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- Welcome everyone in
our BCG studio in Davos.

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It's my pleasure to welcome
André Loesekrug-Pietri.

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- Hello Sylvain.

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- Hello, Chairman of JEDI.

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What's JEDI?

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For those who don't know.

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JEDI is the European
version of ARPA, not DARPA.

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I know it's important
that we take out the D,

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when we describe ARPA,

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an agency dedicated to
pushing disruptive innovation,

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in Europe.

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And at BCG we are committed to
bring disruptive innovations

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to life with our corporate partners.

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And it's my pleasure
to have you here today.

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On deep tech and deep technology,

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one question everyone has, André, is:

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is it really starting today

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or is it something for
tomorrow, next year?

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- It's really happening now.

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I mean, think about the
emergence of new materials.

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Think about the changes in energy.

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Think about obviously the
importance of quantum computing,

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for our encrypted communications.

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Everything which is critical
for business operation

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and for economic resilience today.

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And the other thing is this
deep tech needs time to prepare.

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So if you don't prepare today,

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you might get in a disadvantage
in three, four years.

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- So we need to act now.

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Europe needs to act now.

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How is JEDI helping on this?

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- Well the assessment is that Europe

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should not miss the train of
this acceleration of science

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and technology.

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We've seen during the pandemic,

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that we were able to develop
a vaccine in eight months

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and this might be possible
in many other sectors.

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So what we do is we launch
technological challenges

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and we change the way we
do traditional research.

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Purpose-driven, so we look at the impact

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and not at who we give the money to.

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We put excellence first.

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Does it come from corporates,

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from startups, or from research?

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And we leverage different disciplines,

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because we believe deep tech disruptions

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will come from the convergence
of different disciplines

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and that makes it so exciting,

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but also challenging for corporates.

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- Of course and for the corporate world

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or for us as BCG we
tremendously value the access,

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to the latest research

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or the most innovative startups
you can provide us with.

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On your side, working closely with BCG,

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as we've been doing for some time already,

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what do you expect from
that collaboration?

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- Look ARPA has been an
extremely successful agency.

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I mean GPS, ARPANET,
Internet, but also you know,

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advancement in autonomous
driving et cetera.

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All that was DARPA driven.

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But sometimes some of these technologies,

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were developed without thinking
about what could come next.

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For us, it's super important,

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number one to have the knowledge,

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the expertise of the corporate world.

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And secondly, to have in the room,

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when we develop our challenges,

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those who will later on scale them.

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Because we need to have this continuum,

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we need to very quickly implement.

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For us, time is as important
as the money we pour in.

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- And everyone is super impatient,

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to see all those technologies
coming to life anyway.

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Last question to you.

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2023 starting, deep tech
is all over the place.

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What's the most exciting
thing in deep tech,

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for 2023 for you André?

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- Well, I will take two.

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One the topic about synthetic biology.

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The fact that we really
entered this world,

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of growing products, material
and less and less extracting.

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We know obviously the climate change

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and the sustainability challenge,

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but that will have consequences
obviously on health care,

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it will have consequences
on material, on energy.

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And the second thing is space.

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Space looks like something

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which still was kind of the
last frontier of mankind,

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but space now is affecting communication,

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is completely disrupting the
communication environment.

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And secondly it's also disrupting

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the way you are doing
agriculture for example.

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Understanding how soils capture carbon.

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What is the value of the
soil for different...

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To reduce the amount of insurance.

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I mean it is going to have an impact,

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which is difficult to measure,
but which will be tremendous.

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- André, thank you for those perspectives.

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- Thank you Sylvain.