Category Archives: Technology

Technology Press Releases & News distributed via EuropaWire

Continental’s Study Reveals Global Disparities in Agricultural Digitalization

(IN BRIEF) Continental, in collaboration with Innofact AG, conducted a study titled “Agriculture in transition,” surveying 503 farmers across five countries, shedding light on the digitalization levels in agriculture worldwide. The findings indicate varying degrees of digital adoption, with some … Read the full press release

Vodafone Leads Landing of 2Africa Submarine Cable in Portugal

(IN BRIEF) Vodafone spearheaded the landing of the 2Africa submarine cable, the world’s largest, in Portugal’s Carcavelos, Cascais, bolstering the country’s connectivity to Africa and beyond. The 2Africa project, launched in May 2020, aims to enhance internet connectivity between Africa, … Read the full press release

Mercedes me Eco Coach App Surpasses 200,000 Users, Enhances Environmental Awareness

(IN BRIEF) With over 200,000 registered users, the Mercedes me Eco Coach app has become a popular tool for promoting environmentally conscious driving behavior among electric car and plug-in hybrid owners. The app serves as a digital personal trainer, offering … Read the full press release

DBDX Launches Successful Crypto Trading with ICF Bank and Bankhaus Metzler as Pilot Clients

(IN BRIEF) The Deutsche Börse Digital Exchange (DBDX) has commenced trading activities with successful transactions facilitated by ICF Bank and Bankhaus Metzler, marking a significant milestone in the institutional adoption of blockchain technology in the financial sector. With a focus … Read the full press release

AFFECT-EU Urges Routine Atrial Fibrillation Screening for At-Risk Patients

(IN BRIEF) The AFFECT-EU project, culminating in its final event in Brussels, recommends routine atrial fibrillation (AF) screening for individuals at risk, emphasizing its potential to prevent strokes and improve outcomes. Led by Professor Renate Schnabel, the project advocates for … Read the full press release

Arkema’s Agiplast Advances Recycling Efforts with Over 15 Certified Polymer Grades

(IN BRIEF) Arkema’s Agiplast, a leader in high-performance thermoplastic recycling, expands its Virtucycle® program within the Arkema group by introducing over 15 certified grades. These grades are derived from specialty polyamides and PVDF, recycled at Agiplast’s state-of-the-art facility in Italy … Read the full press release

EBRD Funds Modern Wastewater Treatment Plant in Kazakhstan’s Aktobe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is spearheading efforts to tackle water treatment and environmental challenges in Aktobe, Kazakhstan’s fourth-largest municipality, through the financing of a new wastewater treatment plant and associated infrastructure. With a sovereign … Read the full press release

WSP to Design New Facilities for Rolls-Royce Submarine Site Expansion

(IN BRIEF) Rolls-Royce has chosen WSP as its design partner for the expansion of its Raynesway site in Derby. This expansion, announced last June, aims to meet the growing demand from the Royal Navy, particularly following the AUKUS announcement. WSP … Read the full press release

Ericsson and Umniah Forge AI-Powered Network Revolution in Jordan

(IN BRIEF) Ericsson, in collaboration with Umniah, is set to transform network performance in Jordan by deploying its cutting-edge Cognitive Software portfolio. This partnership aims to optimize Umniah’s network, particularly in key areas like Amman, utilizing Artificial Intelligence (AI) and … Read the full press release

CHIL Receives £4.9m Investment to Spearhead Healthcare Advancements through Data Science

(IN BRIEF) The University of Liverpool’s Civic Health Innovation Labs (CHIL) has secured a substantial £4.9 million investment from the Office for Life Sciences (OLS) to drive healthcare improvements via data science. Through the ‘Data-Action Accelerator’ project, CHIL aims to … Read the full press release

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

Lockheed Martin Extends Collaboration with Navantia to Enhance Naval Defense Capabilities

(IN BRIEF) Lockheed Martin has prolonged its collaboration agreement with Navantia, extending their partnership for three more years. The agreement aims to further explore commercial opportunities in surface ships and submarines, building upon their successful 27-year history. Notable achievements include … Read the full press release

CAF Secures Contract with Qbuzz to Supply Commuter Trains in the Netherlands

(IN BRIEF) CAF has clinched a significant deal with Qbuzz, a public transport operator in the Netherlands, to provide 10 commuter trains equipped with the latest technology and amenities. These trains, part of the Civity platform, will boast the ETCS … Read the full press release

NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release

Dutch Government Funds Interdisciplinary Projects for Mission-Driven Innovation Acceleration

(IN BRIEF) The Dutch government has allocated funding to three interdisciplinary projects under the KIC Mission call ‘Realisation, acceleration and upscaling of mission-driven innovation’. These projects, part of the KIA Societal Earning Capacity, aim to address major societal challenges such … 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

