On June 10, 2015, the new Sauletekis (Sunrise) Valley Technology and Innovation Centre was opened in Vilnius.
According to Invest Lithuania, the centre will develop solutions and cutting edge technologies to sell on the global market.
The centre already houses 23 high-tech Research and Development businesses, which have a combined annual turnover of more than 40 million euros, and employ over 300 scientists and specialists.
Among the projects being carried out at Sunrise Valley, is the joint United States/Lithuanian collaboration to develop one of the most powerful cases in the world, which will be used at the ELI-Beamlines research complex in the Czech Republic.
Lithuania's only nano-engineering laboratory is also located at the centre.
Medical solutions developed at Sunrise Valley are currently used in the treatment of cancer and eye-related diseases; artificial corneas developed at the centre mean those needing a transplant are no longer dependent on donors.
"Lithuania is competing in the field of scientific ideas and high technology solutions with global leaders,” Lithuanian President Dalia Grybauskaite said at the opening of the centre. “Our scientists have a lot to offer.
“We must therefore continue investing in the development of high technologies in Lithuania.
They bring not only advancement but also create new jobs and attract more investment to our country.”
The Centre for Physical Sciences and Technology, also based in Sauletekis, is the largest organisation of scientific research in Lithuania, and carries out unique scientific research and technological development in the fields of laser technologies, opto-electronics, nuclear physics, organic chemistry, bio- and nano-technologies, electro-chemical material research, functional substances, and electronic science.