28 February 2017, Tel Aviv, Israel – EPIC (European Photo nics Industry Consortium) and IAESI (Israel Association of Electro nics & Software Industries) are mutually motivated in cooperative activities involving technological and commercial advancement in the area of photonics. The partnership will encourage direct co ntact and cooperation between the co nsortiums and its members, exchange of information and contacts, identify partners for H2020 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 Chairmen of the IAESI.

The signature of the MoU took place in co njunction with the EPIC Delegation to Israel wher e from 26 February till 1 March 25 EPIC members met with 40 Israeli companies. The event was a unique opportunity to experience Israel, learn a bout companies, and co nnect with Israeli decision makers and experts.

The Israel Association of Electro nics & Software Industries is comprised of a bout 300 companies in the fields of electronics, telecommunications, semiconductors, medical devices, IT and software. This complements very well the interests of the 300 members of the European Photo nics Industry Consortium, that encompass the entire value chain from photo nics fields such as lighting, photovoltaic, photo nics integrated circuits, optical components, lasers, sensors, imaging, displays, optic fiber and all other photo nics related technologies. Israel is home to a dynamic and vibrant photo nics industry. Several hundreds of photo nics companies employ over 10.000 people. Photo nics companies in Israel are attractive. In the last 2 years, investments have been made in the following Israeli companies: Lumus ($30 million), Innoviz ($9 million), Deep Optics ($4 million), Corephoto nics ($17.8 million), Optimal+ ($42 Million), Sckipio, … and the following numerous 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, Zoran, …