Israel Aerospace Industries, a world leader in the aerospace and defense sectors, has opened its first American innovation center in Washington, D.C., marking the event with the launch of a new accelerator program.
The new IAI Catalyst program focuses on a number of fields critical to the future of aerospace innovation, among them AI, quantum science, energy and space technology, with the stated aim of becoming an epicenter for aerospace innovation.
IAI says the Catalyst program will host two cohorts every year, each comprising four startups who have passed a rigorous screening process.
The selected startups will be provided with office space, technological and business support from IAI and an investment of $100,000, and will be encouraged to work with IAI engineers on future advanced technologies.
“We are proud to launch the Israel Aerospace Industries Innovation Center in the United States, marking a significant milestone that underscores the deep bond between Israel and the US,,” said Amir Peretz, IAI’s Chairman of the Board of Directors and former Israeli defense minister.
“This center symbolizes the partnership between Israel and America, and the achievements that are reshaping global defense and technology. Together, we will continue to lead, innovate, and shape the future for future generations,” he said.
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