What we’re currently excited about
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Together with its project partners Filancore GmbH and the Technische Hochschule Ingolstadt, ETO GRUPPE has received funding funding for the TRADE project as part of the BMBF (Federal Ministry of Education and Research) announcement "KMU-innovativ: Informations- und Kommunikationstechnologien". TRADE stands for TRustworthy Autonomous Driving by DEcentralized Authentication and Authorization and deals with the research and development of an identity management solution and original parts protection of in-car components taking into account all stakeholders in the automotive life cycle based on distributed ledger technology.
ETO MAGNETIC is one of Germany’s Most Attractive Employers 2021 among automotive suppliers. This seal of approval signals the high standards lived at ETO to customers and employees. In times of a shortage of skilled workers and changing values, this is particularly important for the recruiting process. For qualified and committed employees, soft criteria such as working climate, working conditions and a good work-life balance are particularly important, in addition to appropriate pay and optimal career opportunities. These are all factors that the renowned F.A.Z. Institute took a closer look at and rated as positive at ETO.
HSG Kosnstanz
HSG Konstanz (the handball division of the sports club TV Konstanz, translator's note) is thrilled: in difficult times they have managed to gain a new major sponsor, ETO GRUPPE, whose name shall be displayed prominently on the front of the division's new jersey. Not only shall the sponsor make a varied appearance in the gym and online, but they shall also provide player sponsorship for the new goalkeeper, Leon Grabenstein. At ETO GRUPPE with its more than 2,500 employees at ten subsidiaries around the world and headquarters in Stockach, people are equally overjoyed. Common values unite and shall lead to a long-standing and lively partnership.
Presenting the new jersey: Björn Schneekloth, ETO COO, Christian Guttke, Marketing and Sales HSG Konstanz, André Melchert, Managing Director HSG Konstanz, Dr. Michael Schwabe, ETO CEO (from left to right). | Picture: HSG Konstanz GmbH
With the acquisition of the two companies inovel elektronik GmbH and inovel systeme AG based in Friedrichshafen, Germany, on July 1, 2021; ETO GRUPPE is expanding its portfolio, among other things, in the fields of agricultural technology, autonomous control systems and Internet of Things (IoT) platforms.
One of Germany's largest publicly funded roadside infrastructure project will utilize the IOTA protocol as core technology. Autonomous vehicles have been a vision for decades. With more sophisticated sensor technology and manufacturing processes, we are now closer than ever reaching that vision. But autonomous driving is challenging. Vehicles must be able to understand their surroundings and adjust to a high number of changing conditions in real-time. This is becoming extremely critical within highway construction zones, where the margin of error is close to zero and the sensors of the vehicle are approaching their technical limits.