Ramot, Tel Aviv University’s technology transfer company, has signed a research agreement with Eurocontrol Technics Group, a Canadian company focused on acquiring, developing and commercialising technologies.
Eurocontrol’s portfolio consists of businesses developing energy security, authentication, verification and certification technologies. The research agreement with Ramot is made via one of Eurocontrol’s three wholly owned subsidiaries, Global Fluids International.
The partnership will chiefly focus on developing a novel approach for fuel marking, with Global Fluids having exclusive first rights to license and commercialise the resulting technology. The research project will be led by professor Fernando Patolsky.
Financial terms of the agreement were not disclosed as part of the announcement.
W. Bruce Rowlands, chairman and chief executive at Eurocontrol, said: “We are very pleased to have partnered with Ramot at Tel Aviv University, an institute that is well known for advancing unique technologies to commercial markets through sponsored research and development agreements with industry, such as the one we have entered into today. The sponsorship of this project with professor Patolsky is an important investment in advancing fuel authentication technology and is a further example of how Eurocontrol remains a leader in the authentication, certification and verification technology markets worldwide.
