducing greenhouse gas emissions in delivery and distribution transport. Deployed at the Koblenz and Hagen sites, these vehicles … Read the full press release

Sara Forsberg Appointed Scania’s EVP, CTO, and Head of Brand Identity Development

(IN BRIEF) Sara Forsberg, currently serving as the acting manager for Vehicle Development at Scania R&D, has been promoted to Executive Vice President, Chief Technical Officer, and Head of Brand Identity Development, effective May 1, 2024. With a career spanning … Read the full press release