Annual Report

Successful 2019 for TNO

TNO can look back on a successful year in which TNO actively contributed to the creation and further implementation of the mission-driven innovation policy. The extra investments made by the government enabled TNO to grow, increase the funding to achieve the missions (in the field of sustainability, safety & security and health) and to close the year with a positive result.

Figures

The positive result of €15.4 million for 2019 (€1 million in 2018) was substantially influenced by non-recurring income, growth related to the increase in government funding and a significantly improved result from participating interests.

Growth and Impact

TNO is well on its way to realising its strategic plan. New investments were initiated (Petten location) or completed (Ypenburg location). At the same time, there is no reason for complacency. TNO sees that the Netherlands and Europe are facing major challenges in the areas of climate, energy, sustainability, safety, health and mobility. Innovation can play an important role here. Developments around the world – including those in the field of technology – are happening at lightning speed. Over the past year TNO has devoted a great deal of attention to the further development of high-tech key technologies such as AI, quantum computing, nanotechnology, optomechatronics and space.

Paul de Krom, CEO of TNO: “The TNO Technology Transfer programme has now led to the start of 19 new companies including 6 in 2019. Together they employ almost 130 people and represent an economic value of around 57 million euros. Within just three years this has made the TNO Technology Transfer programme one of the most successful in Europe”.