Dear Friends, This year has once again reminded us how unpredictable and complex our markets can be. While global growth continues, it remains uneven, and uncertainty around geopolitics, energy costs and trade still shapes investment decisions across industries. At the same time, demand for electrification, efficiency and sustainable solutions is accelerating – particularly in the…
Dear friends, With the first quarter behind us, it is a good time to share an important milestone in our marine business. We have now exceeded 600 permanent magnet (PM) marine machines ordered, with more than 300 already delivered and operating at sea. Even more importantly, this growing installed base has accumulated over 5 million…
LUT Blossom 2026 was created as a business growth event to help research and commercial collaboration translate into real-world impact. Organized by LUT University for the very first time on Friday, April 10 in Lahti, Finland, the event gathered more than 1,400 attendees from academia, industry and government. One of the main topics of focus…
At the beginning of March, The Switch participated in the three-day WattsUp 2026 conference in Mallorca, hosted by the Maritime Battery Forum. The event brought together battery suppliers, system integrators, shipyards and classification societies to discuss the latest developments in maritime battery technology and related equipment. The conference covered a wide range of topics, including…
