New pilot line to be incubator of photonics multinationals in Eindhoven

photonics multinationals

New pilot line to be incubator of photonics multinationals in Eindhoven

Photonics is an emerging technology with a potential multitrillion market. Innovative small and medium sized enterprises (SMEs) are at the forefront of this development, but the R&D costs are prohibitive for them. That’s why 12 partners from northwestern Europe are creating an open access pilot line that will drastically reduce costs and time for the pilot production of new products. This new facility is projected to be the incubator of a thousand new companies and thousands of jobs. The 14 million euro project (OIP4NWE) is supported by the European Regional Development Fund and kicked off this week in Eindhoven. Continue reading “New pilot line to be incubator of photonics multinationals in Eindhoven”