New space start-up Rocket Factory has been awarded joint first place in a two-year, EUR 25 million microlauncher competition held by the German Space Agency (DLR).
Industries / Mobility & Logistics
Up-and-coming Munich company Twaice has developed a software to analyze how much life EV batteries have left in them.
Ports and waterways are a major part of Germany, the logistics hub at the heart of Europe. But Germany’s maritime economy is changing to meet the demands and utilize the possibilities of the digital age.
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.
More and more electric vehicles were among the newly registered cars in Germany in Q1 2022. According to the government motor transport authority KBA, EVs accounted for 44.5 percent of new cars – 18 percent higher than over the same period in 2021.
Medical technology leads the way in our bimonthly round-up of the biggest venture capital deals involving firms from Germany. But logistics, greentech and fintech companies also booked nine-figure funding rounds.
A prototype Mercedes-Benz all-electric EQXX has broken through the 1000-kilometer range barrier for the first time on a single charge. The vehicles set the new record on April 5 on a 1008-km tour from Germany via the Swiss Alps and northern Italy to the French Côte d’Azur.
The German capital is launching a test initiative that will see 200 streetlights modified to serve as charging stations for electric vehicles.
“There’s a shortage of rockets“, complained the head of German satellite maker OHB, Marco Fuchs, to business newspaper Handelsblatt.