News
Luxembourg connects start-ups and high performance computing
27-09-2021
The national high performance computing centre in Luxembourg tailors its “use & support” model to the individual needs of companies of all sizes and develops its ecosystem by participating in local start-up acceleration programmes like Fit 4 Start.
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La Distillerie crowned "best vegetable restaurant" in the world
20-09-2021
La Distillerie (Château Bourglinster – Luxembourg), head chef René Mathieu, was voted the Best Vegetables Restaurant in the World for the second year in a row by green dining guide We’re Sma...
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Luxembourg supercomputer MeluXina the greenest in Europe
20-09-2021
Luxembourg’s high performance computer MeluXina has been ranked as the greenest supercomputer in the EU and the 4th greenest in the world. It also ranks 36th among the most powerful high performance computers in the world.
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Luxembourg Digital Twin for 5G awareness project
16-09-2021
5G-PLANET primarily intends to share LIST‘s experience on the planning and design of new 5G networks, by taking Luxembourg as a practical example. It will specifically target connected mobility ...
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5 digitalisation market trends that transform healthcare
16-09-2021
The coronavirus pandemic has put the healthcare sector centre stage and highlighted challenges as well as new opportunities. Luxinnovation has identified 5 market trends linked to the digitalisation of healthcare which are shaping the health ecosystems of tomorrow.
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Luxembourg a “strong innovator” in the EU
16-09-2021
Luxembourg ranks 7th in the EU and is in the category “strong innovators” in the 2021 edition of the European Innovation Scoreboard. The country stands out in particular for its attractive research system, human resources and intellectual assets.
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Launch of the new edition of Fit 4 Start, with a new HPC and data analytics track
14-09-2021
The Ministry of the Economy and Luxinnovation launch the 12th edition of Fit 4 Start, Luxembourg's acceleration programme. Start-ups active in ICT, healthtech and space are invited to apply until 4 October 2021. In addition, a special track focused on HPC and data analytics will allow up to five of the selected start-ups to benefit from a tailored program involving the Luxembourg national HPC MeluXina.
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Monaco opens data embassy in Luxembourg
14-09-2021
Monaco is the second country after Estonia to open a data embassy in Luxembourg. Sensitive data will be hosted in Luxembourg as a security measure against natural disasters and cyberattacks.
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Hydrogen innovation in Luxembourg
09-09-2021
There are a number of technological challenges to overcome before hydrogen can be deployed on a large scale in the mobility sector. Several Luxembourg organisations are developing innovative solutions.
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Space company Spire now on New York Stock Exchange
02-09-2021
Space data and analytics company Spire has started trading its shares on the New York Stock Exchange. The company, whose European headquarters are located in Luxembourg, aims at enhancing its ability to provide clients with more data faster.
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Rating agency Fitch awards Luxembourg finances AAA rating
31-08-2021
American credit rating agency Fitch has once again confirmed the AAA rating of Luxembourg with a stable outlook. The same rating is awarded by agencies Moody’s, Standard & Poor and DBRS Morningstar, which confirms once more the country’s good financial situation based on a balanced budgetary approach.
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Anisoprint moves 3D printer production to Luxembourg HQ
26-08-2021
Anisoprint recently moved the production of its pioneering 3D printers for composite materials to its headquarters in Luxembourg. Benefiting from the country’s central European location and advanced logistics hub, the company has just shipped the first batch of 3D printers made in Luxembourg to customers.
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Luxembourg is the world’s 12th most competitive economy
24-08-2021
Luxembourg ranks 12th in the 2021 edition of the IMD World Competitiveness Ranking of the world’s most competitive economies. The country gained three places compared to the previous year.
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Computer Vision Research Helping Companies Achieve Success in Space
20-08-2021
Passionate about enabling companies to develop their space ambitions is Prof. Djamila Aouada from the Interdisciplinary Centre for Security, Reliability and Trust (SnT) – a research centre within th...
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SES’s O3b mPOWER Tapped by Microsoft for Azure Network Cloud Services
19-08-2021
Luxembourg SES Satellites has signed on Microsoft as the first cloud provider for its next-generation medium Earth orbit system O3bmPower.
Microsoft is pivoting from being a partner to also a custome...
