Federal Ministry of Science, Technology and Innovation

Malta Inc. and Partners Win Grant From German Government

Retrieved on: 
Monday, November 6, 2023

Malta Inc. , a world leader in long-duration energy storage (LDES), announced that its German subsidiary was awarded a grant to support a €9-million effort to accelerate the German energy transition.

Key Points: 
  • Malta Inc. , a world leader in long-duration energy storage (LDES), announced that its German subsidiary was awarded a grant to support a €9-million effort to accelerate the German energy transition.
  • View the full release here: https://www.businesswire.com/news/home/20231106500619/en/
    Germany needs to electrify its heating sector and to ensure that expanded renewable power generation is available on-demand and around-the-clock.
  • The grant will fund a technoeconomic analysis of the potential for Malta’s LDES technology to help decarbonize both electricity and heat generation in Germany.
  • “We are honored to partner with the German government and its leading national laboratory, the DLR, to explore how Malta’s technology can accelerate the transition off natural gas,” said Ramya Swaminathan, CEO of Malta.

IDEX Corporation Expanding Material Science Manufacturing Expertise With Acquisition of STC Material Solutions

Retrieved on: 
Monday, October 30, 2023

IDEX Corporation (NYSE:IEX) today announced that it has entered into a definitive agreement to acquire STC Material Solutions (“STC”), an integrated provider of advanced material science solutions, from Artemis for cash consideration of $206 million USD, subject to customary post-closing adjustments.

Key Points: 
  • IDEX Corporation (NYSE:IEX) today announced that it has entered into a definitive agreement to acquire STC Material Solutions (“STC”), an integrated provider of advanced material science solutions, from Artemis for cash consideration of $206 million USD, subject to customary post-closing adjustments.
  • STC specializes in the design and manufacturing of technical ceramics and hermetic sealing products for the most extreme, mission critical applications.
  • “STC Material Solutions expands our growing expertise in material sciences and offers significant opportunities to collaborate with other IDEX critical components businesses on comprehensive solution sets for customers,” IDEX Chief Executive Officer and President Eric Ashleman said.
  • This acquisition is expected to be funded by IDEX using cash on hand and proceeds from its revolving credit facility.

Next generation pharma glass: SCHOTT AG launches FIOLAX® Pro glass tubing

Retrieved on: 
Tuesday, October 24, 2023

With its borosilicate glass being the gold standard for storing lifesaving medications for more than a century, the company is now taking the next steps by introducing improved glass tubing to the global pharma market.

Key Points: 
  • With its borosilicate glass being the gold standard for storing lifesaving medications for more than a century, the company is now taking the next steps by introducing improved glass tubing to the global pharma market.
  • View the full release here: https://www.businesswire.com/news/home/20231024340802/en/
    SCHOTT continues to advance pharma glass tubing.
  • The global launch of our improved borosilicate glass tubing is a first step.
  • In China, SCHOTT has been piloting and successfully established the new glass tubing for the last two years together with its customers.

The AZEK® Company Announces Peter Clifford to Take on Dual Role as Chief Operations Officer and Chief Financial Officer; Promotes Randy Herth to Chief Accounting Officer and Treasurer

Retrieved on: 
Thursday, September 28, 2023

Mr. Clifford will also continue to serve as the Company’s Senior Vice President & Chief Financial Officer.

Key Points: 
  • Mr. Clifford will also continue to serve as the Company’s Senior Vice President & Chief Financial Officer.
  • In this new role, Mr. Clifford will assume operations oversight, while continuing to lead all finance, accounting, investor relations, information technology and corporate development functions.
  • Before joining Cantel Medical Corp., Mr. Clifford served as Chief Financial Officer – Health & Science Technologies & Fluid Metering Technology Divisions of IDEX Corporation.
  • Donnelly & Sons Company and Euramax International, Inc.
    “Randy has been a valued part of our accounting leadership team since joining AZEK in 2022,” said Peter Clifford, AZEK’s Chief Financial Officer.

EQS-News: ams-OSRAM AG: The German federal government and the Free State of Bavaria commit support to ams OSRAM for groundbreaking semiconductor technology

Retrieved on: 
Monday, September 25, 2023

Premstaetten, Austria, and Munich, Germany ( September 20, 2023) -- ams OSRAM (SIX: AMS), a global leader in intelligent sensors and emitters, received notice of substantial public funding by the German federal government (i.e. the Federal Ministry for Economic Affairs and Climate Action) and the Free State of Bavaria. The funding is intended to boost the further development of semiconductor technology. The envisaged IPCEI funding (Important Project of Common European Interest) will support ams OSRAM in making its own investments in the research and development of innovative optoelectronic components at its Regensburg location.

