GPULab - A competence center and laboratory for research and collaboration within academia and partners in industry has been established in 2008 at section for Scientific Computing, DTU informatics, Technical University of Denmark. In GPULab we focus on the utilization of Graphics Processing Units (GPUs) for high-performance computing applications and software tools in science and engineering, inverse problems, visualization, imaging, dynamic optimization. The goals are to contribute to the development of new state-of-the-art mathematical models and algorithms for maximum throughout performance, improved performance profiling tools and assimilation of results to academic and industrial partners in our network. Our approaches calls for multi-disciplinary skills and understanding of hardware, software development, profiling tools and tuning techniques, analytical methods for analysis and development of new approaches, together with expert knowledge in specific application areas within science and engineering. We anticipate that our research in a near future will bring new algorithms and insight in engineering and science applications targeting practical engineering problems.