The article discusses the significant strides Europe is making towards increasing defense spending and investing in technology, with particular focus on a recent initiative by NATO and the U.K. The launch of the DIANA program aims to foster innovation by integrating startup technologies into defense efforts, establishing a network of accelerator sites and test centers. With a surge in VC funding directed towards defense tech, the program has already selected its inaugural cohort of startups from a competitive pool, aiming to further enhance Europe’s technological capabilities for defense applications.
DIANA brings in new technologies from startups for NATO countries and includes a network of 23 affiliated accelerator sites and 182 test centers.
The U.K. and NATO have now stepped up this week with the launch of the first NATO-approved cohort of startups under its Defense Innovation Accelerator for the North Atlantic (DIANA) program.
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