European Sovereignty Monitor

Industry, investment and R&D

EIC recommends EUR 10.4 million for Dublin's Pilot Photonics

The European Innovation Council recommended up to EUR 10.4 million in blended grant and equity funding for Dublin's Pilot Photonics to scale up manufacturing of its photonic chips, though the grant agreement is not yet signed.

Verified Pilot Photonics press release via PR Newswire, 2 July 2026

What it does not test. Does not establish that the grant agreement has been signed or the money paid, only that funding was recommended.

How this item counts. Towards autonomy: it changes who made the parts. Binding 1 of 3 (announced), scale 1 of 3 (small), Verified counts in full: weight +1 of 36 possible. EUR10.4m for chip manufacturing scale-up recommended but grant unsigned. European Sovereignty Index

Previously in Industry, investment and R&D

Verified Lausanne fusion software startup Fusionality raises CHF 3 million pre-seed round Reported Franco-German space firm Exploration Company raises USD 450 million Series C Verified Mistral raises record EUR 3 billion Series D led by Samsung at EUR 21 billion valuation

All Industry, investment and R&D news →