Greek startups developing dual-use technologies—applications with both civilian and military applications—are attracting fresh investment and government attention.
The sector’s growth is driven by rising demand for advanced electronics, drones, and AI tools that can transition between commercial and defense markets. Recent policy shifts in Greece have opened new funding channels, including grants and tax incentives, for companies in this space.
Analysts note the trend reflects broader European efforts to reduce reliance on foreign defense suppliers while fostering innovation. Startups in Athens and Thessaloniki are leading the charge, with several already securing contracts for dual-use projects.
The momentum could accelerate if Greece’s defense budget increases as proposed, creating more opportunities for these firms.
