STOCKHOLM — Swedish defense firm Saab has entered into a Memorandum of Understanding (MoU) with Ukrainian company Radionix. Announced on March 12, 2025, this strategic collaboration aims to advance the development and maintenance of sensors and defense electronics across multiple domains. Radionix, a key player in Ukraine’s defense industry, specializes in radar and optical targeting…
BRUSSELS – Nine European Union member states have established the “Semicon Coalition,” aiming to fortify the continent’s position in the global semiconductor landscape. The coalition, initiated by Dutch Minister of Economic Affairs Dirk Beljaarts, includes Belgium, Germany, Finland, France, Italy, the Netherlands, Austria, Poland, and Spain. The formal announcement took place on March 12, 2025,…
Saronic Technologies’ $600 million Series C round marks a pivotal step for the autonomous shipbuilding scale-up, supporting its ambition to deliver advanced unmanned naval vessels and reshape maritime defense infrastructure.
AMSTERDAM — In a strategic move to reduce dependence on foreign sources for essential raw materials, the Netherlands has announced the creation of a substantial investment fund aimed at securing critical resources vital for the nation’s industries. The fund, spearheaded by Invest International—a government-backed financier—will pool hundreds of millions of euros from both public and…
BRUSSELS — In an ambitious move to reclaim technological autonomy, European leaders have unveiled the EuroStack initiative, a comprehensive strategy designed to reduce the continent’s reliance on foreign digital technologies and foster homegrown innovation. The initiative was introduced in a report titled “EuroStack – A European Alternative for Digital Sovereignty,” commissioned by the Bertelsmann Stiftung…
PARIS — In a concerted effort to fortify Europe’s air defense capabilities, Thales, the French defense and technology giant, is leading a multinational initiative to enhance the continent’s ability to counter airborne threats, from drone swarms to hypersonic missiles. The European Interactive Sensor-Based Dynamic Defence Network, or EISNET, is a newly formed consortium comprising 23…
