The 2024 European Defence Fund sees 298 proposals competing for €1.1 billion in funding.

The 2024 European Defence Fund (EDF) has received a record 298 proposals, a 25% increase from 2023, competing for €1.1 billion in funding for collaborative defense projects. Notably, proposals from small and medium-sized enterprises (SMEs) and research organizations rose by 28%. Projects cover advancements in armored vehicles, hypersonic missile defense, and autonomous systems. The EDF aims to foster innovation, particularly among SMEs, with €225 million allocated for this purpose. Results from evaluations are expected in May 2025.

November 07, 2024
3 Articles