Luxembourg and Denmark have decided to join forces in building the world’s first energy islands. These man-made islands off the Danish coast will be connected to hundreds of offshore wind turbines and will provide green electricity to millions of European households. The innovative initiative confirms Luxembourg’s commitment to using offshore wind power.
CHAMP is one of the global leaders in supplying integrated IT solutions to the airfreight community. Energised by Luxembourg’s data economy ecosystem, the company is using cutting edge technologies to develop data-based, innovative cargo services.
Our increasing use of digital tools during the pandemic radically boosts the need for handling their access in a safe, secure way. The open-source password manager developed by Passbolt is riding on the wave. During the past 12 months, the Luxembourg-based start-up has expanded its staff five-fold and closed a funding round of €2 million.
Luxembourg mobility data analytics company Motion-S has recently announced a partnership with Group a, a prime automotive equipment supplier and investor in Latin America. The investment will allow Motion-S to expand its product portfolio and strengthen its position on the automotive market.
Luxembourg pursues its ambition to become a leading data economy, capitalising on its entrepreneurial spirit and internationally recognised strengths in connectivity and security. The country provides a comprehensive, supportive ecosystem where all parties involved work hand in hand to make business flourish and ensure long-term sustainability.
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