News from the business location Austria
University of Innsbruck and Blue Danube Robotics Win Houska Award 2019
The Houska Award is Austria’s largest private research award for applied research. Since it was initiated, it has become a permanent fixture in the country’s research landscape.
UltimateGaN: Energy-saving chip from a new material as a catalyst for renewable energy
The European research project UltimateGaN (Research for GaN technologies, devices and applications to address the challenges of the futureGaN roadmap) was launched under the leadership of Infineon Austria.
Two Austrians admitted to the US National Academy of Sciences (NAS)
The quantum physicist Rainer Blatt and the molecular biologist Rudolf Zechner were admitted to the United States National Academy of Sciences (NAS).
Austria ranked sixth in the EU for patent applications
Last year Austrian companies registered a total of 11,227 patents around the world.
12th Pioneers Conference 2019: Deep Tech and Storyball
In May 2019, Vienna’s Hofburg Palace was once again the venue for the Pioneers Conference, serving as a meeting place for the Austrian and European startup scene.
University of Innsbruck: Quantum cloud computing with a self-test
Thanks to a quantum co-processor in the cloud, physicists in Innsbruck flung a door wide open to deal with problems in the fields of chemistry, materials research and high-energy physics which were virtually impossible to solve in the past.
Austria: Reduction of corporate income tax
The planned tax reform to be implemented by the Austrian Federal Government represents an important step towards specifically relieving the burden on companies as well.
University of Innsbruck: New LED phosphor saves energy
The human eye is particularly sensitive to green, but less sensitive to blue and red.
Vienna University of Technology: Light from exotic particle states
A new type of light-emitting diode has been developed at the Vienna University of Technology.
Position paper of the Federation of Austrian Industries on Research Location Austria
The Federation of Austrian Industries presented its position paper in April on a strong and future-oriented RTI business location of Austria called “Research. Technology. Industry - Solutions for Our Society and Future”.
5G testing laboratory of A1 in the Lakeside Science & Technology Park Carinthia
A1, Austria’s largest communications provider, and the Carinthian investment promotion agency BABEG are jointly constructing the “5G Playground Carinthia” at the Lakeside Science & Technology Park.
Forecast for 2019: 4.5 percent rise in R&D expenditures in Austria, multinational spending up four percent
According to a forecast published by Statistics Austria, about EUR 12.8 billion will be spent on research and development (R&D) In Austria in the year 2019.
Fintech N26 back in Vienna with a new innovation centre
Six years ago, the Austrians Valentin Stalf and Maximilian Tayenthal relocated the founding of their financial startup N26 to Berlin.
Lufthansa Aviation Training expands Viennese training facility
Lufthansa Aviation Training (LAT) is investing a total of EUR 89 million this year in the field of pilot training for numerous training devices as well as in the infrastructure of its own sites in order to fulfil high customer demand.
UpNano: Winner of #glaubandich-Challenge 2019
At the “4GameChangers Festival” in Vienna in April, the startup UpNano was selected as the overall winner of the “#glaubandich-Challenge 2019” (believe in yourself challenge) sponsored by Erste Bank und Sparkassen and was thus also named the “Startup of the Year”.
Hanomag locates in Business Park Innviertel
The German company Hanomag is establishing a new production facility in Business Park Innviertel (district association of Schärding, Upper Austria).
University of Innsbruck: “Game of Thrones“ as a mirror of our society
A medieval setting, dragons, magic, intrigue and epic battles: “Game of Thrones”, one of the most widely-discussed television series in recent years, is starting its last season in the USA.
Infineon Austria/DICE: Expansion of the Linz development facility
The official ground-breaking ceremony took place for the new facility of Infineon Austria’s affiliated company Danube Integrated Circuit Engineering (DICE) which is scheduled to be completed in the summer of 2020.
Austria: First State Prize for Digitisation given to Hydrogrid, Cubes and Salzburger Land
In April, Federal Minister for Digital and Economic Affairs Margarete Schramböck awarded the State Prize for Digitisation in Austria for the very first time.
Autonomous air taxi EHang 216 in Viennese airspace for the first time
The autonomous “air taxi” EHang 216 was presented to the media flying in the Vienna Generali Arena for the first time and was also exhibited at the “4Gamechangers" Festival in Vienna in April.
Maximize profitability with Vertec
After establishing a subsidiary in Austria in the beginning of 2019, the Swiss software specialist Vertec now operates in the entire DACH region.
Macro Array Diagnostics develops revolutionary allergy test
The Viennese MedTech startup Macro Array Diagnostics can identify almost all relevant allergens with one single laboratory test.
Fresh money for good ideas
The EY Start-up Barometer underlines the dynamic development of the Austrian startup scene, also in the previous year.
Wefox invests in Austria
The Berlin insurance startup Wefox has been actively operating in Austria since 2017.
Google Austria launches “Market Finder”
Austria is the fourth country in the world where the search engine Google is launching its “Market Finder” tool.
Innovation hub for CEE: Official opening of Talent Garden Vienna
The Italian coworking provider Talent Garden officially opened its location in Vienna at the end of March.
Refurbed: Skype founder Zennström acquires stake in a Viennese startup
The Viennese tech startup Refurbed is getting a financial injection of more than EUR 2 million close to wo years after its founding.
NimbleFins: Austria is a good base for startups
The private British financing site NimbleFins identified the European countries offering the best environment for startups.
Vienna University of Technology: From outer space to the Earth without a parachute
An ambitious rocket project featuring the participation of the TU Wien Space Team was successful.
Startup Report 2018 presented: Successful funding year for Austrian startups
The Austrian startup scene is continuing its financing boom.