February 23, 2009, Updated September 24, 2012

Israel’s nanotech industry has seen significant growth of 150 percent in the last three years, according to Dan Vilenski, director of the Israel National Nanotech Initiative (INNI).

Research teams have increased from 210 to 325 over the last three years, while the number of companies active in the sector rose from 45 to 75, says Vilenski.

INNI is a joint venture of the government, academia, and industry. The organization, which has raised $250 million from investors, is active in setting up national infrastructure and assisting companies entering the field.

On March 30-31, Israel will hold its first international nanotechnology conference in Jerusalem.

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