News from the business location Austria
Life sciences sector on the upswing
The life sciences sector developed very positively in Austria, also during the coronavirus pandemic. The latest Life Science Report Austria 2021 concludes that close to 60,440 people working in 982 companies generate revenue of € 25.1 billion, corresponding to a revenue increase of about twelve percent within just three years.
NTT invests in the Vienna business location
The data centre operator NTT Ltd. has already been relying on the Austrian business location since 2015 and is now expanding its existing facility in Vienna.
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).
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.
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.
Blockchain technology for the benefit of art
Non-fungible tokens, in short NFTs, offer new business potential for artists and creative minds.
New research findings on energy conversion in cells
Cells require energy in order to fulfil their many tasks. In the cell’s power plants, known as mitochondria, the energy contained in our food is converted into the molecule ATP.
SAL intensifies 6G research
Digitalisation is fundamentally changing manufacturing industry.
Boehringer Ingelheim opens new biopharmaceutical facility in Vienna
After four years of construction work and an investment volume exceeding € 700 million, Boehringer Ingelheim opened a new biopharmaceutical production plant in Vienna.
Autonomous model cars: Grand Prix victory for the Vienna University of Technology
Totally autonomous model cars competed against each other in the F1TENTH Autonomous Grand Prix in Prague.
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.
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.
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.