Based in Berlin, Smart Steel focuses on artificial intelligence and optimization for the steel industry.

With Heraeus as Smart Steel’s largest shareholder, the two will work together to bolster steel producers’ quality and increase production efficiencies. 

“With Smart Steel Technologies, we have a competent partner at our side, with whose software we will further improve production processes in steel mills,” said Jan Rinnert, chief executive of Heraeus Holding and management board chairman. 

Adds Falk-Florian Henrich, founder and chief executive of Smart Steel Technologies: “Heraeus Electro-Nite is a very strong partner for SST. We are looking forward to the joint cooperation and valuable synergies, as well as innovations for the steel industry that will be enabled by the partnership.”