EPIC and Israeli group sign MOU for photonics cooperation

March 6, 2017

The European Photonics Industry Consortium and the Israel Association of Electronics & Software Industries (IAESI) signed an MOU.

Conard Holton

The European Photonics Industry Consortium (EPIC) and the Israel Association of Electronics & Software Industries (IAESI; Tel Aviv) signed a Memorandum of Understanding (MOU) setting the framework for cooperative activities involving technological and commercial advancement in photonics. The partnership will encourage direct contact and cooperation between the consortiums and its members, exchange of information and contacts, identify partners for Horizon 2020 collaborative research projects, co-host visits of delegates of each consortium’s commercial trade missions, and business events.

Carlos Lee, Director General of EPIC, and Zvi Marom, Founder and CEO of BATM, and Chairman of the IAESI, signed the MOU in conjunction with a visit by the EPIC delegation to Israel February 26 to March 1. 25 EPIC members met with 40 Israeli companies. The event was a unique opportunity to experience Israel, learn about companies, and connect with Israeli decision makers and experts.

IAESI comprises about 300 companies in the fields of electronics, telecommunications, semiconductors, medical devices, IT, and software, which complements the interests of the 300 members of EPIC. Israel is also home to several hundred photonics companies employing over 10,000 people.

The IAESI notes that, in the last 2 years, investments have been made in the following Israeli companies: Lumus ($30 million), Innoviz ($9 million), Deep Optics ($4 million), Corephotonics ($17.8 million), and Optimal+ ($42 Million). The following Israeli companies have been acquired in recent years: ACS Motions Control, Alma Lasers, Anobit, Broadlight, Cadent, CogniTens, Cyopyics, Kailight, Light Instruments, Lightech, Linx Computational, Mobile Access, Ophir Optronics, Pebble Interfaces, Primesense, Provigent, Radiancy, Red-C, Spectrum Dynamics, V-Gen, and Zoran.

Source: EPIC

About the Author

Conard Holton | Editor at Large

Conard Holton has 25 years of science and technology editing and writing experience. He was formerly a staff member and consultant for government agencies such as the New York State Energy Research and Development Authority and the International Atomic Energy Agency, and engineering companies such as Bechtel. He joined Laser Focus World in 1997 as senior editor, becoming editor in chief of WDM Solutions, which he founded in 1999. In 2003 he joined Vision Systems Design as editor in chief, while continuing as contributing editor at Laser Focus World. Conard became editor in chief of Laser Focus World in August 2011, a role in which he served through August 2018. He then served as Editor at Large for Laser Focus World and Co-Chair of the Lasers & Photonics Marketplace Seminar from August 2018 through January 2022. He received his B.A. from the University of Pennsylvania, with additional studies at the Colorado School of Mines and Medill School of Journalism at Northwestern University.