x

Politics

Greece and All NATO Allies Take the Lead on the Development of Innovation Fund

October 22, 2021

ATHENS — Defence Ministers from 17 allied countries – Belgium, the Czech Republic, Estonia, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia and the United Kingdom – agreed to take the lead on the development of NATO’s first Innovation Fund.

“At the Brussels Summit, NATO leaders committed to strengthening our Alliance, including by promoting and protecting transatlantic innovation”, the Secretary General said. “Today we are delivering on that commitment. And together we will keep our people safe in a rapidly changing world”, he added.

This multinational Fund will help NATO retain its technological edge by enabling investment – worth 1 billion euros – in dual-use technologies of potential application to defence and security. It will also facilitate closer and trusted cooperation with deep-tech innovators, which may otherwise be unable to develop successfully the innovative solutions most needed to the protection of the Alliance.

Together with NATO’s Defence Innovation Accelerator for the North Atlantic – or DIANA – the Innovation Fund will support the development of a protected transatlantic innovation community.

Since its launch at NATO’s Brussels Summit, a number of Allies have made offers to host the headquarters, test centres and accelerator sites that will make the DIANA network in both Europe and North America.

Both initiatives are expected to be fully in effect by NATO’s Madrid Summit in 2022.

RELATED

ATHENS, Greece  — Greece on Monday accused neighboring North Macedonia’s new center-right government of breaking a historic deal on the country’s name, warning that this could harm its hopes of one day joining the European Union.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

It’s Not as World-Famous as Ramen or Sushi. But the Humble Onigiri is Soul Food in Japan

TOKYO (AP) — The word “onigiri” became part of the Oxford English Dictionary this year, proof that the humble sticky-rice ball and mainstay of Japanese food has entered the global lexicon.

NEW JERSEY – The Hellenic Federation of New Jersey held its 11th Annual Awards Gala on June 23 at the Greek-owned catering hall The Graycliff.

LEIPZIG, Germany  — Italy substitute Mattia Zaccagni scored in the last minute of stoppage time for Italy to advance to the knockout stage of the European Championship after drawing Croatia 1-1 on Monday.

DUESSELDORF, Germany  — Spain changed almost its entire lineup and still kept up its victorious start to the European Championship with a 1-0 win over Albania, which was eliminated on Monday.

ATHENS, Greece  — Greece on Monday accused neighboring North Macedonia’s new center-right government of breaking a historic deal on the country’s name, warning that this could harm its hopes of one day joining the European Union.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.