New Zealand entrepreneurs and researchers are set to benefit from a Memorandum of Understanding signed between Auckland UniServices, the commercialisation company of the University of Auckland, and The National Institute of Advanced Industrial Science and Technology (AIST) in Japan, to develop new technology innovation opportunities.
The signing ceremony took place on September 20 at Conrad Tokyo with New Zealand’s Prime Minister, Rt. Hon. Jacinda Ardern, in attendance. The MOU was signed by Dr Andy Shenk, representing the University of Auckland, and President of AIST Dr Chubachi Ryoji.
The agreement will enable the two parties to significantly increase technological cooperation in robotics, artificial intelligence (AI), advanced materials, and energy. The MOU aims to build a framework for close cooperation between students and researchers’ exchange and joint research projects.
“We are excited to advance technological innovations with a research institute of the highest calibre and reputation. AIST will provide vital experience and contacts in the local market to give NZ entrepreneurs an edge when trying to leverage opportunities in Japan and other international markets. The exchange of knowledge will undoubtedly develop ground-breaking technology products that will create jobs and multi-million-dollar revenues for both nations,” says Dr Shenk.
“We were particularly keen to partner with AIST as they share a similar vision to UniServices in creating new technologies that not only improve the economy but also build a more sustainable and eco-friendly society.”