Wittenstein sets up €5m foundation

Wittenstein sets up €5m foundation

Business news |
By Nick Flaherty

Wittenstein took over his parent’s small sewing machine business Dewitta in 1979 and turned it into an automation, sensor and robotics specialist Wittenstein AG. Wittenstein Aerospace & Ssimulation was formed in 2003, spinning out RTOS developer Wittenstein High Integrity Systems (HIS) in the UK.

The establishment of the Wittenstein Foundation was confirmed by the Stuttgart Regional Council this week with a focus on promoting education and training as well as science and research. The foundation’s work focuses on exploring and shedding light on the interrelationships between people, technology, nature and society, as well as the economic, technological, social and ecological requirements to conserve resources for future generations.

 “We will be open to any opportunities to achieve the foundation’s purpose. New ideas will be born through constant dialog with society, artists, scientists and politicians,” said Dr Wittenstein. “Keeping the momentum going at all times, all the while keeping everyone on board at their very own pace and rhythm, that will be the key to dealing with the technological challenges and necessities of today in order to master the future of all of us together.”

The foundation is endowed with 5m shares in Wittenstein SE and is taking over sponsorship of the ‘Enter the future’ series of events.

In addition to Dr. Manfred Wittenstein, who is now 79 as chair, the foundation’s advisory and supervisory body are Dr. Bertram Hoffmann (CEO of Wittenstein SE), Prof. Dr. Michael Junker (Member of the Wittenstein SE Supervisory Board), Prof. Dr. Eckard Minx (founder and shareholder of Die Denkbank), Stefan Schraivogel (Marketing and Communications Consultant) and Dr. Anna-Katharina Wittenstein (Member of the Wittenstein SE Management Board).;;

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