The Institute of Solid State Physics, University of Latvia (ISSP UL) is an internationally recognized leader in materials science and cross-disciplinary topics, conducting competitive research, educating students, and offering innovative solutions for industrial needs. Its scientific competitiveness as well as its research and innovation ecosystem is enhanced through the Centre of Excellence in Advanced Material Research and Technology Transfer CAMART2 project: www.camart2.eu Our vision - to foster research, development and innovation at global level by creating and maintaining sustainable growth in solid-state physics and material sciences, by providing competitive research environment, and by attracting world-class scientists. Our mission - to turn excellence in solid state physics and materials science into highly educated people and innovation. Our goal - to strengthen the Institute as a Centre for Excellence in Material Research and transfer it into Material Research & Innovation Centre. Our research directions include: Fundamental and experimental research in solid state physics and materials science; Improvement of technologies and experimental methods; Research on material applications. The ISSP UL pays great attention to education, as well as to attracting highly qualified scientific staff. The Institute currently employs more than 100 doctors of science, carrying out internationally competitive research, educating students and offering innovative solutions for industrial needs. ISSP UL cooperates with more than 100 scientific institutions around the world, developing an average of 50 scientific projects per year. About one third of the projects are carried out in jointly with companies. Materize, a platform for cooperation with industry, has been established to promote collaboration between ISSP UL scientists and Latvian and foreign companies in the field of high technology in materials science.