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SCHAEFFLER AG (FRA:DE000SHA) EQS-News: Schaeffler opens state-of-the-art technology center in Herzogenaurach

Transparency directive : regulatory news

30/10/2024 18:31

EQS-News: Schaeffler AG / Key word(s): Miscellaneous
Schaeffler opens state-of-the-art technology center in Herzogenaurach

30.10.2024 / 18:31 CET/CEST
The issuer is solely responsible for the content of this announcement.


 
Schaeffler opens state-of-the-art technology center in Herzogenaurach
 
  • Successful completion of technology center at company’s headquarters in Herzogenaurach
  • Investment of around 90 million euros is proof of company’s commitment to the region and to Germany as an industrial base
  • Technology center pools development expertise in material sciences for promising growth areas like electric mobility, battery technology and hydrogen

Herzogenaurach, Germany | October 30, 2024 | Schaeffler AG has opened a cutting-edge technology center at its headquarters in Herzogenaurach. Around 90 million euros were invested in the construction of the technology center. The build was completed on schedule in two years and five months. The technology center has a footprint of more than 18,000 square meters and brings together core areas of expertise in materials science and materials engineering. These are vitally important for the development of technological innovations in the fields of electric mobility, battery technology and hydrogen.

Klaus Rosenfeld, CEO of Schaeffler AG, explains: “The cutting-edge technology center in Herzogenaurach testifies to our company’s commitment to Germany as an industrial base and is a beacon of outstanding innovative strength and development excellence. These are qualities that have set Schaeffler apart for decades. Through the new technology center, we aim to bring innovations in promising growth areas to fruition even faster. This is part of our mission to form the leading motion technology company.”

Technological milestone at company headquarters
The newly opened technology center can accommodate a workforce of around 340 and consists of 15 laboratories covering measuring, testing and calibrating systems and material, chemical, coating and nano technologies. The focus is primarily on solutions that facilitate the energy and mobility transition. In the new laboratories, research activities will concentrate on materials science and materials engineering, for example innovative coatings for solid state batteries or Schaeffler hydrogen bipolar plates. Moreover, an EMC laboratory allows the electromagnetic compatibility of electronic components like Schaeffler’s innovative power electronics to be tested. These tests are crucial for electric mobility, as they help to make products safer and more resistant to electromagnetic interference.

The entire office space was set up in accordance with “new work” principles and creates a work environment that fosters collaboration and interdisciplinary teamwork. The building meets the most stringent requirements for sustainability and has been certified to the DGNB (German Sustainable Building Council) gold standard. For example, it uses waste heat from production processes for heating.

Uwe Wagner, Chief Technology Officer of Schaeffler AG, says: “Innovative materials are extremely important for sustainable solutions in the field of motion technologies, for example in electric mobility, robotics or wind power. The technology center in Herzogenaurach will set benchmarks and strengthen our global R&D network in the long term.”

The new technology center’s “Motion Hub” is a separate area where the company will present its realigned range of products and services – which resulted from the acquisition of Vitesco Technologies and now features eight product families – to customers, suppliers and employees.

 

 

Forward-looking statements and forecasts

Certain statements in this press release are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or developments to differ materially from those expressed or implied in the forward-looking statements. These risks, uncertainties and assumptions may have a negative impact on the results and financial consequences of the plans and developments described in this document. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, by means of a public announcement. Recipients of this press release should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Statements contained in this press release regarding past trends or developments should not be regarded as statements that these trends and developments will continue in the future. The foregoing cautionary statements should be considered in connection with subsequent oral or written forward-looking statements made by Schaeffler or persons acting on its behalf.

 

 

Schaeffler Group – We pioneer motion

The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. Schaeffler describes its comprehensive range of products and services in the mobility ecosystem by means of eight product families: From bearing solutions and all types of linear guidance systems through to repair and monitoring services. Schaeffler is with around 120,000 employees and more than 250 locations in 55 countries, one of the world’s largest family-owned companies and one of Germany’s most innovative companies.

 

 

Contact:

 

Dr. Axel Lüdeke
Head of Group Communications
& Public Affairs
Schaeffler AG, Herzogenaurach, Germany
+49 9132 82 8901
axel.luedeke@schaeffler.com
 
Heiko Eber
Head of Investor Relations
Schaeffler AG, Herzogenaurach, Germany
+49 9132 82 88125
heiko.eber@schaeffler.com       
 
Daniel Pokorny
Head of Communications Technology, Operations & Digitalization    
Schaeffler AG, Herzogenaurach, Germany
+49 9132 82 88708
daniel.pokorny@schaeffler.com
Johann Eisenmann
Senior Manager Investor Relations
Schaeffler AG, Herzogenaurach, Germany
+49 9132 82 4440
ir@schaeffler.com

 

 

                   

 



30.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Schaeffler AG
Industriestr. 1-3
91074 Herzogenaurach
Germany
Phone: 09132 - 82 0
E-mail: ir@schaeffler.com
Internet: www.schaeffler.com
ISIN: DE000SHA0019
WKN: SHA015
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2019391

 
End of News EQS News Service

2019391  30.10.2024 CET/CEST

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