ASML will invest eighty million euros in research at Eindhoven University of Technology over the next ten years. The money from chip machine maker Veldhoven will go, among other things, to scientific research in the fields of physics, technology and artificial intelligence (AI). The company also contributes to building a research room.
The university and the technology company will also conduct research together. TU Eindhoven talks about a win-win situation. According to the university, ASML's investment could lead to “groundbreaking” new knowledge that is important for society and the economy.
ASML will actually benefit from all the brilliant minds that have been trained to become the “senior specialists” required in the chip sector.
New “clean room”.
ASML is also investing in building a new “clean room”, a research area where even the smallest dust particles are filtered from the air to prevent contamination of research materials.
TU Eindhoven itself is expected to invest more than €100 million in building research rooms and recruiting new doctoral students.
“We invest in science in the Netherlands and in training experts,” says Roger Dasen, CFO of ASML. Robert-Jan Smits, Chairman of the University's Executive Board: “I am proud that we are giving a huge boost to the strong cooperation we have had for decades.”
“Beethoven Project”
Peter Wennink, ASML's recently resigned CEO, sounded the alarm at the end of last year about the business climate for technology companies in the Netherlands. If this situation worsens, it will have serious consequences for the economy of our country.
Therefore there were intense negotiations between the government, companies and the region under the name “Project Beethoven”. The goal is to keep major technology companies like ASML and NXP in the Brainport area and improve the quality of life in the area.
The government, in cooperation with the Eindhoven region, pledged 2.5 billion euros. The money is invested in accessibility, housing and education. Intensive cooperation between ASML and TU Eindhoven now also contributes to this, the university wrote.
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And with billions from the Cabinet and the region, they want to give more breathing room to the struggling Brainport region.
ASML started out as a company of forty people, and Gus Fricker was one of them.
The high-tech giant wants to double its workforce from 20,000 to 40,000, which should happen at the Brainport Industries Campus (BIC).
