{"id":451,"date":"2024-03-26T05:55:30","date_gmt":"2024-03-26T05:55:30","guid":{"rendered":"http:\/\/vr-news.net\/?p=451"},"modified":"2024-03-26T05:55:30","modified_gmt":"2024-03-26T05:55:30","slug":"nato-makes-its-wartime-debut-as-a-climate-tech-investor","status":"publish","type":"post","link":"https:\/\/vr-news.net\/?p=451","title":{"rendered":"NATO Makes Its Wartime Debut As a Climate Tech Investor"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<header aria-label=\"Beginning of Article\" class=\"article-header article-header--story\">\n<nav aria-label=\"Breadcrumb\" class=\"breadcrumbs\" data-aqa=\"nav-breadcrumb\">\n<p>Breadcrumb Trail Links<\/p>\n<ol class=\"breadcrumbs__items list-unstyled\">\n<li class=\"breadcrumbs__item\">PMN Business<\/li>\n<\/ol>\n<\/nav>\n<div class=\"article-header__detail\">\n<div class=\"article-header__detail__texts\">\n<p class=\"article-subtitle\">The military alliance has a \u20ac1 billion investment fund for startups and is\u00a0backing 13 companies working on technology for energy grids.<\/p>\n<div class=\"article-meta\">\n<div class=\"wire-published-by\">\n<p class=\"visually-hidden\">Author of the article:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"Bloomberg News\" src=\"https:\/\/secure.gravatar.com\/avatar\/2c61c569c35df1bfebdf8601ae03b90f?s=70&amp;d=mp\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/2c61c569c35df1bfebdf8601ae03b90f?s=70&amp;d=mp, https:\/\/secure.gravatar.com\/avatar\/2c61c569c35df1bfebdf8601ae03b90f?s=140&amp;d=mp 2x\" aria-labelledby=\"wire-company-name\" class=\"wire-published-by__logo\" height=\"70\" width=\"70\"\/><\/p>\n<div class=\"wire-published-by__author-container\">\n<p>Bloomberg News<\/p>\n<p>Mark Bergen<\/p>\n<\/div>\n<\/div>\n<p><span class=\"published-date__since\">Published Mar 26, 2024<\/span> \u00a0\u2022\u00a0 <span class=\"published-date__word-count\">5 minute read<\/span><\/p>\n<div class=\"article-meta__bottom\">\n<div class=\"bookmark-wrapper\">\n<div class=\"popover\" data-aqa=\"popover\" data-click-to-appear=\"True\" data-container=\"\" data-container-offset=\"\" data-no-style=\"\" data-popover-component=\"\" data-position=\"top\" data-sticky=\"\" data-tail-offset=\"200\" data-tail-position=\"right\"><button class=\"popover__trigger bookmark-button\"><span class=\"save-article-button save-article-button--default\" title=\"Save article\" data-article-id=\"a190b620-7cb4-4c1d-9d8d-c15333177ddb\" data-evt-skip-click=\"true\"\/><\/button><\/p>\n<div aria-describedby=\"popover-desc-popover-bookmark\" class=\"popover__content\" hidden=\"\" role=\"dialog\">\n<div class=\"popover__content__wrapper\">\n<div class=\"popover__content__text\" id=\"popover-desc-popover-bookmark\">\n<div class=\"bookmark__popover__content\">\n<p>You can save this article by registering for free here. Or sign-in if you have an account.<\/p>\n<\/div>\n<\/div>\n<p><button class=\"popover__content__close\" data-evt-skip-click=\"true\" title=\"Close\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" viewbox=\"0 0 12 12\" class=\"icon--close\" height=\"12\" version=\"1.1\" width=\"12\"><polygon points=\"12 0.95 11.05 0 6 5.05 0.95 0 0 0.95 5.05 6 0 11.05 0.95 12 6 6.95 11.05 12 12 11.05 6.95 6\"\/><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"featured-image\" data-aqa=\"featured-image\"><picture class=\"featured-image__ratio\"><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=564&amp;h=423&amp;type=webp&amp;sig=9pd2T25mAnTIS4Nugw_vTw,&#10;            https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=1128&amp;h=846&amp;type=webp&amp;sig=hvwzvCZiEDt6P9QuyBeO3Q 2x\" type=\"image\/webp\"><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=564&amp;h=423&amp;type=jpg&amp;sig=PCCRw5F7rRyQ40TPGydr2g,&#10;                https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=1128&amp;h=846&amp;type=jpg&amp;sig=9kke_qp1IS9bw1Cih8kPVw 2x\" type=\"image\/jpeg\"><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=472&amp;h=354&amp;type=webp&amp;sig=Bd2VNPtYWCsAJmcgvxJwqQ,&#10;            https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=944&amp;h=708&amp;type=webp&amp;sig=15q9SKUNI44LRlWcrG7pVQ 2x\" type=\"image\/webp\"><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=472&amp;h=354&amp;type=jpg&amp;sig=Qc2DUnUEBJtrGmhS2GTL6Q,&#10;                https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=944&amp;h=708&amp;type=jpg&amp;sig=bbfhKl2Rn3cOBa7IgMbsJA 2x\" type=\"image\/jpeg\"><source media=\"(max-width: 767px)\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=288&amp;h=216&amp;type=webp&amp;sig=VPksXjkgt3GckqB1Z6JE-A,&#10;            https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=576&amp;h=432&amp;type=webp&amp;sig=MH3m5KDq4j1C_dr8bSKUlA 2x\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" alt=\"A fuel cell prototype developed by GaltTec, a startup in NATO's accelerator, at the company's laboratory in Tartu, Estonia.