Core Insights - SAP SE has launched the EU AI Cloud, a sovereign AI and cloud offering designed specifically for Europe, which allows customers to choose their level of sovereignty and deployment options [1][2][4] - The collaboration with Cohere aims to enhance AI capabilities for European enterprises, integrating advanced AI models into the SAP Business Technology Platform (SAP BTP) [2][3] - The EU AI Cloud is supported by a robust ecosystem of partners, enabling flexible deployment options and compliance with European data protection regulations [3][5] Group 1: EU AI Cloud Overview - The EU AI Cloud provides a full-stack sovereign cloud offering, ensuring compliance with EU data residency and operational requirements [1][5] - Customers can deploy AI models on SAP's infrastructure or trusted European partners, maintaining control over their data and compliance [5][8] Group 2: Partnership and Ecosystem - SAP's partnership with Cohere will unlock agentic AI capabilities, allowing enterprises to integrate AI into their core business processes without compromising on sovereignty [2][4] - The ecosystem includes leading partners like Mistral AI and OpenAI, facilitating the development and scaling of AI-powered applications [3][4] Group 3: Deployment Flexibility - EU AI Cloud offers various deployment options, including SAP Sovereign Cloud and on-site solutions, tailored to meet specific regulatory and operational needs [5][8] - The infrastructure is designed to ensure that all data remains within the EU, aligning with European data protection standards [8]

Core Insights - Vodafone Group and AST SpaceMobile have chosen Germany for their main Satellite Operations Centre to enhance mobile broadband connectivity across Europe, particularly in underserved areas and for emergency services [1][5][7] Group 1: Satellite Operations Centre - The Satellite Operations Centre will manage satellite connectivity for mobile network operators (MNOs) in Europe, ensuring widespread mobile broadband access [1][2] - The centre's location will be finalized near Munich or Hannover, depending on negotiations [1] - The establishment of the centre is part of a joint venture, SatCo, aimed at providing a sovereign satellite solution for Europe [7] Group 2: Satellite Network and Services - AST SpaceMobile is developing the first space-based cellular broadband network that can be accessed directly by smartphones, targeting both commercial and government applications [2] - The planned satellite constellation will include a 'command switch' feature for European oversight and security, allowing for the management of encryption keys and satellite beam direction [3][9] - The constellation will support public protection and disaster relief (PPDR) by providing reliable connectivity to emergency responders [4][5] Group 3: Infrastructure and Operations - The Operations Centre will monitor extraterrestrial events and manage terrestrial issues, housing ground-based gateway stations for secure links between the satellite constellation and terrestrial networks [6] - The strategic location in Germany will facilitate the integration of satellite services with existing mobile telecom networks, enhancing connectivity across Europe [9] - The planned satellite system aims to support frequency bands suitable for PPDR communications, aligning with the EU Critical Communication System vision [5][9]

Core Insights - The company achieved a revenue growth of 34.3% in Q3 2025, with an organic revenue growth of 8.5%, driven by investments in products, platforms, and AI [2][6] - The integration of Netcompany Banking Services into the Netcompany Group is progressing faster than expected, presenting new opportunities in the Financial Services Industry [4][6] - The company launched new products in the Defence and Resilience, Real Estate, and Life & Pension verticals, responding to increased demand for real-time solutions [3][5] Financial Performance - Organic revenue for Q3 2025 reached DKK 1,746.9 million, reflecting an 8.2% increase, while reported revenue grew to DKK 2,167.8 million, a 34.3% increase [6] - Organic adjusted EBITDA increased by 8.5% to DKK 332.3 million, maintaining an organic adjusted EBITDA margin of 19% [6] - The company revised its financial guidance, expecting organic revenue growth between 6% and 8% for 2025, and adjusted EBITDA margin between 16% and 18% [6] Strategic Initiatives - The company is focusing on European digital sovereignty, emphasizing solutions developed and hosted in Europe [5] - Cost synergies from the integration of Netcompany Banking Services are expected to reach DKK 300 million to DKK 350 million annually by 2028 [6] - The average number of full-time employees was 9,482, with 911 FTEs from Netcompany Banking Services [6]