Augsburg, May 27, 2025 – RENK group AG, a leading supplier of propulsion solutions for the military and civilian sectors, is hosting a naval experts’ symposium with a high-caliber line-up at its headquarters in Augsburg from May 26 to 28, 2025. The three-day event provides a platform for discourse among allied and international military, academics, and esteemed industrial representatives from the maritime defense sector.
The aim is to discuss the future challenges facing the maritime sector, and together to identify technological solutions and develop new ideas for the maritime capabilities of the coming years. The distinguished guests and speakers include the renowned political scientist Prof. Dr. Carlo Masala and Rear Admiral Christoph Müller-Meinhard.
“European countries are currently experiencing the drawbacks of globalization. We see the economic and political dependencies on major players such as China, Russia, and the US – countries that see themselves as maritime powers – on a daily basis. Geostrategic realignment is the only way forward, and we have to ask ourselves what would happen if the US was no longer prepared to ensure freedom of navigation. We need comprehensive maritime capabilities to continue to credibly represent – and if necessary, assert – our economic and political interests on the international stage,” said Masala.
As the undisputed market and technology leader for safety-critical and platform-independent mobility systems for military vehicles and naval vessels, RENK is taking responsibility for actively supporting these radical changes. After all, mobility is at the heart of military vehicles and naval vessels. That is why the symposium will focus on key technology trends, such as hybridization of propulsion systems to increase efficiency and flexibility, refinement in systems engineering for optimum integration of the entire propulsion chain, and the potential of digitalization for optimized operations and predictive maintenance.
CEO of RENK Group AG Dr. Alexander Sagel said, “RENK has been at the forefront in the supply of mission-critical propulsion technology to over 40 navies worldwide for more than 90 years. We don’t just monitor the challenges, we actively develop solutions that will shape maritime capabilities in the coming years.” This is underscored by a recent order intake in Japan, which marks the RENK Group’s official entry into one of the most advanced defense markets in Asia. This order reinforces RENK’s position as a reliable propulsion partner in one of the world’s most important maritime regions and lays the foundation for closer collaboration in the area of next-generation marine technology.
About the RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches and test systems. With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2024, RENK Group AG generated revenue of EUR 1.14 billion. RENK Group AG has been listed on the Frankfurt Stock Exchange since February 7, 2024, and has been a member of the MDAX since March 24, 2025.
Disclaimer
This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.
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