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Detecting floods, the latest in space innovation
18-08-2021
A new and better way to detect floods just got off the ground. The innovative artificial intelligence model, called “Worldfloods”, can relay flood information from space to disaster response teams...
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State Street appoints new Luxembourg country head
18-08-2021
Riccardo Lamanna has been appointed country head of State Street in Luxembourg. Riccardo is responsible for developing business, stewarding client engagement, developing talent, and building the compa...
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Luxembourg pioneering in the treatment of Parkinson’s disease
18-08-2021
US pharmaceutical company SynAgile has received approval to begin the SCOL (Study of Continuous Oral Levodopa) Phase 2 clinical trial in Luxembourg. SCOL is a unique international clinical trial aimin...
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5 reasons to choose Luxembourg as your European business hub
17-08-2021
The Luxembourg pavilion at Expo 2020 Dubai focuses on "Resourceful Luxembourg". In a guest blog written for the pavilion, Luxembourg Trade & Invest highlights 5 reasons why international companies should consider Luxembourg as a location for their European headquarters or offices.
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Luxembourg third most attractive city
10-08-2021
Luxembourg ranks 3rd in the 2021 Global 150 Cities Index, which identifies cities worldwide that have the ideal combination of high salaries, low taxes, reasonable costs and good quality of life.
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Moody’s confirms Luxembourg’s AAA rating
03-08-2021
Based on Luxembourg’s economic resilience, solid public finances and robust and transparent institutional framework, credit rating agency Moody’s has once again confirmed the country’s AAA rating. Luxembourg is one of the few countries in the world that receives this pledge of stability and confidence.
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Luxembourg among the top 10 financial centres in the world
30-07-2021
Luxembourg ranks 8th in the 2021 edition of the Global Financial Centres Index, which analyses the size and growth of financial markets in over 60 countries. When taking the wider business environment into account, Luxembourg comes 4th. It is also considered the most international of any financial centre.
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Satellite operator SES is leading a consortium to develop a communications system for Luxembourg that uses quantum encryption
29-07-2021
SES will devise a satellite and terrestrial network for Luxembourg’s Quantum Communications Infrastructure project, to provide better cybersecurity for critical infrastructure. SES says satellit...
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Team registrations now open for the 2nd edition of Infrachain Challenge – the Blockchain hackathon
27-07-2021
Infrachain, the Luxembourg based Blockchain community for operational Blockchain projects, announces the opening of team registrations for the second edition of its Blockchain hackathon, the Infrachai...
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A walk to remember
21-07-2021
Hiking is one of the most popular activities in Luxembourg. 5,000 km of signposted trails criss-cross the country and take locals and tourists from the hills of the Ardennes in the north to the Red Rock region in the south.
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SES Government Solutions wins U.S. Thule Air Base connectivity contract
20-07-2021
SES Government Solutions has won a new deal with the U.S. Space Force in Greenland. The Luxembourg operator’s U.S.-based government business will support the Thule Air Base in Greenland with critica...
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Luxembourg’s diplomatic network: At your service
20-07-2021
Through its network of embassies and consular offices, Luxembourg is represented in many countries and international organisations around the world. The diplomatic staff can help you when setting up a business or investing in Luxembourg and assist Luxembourg companies in their internationalisation efforts.
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Reaching the whole European market
15-07-2021
Several Korean companies, such as biotech Medical & Bio Decision (MBD) and AI specialist INFINIQ, have recently opened offices in Luxembourg. Crossroads Magazine asked Younhee Kim, Executive Director of LTIO Seoul, about what attracted them to Luxembourg.
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Spire signs $6M contract extension with NASA
14-07-2021
Spire Global continues to participate in NASA’s Commercial Smallsat Data Acquisition (CSDA) program after signing a $6M contract extension. The CSDA allows NASA to acquire commercial Earth Observati...
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Innovative cold chain solutions
12-07-2021
Luxembourg-based healthtech company B Medical Systems specialises in vaccine cold chain solutions and medical refrigeration. With recent innovations making its vaccine freezers more flexible and resilient, the company is playing a key role in the fight against COVID-19. Its international client portfolio, head count and production facilities are all expanding rapidly.
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