July 7, 2020

DAILY BRIEF: Drones, autonomous cars, blockchains, cranes and natural materials

A drone flying in mountainous landscape
Solita and Unifly are collaborating to advance the international drone airspace.
Solita

All the daily Finnish business news that works: Basemark, Aalto University, Solita, Konecranes, and Finnish material innovators make headlines.

Basemark accelerates growth with fresh funding, an Aalto University-led consortium wins EU support, Solita teams up to develop drone infrastructure, Konecranes lands crane orders, and Finnish material innovators find inspiration from nature.

Basemark raises EUR 7 million for autonomous driving

A smart mirron in a car zooming in on a traffic sign

Finnish company Basemark has raised seven million euros in a funding round led by ETF Partners. The funding will be used to accelerate the software company’s growth in the field of autonomous vehicles. Basemark has enjoyed tremendous growth in recent years serving its customer base that includes automotive equipment and system-on-chip manufacturers. A newly announced partnership with Digital Media Professionals of Japan will also see it develop a smart mirror system for vehicles to reduce the rate of crashes and fatalities caused by limited visibility and blind spots. 

DMP

Aalto-led consortium wins Blockchains for Social Good prize

Aalto University campus from the air

GMeRitS, an international consortium led by researchers at Aalto University, has been awarded the Blockchains for Social Good prize by the Enhanced European Innovation Council (EIC). The consortium was granted the one million-euro prize for its research on blockchain technologies that helps to pave the way for alternative economic structures. The prize is awarded for exploring promising use cases for blockchains outside their traditional domains, which can have far-reaching societal benefits, for example by enhancing transparency, bureaucracy and participation in democratic decision-making. Aalto’s share of the prize is 250 000 euros.

Aalto University

Solita and Unifly join forces to advance drone airspace

A drone flying next to skyscrapers

Finnish digital transformation company Solita has joined forces with Unifly, a European leader in unmanned traffic management (UTM), to streamline the safe integration of drones into the airspace and support operators and enterprises to bring about new drone services. The partners are able to impact the drone space by providing customers with unique data and analytics services that allow for more advanced use of drones.

Unifly / LinkedIn

Konecranes wins orders in Europe and US

A crane lifting containers off a cargo vessel

Finnish company Konecranes has landed orders for harbour cranes in Italy and the US. The company will deliver one crane to a new terminal in the Port of Trieste in northeastern Italy and two portal harbour cranes to the Port of Louisiana. The cranes will handle containers and cargo at the two important ports for international trade.

Konecranes

Finnish nature makes for innovative materials

Sulapac jar next to the sea

Finnish innovators are looking to nature to generate new material solutions bound to make the world a better and cleaner place. Find out more in our feature article by clicking the headline.

Sulapac

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