Dutch autonomous systems field lab Unmanned Valley has announced subsidies for participating startups and maturing innovators of drone, unmanned aerial systems (UAS), and sensor-based technologies.
Unmanned Valley drone money
Situated in a former naval base 16 km (10 miles) north of the Hague, Unmanned Valley says the subsidy scheme will award up to €25,000 ($30,000) in financing for qualifying developers of unmanned technology, autonomous systems, sensors, and related applications. A total of €300,000 in seeding finance has been allotted for that purpose, funded by host Dutch city Katwijk and the European Regional Development Fund.
One of the major conditions stipulated is that prospective subsidy candidates finance at least 25% of their project themselves.
The new funding capacity reflects just how urgent Unmanned Valley officials and tech experts across Europe believe faster development of drones and other unmanned systems has become.
Needed: drones, fast