Delian Alliance Industries recently secured $14 million in its latest funding round. Air Street Capital and Marathon Venture Capital co-led the investment. This brings the Greek defense tech startup's total funding to $22 million.
Advancing European Defense Capabilities
Delian Alliance, founded by Dimitrious Kottas, develops advanced autonomous systems for defense. The company initially deployed solar-powered surveillance towers for border monitoring and wildfire detection in Greece. These systems operate around the clock, showcasing Delian Alliance's innovative approach.
Delian's product pipeline includes concealed autonomous aerial and sea drones. These innovative vessels are designed for long-term deployment and low-cost manufacturing. The company holds patents for its unique approach, utilizing commercial materials in its defense technology.
The company aims to overcome Europe's fragmented defense market.
Delian's strategy focuses on cost-effective, rapidly deployable systems. This approach addresses immediate European security needs. Other European firms like Tekever and Quantum Systems also demonstrate regional success in the defense tech sector.
The company recently submitted a bid for a German tender. This move tests its thesis that superior technology and competitive pricing can overcome national preferences. Delian Alliance offers a distinct alternative to U.S. counterparts such as Anduril.
