The investment is part of US$555 million improvement plan through 2022/2023.
The two technology companies have won the iF Design Award for the TR8 fan gun.
O'BellX generates avalanches through exploding a mixture of hydrogen and oxygen contained within an open cone positioned in locations considered prone to avalanches.
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Construction work is ongoing at TechnoAlpin’s new production site in Bolzano, Italy, with the company expecting to have relocated to the facility by 2019.
China is currently TechnoAlpin’s largest market for the S6 snow gun, which is specially designed to produce snow indoors.
A contact sleeve solution developed by Mennekes is being used by TechnoAlpin to reduce the force required to plug and unplug connectors on its snowguns.
The Snow4Ever technology, which produces snow when air temperatures are above freezing, has been used at the Stelvio Pass in Italy this month to assist international ski teams with preparations for the new season.
A Snowfactory SF100 unit produced by TechnoAlpin has been installed on the Titlis glacier in Switzerland, at a height of 3020 m above sea level.