German Rocket Factory challenges SpaceX
Bremen/Augsburg – At the Capital Market Day of space technology group OHB SE (Prime Standard, ISIN DE0005936124), Augsburg-based start-up Rocket Factory announced that it will boost the growth of the microlauncher company with a financing round. The current shareholders of … Continue reading German Rocket Factory challenges SpaceX
GTAI: 2020 further bolstered Germany’s reputation
Berlin – Amidst the corona pandemic, a number of international surveys showed that people around the globe have increased regard for German rationalism, stability, respect for law and leadership. Among other things, nations are brands – and Germany got some … Continue reading GTAI: 2020 further bolstered Germany’s reputation
New Berlin Airport ready to start on Nov.1
Berlin – Berlin Brandenburg Airport has undergone all preparations for a successful commissioning. All permits have been granted, all processes have been tested extensively and the process partners are best prepared for the opening as they could possibly be. The … Continue reading New Berlin Airport ready to start on Nov.1
Tesla to acquire German battery assembly maker
Palo Alto – Tesla Inc has agreed to acquire German ATW Automation, a supplier assembling battery modules and packs for the auto industry, a source familiar with the transaction said on Friday. ATW, a subsidiary of Canadian ATS Automation Tooling … Continue reading Tesla to acquire German battery assembly maker
Shanghai’s Fosun Pharma to supply 10 million doses of vaccine
Shanghai/Mainz – Shanghai Fosun Pharmaceutical which aims to bring German partner BioNTech’s coronavirus vaccine to China by the end of the year, has inked an agreement with a distributor to potentially supply 10 million doses to Hong Kong and Macau. … Continue reading Shanghai’s Fosun Pharma to supply 10 million doses of vaccine
Germany fears erosion of Hong Kong’s autonomy
BERLIN – Germany fears that Hong Kong’s autonomy is being “eroded” and Berlin will raise issues such as human rights with China during its presidency of the EU that began this month, Chancellor Angela Merkel said on Friday. “Based on … Continue reading Germany fears erosion of Hong Kong’s autonomy
Germany promotes Battery Production with Subsidies
Berlin – The German government is investing more than EUR 1.5 billion in battery cell research and production – a key element in the country’s planned transition to clean energy and mobility. Major players in the industry are lining up … Continue reading Germany promotes Battery Production with Subsidies
Twitter encouraged to move its HQ to Germany
BERLIN – If U.S. President Donald Trump goes ahead with his threat to close Twitter, the micro-blogging site can always relocate to Germany. After Trump threatened to shut down Twitter for advising its users to fact-check his tweets, a senior … Continue reading Twitter encouraged to move its HQ to Germany
German government to open exhibitions and trade shows
PARIS – UFI, the Global Association for the Exhibition Industry, has welcomed a decision by the German government to pave a way for exhibitions and trade shows in the country to reopen. In its list of measures on dealing with the … Continue reading German government to open exhibitions and trade shows
Germany starts relief program for Corona-hit firms
Berlin – The Germany Ministries of Finance and Economic Affairs and Energy – together with the state-owned bank for domestic and foreign economic development, the KfW – announced the beginning of the massive economic relief program in Berlin on Monday. … Continue reading Germany starts relief program for Corona-hit firms