EADS and the Russian Venture Company (RVC) will promote leading technologies to Russia’s industrial sectors through licensing agreements

EADS and the Russian Venture Company (RVC) will promote leading technologies to Russia’s industrial sectors through licensing agreements

Moscow, Russia, October 31, 2013 – New opportunities for Russian industry to benefit from EADS intellectual property and know-how can now be pursued through joint efforts of the EADS Technology Licensing initiative and the Infrafund of the Russian Venture Company (RVC), based on an Memorandum of Understanding signed in Moscow today.

This accord sets a framework for the cooperation of RVC – a Russian federal state venture capital fund, with the EADS Technology Licensing initiative – which is empowered to offer approved patents, processes and knowledge from across the company’s operations and business units based on licensed agreements.

The joint efforts will focus on opportunities in applying EADS know-how to the surface transportation sector, including cars, trucks and railways; in renewable energy applications such as wind and solar power; along with aerospace industry applications. RVC’s role will include the identification of joint business development prospects with EADS among Russian corporations, suppliers, research institutes and in regions across the country.

"Creating the center will open a "window of opportunity" for Russian companies to integrate their solutions into the process chain of the largest aerospace and defense group in Europe. This is a unique opportunity for Russian technology companies to enter the global market "- said Igor Agamirzyan, CEO of RVC.

“Russia continues to grow as a world player in many industrial areas, and this new agreement with RVC will facilitate EADS’ outreach in areas of technology licensing – which is a company priority,” explained EADS Chief Technical Officer Jean Botti.

The Memorandum of Understanding was signed with RVC and the EADS Technology Licensing initiative during a ceremony at the International Forum of Innovative Development - “Open Innovations,” which is being held this week in Moscow.

About EADS
EADS is a global leader in aerospace, defense and related services. In 2012, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of € 56.5 billion and employed a workforce of over 140,000.

About the RVC
RVC was established by the Russian government in 2006 to encourage the country’s venture capital industry and boost venture capital funds. Its roles are that of a government fund of venture capital, channeling public incentives to venture capital and financial support to the high-technology sector; and as a Russian venture capital industry development institution.

About forum «Open Innovations»
Global discussion site — Forum «Open Innovations» — deals with newest technologies and perspectives of international cooperation in the area of innovations.
In 2012 Forum «Open Innovations» has been visited by more than 5000 persons from 42 regions of Russia and 38 countries of the world. Within the framework of the Forum, there have been more than 150 events of the both official and special youth-orientated programs, with more than 700 speakers from 39 countries of the world.

Please request additional information from:
PR department of JSC RVC
Contact person: Yulia Davydova
Phone: (495) 777 01 04, add. 355
E-mail: davydova.yv@rusventure.ru