HeiQ, Mammut and Nespresso jointly launch outdoor jacket
Schlieren/Seon/Vevey - A trio of Swiss companies, namely HeiQ, Mammut and Nespresso, have joined forces to create a particularly lightweight insulating jacket known as the Extraordinary Jacket. The insulation developed by Mammut contains HeiQ technology using aluminum obtained from recycled Nespresso capsules.
SBB opens new cargo workshop in Chiasso
Chiasso/Bern - SBB, Swiss Federal Railways, has put its renovated cargo workshop in Chiasso into operation. The project took 18 months to complete, with the Swiss national railway company investing more than 12 million Swiss francs in the renovation. By expanding and modernizing the facility, SBB will be able to accelerate maintenance and servicing of locomotives and freight wagons.
Greater Zurich Area Ltd. appoints new Ambassadors 2023
Greater Zurich Area Ltd. appoints new class of Ambassadors for the global promotion of Greater Zurich Area as a technology and business location
Boston Dynamics AI Institute coming to Zurich
Zurich/Cambridge - The Boston Dynamics AI Institute of the Hyundai Motor Company will establish a presence in Greater Zurich at the start of 2024. The team in place here is set to focus on core areas of the institute such as Artificial Intelligence (AI), hardware design, machine learning, mobile manipulation and robot ethics.
Switzerland launches pilot project for tokenized central bank money
Zurich - SIX Swiss Exchange, Swiss National Bank and six commercial banks are working together to trial tokenized central bank money for financial institutions. The pilot project is set to run from December 2023 through to June 2024.
Memo Therapeutics raises 25 million francs in Series C financing
Schlieren/Pfäffikon - Memo Therapeutics has raised 25 million Swiss francs to complete the Phase II clinical trials of AntiBKV for kidney infections in transplantation. The Series C financing was led by Pureos Bioventures.
Wingtra Drones supplies data for Silent Falcon
Zurich/Front Royal - Wingtra and Silent Falcon are working together for the first time. The specialist for 3D remote sensing via artificial intelligence and digital twins, which is used by all airports in the USA, will now also use Wingtra's mapping drones.
SkyCell raises $57 million in fresh capital
Zug - SkyCell has raised $57 million in a funding round, corresponding to a company valuation of $600 million. It will use the fresh capital to make additional smart cold containers for transporting medicines and expand further.
U.S. funds quantum research with ETH participation
Zurich/Innsbruck - The U.S. Research funding agency IARPA is providing financing of up to 40 million dollars to two projects with the participation of the Swiss Federal Institute of Technology in Zurich (ETH). Both projects aim to connect two logical qubits with one another and lay the foundation for future quantum computers.
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