One of Germany’s hottest new air mobility companies, Lilium, has announced a plan to sell 220 aircraft to leading Brazilian airline Azul. The intended deal is worth USD one billion, with the aircraft earmarked to service a country with almost 100 million domestic air passengers a year.
Germans are mad about games of all varieties – this has become evident during the corona lockdowns. And Brexit has increased Germany’s appeal as a location for international game developers, producers and marketeers.
More venture capital is flowing into fledgling German firms than ever before – that’s the conclusion of an analysis of the initial six months of 2021 by business consultants Ernst & Young (EY).
The summer months are traditionally slower times for business, but this season is the exception where German unicorns are concerned.
One up-and-coming industry attracting the attention of international companies is micro/nano engineering. A cluster has coalesced in the eastern German state of Thuringia, a part of the country best known for its excellence in optics.
To foreign businesspeople expanding to the country, German workplaces may initially seem overly formal and rules-bound. But there are many advantages that benefit employers and employees alike, as human resources consultant and leadership coach Anke Wolf tells us.
Fledgling Berlin solar energy company Enpal has announced the completion of a nine-figure round of financing. The start-up said that its business has increased dramatically since the beginning of the coronavirus, but it’s aiming for still bigger things yet to come.
Think outer space and you might not immediately think of Germany, but Europe’s largest economy is aiming to become the European center of both New Space technology and launching of microsatellites. Companies like Munich’s highly touted Isar Aerospace are flourishing thanks in part to vigorous government support for the sector. Watch our new video!
A university medical clinic in the western German city of Bonn has come up with a coronavirus test, called LAMP-Seq, that is both ultrasensitive and scalable, so that thousands of samples can be analyzed simultaneously. That gives it a huge potential for use in companies, schools and kindergartens.
The German Ministry for Economic Affairs and Energy and the country’s business development bank, the KfW, have improved credit terms for companies looking to finance digitalization and innovation projects.
