http://www.bizjournals.com/columbus/prnewswire/press_releases/Georgia/2012/02/29/DC61571?ana=prnews

WASHINGTON, Feb. 29, 2012 /PRNewswire-USNewswire/ — As the Governments ofthe United States and Israel shift their policy vision to building robust commercial space industries, the U.S.-Israel Science and Technology Foundation (USISTF) is facilitating the cooperation between U.S. and Israeli industry that will help make that vision a reality.

Israel Space 2012, which took place from January 28th – February 3rd, 2012, organized by USISTF in cooperation with the U.S. Commercial Service and the Airlift Company brought U.S. and European commercial space companies to Israel to see first-hand next generation technologies being developed by innovative Israeli companies to develop new business partnerships. Companies attended an international business forum, organized by USISTF that highlighted U.S. and Israel government space programs and the opportunities their new emphases on private sector capabilities open for new joint activities.

The international delegation included Virgin Galactic, the Ohio Department of Development, Optimax Systems, Sierra Nevada Corporation, Gomspace, EaDs Astrium, Astro- und Feinwerktechnik Aldershof, Evoleo Technologies and Ruag Space. Participating Israeli companies included Accubeat, BAE Systems Rokar, Boeing, Cyclone, Elop, IAI, Kanfit, Rafael, Satlink and Spacecom.

Ann Liebschutz, Executive Director of the U.S.-Israel Science and Technology Foundation says, “our program, which drew together innovative U.S. and Israeli commercial space companies offers an opportunity to showcase the technology and services that each had to offer but also aims to move beyond conversations by working to create working consortia of U.S. and Israeli scientists to jointly provide the commercial space solutions of tomorrow.”

The U.S.-Israel Science & Technology Foundation (USISTF) is a Washington, DCbased 501c3 non-profit organization founded by a joint initiative of the U.S. Department of Commerce and the Israel Ministry of Industry, Trade and Labor with a mission of strengthening the scientific and R&D relationship of the U.S. and Israel to promote economic growth through innovation. USISTF convenes U.S.-Israel scientific and industry conferences, produces policy strategies and facilitates R&D framework programs that enable joint research activities.

For more information, please contact Ann Liebschutz, Executive Director, U.S.-Israel Science and Technology Foundation.

Contact: Ann Liebschutz
Telephone: 202/204-3102
E-mail: ann@usistf.org