Microchips - Photo by Laura Ockel on Unsplash

The EU is very unlikely to meet its target of a 20 per cent share of the global market for microchips by 2030, according to a new report released by the European Court of Auditors.

Military aircvraft - Photo by Yasin GUNDOGDU on Pexels

The fifth annual Work Programme under the European Defence Fund, adopted Thursday by the EU Commission, has allocated over €1 billion to defence collaborative research and development projects.

Researchers - Image by Thomas from Pixabay

Europe’s industry increased investment in research and development by 9.8 per cent in 2023, surpassing corporate R&D investment growth in the US (+5.9pct) and China (+9.6pct)for the first time since 2013.