Insights

The Patria-led European defence industry consortium AI-WASP, which consists of 16 leading defence companies, has been selected by the European Commission (EC) to receive nearly EUR 45 million in funding. This grant is part of the EDF 2024 funding round that allocated nearly EUR 1 billion to collaborative European defence research and development. Spinverse helped prepare the successful proposal and will support Patria and the consortium in the project’s day-to-day management.

In 2023, the EU Commission will be allocating close to 1  B€ to the most promising European defence development and research projects. The call texts are due to be published in the spring of 2023, but now is the time for companies and research entities to start making plans for EDF 2023.

The European defence industry consortium FAMOUS2 led by Patria and consisting of leading defence companies from nine European countries, has been selected by the European Commission (EC) to receive almost 95 M€ in funding from the first European Defence Fund (EDF) work programme worth a total of 1.2 B€. Spinverse helped plan and prepare the successful proposal and will support Patria in the project’s day-to-day management.

The European Defence Fund 2022 will offer many opportunities for the defence industry companies. The projects are divided into capability development and research projects, each with their own special characteristics. We estimate that the call texts for this year’s European Defence Fund application round will be published in June 2022.

European Defence Fund (EDF) is the European Commission's initiative to support collaborative defence research and development, and to foster an innovative and competitive defence industrial base. The extensive fund offers remarkable growth and collaboration opportunities to defence industries throughout Europe.

The European Defence Fund (EDF) was officially launched in 2017 by the European Commission. Its objective is to strengthen the EU’s strategic autonomy and boost Europe’s defence capabilities. From 2021 onwards the EDF, worth more than 7.9 B€, will foster an innovative and competitive defence industrial base, offering growth opportunities for companies operating in the sector.

In 2017, the European Commission officially launched the European Defence Fund to boost Europe’s defence capabilities. From 2021 onwards, the new European Defence Fund (EDF), worth 13 B€, will foster an innovative and competitive defence industrial base and contribute to the EU's strategic autonomy. Two pilot programmes, the European defence industrial development programme (EDIDP) and the Preparatory Action on Defence Research (PADR) precede the EDF. EDIDP is an industrial programme of the EU aiming to support the competitiveness and innovation capacity of the union’s defence industry, whereas PADR funds research projects.