European aerospace and defence group EADS and Russian Nanotechnology Corp. RUSNANO have signed a cooperative research and development agreement in the field of nanotechnology. As a first step, the partners will identify relevant patents in EADS's portfolio, which could be suited to develop new business in the Russian industry.

"As a global leader in aerospace and defence, EADS has technologies that can help our partners maintain their competitive edge," EADS CTO Jean Botti said. "Today's agreement establishes the ground for cooperation in different areas through the use and transfer of Intellectual Property and technology. We are pleased to partner with RUSNANO, a corporation at the forefront of innovation in Russia."

"The advanced technologies of EADS complement well with RUSNANO's strong position in the Russian high tech market," stated RUSNANO CEO Anatoly Chubais. "Our cooperation paves the way for progress in nanotech-related fields, including energy efficiency, new materials, life science and security."

In 2003, the company established a Russian Technology Office, which has been involved in more than 100 cooperative research and technology programmes between EADS and Russian institutions.