Defense giant Lockheed to draw on Hebrew U innovations

[Sally]

Smart choice for Lockheed, one of America's biggest defense contractors, to make. I can just imagine the innovative things that will come out of this collaboration with an Israeli university.

Defense giant Lockheed to draw on Hebrew U innovations
American contractor will work on advanced research projects via Yissum, the university’s tech transfer body
BY DAVID SHAMAH October 6, 2014, 6:42 pm 1

L to R: , Karen Duneman, Director, Lockheed Martin International; Joshua Shani, CEO Lockheed Martin Israel; Yaacov Michlin CEO of Yissum (Photo credit: Yair Hovav)
WRITERS

David Shamah

• US defense firm Lockheed Martin tightened its relationship with Israel Monday with the signing of a long-term deal with the Yissum Research Development Company, the technology transfer company of the Hebrew University of Jerusalem. Under the deal, the two will sponsor and facilitate joint research at Hebrew U and at Lockheed-Martin research labs, one of which is located in Beersheba.

The collaboration will focus on basic and applicable scientific research in areas such as quantum information sciences and material sciences, as well as in other areas of joint interest, both parties said. Under the agreement, Lockheed-Martin will have the option to purchase exclusive licenses to use any invention or product resulting from joint research endeavors.

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