Nokia, a Finnish manufacturer of telecom equipment, is to invest 360 million euros in Ulm and Nuremberg, Germany, for software, hardware, and chip design.
The German states of Baden-Württemberg and Bavaria, as well as the German Federal Ministry of Economics and Climate Protection (BMWK), are funding Nokia‘s four-year European IPCEI (Important Projects of Common European Interest) project.
The integrated development of hardware, software, and high-performance systems-on-chips based on digital twins will be the main focus of the project. These will be utilised in future 5G-Advanced and 6G-based telecom systems’ radio and optical devices.
In a statement, Nokia said that it is strengthening the European value chain and adding to its “extensive experience in chip design.” The energy efficiency of the systems to meet the Green Deal’s European climate targets is another area of concern.
According to the statement, in order to accomplish this, the gear manufacturer works closely with universities and research centres. The sustained investment and finance from IPCEI will fortify this relationship.
“With this significant funding, we will be able to continue advancing the telecom sector in Germany and throughout Europe, which will boost innovation and competitiveness. Tommi Uitto, President of Nokia’s Mobile Networks, stated, “It will specifically aid in our research into microelectronics that will power future technologies like 6G, artificial intelligence, and the metaverse as well as develop networks that are more powerful and energy-efficient.”
Additionally, the Finnish telecom equipment manufacturer Nokia has established the “Nokia Federal Solutions (NFS)” business, which will supply the US government with 5G, optical networking, IP routing, private wireless, tactical private wireless, and microwave solutions.
The introduction of NFS highlights Nokia’s enduring dedication to the US government. Nokia released a statement saying, “The company has been a trusted partner for decades, providing essential technology and services to various agencies.”
According to Nokia, the acquisition of Fenix Group, Inc., a supplier of safe tactical private wireless solutions for the military, has strengthened its NFS division even further.
The Banshee product line is one of the tactical communications products offered by Fenix Group. The systems are perfect for supporting a variety of military applications since they are made to offer several devices and users high-speed, low-latency data connections at the same time. Enlightenment Capital owns a portfolio firm called Fenix Group.
“We are reaffirming our commitment to supporting the US Government with Nokia government Solutions by investing in a specialised organisation that will offer the local presence, technological know-how, and support required to enable US government agencies to fulfil their missions. According to Mike Loomis, President of Nokia Federal Solutions, “We are investing to become the U.S. government’s trusted partner for 5G mission-ready solutions.”
