Icelandic tech company Hefring advances in NATO accelerator
Translated from Icelandic and summarized by DistantNews. Read the original for the full story.
At a glance
- Icelandic maritime technology company Hefring is among 15 firms selected for continued development through NATO’s DIANA accelerator.
- The program received more than 3,600 proposals, while 150 entrepreneurs took part in its earlier stages.
- The finalists can receive grants of up to 300,000 euros as Hefring moves closer to possible adoption of its ship-monitoring solution by NATO countries’ fleets.
Icelandic high-tech company Hefring has advanced to the final group of NATO’s DIANA technology accelerator, bringing its ship-monitoring solution closer to possible use by the fleets of NATO member states.
Hefring is one of 15 companies selected for continued development in the program. More than 3,600 proposals entered the accelerator, and 150 entrepreneurs participated in its earlier stages.
According to Hefring, reaching this stage represents another step toward putting its maritime monitoring technology into service across NATO fleets. The 15 finalists can receive grants of up to 300,000 euros from the alliance.
The companies were selected after tests and trials indicated that their projects fit NATO’s needs. Hefring is led by chief executive Karl Birgir Björnsson.
Originally published by Morgunblaðið in Icelandic. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.