Getting your Trinity Audio player ready...
|
Tel Aviv:Â India and Israel signed a pact on Tuesday to stimulate innovation and accelerate the development of dual-use technologies by small and medium-sized businesses in both countries.
The pact was signed between the Defense Research and Development Organization of India (DRDO) and the Israel Defense Research and Development Directorate (DDR & D).
The signatories to the pact were G Satheesh Reddy, secretary of the Department of Defense, R&D and president of DRDO, and Daniel Gold, director of DDR & D, according to a statement from the Indian Ministry of Defense.
The agreement – known as the Bilateral Innovation Agreement – “will promote innovation and accelerated R&D in startups and MSMEs in both countries for the development of dual-use technologies.”
“Under the agreement, start-ups and industry from both countries will work together to introduce next-generation technologies and products in areas such as drones, robotics, artificial intelligence, quantum technology, photonics, biosensors, brain-machine interface, energy storage. , portable devices. devices and natural language processing. Products and technologies will be customized to meet the unique requirements of both countries, “the statement from India said.
The signatories to the pact were G Satheesh Reddy, secretary of the Department of Defense, R&D and president of DRDO, and Daniel Gold, director of DDR & D, according to a statement from the Indian Ministry of Defense.
The agreement – known as the Bilateral Innovation Agreement – “will promote innovation and accelerated R&D in startups and MSMEs in both countries for the development of dual-use technologies.”
“Under the agreement, start-ups and industry from both countries will work together to introduce next-generation technologies and products in areas such as drones, robotics, artificial intelligence, quantum technology, photonics, biosensors, brain-machine interface, energy storage. , portable devices. devices and natural language processing. Products and technologies will be customized to meet the unique requirements of both countries,” the statement from India said.