GMV is one of the leading participants in the 2024 European Defence Fund

GMV, a multinational technology firm and leader in defence technologies and systems, has been selected to participate in six projects under the 2024 European Defence Fund (EDF) call for proposals. This will further consolidate the company’s position as a key player in the development of critical capabilities for Europe’s security and technological autonomy. GMV will be lead two of these six projects – PRECISE and MYRIAD – making it the European company leading the most projects in this EDF funding round. 

One of the 2024 EDF projects being coordinated by GMV is PRECISE, which aims to  develop an advanced solution to improve the ability of European armed forces to anticipate and mitigate the impact on civilian infrastructure during military operations. The resulting tool will facilitate safer and more accurate planning in complex environments.

GMV will also coordinate the MYRIAD project, which focuses on developing technological solutions for detecting, identifying, and characterizing relevant information based on satellite images from various sources, combined with optical and radar data. This system will strengthen strategic surveillance and optimize decision-making for defense.

In addition to these two projects, GMV will be making technological contributions to the following initiatives:

• CITADEL Range: this project aims to reinforce Europe's cyber defence capabilities by creating realistic training environments in this domain. 

• FASETT2: a study of the Future Mid-Size Tactical Cargo (FMTC) aircraft, which a cargo capacity of up to 20 metric tons.

• NINJA2: this project will develop a modular, intelligent ammunition system that can be operated in GNSS‑denied environments.

• iMUGS2: this project will develop and validate autonomous and swarming capabilities for unmanned systems, to improve protection, interoperability, and multi-domain operations.

GMV’s participation in these projects is further strengthens its position as one of the European firms with the strongest presence in the European Defence Fund programmes. GMV has been involved in a total of 42 projects, included in the European Defence Industrial Development Programme (EDIDP) and EDF, being the leader in five of these projects. 

GMV has played a significant role in the latest European Defence Fund call for proposals, thereby reinforcing its commitment to defence technology innovation and its strategic position within the European industrial ecosystem. GMV’s vision is focused on leading the development of advanced technological solutions that respond to today’s challenges and make Europe better prepared to successfully address its strategic needs in the future.

Defence is an important growth area for GMV. Over the past five years, the company has increased its workforce by 70%, which now includes more than 3,500 employees. GMV position at the European level reflects its technological capabilities and leadership in developing a more integrated, autonomous, and interoperable defence industry.

The European Defence Fund promotes cooperation among the EU Member States for joint development of innovative technologies and capabilities. The 2024 call for proposals will fund a total of 62 new projects, with an investment of almost €1 billion. This brings the European Union’s total investment in collaborative defence to over €4 billion since the programme was launched in 2021. These initiatives respond to shared strategic priorities, and they are strengthening Europe’s preparedness to address its current and future security challenges.

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