Continental SportContact 7 Dominates Auto Bild sportscars UHP Summer Tire Test

(IN BRIEF) In a recent evaluation by Auto Bild sportscars, the Continental SportContact 7 UHP summer tire emerged as the undisputed champion, securing top honors with an overall score of 1.2. Tested against six competitors on wet and dry roads, … Read the full press release

EHRA 2024: Unveiling Groundbreaking Innovations in Arrhythmia Management

(IN BRIEF) Prepare for the latest advancements in the prevention and treatment of heart rhythm disorders at EHRA 2024, the annual congress of the European Heart Rhythm Association (EHRA), part of the European Society of Cardiology (ESC). Set to take … Read the full press release

French Consortium Launches RESQUE Project for Post-Quantum Cryptography Solutions

(IN BRIEF) The RESQUE consortium, consisting of six French companies and organizations including Thales, TheGreenBow, CryptoExperts, and others, has initiated the RESQUE project aimed at developing post-quantum cryptography solutions to safeguard communications and networks against potential threats posed by quantum … Read the full press release

TÜV Rheinland Earns TAF Accreditation for Water Efficiency Management Systems Certification

(IN BRIEF) TÜV Rheinland achieves Taiwan Accreditation Foundation (TAF) accreditation for ISO 46001:2019 Water Efficiency Management Systems, reinforcing its commitment to sustainable water resource management. With water resource management aligning closely with the United Nations Sustainable Development Goals (SDGs), TÜV … Read the full press release

EQT Life Sciences Portfolio Company Amolyt Pharma Acquired by Alexion, AstraZeneca Rare Diseases for $1.05 Billion

(IN BRIEF) EQT Life Sciences announces the acquisition of its portfolio company, Amolyt Pharma, by Alexion, AstraZeneca Rare Diseases, for a total deal value of $1.05 billion. This acquisition underscores Amolyt’s significant advancements in developing novel treatments for rare endocrine … Read the full press release

Evonik Vland Biotech Launches Joint Venture to Enhance Animal Gut Health Solutions

(IN BRIEF) The joint venture, Evonik Vland Biotech, established by Evonik China and Shandong Vland Biotech, officially commenced operations in Binzhou, China, aiming to bolster the market presence of probiotics for livestock gut health in the Greater China region while … Read the full press release

Evonik’s EUDRAGIT® Polymers: Pioneering Pharmaceutical Innovation for 70 Years

(IN BRIEF) Evonik’s EUDRAGIT® polymers, renowned coatings for pharmaceuticals, celebrate 70 years of revolutionizing drug delivery. With over 23,000 patents and 10,000 scientific publications, these methacrylate polymers have become industry standards, employed in formulations for modified drug release across 80 … Read the full press release

Thales Alenia Space Chosen by ESA to Lead European Consortium for Harmony Mission

(IN BRIEF) Thales Alenia Space has been selected by the European Space Agency (ESA) to spearhead a wide-ranging European industrial consortium for the Harmony mission, leveraging its extensive expertise in radar-based Earth observation satellites. This partnership aims to develop the … Read the full press release

Tubulis Secures €128 Million Series B2 Financing to Advance Novel ADC Pipeline for Cancer Treatment

(IN BRIEF) Tubulis has closed an oversubscribed €128 million ($138.8 million) Series B2 financing round, co-led by EQT Life Sciences and Nextech Invest Ltd, with participation from new and existing investors including Frazier Life Sciences and Deep Track Capital. The … Read the full press release

Mercedes-Benz Trucks Successfully Concludes Extreme Cold Testing of eActros 600 in Finland

(IN BRIEF) Mercedes-Benz Trucks engineers have completed rigorous trials of the battery-electric eActros 600 in Rovaniemi, Finland, enduring temperatures as low as minus 35 degrees Celsius. Dr. Christof Weber, Head of Global Testing, expresses satisfaction with the test outcomes, praising … Read the full press release

Wolters Kluwer’s Beneficial Ownership Platform Receives Top Honors in FinTech Breakthrough Awards

(IN BRIEF) Wolters Kluwer, a global leader in professional information and software solutions, has been honored in the FinTech Breakthrough Awards’ Fraud Prevention Innovation category for its Beneficial Ownership Platform. Designed to assist businesses affected by the U.S. Corporate Transparency … Read the full press release

Wolters Kluwer’s CCH Tagetik Dominates Financial Consolidation Survey 24, Leading in Eleven Key Categories

