The European Space Agency has eliminated the Truths climate monitoring mission from its upcoming funding proposal. This cut comes amid broader budget uncertainty and political turmoil among key member states, raising questions about Europe’s space science priorities.
Adyen is betting big on agentic commerce, claiming its existing strengths in authentication and fraud prevention position it perfectly for the AI shopping revolution. The payments processor is already collaborating with Visa and Google on early protocols while posting impressive Q3 growth.
The European Union is assembling a €25 billion scale-up fund with major private investors to address Europe’s chronic late-stage funding gap. This ambitious initiative targets deep-tech sectors where Europe risks falling behind global competitors.
Financial institutions face a perfect storm for fraud as economic pressure, increased opportunity, and rationalization converge. Recent cases at BNP Paribas and regional US banks may be just the beginning of a much larger systemic threat.
Stockholm-based Grasp has raised €6 million in Series A funding to scale its multi-agent AI systems that automate complex financial analysis and consulting work. The startup, founded by former McKinsey consultants and Ericsson engineers, serves nearly 200 customers including Big Four consulting firm
While the EIC has emerged as Europe’s biggest deeptech investor, the continent still faces systemic challenges in scaling frontier technology companies. Public funding alone cannot solve Europe’s innovation translation problem.
New research shows Europe’s 21% electrification rate lags behind China and costs citizens three times more for energy. Accelerating adoption could transform energy security and competitiveness across the continent.
The European Space Agency is finalizing a 22-billion-euro program package for its upcoming ministerial conference despite U.S. budget uncertainties and the removal of a key Earth science mission. Agency leaders express confidence in navigating funding challenges and industry consolidation while maintaining Europe’s competitive position in space exploration.
The European Space Agency is putting the final touches on a comprehensive 22-billion-euro ($25.6 billion) program package for presentation at next month’s ministerial conference, according to agency leadership. Despite facing significant budget uncertainties from international partners and internal funding challenges, sources indicate the overall package size has remained largely unchanged during preparation.
Strategic Consolidation in European Space Sector Three of Europe’s foremost aerospace and defense corporations—Airbus, Leonardo, and Thales—have announced a groundbreaking…
A major European investment is positioning Cyprus as a key player in Earth observation technologies. The project focuses on climate change monitoring and disaster management through advanced satellite systems. International collaboration fuels this initiative, expected to significantly impact environmental policy and sustainable development.
Cyprus is reportedly set to become a global center for Earth observation through a substantial €38 million project, according to sources familiar with the initiative. The European Union has contributed €15 million through its Horizon Europe research program EXCELSIOR, while the Cypriot government matched this funding and the Cyprus University of Technology (Tepak) provided €8 million. Analysts suggest this investment represents a significant commitment to advancing geospatial technologies in the Mediterranean region.
