Industry
ABB acquires Sevensense, expanding leadership in next-generation AI-enabled mobile robotics
ABB today announced that it has acquired Swiss start-up Sevensense, a leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Sevensense was founded in 2018 as a spin-off from Swiss technical University, ETH Zurich. “This marks…
iO Partners welcomes Charles Boudet as Group CEO
iO Partners proudly announces the appointment of Charles Boudet as Group CEO. With this appointment, iO Partners wishes to further accelerate growth and contribute to the transformation of the real estate sector. Charles Boudet, an industry veteran with a diverse…
ABB acquires innovative optical sensor company to expand smart water management offering
ABB announced that it has agreed to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring and testing. Through the acquisition, ABB will expand its strong presence in the water segment…
ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology
ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former mines. Gravitricity has developed GraviStore, an innovative gravity…
List of ship recycling facilities: first renewals of inclusion for yards located outside the EU
Today, the European Commission adopted the 12th edition of the European List of ship recycling facilities. The updated list renews the inclusion of two yards located in Türkiye and one yard located in the USA, after 5 years on the list.…
Fronius Tauro. Designed to perform – also in sustainability
Powerful in any situation: the robust Fronius Tauro inverter impresses not only by offering maximum flexibility in terms of system design, but also by its minimal overall system operating costs. The robust project inverter makes commercial large-scale photovoltaic systems even…
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business area. Global demand for electricity is growing 10…