Greek spin-offs attract global interest

The distance between Athens and Tokyo is more than 9,500 kilometers; that between Greece and Japan in terms of technological development may well be even greater, with the Asian country having enjoyed a clear lead for decades.

However, these distances have not stopped the representatives of a major Japanese car manufacturer from traveling to Athens to meet the people who have developed an innovative hydrogen compressor that constitutes one of the main technologies for the future of automobiles: They are the people of CYRUS PC, a spin-off of NCSR Demokritos.

CYRUS is one of the many examples to have emerged in recent years of successful spin-offs - i.e. companies set up for the commercial use of patents owned by a university or a research entity with the participation of members of the academic community (professors, researchers, students) who have contributed toward...