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munich

EIB finances KINEXON with €15 mln to develop their internet of things technology

2 mins read

The FINANCIAL — The European Investment Bank (EIB) and KINEXON, a Munich-based global technology leader that develops hardware and software solutions, have signed a €15 million venture debt loan to promote KINEXON’s real-time localisation technology, which enables objects or people to interact in a smarter, more efficient way using the internet of things (IoT). The financing will help KINEXON to expand in Europe, the US and Asia and support the development of new products including enhanced data analytics and artificial intelligence. The transaction is supported by the European Fund for Strategic Investments (EFSI). EFSI is the financial heart of the Investment Plan for…

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EIB finances KINEXON with €15 mln to develop their internet of things technology

2 mins read

The FINANCIAL — The European Investment Bank (EIB) and KINEXON, a Munich-based global technology leader that develops hardware and software solutions, have signed a €15 million venture debt loan to promote KINEXON’s real-time localisation technology, which enables objects or people to interact in a smarter, more efficient way using the internet of things (IoT). The…

Lufthansa will deploy one of the most modern aircraft – Airbus A350-900

1 min read

For the duration of the winter timetable (until the end of March 2021) Lufthansa will be deploying four of the currently parked Airbus A350-900s to its hub in Frankfurt. The Airbus A350-900 is one of the most modern and environmentally friendly long-haul aircraft in the world. Over the next few months the A350-900 will be…

Lufthansa resumed flights from Tbilisi, Air France and airBaltic to follow suit

2 mins read

The FINANCIAL — Today, on 3rd of August, German Airline Lufthansa, resumed regular flights from Tbilisi, Georgia to Germany. During the first regular flight to Munich, all passengers were given TAV branded masks from the airport staff. Flights will be performed twice a week. Technical negotiations have been successfully completed with Air France and airBaltic and commercial flights will be…