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EU Pumps Over $1 Billion into Next-Gen Military Innovations

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According to the report, the European Commission has allocated over 1 billion euros ($1.02 billion) for collaborative defense research and development under the European Defense Fund. The initiative focuses on supporting emerging industries in developing ground combat and force protection capabilities.

The report stated that the EDF program promotes nine competitive calls for proposals, covering 31 topics, including funds for human-AI interaction tools, chipsets for defense applications, and deep-sea technology.

The report added that a budget of around 100 million euros ($102 million) covers critical areas such as ground combat, space, air and naval combat, as well as energy resilience and environmental transition.

The report also said that over 40 million euros ($40.9 million) in EU funding is dedicated to research and development in cybersecurity and naval combat.

Additionally, Henna Virkkunen, European Commission Executive Vice-President for Tech Sovereignty, Security, and Democracy, said that a functioning European defense market strengthens Europe’s security and preparedness. He also said that Ukrainian entities can apply for acceleration support as third-party participants for the first time this year.

Source: NextGen Defense

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President of the European Commission Ursula von der Leyen. Photo: European Commission
 
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