July 6, 2020
DAILY BRIEF: Mars-bound technology, large energy deal, building services, top university spin-off and edtech
Finnish technology will travel to Mars onboard NASA's Perseverance rover.
All the daily Finnish business news that works: Fortum, Vaisala, FMI, Caverion, Comptek Solutions and Finnish education technology make headlines.
Fortum announces a substantial energy deal, Caverion extends a partnership in Germany, Comptek Solutions is recognised as a top university spin-off, Vaisala and the Finnish Meteorological Institute (FMI) take part in NASA’s rover mission to Mars, and the Finnish edtech sector finds opportunities during the pandemic.
Finnish energy company Fortum has agreed to sell its district heating business in the Järvenpää-Tuusula area in Finland for 375 million euros to a consortium consisting of Vantaa Energy, Infranode and Keva. Fortum produced around 330 gigawatt-hours of heat and 90 gigawatt-hours of power at the Järvenpää plant last year. The deal is subject to customary closing conditions but is expected to be completed in the third quarter of 2020.
Finnish company Caverion has signed a new service agreement with the German Aerospace Center (DLR) in Oberpfaffenhofen, one of the largest research centres in Germany. The new deal widens the long-time partnership to cover energy management at the facility. Caverion will continue to be responsible for managed services and the technical maintenance of all building solutions, including automation, cooling, security and safety. The DLR is the national aeronautics and space research centre of Germany.
Finnish company Comptek Solutions has been selected as one of 44 top science-based spinoff companies worldwide in the inaugural Spinoff Prize competition. The contest was organised by the prestigious scientific journal publisher Nature Research, together with science and technology company Merck. A spin-off from the University of Turku in Finland, Comptek Solutions was one of only two companies from the semiconductor industry labelled as ‘ones to watch’ in the contest. Semiconductor materials are used to manufacture various kinds of electronic devices, and Comptek Solutions is focused on solving a problem that has plagued the industry for years: oxidation.
An international collaboration is taking Finnish company Vaisala and the Finnish Meteorological Institute’s (FMI) equipment to Mars onboard NASA’s Mars 2020 Perseverance rover. Vaisala’s sensor technology combined with FMI’s measurement instrumentation will be used to obtain accurate and reliable pressure and humidity data from the planet’s surface. The rover is scheduled to launch on 30 July 2020 and expected to land on the red planet in February 2021. There, Perseverance will form a small-scale observation network with its predecessor, Curiosity, in what will be the first phase of an extensive observation network planned on Mars.
Finnish edtech companies have discovered new opportunities as the demand for digital learning solutions has increased during the coronavirus pandemic. Read more on the subject in our feature article by clicking the headline.
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