OEB boosts Cyprus defence and space industries with new initiatives and international collaboration
The Employers and Industrialists Federation (OEB) is intensifying its involvement in Cyprus’ defence and space sectors, aiming to foster growth and strengthen the domestic ecosystem. OEB recently participated in key defence industry events in Athens, collaborating with Greece and Cyprus defence ministries and business representatives.
Highlighting the growing strategic and economic importance of these industries at the European level, OEB emphasized the convergence of defence and space technologies such as satellite communications, cybersecurity, and digital systems. This convergence opens new avenues for research, innovation, and the development of advanced products offering dual civilian and military applications.
OEB is actively developing initiatives to link industry, research, and technology innovation, promoting investment and partnerships. The federation views these efforts as critical to enhancing Cyprus’s defence and space capabilities, boosting the economy, and contributing to Europe’s strategic autonomy in the face of evolving geopolitical and technological challenges.
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