\" class=\"featured-image__image type:primaryImage\" src=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=288&amp;h=216&amp;sig=cwoIiXcgqZgel1AAf6wePA\" srcset=\"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=288&amp;h=216&amp;sig=cwoIiXcgqZgel1AAf6wePA,&#10;                    https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2024\/03\/no-title-provided-10.jpg?quality=90&amp;strip=all&amp;w=576&amp;h=432&amp;sig=lmaeCJzciYFWb_wXzj63QQ 2x\" height=\"750\" width=\"1000\"\/><\/source><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"featured-image__caption image-caption\"><span class=\"caption\">A fuel cell prototype developed by GaltTec, a startup in NATO&#8217;s accelerator, at the company&#8217;s laboratory in Tartu, Estonia.<\/span> <span class=\"credit\">Photo by Peter Kollanyi<\/span> \/<span class=\"distributor\">Bloomberg<\/span><\/figcaption><\/figure>\n<\/div>\n<\/header>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<h2 class=\"visually-hidden\">Article content<\/h2>\n<p>(Bloomberg) \u2014 Glen Kelp was visiting\u00a0a startup fair last May in Estonia to scout for support for his new company, when he walked past an unexpected booth. It was from NATO. The military alliance was recruiting for its very first business accelerator.\u00a0<\/p>\n<p>Kelp knew the defense industry was\u00a0paying more attention to technology startups \u2014\u00a0he\u00a0lives in Tartu, a small Estonian city a few hundred miles from the Russian border. But that interest seemed relegated to sensors and weapons, not his field. The physicist had recently left academia with a research lab experiment: he and two colleagues had devised a method for building incredibly fine ceramic tubes, as thin as human hair, that could form lighter, more energy-efficient versions of the fuel cells used to power electronics or grids. The researchers formed a business, called GaltTec, to market their invention.<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_2\">\n<section aria-describedby=\"advertisment166474085416832282061036574474240\" class=\"ad\">\n<p>Advertisement 2<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-2\">\n<div class=\"ad__inner__container\" data-ad=\"[[6,6],[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-interscroller=\"6x6\" data-ad-loc=\"2\" data-ad-mobile=\"[[6,6],[320,50],[300,50],[300,250],[300,600]]\" data-aqa=\"advertisement\" id=\"ad-2\" style=\"--desktopHeight:250px;--mobileHeight:600px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<div class=\"article-block article-block-bg article-content__sign-in-group hidden\" data-aqa=\"identity-sign-in\" 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id=\"auth-screen-form\">\n<div class=\"identity-screen-form--active w-full flex-align-justify-center\">\n<div class=\"identity-screen-form identity-screen__content w-full\">\n<h2 class=\"blocker-title\">Sign In or Create an Account<\/h2>\n<p><span class=\"identity-divider__line\"\/><span class=\"identity-divider__text\">or<\/span><span class=\"identity-divider__line\"\/><\/p>\n<\/div>\n<\/div>\n<\/div>\n<footer class=\"identity-footer identity-screen__content m-x-0 p-x-0 col-sm-6 col-md-12\"\/><\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>At the fair, Kelp read NATO\u2019s material on its new accelerator. \u201cWait,\u201d he thought. \u201cThis is kind of what we\u2019re doing.\u201d Months later, Kelp\u2019s startup joined 43 others in the inaugural batch of the Defense Innovation Accelerator for the North Atlantic, or DIANA, part of NATO\u2019s experiment as a venture capitalist. In 2023, the European organization unveiled DIANA and a \u20ac1 billion fund to invest in tech, with money pooled from dozens of member countries. While the Pentagon has launched similar programs, this marks a first for Europe\u2019s militaries. And the initiative is starting amid a flurry of political uncertainties on the continent, not least the potential return of Donald Trump,\u00a0a NATO vilifier, to the US presidency. NATO formed its fund and accelerator before Russia\u2019s invasion of Ukraine, but the conflict has only underscored why NATO is looking for new ways to fight wars and prevent them\u2014and why it\u2019s entering the energy sector.\u00a0<\/p>\n<p>NATO invited startups working on cybersecurity, surveillance, and energy resilience. The last category was defined as tech that helps Allied nations recover from \u201cenergy disruptions,\u201d a nod to the fear that\u2019s swept Europe since Russia\u2019s\u00a0war that power supplies might be choked off. The program accepted 13 startups, primarily in the clean energy sector, that make power grids resilient or support microgrids. They\u2019re working to reinvent a range of components, from\u00a0electric grid transformers in London to\u00a0wind turbines in Reykjavik and\u00a0storage batteries in Delft.