BMWK

NXP, eleQtron and ParityQC Reveal their First Quantum Computing Demonstrator for the DLR Quantum Computing Initiative

Retrieved on: 
torsdag, maj 30, 2024

NXP, eleQtron and ParityQC bring together leading knowledge of quantum computing, software and long-standing industry expertise to develop and build the first ion-trap based quantum computer demonstrator made entirely in Germany.

Key Points: 
  • NXP, eleQtron and ParityQC bring together leading knowledge of quantum computing, software and long-standing industry expertise to develop and build the first ion-trap based quantum computer demonstrator made entirely in Germany.
  • The DLR Quantum Computing Initiative has the potential to become something truly great, and our pioneering MAGIC-based quantum computer lays the foundation for a vibrant ecosystem.
  • As Germany's first quantum computing hardware company, we are proud to bring research excellence into the real world.”
    “To achieve a leading international position in quantum computing, we need a strong quantum computing ecosystem.
  • The QSea I demonstrator is an important step for the DLR Quantum Computing Initiative and for Hamburg.

Rock Tech Lithium provides update on German subsidy application

Retrieved on: 
tisdag, maj 7, 2024

TORONTO, May 7, 2024 /PRNewswire/ - Rock Tech Lithium Inc (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) issues update on outstanding German subsidy application.

Key Points: 
  • TORONTO, May 7, 2024 /PRNewswire/ - Rock Tech Lithium Inc (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) issues update on outstanding German subsidy application.
  • The Federal Ministry for Economic Affairs and Climate Action (BMWK) has informed Rock Tech Lithium that it will not grant funding under the 'Resilience and Sustainability of the Battery Cell Manufacturing Ecosystem' (TCTF) program for the planned lithium refinery in Brandenburg.
  • Rock Tech regrets the federal ministry's decision and is examining all available options going forward.
  • Rock Tech Lithium has achieved considerable project maturity in Guben.

EQS-News: 1.6 million euros for Hanf Farm: Federal Ministry for Economic Affairs and Climate Protection funds bio-economy project

Retrieved on: 
fredag, maj 3, 2024

1.6 million euros for Hanf Farm: Federal Ministry for Economic Affairs and Climate Protection funds bio-economy project (news with additional features)

Key Points: 
  • 1.6 million euros for Hanf Farm: Federal Ministry for Economic Affairs and Climate Protection funds bio-economy project (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • The Federal Ministry for Economic Affairs and Climate Protection (BMWK) is funding a Hanf Farm project in the field of industrial bio-economy with 1.6 million euros.
  • The project and the funding from the BMWK mark a significant breakthrough in the sustainable production and development of the industrial bio-economy.
  • Michael Bieder, Project Manager Hanf Farm: "The project is a milestone in the field of industrial bio-economy.

EQS-News: Daldrup & Söhne AG welcomes BMWK and KfW initiative on insurance solutions for deep boreholes

Retrieved on: 
onsdag, april 10, 2024

Oberhaching / Ascheberg, 25 March 2024 - Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal specialist, supports the initiative of the Federal Ministry of Economics and Technology (BMWK) and the KfW development bank to establish a state-supported insurance solution for the so-called exploration risk for deep geothermal wells.

Key Points: 
  • Oberhaching / Ascheberg, 25 March 2024 - Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal specialist, supports the initiative of the Federal Ministry of Economics and Technology (BMWK) and the KfW development bank to establish a state-supported insurance solution for the so-called exploration risk for deep geothermal wells.
  • KfW loans can already be applied for the realisation of deep geothermal projects, but the securing of the discovery has not yet been included.
  • Andreas Tönies, CEO of Daldrup & Söhne AG, welcomes the BMWK's plans to insure exploration risks: "A state-backed insurance solution will remove a major hurdle for municipal and private clients of deep geothermal projects.
  • Together with well-known partners in the insurance industry, Daldrup & Söhne AG has developed a concept to cover exploration risks during the construction of deep geothermal projects.

