Nexus2050 is a new annual event that puts the spotlight on technology and innovation in Luxembourg. The first edition, held on 26-27 June 2024, focused in particular on artificial intelligence, sustainability, financial technology and cybersecurity. Luxembourg’s innovation support ecosystem was pleased to welcome a host of innovative companies attending the event, including four Chinese companies invited and accompanied by the Luxembourg Trade and Investment Office Shanghai.
At the official opening ceremony, H.R.H. the Crown Prince stated that “innovative investments in Space or Supercomputing have enabled the Grand Duchy to be perceived today not only as a significant financial center but also as a highly attractive place for tech companies. Indeed, we love to punch above our weight, and we are quite good at it.”
Luxembourg’s leading research and technology organisation, the Luxembourg Institute of Science and Technology (LIST), was also present to explain how it cooperates with companies to contribute to the digitalisation and AI value creation cycle. “Our main mission is to de-risk technological innovation for our partners, enterprises or organisations that want to perform technological innovation,” said Francesco Ferrero, Director of LIST’s IT for Innovative Services department. “This means that we are acting as a bridge between knowledge and the market.”
Over two days, Nexus2050 attracted 5,000 participants from more than 60 countries. Several international companies took this opportunity to explore opportunities for business expansion in and through Luxembourg, including Chinese companies Shanghai Jidou Science and Technology, Shanghai Zhuyu Automation Technology, Jiangsu Jingtian Technology, and Nanjing Odyssey Artificial Intelligence Technology.
For robotics company Shanghai Zhuyu Automation Technology, the fair was a good starting point to discover the European market and technology ecosystem. “At the moment, we are mainly active in the Asian market. This is my first visit to Europe and a great opportunity to start thinking about approaching the European market,” said General Manager Bing Zheng.