Key Points: 
  • the Federal Ministry for Economic Affairs and Climate Action) and the Free State of Bavaria.
  • The funding is intended to boost the further development of semiconductor technology.
  • ams OSRAM is striving to strengthen its development and manufacturing location in Regensburg for future investments.
  • Based on the research projects, ams OSRAM has thus been able to create 500 new jobs in research, development and production by 2022.

The German federal government and the Free State of Bavaria commit support to ams OSRAM for groundbreaking semiconductor technology

Retrieved on: 
Wednesday, September 20, 2023

ams OSRAM (SIX: AMS), a global leader in intelligent sensors and emitters, received notice of substantial public funding by the German federal government (i.e.

Key Points: 
  • ams OSRAM (SIX: AMS), a global leader in intelligent sensors and emitters, received notice of substantial public funding by the German federal government (i.e.
  • the Federal Ministry for Economic Affairs and Climate Action) and the Free State of Bavaria.
  • ams OSRAM is striving to strengthen its development and manufacturing location in Regensburg for future investments.
  • Based on the research projects, ams OSRAM has thus been able to create 500 new jobs in research, development and production by 2022.

eTaxi Austria: largest project based on automated charging of EVs in operation

Retrieved on: 
Thursday, September 14, 2023

GRAZ, Austria, Sept. 14, 2023 /PRNewswire/ --  The operational start of the new electric taxi stands lays the cornerstone for the roll-out of the eTaxi Austria project, which will point the way for the entire taxi industry. The first taxi stands in Austria equipped with Matrix Charging® went into operation on Vorgartenstrasse in Vienna and are in the process of implementation at Schillerplatz in Graz. To lower emissions and further improve quality of life in the city, Vienna and Graz will be increasingly shifting to electric taxis. A total of eight taxi stands and 56 vehicles in Vienna as well as two stands and ten vehicles in Graz are being upgraded by car service stations from Volkswagen and Hyundai with the Matrix Charging® technology, developed by the Austrian technology company Easelink.

Key Points: 
  • A total of 66 e-taxis and more than 60 charging points are being equipped with the automated conductive Matrix Charging® technology.
  • Hermann Stockinger, Founder & General Manager of Easelink: "The eTaxi Austria project utilizing Matrix Charging technology in the cities of Vienna and Graz is the world's largest e-mobility project focused on automated charging.
  • Automated charging directly at the taxi stand will allow taxi drivers to conveniently charge their electric vehicles while waiting.
  • With this charging technology, eTaxis will be able to conveniently recharge with green electricity while waiting at the taxi stand.

With German, EU Funding, Orion S.A. Investing €12.8M in Project for Circular Carbon Black

Retrieved on: 
Tuesday, September 12, 2023

The technology is designed to improve Orion’s yield and throughput in the production of carbon black using circular feedstocks and thus potentially reduce the carbon footprint of the process by a significant amount.

Key Points: 
  • The technology is designed to improve Orion’s yield and throughput in the production of carbon black using circular feedstocks and thus potentially reduce the carbon footprint of the process by a significant amount.
  • This could accelerate the shift to a circular economy and feed the growing demand for sustainable materials in the tire industry.
  • “For years, Orion has been a leading innovator in making carbon black from circular feedstocks,” Painter added.
  • “The Clean Carbon Black Research and Development Project’s aim will be to develop ways to reduce the carbon footprint and improve the yield and throughput, potentially lowering the cost of the material.

Sungrow shows the way in green energy transformation across Europe

Retrieved on: 
Sunday, June 25, 2023

Wu Jiamao, senior vice-president of Sungrow Power Supply Co., Ltd, spoke as a representative of the new energy sector during the event.

Key Points: 
  • Wu Jiamao, senior vice-president of Sungrow Power Supply Co., Ltd, spoke as a representative of the new energy sector during the event.
  • Europe is a stronghold for global new energy development and a highland for Sungrow to promote cooperation and innovation.
  • These benchmark projects have become models of China-Europe clean energy cooperation and green energy transformation in recent years, providing more possibilities for China-Europe cooperation in such an area, the company said.
  • We also look forward to sharing technology and resource circulation, jointly promoting the green development in Europe and the world."

Canada's Preeminent Neuropsychologist Dr. Brenda Milner is the Newest Inductee to Canada's Walk of Fame

Retrieved on: 
Wednesday, June 21, 2023

Professor Emerita at McGill University, she revolutionized the field of neuropsychology, combining neurology and psychology, and is considered one of the most important neuroscientists of the twentieth century.

Key Points: 
  • Professor Emerita at McGill University, she revolutionized the field of neuropsychology, combining neurology and psychology, and is considered one of the most important neuroscientists of the twentieth century.
  • "It means a lot to receive this honour from my adopted country and to be inducted into Canada's Walk of Fame.
  • I'm feeling lucky, and I'm grateful," Dr. Brenda Milner, 2023 Canada's Walk of Fame Inductee.
  • Dr. Milner did that and we can deeply connect with her approach and breakthrough findings."