- Innovation and digitalisation
- Research & development
Viennese high-tech company onboard the NASA moon mission
The Austrian company TTTech is on board for NASA’s Artemis mission. The project is paving the way for human missions to Mars. The Viennese company TTTech is on board the avionics system with its products. The avionics system comprises the “central nervous system” of the space capsule.
Artemis I is the first uncrewed test flight of NASA’s Orion spacecraft launched atop the most powerful rocket in the world, namely the Space Launch System (SLS). Orion will orbit the moon once in order to collect important data for the next crewed flight. The objective of Artemis is to once again bring people to the mood and to enable further space research to reach Mars.
“Artemis I is the first of three Artemis mission in which our products will be used, and which have confidence in Austrian technology and innovation,” states Christian Fidi, Senior Vice President Business Unit Aerospace. The products of TTTech Aerospace comprise the basis for building up the TTEthernet® network. This “central nervous system” of Orion connects a large number of independent sensors, computers and actuators with each other. They are responsible for various safety-critical functions such as flight control and life support systems as well as non-critical functions such as video communication.
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Austria as a top location for international headquarters12. January 2024
Austria continues to be an attractive business location for international company headquarters – both for well-known firms such as Boehringer Ingelheim, Henkel, Takeda and the BMW Group as well as for young and aspiring companies operating globally. The country maintains its position as a business interface and ideal starting point for subsidiaries in Eastern and Western European countries, the USA and Asia.
Why set up headquarters in Austria?12. January 2024
There are countless reasons that speak in favour of Austria as a location for your international headquarters! Here we present a small selection: the central location, the lucrative market, stability and security, top-notch infrastructure, tax incentives with unbureaucratic processing, the highest quality of life and affordable prices.
Volkswagen relies on Magna Steyr in Graz12. January 2024
The Volkswagen Group is leveraging the know-how and experience of the Styrian automobile manu-facturer Magna Steyr. For this reason, it has assigned the company the task of developing two models for its new American electric-powered car brand Scout. Featuring a contract volume of € 450 million, this represents the largest single development order ever handled by Magna Stey.