€300 Million: EU Defense Fund Backs Several Bulgarian Companies in Cyber, Space and AI Projects

Cătălin Roșioru

Bulgarian companies are taking part in eight out of 57 defence projects approved under the European Defense Fund, according to data released by the European Commission. The total value of the projects involving Bulgarian participation is around 319 million euros, while EU grants are expected to reach approximately 244 million euros. Across the bloc, the Commission is financing 1.07 billion euros in projects focused on strengthening defense capabilities by 2030, including artificial intelligence,