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Climeworks to remove 40,000 tons of CO2 from the air for Morgan Stanley
Zurich/Austin - Climeworks has agreed its second largest contract to date with Morgan Stanley. Climeworks is tasked with removing a total of 40,000 tons of CO2 from the air by 2037 on behalf of the New York-based financial services company. This link-up aims to accelerate Climeworks' expansion in the USA.
Sygnum opens office in Lugano
Zurich/Lugano - Sygnum has announced the opening of an office in Lugano. There, the digital bank intends to work more closely with the growing Bitcoin ecosystem and the city’s Plan B network for the promotion of blockchain technology. Moreover, Sygnum is launching an initiative aimed at agreeing new partnerships.
Sirin Orbital Systems wins Leading Innovation in Space award
Zurich/Houston - Sirin Orbital Systems has secured the Leading Innovation in Space Award 2024. This year, the prize from the World Space Week Association celebrated special achievements in the field of space and climate change.
Molecular Partners and Orano Med agree closer partnership
Schlieren/Plano/Paris - Molecular Partners and Orano Med have expanded their agreement to collaborate in the area of Radio-DARPin therapeutics. They are jointly developing four Radio-DARPin programs, with each company responsible for commercializing two programs each.
Switzerland records second most patents per capita in Europa
Munich - Measured in relation to its population, Switzerland has the second highest number of patent applications for inventions in Europe. It also ranks in the top three for academic patents per full-time equivalent. These findings are the result of an analysis carried out by the European Patent Office (EPO).
UMAMI building new farm in Zurich
Zurich - UMAMI is building a new indoor farm for microgreens and herbs in Zurich. This will require around 90 percent less water and land than a conventional greenhouse. The start-up raised the requisite funding for this project in a Series A financing round.
Swiss AI and Presight join forces for AI solutions in urban planning
Zug/Abu Dhabi - The Artificial Intelligence (AI) company Swiss AI, which is based in the Greater Zurich Area, and Presight from Abu Dhabi intend to jointly offer smart and sustainable solutions for urban environments. The two companies reached an agreement to this end at the technology trade fair GITEX Global in Dubai.
Tecnopolo celebrates ten years of innovations Made in Ticino
Manno - Since it was founded in 2014, Tecnopolo Ticino has played a vital role in the development of 72 companies. Together they have accumulated almost 80 million Swiss francs in capital. The key sectors are ICT, life sciences, agritech, and cleantech.
InSphero facilitates early detection of liver toxicity
Schlieren/Jefferson - The InSphero platform for liver safety has identified the vast majority of drugs known to be toxic to the liver. The benchmarking study was carried out in collaboration with the US FDA, the regulatory agency for the US market, using 3D microtissues of the human liver.

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