Ever since Carl Friedrich Benz invented the world’s first internal-combustion engine automobile in 1885, the car industry has been integral to the German economy.
Industries / Mobility & Logistics
Germany’s leading industrial association, the BDI, has found that the country’s new space technology market truly is taking off. In a new study, the BDI documented EUR 308 million taken in by the sector in 2020 – nearly double the sum raised in 2019.
German automotive giant Volkswagen says it will put EUR 40 million into the construction of solar and wind energy parks between now and 2025. The carmaker describes the investment as its contribution to help meet additional needs for green energy as part of Germany’s transition to electric mobility.
EVA is a cutting-edge drone infrastructure company that recently set up shop just outside of Berlin. Here’s what they say about where they fit into the German unmanned aerial vehicle market and what Germany and its capital are like as business locations.
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.
Germany’s market for unmanned aerial vehicles is expanding exponentially as more and more applications for drones are developed. The sector is projected to be worth €3 billion in the near future. Plus it’s a heck of a lot of fun.
With a host new production facilities underway in the country, Germany is poised to become Europe’s electric vehicle (EV) battery capital.
Unmanned aviation is taking off in a big way in Germany, with turnover in the sector expected to grow by billions over the next decade. International players have begun to take notice, particularly of an air mobility hub that is developing in the south.
In 2021, the US-Portuguese drone infrastructure company EVA was looking to expand its business in the fast-growing, future-oriented sector of unmanned aerial vehicle (UAV) sector. Germany Trade & Invest helped the young firm set up shop in Germany – in the town of Wildau in the state of Brandenburg near Berlin. We asked EVA spokesperson Isabel Nacke about the company’s new home.
The good news came after the container ship “Ever Given” had been stuck in one of the world’s major waterways, disrupting global supply chains, for a week. A team of tugboats, led by the German-made “ALP Guard” finally managed to free the massive shipping vessel, which is roughly the size of New York City’s Empire State Building.