Source: NATO
“This is a tremendous milestone for the NATO Innovation Fund” said David van Weel, Assistant Secretary General for Innovation, Hybrid and Cyber. “With these investments, the Fund is now starting to make a tangible difference in our innovation ecosystems, providing growth opportunities to the most promising dual-use and defence companies developing solutions to maintain the Alliance’s technological edge”.
“Congratulations to NIF’s investment team on reaching this significant milestone,” said Dr. Klaus Hommels, Chair, NATO Innovation Fund. “This initial portfolio of investments exemplifies NIF’s mission to advance defence, security and resilience and promote the development of dual-use ecosystems across the NATO Alliance.”
Direct investments in emerging deep tech startups in Europe and the UK
The Fund’s investments will help remove barriers to growth for emerging technologies in Europe and the UK – from advancing our collective AI capabilities to pushing the boundaries of manufacturing novel materials.
The Fund’s direct investments include:
- ARX Robotics, a manufacturer of scalable robotic systems for mass deployment in defence, commercial and humanitarian applications to future-proof armed forces, and increase the safety and efficiency of workforces.
- Fractile, an AI company that is developing transformative computing technology to enhance collective AI capabilities by enabling the largest and most capable neural networks of today and tomorrow to run faster, more efficiently and sustainably.
- iCOMAT, an advanced composite manufacturing company that delivers lighter, stronger and more sustainable structures for aerospace and automotive vehicles faster and more cost-effectively.
- Space Forge, a company that utilises the space environment to manufacture advanced semiconductor materials for critical infrastructure, ensuring more powerful and resilient capabilities across telecommunications, aerospace, and quantum.