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Netanyahu to Ma: “We think there is a marriage here of your great business acumen and your technology with our technology.”
The lab is also working on improving existing technologies as well as developing new ways of discovering what lies beneath the surface, and methods of mapping the dynamics below.
Israel offered to provide technology and knowledge for the host of projects necessary to create new infrastructure for the enclave, but funding and materials must come from the international community.
"You're already in a technological revolution or you will be or you don't know that you're in, and that's the worst situation to be in."
Elbit will supply the F-5 with cutting-edge systems, including Head-Up Displays (HUDs), an advanced cockpit, radars, weapon delivery and navigation systems, as well as DASH IV Head Mounted Systems.
"Cooperation between academia and industry brings results that neither side could ever reach on its own."
ORIX paid $630 million to win a 22.1 percent stake in the Israeli company.
"The challenges we face are quite similar and we need to learn from your experience," said Georgia's Prime Minister.
The prime minister's visit to Hungary is focused on promoting cooperation between the governments and the private sector, underlining high-tech, autonomous vehicles and new technologies.
The MOU was signed at a special event held by the Israel Association of Industrialists in Tel Aviv.
“The Mossad will do its part by financing research and development and, in exchange, will receive technology for its needs."
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