DRDO and DDR&D to jointly fund work on next generation products
As a tangible demonstration of the growing Indo–Israeli technological cooperation, Defence Research and Development Organisation (DRDO) and Israel’s Directorate of Defence Research and Development (DDR&D) have entered into a Bilateral Innovation Agreement (BIA) to promote innovation and accelerated R&D in startups and MSMEs of both countries for the development of dual use technologies.
The agreement was signed between and Secretary, Department of Defence, R&D & Chairman DRDO Dr G Satheesh Reddy and Head of DDR&D, Israel BG (Retd) Dr Daniel Gold in New Delhi on 9 November 2021, the Ministry of Defence said.
Under the agreement, both countries’ startups and industries will work together to bring out next generation technologies and products in the areas such as Drones, Robotics, Artificial Intelligence, Quantum technology, Photonics, Bio-sensing, Brain-Machine Interface, Energy Storage, Wearable Devices, Natural Language Processing, among others.
Products and technologies will be customised to meet unique requirements of both the countries.
The development efforts will be jointly funded by DRDO and DDR&D, Israel. The technologies developed under BIA will be available to both countries for their domestic applications. #technology #investment #startup /fiinews.com
