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Luxembourg: maintained AAA rating and stable economic outlook
Two credit rating agencies, Fitch and DBRS Morningstar, confirmed Luxembourg's AAA rating on 4 September 2020. The two agencies also estimate that the country has the capacity needed to face the economic consequences of the COVID-19 pandemic.
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Calculating cyber risk: A Luxembourg start-up at the forefront
As the use of digital technologies increases, so do the risks. American start-up Cyberhedge has come to Luxembourg to develop a method for calculating how cyber risk impacts business value, which it hopes will soon become an international standard.
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Launch of first high-performance microsatellite of its kind produced and assembled in Luxembourg
The ESAIL microsatellite for tracking ships worldwide 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.
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Luxembourg will host European space resources innovation centre
A cooperation agreement was signed between the Luxembourg Space Agency (LSA) and the Luxembourg Institute of Science and Technology (LIST) aimed at creating a European Space Resources Innovation Centre (ESRIC) in Luxembourg by the end of 2020.
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Uni / start-up partnership on smart mobility
Silicon Valley start-up Civil Maps and the University of Luxembourg’s Interdisciplinary Centre for Security, Reliability and Trust (SnT) announce a research partnership focused on autonomous driving technology. The partnership expands the country’s research focus on self-driving vehicles.
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New information for international companies
Two new sections on the Luxembourg Trade & Invest website expand the information available about the advantages of doing business in Luxembourg and the support available to companies.
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