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Joshua Shani: Lockheed, Yissum Partner on Quantum Computing, Materials Science Research

Joshua Shani: Lockheed, Yissum Partner on Quantum Computing, Materials Science Research - top government contractors - best government contracting event
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Lockheed Martin and Israel-based Yissum Research Development have agreed to conduct joint research into materials engineering and quantum information systems.

The agreement gives Lockheed an option to exclusively license products resulting from their technology R&D collaboration, the companies said Monday in a joint statement.

Joshua Shani, CEO of Lockheed’s Israeli operations, said the business aims to expand outside the defense market by partnering with commercial and academic organizations.

Yissum is the Hebrew University of Jerusalem’s technology transfer arm and has licensed out 750 inventions to date, according to the release.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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