Swiss AI Intelligence

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BusinessGermany20 Aug 2026, 07:16

Vattenfall and terralayr bring industry's first virtual battery toll into full operation

Vattenfall now operates the full 55 MW of its seven‑year tolling contract, made possible by terralayr’s LAYR platform that aggregates eight decentralized large‑scale storage systems into a single, dispatchable virtual battery. The staged ramp‑up began in January 2026, reaching full capacity in August 2026, and represents the first operational multi‑asset capacity toll for battery storage in Europe. The platform distributes dispatch commands across the portfolio, mitigating single‑asset risks and enabling utilities to procure flexibility without direct storage investment.

Source: Startupticker

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BusinessBern20 Aug 2026, 02:00

Switzerland and China conclude negotiations on optimisation of free trade agreement

On 20 August 2026, President Guy Parmelin and Chinese Minister of Commerce Wang Wentao announced that negotiations on the optimisation of the free trade agreement between Switzerland and China had been concluded. The new agreement will allow 99.8% of Swiss exports to enter China duty‑free, expands environmental and labour rights, and covers rules of origin, trade facilitation, trade in services, digital trade, competition, and economic and technical cooperation. The agreement is expected to be signed by the end of 2026 after domestic approval.

Source: Swiss Federal Government

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BusinessZürich, Switzerland18 Aug 2026, 14:35

Digital Health-Startup Aepsy übernimmt Kinastic

Aepsy, a Zurich-based digital health startup, has acquired Swiss market leader Kinastic, expanding its platform to include preventive health content and serving over 150 partner companies. The integration will merge Kinastic’s app and HR planning tool with Aepsy’s existing psychological support services, creating a single‑handed health offering for employees. The deal strengthens Aepsy’s position as a comprehensive workplace health platform in Switzerland.

Source: Startupticker

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BusinessSwitzerland18 Aug 2026, 14:35

EvoNext Holdings in Advanced Discussions for Reverse Merger with Ascend Sport Technology

EvoNext Holdings SA (SIX: EVE) is in advanced discussions with Lucerne‑based Ascend Sport Technology AG to list Ascend on the SIX Swiss Exchange via a reverse merger. Ascend is a profitable, AI‑enabled Swiss sports technology company known for LED advertising banners and digital overlay technology that displays different adverts for different television channels. The transaction would value EvoNext shareholders at CHF 2.50 per share.

Source: Startupticker

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BusinessNeuchâtel, Switzerland18 Aug 2026, 02:00

In the 2nd quarter 2026, the employed population grew by 0.8% and ILO unemployment stood at 4.9%

In the 2nd quarter of 2026, the number of employed persons in Switzerland increased by 0.8% year‑on‑year. The ILO‑defined unemployment rate rose from 4.6% to 4.9%, while the EU rate remained at 5.9%. These results come from the Swiss Labour Force Survey conducted by the Federal Statistical Office.

Source: Swiss Federal Government

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