The minister, who is visiting the Laser World of Photonics trade fair in Germany, met with ELI-DC Director General Carlo Rizzuto to discuss Lithuania’s accession to the organization.
“With over 50 years of experience and products holding a 10 percent share of the global scientific laser market, Lithuanian laser producers are ready to join the ELI-DC,” Sinkevicius said in a press release on Tuesday, adding that the country expects to become a member of the organization by the end of the year.
According to media reports, Lithuania would have to pay 200,000 euros in ELI membership fees annually, but its laser manufacturers Ekspla and Sviesos Konversija (Light Conversion) have promised to provide a part of the funds.
The Lithuanian laser industry’s revenue has almost doubled over the past five years to 90 million euros. Thirty Lithuanian companies, which employ over 800 people in total, supply products globally. Almost 90 percent of Lithuanian laser products are exported, mostly to EU, US, Chinese and Japanese laboratories and research centers.