(IN BRIEF) Wolters Kluwer’s CCH Tagetik® expert solution has secured top rankings across eleven categories in The Financial Consolidation Survey 24, a prestigious annual report by BARC, showcasing its excellence in functionality, financial reporting, and value. Ralf Gärtner, Senior Vice … Read the full press release

Saint-Gobain’s Commitment to Sustainability: Advancing Low-Carbon Cement Technologies

(IN BRIEF) Saint-Gobain Construction Chemicals is ramping up efforts to advance low-carbon cement and concrete technologies, aiming to foster growth and sustainability in the construction sector. Key partnerships with startups like Fortera and established players like Ecocem demonstrate the company’s … Read the full press release

Adyen’s Innovation and Vision Highlighted in Forrester’s Merchant Payment Providers Assessment

(IN BRIEF) Adyen, a leading global financial technology platform, has been recognized in The Forrester Wave™ Merchant Payment Providers, Q1 2024 report. Adyen received the highest score in six categories, including vision and innovation. Praised for its seamless payment solutions … Read the full press release

Nagarro and Mercedes-Benz’s Acentrik Forge Partnership for Web3 Advancements

(IN BRIEF) Nagarro, a global digital engineering leader, has partnered with Acentrik, a strategic product of Mercedes-Benz, to advance Web3 innovation with Acentrik Version 3.0. Acentrik specializes in white-label data marketplaces, enhancing data value chains with privacy-preserving features. Nagarro’s role … Read the full press release

Rheinmetall AG Continues Growth Trajectory with Record Earnings and Order Backlog

(IN BRIEF) Rheinmetall AG, headquartered in Düsseldorf, has achieved record earnings and order backlog figures in fiscal year 2023, continuing its growth trajectory. The company’s focus on the defence sector, particularly amid a changed threat situation in Europe, has led … Read the full press release

AFRY Spearheads Germany’s Clean Energy Transition with SuedOstLink Cable Planning

(IN BRIEF) AFRY has been appointed as the technical advisor by 50Hertz, the transmission system operator, for the critical SuedOstLink project, a key grid expansion endeavor to accelerate Germany’s energy transition. The project involves planning a 540-kilometer underground cable, set … Read the full press release

Södra Partners with ANDRITZ for Sustainable Upgrade of Mörrum Pulp Mill

(IN BRIEF) In a move towards enhancing sustainability and efficiency, Swedish forest industry group Södra has collaborated with international technology conglomerate ANDRITZ to upgrade three electrostatic precipitators (ESPs) at the Mörrum pulp mill. This mechanical and electrical refurbishment aims to … Read the full press release

Infineon Launches OptiMOS™ 6 200 V MOSFETs, Revolutionizing Motor Drive Applications

(IN BRIEF) Infineon Technologies AG introduces the OptiMOS™ 6 200 V MOSFET product family, designed to revolutionize motor drive applications like e-scooters, micro-EVs, and E-forklifts. This new portfolio boasts enhanced technical features compared to its predecessor, including a 42% lower … Read the full press release

Voith’s Infinity Press Felts: A Global Success Story in Paper Production

(IN BRIEF) Voith’s Infinity press felts have established a global reputation for excellence since their introduction in 2011, offering superior performance and durability. Examples of their success include a significant reduction in steam consumption and a record-setting service life in … Read the full press release

EQT Private Equity Sells Stake in Ottobock to Majority Shareholder Professor Hans Georg Näder

(IN BRIEF) EQT Private Equity has announced the sale of its 20% stake in Ottobock, the leading provider of wearable human bionics solutions, to Professor Hans Georg Näder and the Näder Family. Since EQT’s investment in 2017, Ottobock has experienced … Read the full press release

Supporting American Connectivity: Bekaert’s Messenger and Guy Strand Meets NTIA Buy America Guidelines

(IN BRIEF) Bekaert, a leading provider of innovative steel wire products, proudly announces its compliance with the NTIA Buy America guidelines for its messenger and guy strand product used in telecommunications infrastructure. This high-performance steel wire solution, manufactured at Bekaert’s … Read the full press release

ABB Strengthens US Robotics Leadership with Expanded Facility in Auburn Hills, Michigan

(IN BRIEF) ABB inaugurated its renovated US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, underscoring its dedication to bolstering its leadership in the US robotics market. The facility, with a 30% increase in space, will support ABB’s role … Read the full press release

Rheinmetall Secures €208 Million Spanish Ammunition Deal: Strengthens Position in European Artillery Market

(IN BRIEF) The Spanish government has awarded Rheinmetall a contract worth approximately €208 million for the supply of 94,200 155mm artillery rounds. These rounds, to be delivered between late 2024 and late 2025 with a potential two-year extension, underscore Rheinmetall’s … Read the full press release