The Hellenic Entrepreneurs Association (E.EN.E.) organised a dedicated event on Artificial Intelligence titled: “Investments in Artificial Intelligence and Machine Learning in Greece…

The active and consistent participation of member companies of the Hellenic Aerospace Security & Defence Industries Group (HASDIG) in the European Defence Fund (EDF) continues to yield results.
Under the 2024 EDF call, seven Greek companies secured funding and joined 17 research projects, further strengthening Greece’s position on the European map of technological development and defence cooperation.
This success builds on the achievements of previous years, during which HASDIG member companies participated consistently in the EDF programmes of 2021, 2022, and 2023.
According to official data from the European Commission, the seven Greek companies are part of consortia with a total budget of €625.6 million. Of this amount, €487.19 million is covered by EU funding, with the remaining balance financed through national contributions from the Member States.
Overall, the EU funding for EDF-2024 amounts to €910 million.
The companies representing Greece in this new round include:
- IKH S.A. (I Know How)
- ISD S.A. (Integrated Systems Development)
- UCANDRONE S.A.
- SCYTALYS S.A.
- THEON SENSORS S.A.
- Intracom Defense
- Hellenic Aerospace Industry (HAI)
Notably, in three of the 17 awarded projects, the consortia are coordinated by a Greek company. The projects involving Greek participants include:
- ENGRT II (European Next Generation Rotorcraft Technologies Phase II) – ISD S.A.
- BEAST (Boosting Advanced Missile System Technologies) – SCYTALYS S.A.
- PRECISE (Prediction and Response of Effectors on Critical Infrastructure and Structural Environments) – IKH S.A.
- ORQESTRA (Orchestrating the Operational Deployment of Quantum Resistant Services for Next-Generation Secure Defence Systems and Communications) – THEON SENSORS S.A.
- SENTINEL (Sustainable Energy Capabilities for Enhanced Military Camps and Operations) – IDE S.A.
- FASETT2 (Future Air System for European Tactical Transportation 2) – HAI and IKH S.A.
- AURIGA (ArmoURed Infantry Ground Assault) – IDE S.A. and ISD S.A.
- iMUGS2 (Integrated Modular Unmanned Ground System 2) & AI-WASP (Artificial Intelligence Warfare Adaptive Swarm Platform) – ISD S.A.
- 5G COMPAD 2.0 (5G Communications for Peacekeeping and Defence 2.0) – IDE S.A.
- ePERFECT (European High-Performance Processor for RF Defence Applications) – ISD S.A. (Coordinator)
- NEREUS (Naval systEm of systems and integRatED sUrvivability of future EU platfomS) – ISD S.A.
- HARPIA-Defence (Harmonised Approach for Resilient Proactive Intelligence Assessment in Defence) and SWARMER (Swarming Autonomy in Non-Permissive Environments) – IKH S.A. (Coordinator)
- MYRIAD (Multi-source Information System based on Remote Sensing AI Analytics to Support the Strategic Defence Domain) – IKH S.A.
- EDF2024-EPW-Phase2 (European Protected Waveform – Phase 2) – ISD S.A.
- NAVISENSE-X (Autonomous UAV Navigation in GNSS-Denied Environment through Multi-Sensor Fusion and AI-Driven Algorithms) – UCANDRONE S.A.
It is also worth noting that in the previous two EDF calls (2022 and 2023), eight and nine Greek companies respectively – all members of HASDIG – participated in 11 and 13 projects.
Also read: EDF 2023 | Companies – Members of HASDIG actively participate in European research programs
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