AGP Executive Report
Last update: 11 hours agoCybersecurity: Germany’s BSI warned that some Danfoss industrial cooling systems remain vulnerable to attack, advising operators to disconnect them where possible or secure access with a VPN; available patches may not close every gap. AI & Robotics: Munich-based Agile Robots raised $500 million in a SoftBank-led round at an $8.5 billion valuation, funding expansion in Germany and the US. Its new factory near Munich has stated capacity for up to 10,000 humanoid robots a year, though current output was not disclosed. Factory Automation: ABB is supplying more than 1,700 robots for BMW’s Neue Klasse production in Munich and China, covering welding, riveting, adhesive application and assembly. Cyber Defence: The Bundestag backed a bill expanding Germany’s cyber-defence powers, as the military moves to end use of Chinese-made drones over security concerns.
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