One of Germany’s promising young “new space” companies, Isar Aerospace, entered a new stage on April 13, 2021 when it completed its first entirely in-house-produced rocket engine. And as if that weren’t enough, the firm has also announced an exclusive partnership with Norwegian rocket launch pad Andøya Space.
The world market leader Safran Helicopter Engines is setting up shop in Norderstedt in the Segeberg district.
Around 8 million euros were invested by foreign companies in the federal state of Bremen in 2022. The northern German city scored particularly well in the technology sector, but also in the transport and logistics sector.
North Rhine-Westphalia is Germany’s No. 1 investment location. Around 22,000 foreign companies have already invested here and control their German or European activities from North Rhine-Westphalia. The state maintains a consistently high level of foreign direct investments – a few highlights to be named here.
Late in the evening on December 13 (MET), the Meteosat Third Generation Imager was brought into earth orbit. It’s capable of capturing bolts of lightning from regional thunderstorms nearly in real time.
It’s a global trend that has come to Germany as well. Headline-making high-flyer investment deals for fledgling companies became considerably rarer over the past two months. Nonetheless, one Berlin start-up still managed to rack-up nine figures in new capital. Here’s our bi-monthly overview.
German R&D often takes place outside of the “ivory towers” of universities at independent institutions like the Fraunhofer and Max Planck societies and the Helmholtz and Leibniz associations. They are technology hothouses, partnering with industry to develop cutting-edge solutions.
The stunning pictures of space made by the James Webb Space Telescope (JWST) have caused jaws to drop across planet Earth. And they are themselves the result of a global effort including the European and Canadian space agencies.
Newly founded venture capital provider Einstein Industries Ventures says it will invest EUR 300 million in promising young German New Space companies. The fund made the announcement at the ongoing ILA Aerospace Trade Fair in Berlin.
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