About our activities and clients
News
Stay up to date
Latest news
New Luxembourg roadmap for a competitive and sustainable economy
21-06-2021
On 21 June 2021, Minister of the Economy Franz Fayot presented a new roadmap for supporting the transformation of the Luxembourg economy until 2025. The roadmap notably focuses on accelerating digitalisation, facilitating the transition to a circular economy, developing strategic, resilient value chains and fostering a safe, trusted data economy.
Read more
Luxembourg inaugurates its high performance computer
07-06-2021
Luxembourg’s new high performance computer MeluXina was inaugurated on 7 June 2021. Ranked among the top 30 supercomputers in the world, MeluXina has been designed to meet business needs and is available for use by start-ups and SMEs as well as large international groups.
Read more
Crossroads Magazine: Turning data into value
03-06-2021
Luxembourg is on the road to becoming one of Europe’s most sustainable and trusted data economies. The new edition of Crossroads Magazine takes a deep dive into the opportunities generated for businesses in the new data economy. It also provides an insight into Luxembourg’s role as a European hub for the commercial space industry.
Read more
Fit 4 Start #11: 15 companies selected
02-06-2021
15 start-ups from 8 different countries have been selected for participation in the 11th edition of the Fit 4 Start acceleration programme. They will benefit from 6 months of coaching, pre-seed funding and networking activities aimed at facilitating the market launch of the products and services developed by the participants.
Read more
Enabling space ambitions
25-05-2021
Founded in 2006, microsatellite and integrated services specialist LuxSpace is a pioneer in the Luxembourg space sector. While its top-notch products enable a variety of space missions, the company thrives in the dynamic Luxembourg space ecosystem where public and private organisations cooperate to make space business happen.
Read more
CONTEC raises series B funding and announces global ground station expansion
27-04-2021
South Korean CONTEC, a specialist in the design, development and integration of ground systems in space and defence applications, recently announced it raised approximately $11 million from top banks and VC investors for its series B investment round. The company is benefiting from its European HQ in Luxembourg to seek new business partners in the EU.
Read more
Fit 4 Start: 2 more days to apply
13-04-2021
Promising ICT and space start-ups can still apply to accelerator programme Fit 4 Start and compete for 20 weeks of personalised coaching and grants of up to €150,000. The deadline for applying is 15 April 2021.
Read more
Green hydrogen, moon mining, anti-scam technology: Luxembourg’s innovative approach
22-02-2021
Luxembourg is known for audacious moves to develop its economy – building one of the world’s leading financial centres from scratch is perhaps the most well-known example. The Financial Times reports on other initiatives focusing on renewable energy, space technology and cybersecurity.
Read more
LIST-Gradel joint lab to produce ultra-lightweight structures for space
27-01-2021
The Luxembourg Institute of Science and Technology (LIST) has announced a new partnership venture with Luxembourg company Gradel to research and produce ultra-lightweight structures for the aeronautics and space industry. The joint lab will produced parts for three European giants in satellite construction: Thales Alenia Space, Airbus Defence and Space, and OHB.
Read more
5 things to know about cybersecurity in Luxembourg
02-12-2020
A strong national cybersecurity ecosystem is a key pillar for developing Luxembourg’s trusted and secure data-driven economy. A new study by SECURITYMADEIN.LU and Luxinnovation provides five key insights into the strengths and unique characteristics of Luxembourg’s cybersecurity ecosystem.
Read more
Luxembourg teams up with ESA to create a unique European Space Resources Innovation Centre
18-11-2020
Luxembourg just entered a strategic partnership with the European Space Agency (ESA) to create a European Space Resources Innovation Centre (ESRIC). Unique of its kind, ESRIC aims to become an internationally recognised centre of expertise for scientific, technical, business and economic aspects related to the use of space resources for human and robotic exploration, as well as for a future in-space economy.
Read more
Facilitating data exchange for innovation
16-10-2020
Data is one of the most precious assets in today’s information society. In a keynote address given at the final of the EU Datathon competition on 15 October 2020, Luxinnovation’s CEO Sasha Baillie spoke about the enormous value that can be derived from data and the need for establishing accessible, high-quality, secure data exchange platforms.
Read more
New Fit 4 Start graduates and participants announced
15-10-2020
Minister of the Economy Franz Fayot and Sasha Baillie, CEO of Luxinnovation, announced on 15 October the names of the 20 start-ups that have been selected for participation in the 10th edition of the Fit 4 Start acceleration programme. The minister also summarised the results of the programme, 5 years after its launch.
