PhotonHub Europe Sets Sights High at €1B Revenue by 2025

Through photonics training, PhotonHub Europe sets out to generate €1 billion in new EU revenue by 2025

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+  PhotonHub Europe, a new photonics digital innovation hub based at the Vrije Universiteit Brussel, has just won a €19 million investment from the EU’s Horizon 2020 programme.

“Photonics is essential to the functioning of new applications which are powering the new industrial wave – Industry 4.0 – and which are also critical to our ability to fundamentally address the enormous global societal and environmental challenges of our times”, said Professor Hugo Thienpont, Director of Brussels Photonics at the VUB and overall coordinator of PhotonHub Europe.

+  The hub says its goal is to ensure Europe’s strength on the global tech stage, helping European SMEs and mid-market companies become competitive digital businesses through faster and smarter deployment of photonics-based technologies.

+  “PhotonHub can dramatically lower the barriers to innovation for these companies to start experimenting and expanding their use of photonics,” said Mr. Ewit Roos of PhotonDelta in the Netherlands, and co-leader of the ‘test before invest’ program. He says they have 500 of Europe’s top experts ready to advise on anything from design to prototyping, upscaling to manufacturing, and even intellectual property laws.

Source:  Annie Musgrave,  Through photonics training, PhotonHub Europe sets out to generate €1 billion in new EU revenue by 2025…

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