We keep track of important developments across Europe to make sure you are up to date.
The Scaleup Europe Fund, backed by the European Commission and managed by EQT, co-led ICEYE’s €1 billion Series F funding round. The Finnish SpaceTech company, specialising in sovereign radar satellite intelligence, will use the funds to expand its dual-use capabilities across Europe and beyond. The investment marks
by Christian Triantafillou Schade
6 Aug 2026
The UK Government Digital Service (GDS) and the Department for Business, Innovation, Science and Trade (BIST) are collaborating to streamline business services on GOV.UK. The initiative aims to reduce administrative burdens on businesses by 25% (£5.6bn) by the end of parliament, aligning with broader regulatory simplification efforts. (UK
(#source_UK-GDS)
The Netherlands has blocked U.S.-based Kyndryl's attempt to acquire Dutch cloud provider Solvinity, citing national security concerns. The decision reflects growing EU scrutiny over foreign control of digital identity infrastructure, including the deployment of EUDI Wallets, as biometrics consolidation accelerates. (BIOMETRICUPDATE) Biometrics consolidation reflects shift to
(#source_Biometric-Update)
The EU is expanding its IRIS² secure satellite network by adding 66 new satellites to bolster Europe's security, resilience and digital sovereignty. The move aims to reduce reliance on non-European infrastructure and strengthen strategic autonomy in space-based services. (EU_PERSPECTIVES) Europe just went all in on
(#source_euperspectives.eu)
Italy activates its €900 million National Made in Italy Fund (FNMI) on 22 July to invest public capital in SMEs operating in critical sectors such as clean energy, advanced manufacturing and semiconductors. The initiative aims to strengthen domestic industrial capabilities and reduce strategic dependencies, with a focus on processing, supply
(#source_Decode39)
Italy’s export credit agency SACE and Western Australia signed a declaration to deepen cooperation on critical minerals, clean-energy technology and strategic supply chains. The agreement aims to build resilient bilateral supply chains and open new investment opportunities between Italian and Australian companies, Decode39 reports. (DECODE39) Italy taps Western
(#source_Decode39)
Italy’s defense sector secures over €900 million in strategic investments within 48 hours, including Nuburu’s 70% stake in Tekne, Xenon’s acquisition of Deas, and Cdp Equity’s 85.5% stake in T-Defence. The deals, valued at €565 million for Tekne alone, signal growing European and American
(#source_Decode39)
The European Union Agency for Cybersecurity (ENISA) now oversees 20 CVE Numbering Authorities (CNAs), including NATO’s NCIA and AI cybersecurity specialist AISLE, following its expanded role in the Common Vulnerabilities and Exposures (CVE) Program. The move aims to strengthen Europe’s vulnerability management infrastructure and coordination, reducing reliance on
(#source_eeNews-Europe)
Bulgarian satellite company EnduroSat plans to develop Europe’s largest space and defense R&D centre at the former Dobroslavtsi airport. The project, announced with Prime Minister Rumen Radev, follows government approval of a memorandum with Starbase Europe EOOD, owned by EnduroSat’s founder. The initiative aims to bolster
(#source_The-Recursive)
The EU Cyber Resilience Act (Regulation (EU) 2024/2847) will require connected product manufacturers to demonstrate full software and supply-chain transparency from 2027. SBOMs, vulnerability tracking and lifecycle documentation become mandatory CE compliance elements, reshaping embedded and IoT development practices across Europe. (EENEWS EUROPE) Cyber Resilience Act, Part 3:
(#source_eeNews-Europe)
NEO Semiconductor launches NEO.AI, a memory platform combining X-SRAM and 3D X-DRAM to address AI processor bottlenecks. X-SRAM offers up to five times greater on-chip memory density, while 3D X-DRAM could increase high-bandwidth memory capacity tenfold. The platform aims to enhance AI hardware
(#source_eeNews-Europe)
Italy’s parliamentary intelligence watchdog COPASIR dedicates a dedicated section to China’s strategic influence in its 2026 annual report, framing it as a long-term national security issue. The report links Chinese influence to economic resilience, technology and critical infrastructure, signalling stronger oversight in these areas. (DECODE39) China’s
(#source_Decode39)
Europe spent €403 billion on R&D in 2024 and produced over 7,300 DeepTech and life-science spin-offs since 2015, yet US investors captured nearly €20 billion in value from European spin-offs since 2019. Only 23% of EU university spin-offs operate in DeepTech, compared to
(#source_EU-Startups)
Portugal-based Neuraspace secures €15.6 million in new financing to expand AI-enabled Space Domain Awareness and Space Traffic Management solutions. The funding combines private investment from Lince Capital, Explorer Investments and Armilar Venture Partners with Portugal’s Recovery and Resilience Plan support. Neuraspace monitors over 600 satellites and
(#source_EU-Startups)
Portugal will contribute €200 million to a planned AI gigafactory by purchasing computing capacity rather than taking an equity stake, the Ministry for State Reform confirms. The funds would be used alongside €200 million in EU support if the Iberian bid with Spain is selected by November 2026. The project
(#source_ECO-News)
Italy’s government has declared seven large-scale AI data centre projects of national strategic interest, totalling over €25 billion in planned investment. The projects include Equinix’s €4 billion Milan expansion and a €4 billion hyperscale campus in Piedmont, aiming to position Italy as a European AI infrastructure hub
(#source_Decode39)
Italy’s government approves decrees implementing the EU AI Act while adding criminal liability for failures in AI safety and human oversight. The new provisions, approved by the Council of Ministers on Tuesday, create stricter legal risks for companies developing high-risk AI systems in the country. Industry observers note
(#source_Decode39)
The European Commission launches a €5 billion fund to invest in AI, semiconductors and quantum technologies. The initiative aims to strengthen Europe's digital sovereignty by reducing dependence on non-European tech infrastructure. The fund is part of broader EU efforts to secure strategic autonomy in critical digital domains.
(#source_Brussels-Times)
Italy prepares draft legislation to establish a national military cyber domain, clarifying roles between civilian and military cyber responsibilities. The proposal allocates a dedicated cyber mandate to the Defence Ministry and creates a Joint Cyber Intelligence Command, with an initial €10 million annual fund for military cyber research from 2026.
(#source_Decode39)
The Brussels Times reports the EU is being urged to enhance drone defences as threats to European airspace increase. The call highlights risks to critical infrastructure, military assets and civilian safety, underscoring the need for a coordinated EU response to protect digital and physical sovereignty. (BRUSSELS TIMES) EU urged to
(#source_Brussels-Times)
France and Germany’s intelligence agencies selected French firm ChapsVision over Palantir for a key data analytics platform, Politico reports. Spain has instructed state-backed companies to block Palantir from future public contracts, while the UK faces a 2027 decision on a £330 million NHS data platform contract. (POLITICO) Europe
(#source_Politico)
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