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On Friday (22 October 2021), at a signing ceremony hosted by NATO’s Secretary Normal, Defence Ministers from 17 Allied nations* agreed to take the lead on the event of NATO’s first Innovation Fund.
“On the Brussels Summit, NATO leaders dedicated to strengthening our Alliance, together with by selling and defending transatlantic innovation”, the Secretary Normal stated. “As we speak we’re delivering on that dedication. And collectively we’ll maintain our individuals secure in a quickly altering world”, he added.
This multinational Fund will assist NATO retain its technological edge by enabling funding – value 1 billion euros – in dual-use applied sciences of potential software to defence and safety. It’ll additionally facilitate nearer and trusted cooperation with deep-tech innovators, which can in any other case be unable to develop efficiently the modern options most wanted to the safety of the Alliance.
Along with NATO’s Defence Innovation Accelerator for the North Atlantic – or DIANA – the Innovation Fund will help the event of a protected transatlantic innovation group.
Since its launch at NATO’s Brussels Summit, plenty of Allies have made affords to host the headquarters, take a look at centres and accelerator websites that can make the DIANA community in each Europe and North America.
Each initiatives are anticipated to be absolutely in impact by NATO’s Madrid Summit in 2022.
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