Sword Group enters into major agreements with EUROCONTROL and the European Investment Fund

Sword Technologies SA, a subsidiary of Sword Group, announced the signing of two notable contracts with EUROCONTROL for air navigation safety and a framework contract with the European Investment Fund (EIF). The partnership with EUROCONTROL, encompassing 41 countries, is for a period of seven years and is expected to generate more than €28 million for Sword. This contract will focus on improving digital systems essential to European air traffic management.

Furthermore, the contract with the EIF, estimated at 60 million euros for the Sword consortium, will cover various services over four years. These include application development for digital transformation, data science, emerging technologies like blockchain and smart contracts, and IT security. Dieter Rogiers, Managing Director of Sword Technologies SA, expressed optimism about these collaborations, seeing them as the start of a fruitful relationship with these European entities.