
Taking advantage of the consistent course of work and the know-how acquired from the “Archytas” program for the research, development and industrial production of the first Autonomous Multi-Purpose Aerial Vehicle by entities of the wider public sector, the Ministry of Finance is proceeding to finance the design of a second, more complex unmanned aerial vehicle (drone).
In this context, under the supervision of the Ministry of Finance and the Ministry of National Defence, the Hellenic Aerospace Industry (HAI) and four Universities of the country – the Aristotle University of Thessaloniki, the Democritus University of Thrace, the University of Thessaly and the University of Patras – are proceeding with signing a memorandum of cooperation for the design and industrial production of the new aircraft.
Ink on Thursday
The memorandum of cooperation will be signed on Thursday January 12 at 14.00, at an event at the Ministry of Finance, with the participation of Minister Christos Staikouras and Minister of National Defense Nikos Panagiotopoulos, by the administration of HAI and the rectors’ authorities of the four Universities.
The Ministry of Finance, as the main shareholder of EAB, wishing to contribute to the further development of domestic know-how in innovative sectors, in order to strengthen the competitiveness of the company and the country as a whole, decided to support and finance yet another important program, which is expected to yield multiple benefits for the involved bodies and, more broadly, for the scientific community, the Greek economy and, overall, for Greece.


Latest News

Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.

Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries

Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures

Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.

Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations

Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination

Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.

National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.

Int’l Tender for Port of Volos Cancelled
Highest bidder was Thessaloniki Port Authority, with an offer of 51 million euros

E-Transactions in Greece Up 10.7% in 2024, YOY
Mandatory installation of POS machines at practically all businesses, and by self-employed professionals takes a 'bite' out of tax evasion; 614% increase in declared revenue by carwashes