Lockheed Martin enters a joint research agreement with Yissum, the technology transfer company of Hebrew University. The agreement also includes an option for Lockheed Martin to buy exclusive licenses to any products developed from the research endeavors.
Their research will mainly concentrate on material sciences and quantum information science. Research may also include other areas of joint interest.
In August, Lockheed Martin created a separate subsidiary in Israel focusing on technology. “This is another step in Lockheed Martin Israel’s long-term plans to develop additional partnerships outside the defense market and partner with the industry and academia in Israel,” said Joshua Shani, chief executive of Lockheed Martin Israel.
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