AIT: Record gains and groundbreaking innovations for Austria!

AIT: Record gains and groundbreaking innovations for Austria!

Wien, Österreich - The AIT Austrian Institute of Technology looks back on an economically successful year 2024. The result after taxes was 5.42 million euros, which represents an increase compared to the previous year of 4.89 million euros. The operating income has also grown by 9 % at 218 million euros, while the external revenues from order and co-financed research increased by 11.3 % to 130.7 million euros. At the end of the year, the order stand was 276.2 million euros, which corresponds to an increase of 6 % (

The AIT currently employs 1,653 employees from more than 50 nations. The institute's vision is to establish innovation as a driving force in Europe. This is done by active participation in 127 projects in the EU research framework program Horizon Europe, 26 of which are carried out in the role of the coordinator. Overall, the AIT receives a funding amount of over 77 million euros and is therefore one of the top 3 research institutions in Austria.

Among the new projects are a solid battery laboratory in Vienna, the AIT H2LAB in Seibersdorf and a large test bench for heat pumps. Another destinated goal is to accompany three new spin-off projects in the pre-foundation phase in order to enable them to get started with the market and successful. The AIT works on an ecosystem to support spin-offs in Austria and Europe ( ait.ac.at ).

focus on innovation and competitiveness

Peter Schwab, the chairman of the Supervisory Board of AIT, emphasizes the importance of innovation for growth and competitiveness. The Technology Talks Austria 2025, which will take place on September 11th and 12th, 2025 in the Museumsquartier Vienna, will also deal with this topic and focus on the competitiveness of Europe. At a time when investments in research and innovation are decisive for the future of Europe, AIT plays a central role in curing social challenges and improving the quality of life ( European-union.eu ).

The AIT promotes the cooperation between research teams from different countries and disciplines and supports industry as well as the public sector in technological developments and strategic decisions. With these approaches, the institute actively contributes to strengthening the scientific position of the EU and promoting industrial innovations.