Rheinmetall will receive over €130 million in funding from the European Union to increase ammunition production.
The design of the first Unmanned Aerial Vehicle (UAV) is in the final stages, which is being implemented by the Hellenic Aerospace Industry (HAI), the Aristotle University of Thessaloniki, the Democritus University of Thrace, and the University of Thessaly.
As announced by HAI (01/04/22), a meeting was scheduled by the Office of Associates of the Minister of Finance for Research and Innovation, the Hellenic Aerospace Industry, and the University of Thessaly, where new aspects of the innovative program “Archytas” were presented. The program will upgrade the country’s defence and security.
The topic of the meeting was “Cooperation of the Hellenic Aerospace Industry with Universities and Research Centers: A necessary condition for a strong Greece” and took place at the University of Thessaly in Lamia.
The first VTOL UAV with vertical take-off and landing capabilities is expected to fly in the Greek skies in about two years, the announcement added.
It is emphasized that the platform will strengthen the surveillance of land and sea borders, while it can be used for civil protection purposes and for many other commercial uses. It is an aircraft with Vertical Take-Off and Landing (VTOL) capabilities, features that have not yet appeared in the field of UAVs.
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The program is fully funded by the Ministry of Finance. The Minister of Finance, Christos Staikouras, underlined in his speech at the meeting that “the effort continues and expands, so that our country enters the international arena as a certified designer and producer of high and innovative technology products. It is clear,” he continued, “that this course will bring multiple benefits to the stakeholders, the Greek economy and the country as a whole.”
For his part, the Minister of Development, Adonis Georgiadis, pointed out: “HAI can play a leading role in the critical sector of high technology, something that seems to be the future of the countries’ defence”.
HAI CEO Dimitris Papakostas stated that “HAI pursues an extroverted trade policy that competes worthily in the international environment and has become an important exporter, contributing to the inflow of foreign exchange and the strengthening of GDP.”
The conference was attended, among others, by the rectors of the three academic institutions (the University of Thessaly, Aristotle University of Thessaloniki, and the Democritus University of Thrace) that participate in the research of the “Archytas” program. The president of HAI, I. Koutras, the vice president of the company, M. Koronaios, and top academics also attended.
After the meeting, HAI signed Memoranda of Cooperation with the universities of Thessaly, Thessaloniki and Thrace but also with the National Technical University of Athens, the University of West Attica, the National and Kapodistrian University of Athens and the University of Patras. The aim is to expand their cooperation for a series of know-how products that will strengthen the defence, security and economy of the country.
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