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With this operation, GMV integrates a key niche technology that expands its portfolio of technological solutions in defense and security
GMV further enhances its technological capabilities in the security sector, generating synergies and reinforcing its leadership in other key areas of its activities such as space, cybersecurity, and intelligent transportation systems
Cross-domain technologies are absolutely essential for the secure exchange of information and are expected to experience a significant increase in demand worldwide in the coming years
The company is participating in eight 2023 European Defence Fund (EDF) projects, securing its place in the group of European companies with the highest number of contracts
It has been awarded a total of 36 projects between EDIDP and EDF, representing a European Commission contribution of nearly 350 million euros
The projects are focused on the development of the capabilities of force protection systems, mission systems, aviation, command and control, space surveillance, navigation, and secure communications
Of the projects GMV was awarded following the European Defence Fund (EDF) 2022 call for proposals, CONVOY focuses on the detection of improvised explosive devices, using drones and unmanned ground vehicles deployed with various types of sensors, and applying artificial intelligence and cloud technology
The initiative, funded by the European Union and in particular by the European Defence Fund, has an estimated budget of €4,986,989.50
CONVOY participants include leading companies and organizations, committed to enhancing safety and security in critical environments by applying cutting-edge technology