LTIO San Francisco

Luxembourg is taking a new step in its economic diversification strategy with the launch of the Luxembourg Future Fund 3 (LFF 3). The initiative, first introduced in 2015 and now in its third generation, aims to strengthen the country's innovation ecosystem by channeling capital toward high-growth sectors and encouraging investment funds to anchor their teams in the Grand Duchy.

Luxembourg's Ministry of the Economy has awarded €1 million in non-dilutive funding to space biotech company Exobiosphere through its Jeune Entreprise Innovante (JEI) programme, supporting further development of the company's microgravity drug-discovery platform.

Luxembourg space technology company Mission Space has been selected by NASA under the agency's Announcement of Collaboration Opportunity (ACO) to further develop LEEMR (Lunar Electrostatic Environment MonitoR), an instrument designed to monitor lunar dust and electrostatic charging on the Moon's surface.

Multinational steelmaking leader ArcelorMittal is pushing the boundaries of steel innovation from its R&D centre in Luxembourg.