EQS-News: H2APEX: EU commission approves grant for 100 MW H2ERO hydrogen project as part of Hy2Infra-IPCEI funding

Retrieved on: 
fredag, februari 16, 2024

Hy2Infra comprises 33 projects from 32 companies from seven Member States, for which the participating Member States will provide public funding of up to EUR 6.9 billion.

Key Points: 
  • Hy2Infra comprises 33 projects from 32 companies from seven Member States, for which the participating Member States will provide public funding of up to EUR 6.9 billion.
  • Among the Hy2Infra projects to be funded is the large-scale 100 MW project H2ERO by H2APEX, for which a subsidiary of H2APEX has applied for funding of approximately EUR 167 million.
  • According to current plans, the hydrogen plant will have an annual production capacity of 7,000 to 8,000 tons of green hydrogen.
  • The funding of H2ERO is a confirmation of three years of successful work on this project and reflects the leading position of H2APEX in the realization of hydrogen plants in Germany.

Nokia plans €360 million investment in microelectronics and communications technology in Germany

Retrieved on: 
onsdag, januari 17, 2024

Funding will see development of cutting-edge energy-efficient software, hardware and microelectronics for future communications technologies

Key Points: 
  • Funding will see development of cutting-edge energy-efficient software, hardware and microelectronics for future communications technologies
    Espoo, Finland – Nokia plans to invest €360 million in software, hardware and chip design at its Ulm and Nuremberg sites, the company announced today.
  • The project will focus on the integrated development of software, hardware and high-performance systems-on-chips based on a digital twin.
  • These will be used in radio and optical products in future mobile communications systems based on the 5G-Advanced and 6G standards.
  • Germany is an important market for Nokia, and we look forward to working with the government to produce cutting-edge technology that is ‘Made in Germany’.”

Next2Sun and iSun Build First Vertical Agrivoltaics System in the USA

Retrieved on: 
torsdag, december 21, 2023

The US solar company iSun, Inc. (NASDAQ: ISUN) (“iSun”) and the German agrivoltaics pioneer Next2Sun Mounting Systems GmbH (“Next2Sun”) have been cooperating since the beginning of 2023 to jointly establish Next2Sun's vertical agrivoltaics system in the USA.

Key Points: 
  • The US solar company iSun, Inc. (NASDAQ: ISUN) (“iSun”) and the German agrivoltaics pioneer Next2Sun Mounting Systems GmbH (“Next2Sun”) have been cooperating since the beginning of 2023 to jointly establish Next2Sun's vertical agrivoltaics system in the USA.
  • Construction of the first agrivoltaics plant with Next2Sun system will begin in Vermont in early 2024.
  • Next2Sun has developed a wide range of products based on the vertical bifacial system technology and the patented frame system developed for it, and brought them to market maturity, in particular the vertical bifacial agrivoltaics system and the bifacial solar fence.
  • With our vertical bifacial agrivoltaics system, we can make an important contribution to this, especially in areas such as the north-east of the USA.

Laxxon Medical joins German Accelerator’s Southeast Asia Market Access Class of 2023, marking the Company’s inaugural globalization venture

Retrieved on: 
söndag, december 10, 2023

Laxxon Medical joins German Accelerator’s Southeast Asia Market Access Class of 2023, marking the Company’s inaugural globalization venture

Key Points: 
  • Laxxon Medical joins German Accelerator’s Southeast Asia Market Access Class of 2023, marking the Company’s inaugural globalization venture
    NEW YORK, NY / ACCESSWIRE / November 16, 2023 / Pharmaceutical 3D screen printing company Laxxon Medical has been selected alongside seven other high-potential companies to participate in German Accelerator's Southeast Asia Market Access Class of 2023.
  • German Accelerator's Southeast Asia (SEA) Market Access program functions as a globalization liaison for companies seeking market entry and expansion in the SEA region.
  • In August, the German Accelerator Singapore team welcomed the SEA Market Access Class of 2023 for an intense two-week program kick-off in Singapore.
  • German Accelerator and German Entrepreneurship GmbH is funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK).

Malta Inc. and Partners Win Grant From German Government

Retrieved on: 
måndag, 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.

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: 
måndag, 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.