Estonia secures strong position in NATO DIANA defence innovation programme
Today, as part of the second year of the NATO DIANA innovation accelerator, the companies selected for the programme’s next phase were announced. A total of 2613 companies applied to join the second cohort of NATO DIANA, of which 73 were chosen for the first phase – including two Estonian startups. Each team selected for phase two will receive up to €300 000 from NATO DIANA, in addition to the €100 000 grant funding awarded in the first phase.
Seven companies took part in the programme at the NATO DIANA Estonian accelerator, including two Estonian firms – Wayren and Telearmy. Now, as only 15 companies from across the alliance move forward to the second phase, three of them are teams accelerated their growth in Estonia’s accelerator, including both Estonian startups. Alongside the United States, Canada and the United Kingdom, Estonia is one of the only countries represented by two or more firms, giving Estonia one of the strongest showings among NATO nations in the second phase.
“I am very pleased to see Estonia’s contribution to NATO DIANA stand out so strongly. The fact that three teams accelerated here – including two of our own defence industry companies – have advanced to the next stage shows how quickly Estonian entrepreneurs can adapt, act and seize opportunities. The same applies to our Defence Forces, who have been on board with testing new solutions. I dare say that Digital Nation 2.0 will gain momentum thanks to the successes of our defence industry,” said Hanno Pevkur, Minister of Defence.
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Originally published on 4 Sep
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The coalition parties have agreed that either the state or Elering will support the construction of energy storage capacities. The Ministry of Climate historically believed energy storage would be built on market demand. The Ministry of Education and Research, Kristina Kallas stated, “If we purchase offshore wind energy on a large scale and develop these capabilities, we must also ensure that we have the infrastructure for long duration energy storage.” She emphasised that constructing an offshore wind facility without appropriate energy storage poses a significant risk of energy being exported.
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Originally published on 27 Jan
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Originally published on 21 Jan
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Originally published on 15 Jan
US healthcare products manufacturer Hollister Incorporated is expanding its Lithuanian operations. This month, the company has officially opened its financial services center, Hollister SSC Lithuania, complementing its manufacturing facility, Hollister Lietuva, located in the Kaunas Free Economic Zone. Building on this growth, the company has announced plans to establish a new product development (NPD) center at its Lithuanian facility later in the year.
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Originally published on 14 Jan
Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.
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Originally published on 17 Oct