According to figures from the Federation of the German Heating Industry (BDH), 25 percent more new heat pumps were delivered in the country in the first half of 2022 than in the same period the year before.
Industries / Machinery & Equipment
The German-Finnish start-up IQM has taken in some EUR 128 million in funds from investors and rocketed up to sixth overall in terms of the volume of deals, according to business newspaper Handelsblatt.
A 92-year-old retired mechanical engineer from Leipzig in Saxony has designed a novel wind turbine that experts say could generate up to 200 percent more electricity than conventional ones.
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.
As part of its drive to push connectivity in Germany, the government has pledged to dramatically expand the country’s fiber optic network, especially in rural and remote areas. Start-up One Fiber from the southwestern city of Mainz has an innovative idea for how to do this: use Germany’s extensive rail system.
With political and environmental pressure growing to cut transportation-related CO2 emissions , newcomer Pepper Motion from the Bavarian capital wants to electrify diesel haulage trucks and busses. The start-up says that retrofitting is a crucial aspect of Germany reaching its ambitious greenhouse-gas reduction targets.
Woodlands around the world are suffering from the effects of climate change, so reforestation is set to become increasingly important. Berlin start-up Skyseed has developed a system of using drones to seed damaged areas.
The French and German governments are putting EUR 17.9 million into five projects aimed at using artificial intelligence to increase sustainability, identify and combat potential epidemics, and protect industry against disruptions to supply chains.
“There’s a shortage of rockets”, complained the head of German satellite maker OHB, Marco Fuchs, to business newspaper Handelsblatt.
Good help can be hard to find, as many businesses discovered in 2021. Service robots are increasingly being adopted in countries where wages are high and labor shortages threaten many economic sectors.