LIFT99 raised investment round for a platform to grow more unicorn startups from CEE

Taizo Son, the Founder of Mistletoe and of Japanese mobile gaming company GungHo leads an investment round of $2,3 Mil to develop a skillsharing platform from founders to founders that will transform the way startup entrepreneurs share their expertise and learn. "We love how LIFT99 is creating the startup community conscientiously and believe it makes a huge impact on the startup community in the Central Eastern Europe,” says Son.

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automatica 2018: Human-robot interaction is a key to unlock the potential of service robotics

Advances in human-robot interaction, enabled by graphics displays, artificial intelligence and sensors, are ushering in a new generation of service robots that are easy to programme and intuitive to use. In Munich, from 19 to 22 June, 2018, automatica will demonstrate how state-of-the-art products and systems - from flexible, collaborative robot tools to smart warehouses and humanoids - place people at the heart of their design, enabling not only better assistance and collaboration but also reduced costs.

Wireless Charging System developed on Kia Soul EV

Three-year development project successfully progressed from development to real-world performance. System can wirelessly charge cars with up to 85 percent efficiency, even when misaligned.

Marking an important step in the future of electric vehicles, the Hyundai-Kia America Technical Center, Inc. (HATCI) and Mojo Mobility, Inc. (Mojo) have completed a three-year project to develop a fast-charging wireless power transfer system on a test fleet of Kia Soul EVs[i]. The project, in collaboration with the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy, paves the way for the future of electric vehicles in which plugs are no longer necessary.

Viking Grace transforms into a sailing ship

Viking Line starts collaboration with the winds of the Baltic Sea. The M/S Viking Grace is the first passenger ship in the world equipped with a rotor sail for the utilisation of wind power. Developed by the Finnish company Norsepower Oy Ltd, the Rotor Sail Solution will cut fuel consumption and reduce emissions by up to 900 tonnes annually.

Viking Line will operate the Viking Grace on windassisted voyages between Turku (Finland) and Stockholm (Sweden) from April 12th 2018.

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Elering and Baltic Connector OY sign an agreement to build the offshore section of Balticconnector

On Thursday, Elering and the Finnish state-owned Baltic Connector OY signed an agreement with Allseas to install the biggest section of the offshore pipeline for the Balticconnector Estonian-Finnish gas connection.

Balticconnector’s offshore construction project will start this summer with seabed preparations to install the pipeline. According to the schedule, the actual submarine pipeline will be laid in summer 2019. The work will be finished by autumn of next year, after which preparations for the utilisation of the pipeline will begin.

European Space Agency Business Incubation Centre Estonia accepted three new start-ups

European Space Agency Business Incubation Centre Estonia (ESA BIC Estonia) had three new start-ups join the incubation program focusing on ground-based application of space technologies.

ESA BIC Estonia, opened end of last year, held a successful second round with six applicants. In March 22nd, an official evaluation board was held with representatives form ESA and ESA BIC Estonia’s consortia partners, choosing three start-ups to join ESA BIC Estonia.

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DHL Global Trade Barometer increases

The positive outlook for world trade has continued to improve. The DHL Global Trade Barometer increased to 66 points in March from 64 points in January when the newly created index was initially published. With an index value clearly above 50, the DHL Global Trade Barometer continues to signal solid positive growth for global trade within the next three months. Furthermore, the increase indicates that growth is gaining momentum.