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News from the business location Austria

Austria stands out due to its tax incentives for research

You want to know why companies such as Infineon, Siemens and Bosch have been carrying out research in Austria for decades? Contact us.

Austrian lead project develops sensory organ for safe driving in the future

Under the coordination of Infineon Austria, eleven partners from industry and science are pooling their know-how and expertise for the mobility of the future, the reliability and safety of independently operating vehicles in the project “iLIDS4SAM“.

Cyber-physical systems: Collaboration of Virtual Vehicle and Silicon Austria Labs

Virtual Vehicle and Silicon Austria Labs (SAL are now pooling their expertise in order to accelerate cooperative and industry-driven applied research “Cyber Physical Systems” (CPS).

Virtual vehicle: Graz-based researchers in the pole position for robot cars and software

Researchers at the Institute for Control and Automation Technology at the Graz University of Technology and the Virtual Vehicle Research Centre work together with postdocs, PhD students and students on the vision of autonomous, intelligent driving. Since 2019, the Autonomous Racing Team (ARG) has taken part in the international racing series ROBORACE for self-driving vehicle software. The computer controlled Roborace racing car Robocar, which operates at a speed of up to 282 km/h, is the fastest self-driving car in the world.

AVL and MSC Software cooperate in the field of automated driving

The Austrian company AVL List and MSC Software entered into a partnership in 2019 for simulation and testing in the field of automated driving. With the help of scenario-based development and validation methods, highly automated vehicle systems at an SAE Level 4 and 5 will be simulated and tested.

New Austrian marketplace designed to promote autonomous driving

ALP.Lab, the testing region for automated driving, has created a new online marketplace together with Asfinag and other partners such as Joanneum Research. The “ECO System Platform” offers data, tools and services for research and development projects in the field of automated mobility.

AI as the basis for autonomous driving

Deep learning is being applied by Google, Apple and Audi. The underlying basis is the Long Short-Term Memory (LSTM) technology which Sepp Hochreiter developed. In 2019 he obtained € 25 million from the Dutch map service Here (or its foundation) in order to establish and develop the new “Institute of Advanced Research in Artificial Intelligence” (IARAI). This map service is designed to be a viable alternative for Europeans to Google Maps and is considered to be an important building block in the navigation of self-driving vehicles.

“The Autonomous” conference in Vienna

TTTech has emerged as one of the most important companies in the field of self-driving cars, espe-cially by developing the safety software platform MotionWise. As member of The Autonomous they were key organizers of the conference in Vienna’s Hofburg Palace in September 2021. The aim is to jointly develop a system architecture for self-driving vehicles.

Control units for autonomous driving

ZKW and two partners share the goal of creating a high-performing control unit with ultra-fast interfaces for the purpose of controlling future vehicle sensors and actuators. People and objects will be recognised by means of a sophisticated technology. In turn, this comprises a step towards enhanced traffic safety in that people or obstacles on the road can be detected in a timely manner.

Amazon relies on research from Austria for its delivery drones

The Austrian aerospace industrial group FACC will serve as a supplier for Amazon. The autonomous aerial vehicle EHang 216, an autonomous air taxi manufactured by FACC, is part of a comprehensive testing programme and has already concluded successful test flights since 2020.

Controlling by thoughts

So-called brain-computer interfaces (BCIs) are designed to give paraplegic people back some freedom of movement and thus a better quality of life.

Medicine from Vienna helps intensive care patients in the USA

The pharmaceutical company AOP Orphan headquartered in Vienna is expanding to the American market.

Infineon opens new high-tech chip factory

The new Infineon chip factory, one of the most modern in the world, was opened at the company’s Austrian site in Carinthia after three years of preparation and construction.

Bioethanol shows a good emissions scorecard

he Vienna University evaluated emissions generated by diesel engines operating with bioethanol.

Tax reform reduces the burden on companies

The latest tax reform in Austria strengthens the business location, relieves the burden imposed upon companies and presses ahead with ecologisation.

Quantum cryptography record at the Vienna University of Technology

A research team at the Vienna University of Technology developed a new quantum transmission protocol that allows a higher data transmission rate and at the same time is much more robust against interference.

“The Autonomous” conference in Vienna

Technology and automobile companies have concluded a cooperation agreement to jointly develop a system architecture for self-driving vehicles.

Electric-powered microcar planned to be manufactured in Austria | Invest in Austria

Magna founder Frank Stronach is launching new electric-powered automobile production. “Sarit”, a license-free electric vehicle reaching a maximum speed of 25 km/h, is planned to be manufactured initially in Canada as of March 2022 and also subsequently in Austria.

Digital health startup contexflow secures € 6.7 million in investments

The Viennese startup contextflow offers a medical image analysis software which supports radiologists in diagnosing a lung computer tomography (CT). contextflow has been further developing its product since the year 2016.

Austrian industry is constantly growing

Over the last 20 years, Austrian industry was significantly more successful than the EU average. Austria’s industrial production expanded by about 60 percent in real terms since the year 2000, compared to growth of only ten percent in the eurozone.

Austria is a trailblazer in vocational education

Austria is the country featuring the strongest focus on vocational education. The economy benefits from this. In particular, Austria is considered to be an international role model when it comes to higher level vocational schools.

Easelink present Matrix Charging at the IAA

Easelink presented its Matrix Charging system at this year’s IAA Mobility 2021 show in cooperation with the automobile and industrial component supplier Schaeffler.

Smurfit Kappa launches district heat project

Just under a year after the new energy systems went into operation, the next major sustainability project relating to the facility in Upper Austria is already in the starting blocks for the Irish group Smurfit Kappa Nettingsdorf.

Horizon Europe project at the University of Applied Sciences Burgenland

The University of Applied Sciences Burgenland (FH Burgenland) was one of five international universities to be selected to intensively focus on sustainable startup funding and entrepreneurship over the next five years. Teaching materials are being created with the objective of inspiring innovative projects are being created within the context of a funding program (Horizon Europe) endowed to the amount of € 1.2 million.

Valneva tests coronavirus vaccine

The Austrian/French vaccine producer Valneva has initiated a so-called rolling review for approval of its coronavirus vaccine candidate, VLA2001.

Bundled research competencies

Whether the “Internet of Things”, “Industry 4.0” or other smart and autonomous systems, the basis for such future technologies are so-called “Cyber-physical Systems” (CPS). With VIRTUAL VEHICLE and Silicon Austria Labs (SAL), two leading research institutions in Austria are now pooling their expertise in order to accelerate industry-driven applied research in this area.

EQS Group establishes Austrian subsidiary

The German EQS Group AG is coming to the Austrian capital, establishing a new subsidiary in Vienna. Together with the new Group subsidiary Business Keeper, a pioneer for compliance software in Europe, EQS is the leading cloud provider for whistleblowing systems in Austria.

High-tech seed investor invests in Austrian cryptocurrency investment startup

The Austrian startup Coinpanion enables everyone, without any prior knowledge, to benefit automatically from the cryptocurrency market. Coinpanion handles everything, from simply entering the market to the automated management of cryptocurrencies.

New marketplace for researching automated mobility

ALP.Lab, the testing region for automated driving, has created a new online marketplace together with content partners such as JOANNEUM RESEARCH.

Galileo project with technology from Austria

With its newly developed propellant tanks, Peak Technology convinced AIRBUS and the European Space Agency (ESA) to work with it.

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