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EU tech collaboration goals for €21.8bn price range

EU tech collaboration goals for €21.8bn price range

Posted Date: 2023-06-09

The collaboration is backed by €8.1 billion in state support from 14 nations and hopes to draw one other €13.7 billion  of personal funding.EU tech collaboration aims for €21.8bn budget

Contributors embrace Airbus, ASML, Ericsson, GlobalFoundries, Orange, ADI, Continental Automotive and Bosch.

“We must be pioneers. We have to develop really progressive options and naturally their first industrial deployments in Europe,” stated EC vp Margrethe Vestager.


The tasks come beneath the  Essential Venture of Frequent European Curiosity (IPCEI) umbrella which makes them topic to simpler EU state support guidelines.