Read more
Luxembourg among the first signatories of the Artemis Accords
14-10-2020
Luxembourg became a founding member of the Artemis Accords when Minister of the Economy Franz Fayot signed the Accords on behalf of the country. The objectives of the NASA-led programme include sending the first woman and next man to the surface of the Moon in 2024.
Read more
Finding business partners for the European market
01-10-2020
Over 30 international start-ups recently participated in ICT Spring, one of Luxembourg’s largest tech events, with support from the international network of Luxembourg Trade & Invest. A great opportunity to meet new customers and partners and enter into the European market.
Read more
Luxembourg acquires petascale high performance computer
30-09-2020
On 29 September 2020, Prime Minister Xavier Bettel and Minister of the Economy Franz Fayot announced the acquisition of Luxembourg's high performance computer (HPC). Named MeluXina, it will become part of the European HPC network.
Read more
Launch of first high-performance microsatellite of its kind produced and assembled in Luxembourg
03-09-2020
The ESAIL microsatellite for tracking ships worldwide was launched on 2 September 2020. ESAIL is the first satellite of its kind produced and assembled in Luxembourg by LuxSpace, involving a large number of European small and medium-sized enterprises.
Read more
Using space power technology for clean energy on Earth
06-07-2020
Maana Electric has developed a revolutionary technology for producing solar panels from sand. Attracted to Luxembourg by the country’s drive to support the new space sector, the start-up is developing a cost-effective and clean way of producing solar energy that can be used on Earth as well as in space.
Read more
Combining technology and insurance for a better life
28-04-2020
A graduate of Luxembourg’s start-up acceleration programme Fit 4 Start, OKO combines satellite data and mobile phone technology to provide affordable and accessible crop insurance to farmers in Africa. An innovative business model that promotes both climate resilience and financial inclusion.
Read more
University and start-up to work on in-orbit satellite repairs
18-02-2020
The University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) signed a partnership agreement with the space start-up LIFT ME OFF. The cooperation provides crucial research support for tackling future needs of autonomous in-orbit satellite repairs.
Read more
Artificial intelligence for the benefit of all
22-01-2020
In May 2019, the Luxembourg government presented its strategic vision for artificial intelligence. The main priority of the Prime Minister and Minister for Digitalisation is to ensure that this extremely powerful technology will bring advantages to everyone.
Read more
Luxembourg invests in fund for space technologies
16-01-2020
Together with public and private partners, the Luxembourg government has invested in Orbital Ventures, an investment fund targeting early stage companies in the space sector.
Read more
First-rate infrastructure for the data economy
07-01-2020
Data is the most precious asset of the digital economy. Europe is building a world-class infrastructure for high-performance computing, thereby making it possible to exploit this highly valuable resource on an unprecedented scale.
Read more
Becoming a leading data economy (2/2)
06-01-2020
Luxembourg is well prepared for the challenges in a digital interconnected future. The Deputy Prime Minister and Minister of the Economy continues to outline the government's plans to turn Luxembourg into Europe's most trusted data economy.
Read more
Becoming a leading data economy (1/2)
02-01-2020
Luxembourg is determined to become Europe’s most-trusted data economy over the next few years. The Deputy Prime Minister and Minister of the Economy outlines the government’s plan to achieve this, set out in the recently released strategy for data-driven innovation.
Read more
Clean space: Luxembourg and NorthStar to create centre of excellence
20-12-2019
The Luxembourg government and global environmental information platform NorthStar will create a centre of excellence for clean space in Luxembourg. The two entities signed a letter of intent on 19 December 2019.
Read more
Luxembourg and UN launch "Space Law for New Space Actors" project
15-11-2019
The project will provide UN member states with ad hoc expertise in drafting national space legislation and national space policies aligned with international space law.
Read more
Luxembourg signs two new international partnerships on space
23-10-2019
NASA and the Luxembourg Space Agency (LSA) will explore different areas to identify collaboration opportunities. LSA will also cooperate with the German Aerospace Centre on research related to space resources utilisation.
Read more
Luxembourg to set up space resources innovation centre
22-10-2019
Over time, the objective is to expand the centre further in collaboration with the European Space Agency and give it a European and even international scope.
Read more
The Luxembourg space sector highlighted at Korea Space Forum
19-07-2019
On 18 July 2019, during the last day of the economic mission to Korea, Deputy Prime Minister and Minister of the Economy Étienne Schneider presented the Luxembourg space sector at the Korea Space Forum. The minister highlighted Luxembourg's key role in promoting the private space economy and the country's willingness to exchange with others.
Read more