\u00a0<\/p>\n<\/section>\n<div class=\"js-widget-content article-content__widget-group article-content__widget-group--content-slot11 article-content__widget-group--newsletter-slot\">\n<section class=\"newsletter-widget__new-story-page fp-headlinenews background--primary-light-gradient\" aria-labelledby=\"FinancialPostTopStories6095720551485750153785259914690560\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component=\"\" data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<div class=\"newsletter-new-story-page-template\">\n<div class=\"newsletter-widget__header__new-story-page\">\n<div class=\"newsletter-widget__banner__new-story-page\"><img decoding=\"async\" alt=\"Top Stories\" loading=\"lazy\" src=\"https:\/\/dcs-static.gprod.postmedia.digital\/15.7.3\/websites\/images\/newsletters\/icon-fp-topStories.svg\"\/><\/div>\n<div>\n<p>Top Stories<\/p>\n<p class=\"newsletter-widget__text__new-story-page\">Get the latest headlines, breaking news and columns.<\/p>\n<\/div>\n<\/div>\n<div class=\"newsletter-widget__body__new-story-page\">\n<div class=\"js-replace-main__new-story-page\">\n<p class=\"newsletter-widget__disclaimer__new-story-page text-size--tiny\">By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<div class=\"js-submit-success\" hidden=\"\" id=\"submitSuccessFP_HeadlineNews\">\n<p>Thanks for signing up!<\/p>\n<p class=\"newsletter-widget__text__new-story-page\">A welcome email is on its way. If you don&#8217;t see it, please check your junk folder.<\/p>\n<p class=\"newsletter-widget__text__new-story-page newsletter__feedback--last\">The next issue of Top Stories will soon be in your inbox.<\/p>\n<\/div>\n<p class=\"newsletter-widget__text__new-story-page js-submit-error\" style=\"margin-top: 8px\" hidden=\"\" id=\"submitErrorFP_HeadlineNews\">We encountered an issue signing you up. Please try again<\/p>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_3\">\n<section aria-describedby=\"advertisment8087251879663954504131027492929536\" class=\"ad\">\n<p>Advertisement 3<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-3\">\n<div class=\"ad__inner__container\" data-ad=\"[[7,7],[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-interscroller=\"7x7\" data-ad-loc=\"3\" data-ad-mobile=\"[[7,7],[300,250],[320,50],[300,50]]\" data-aqa=\"advertisement\" id=\"ad-3\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>\u201cThe minute you think of climate change, and the battle for natural resources, all these global systemic issues that we might face \u2014\u00a0we are facing,\u201d says Deeph Chana, managing director for DIANA. \u201cIt\u2019s very clear that if they become worse, then conflict will emerge.\u201d\u00a0<\/p>\n<p>Chana works from DIANA\u2019s main outpost on the campus of Imperial College London, where he\u2019s on leave from a professorship. But most of the action is elsewhere. There are 23 regional sites where startups can gather \u2014 in locations from Tallinn to Seattle \u2014\u00a0and 182\u00a0test centers with labs and training machinery that DIANA plans to open up to its startups, providing resources, Chana says, the young companies \u201ccould not easily access on their own.\u201d DIANA is giving participating companies some cash \u2014\u00a0a \u20ac100,000 grant each initially \u2014\u00a0but that\u2019s not much, especially for those working with large, complicated machinery. Matthew Williams, founder of Ionate Energy, a British startup in DIANA, hopes the program can provide access to testing facilities for the hulking grid transformer equipment his company is working to modernize. \u201cYou need very specialized labs,\u201d he says. \u201cIt\u2019s also quite expensive.\u201d\u00a0<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_4\">\n<section aria-describedby=\"advertisment7552437815265026699396125021962240\" class=\"ad\">\n<p>Advertisement 4<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-4\">\n<div class=\"ad__inner__container\" data-ad=\"[[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-loc=\"4\" data-ad-mobile=\"[[320,50],[300,50],[300,250]]\" data-aqa=\"advertisement\" id=\"ad-4\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>Ionate Energy has run trials with a utility in Spain and Portugal using its equipment, which is designed to help grids better manage the supply of renewable energy. Kelp describes GaltTec as still in the \u201cprototyping phase.\u201d Its invention relies on the ceramic material zirconium dioxide, packed into hollow tubes, that acts as the electrolyte inside a fuel cell, sparking electricity via a chemical reaction. Ultimately, Kelp imagines the device will be as small as a phone battery and up to ten times lighter than current hydrogen fuel cells, allowing it to slot easily into satellites or drones. \u00a0<\/p>\n<p>The startups DIANA backed seem well-equipped to provide aid to power grids, yet don\u2019t meet the gravity of the security threats NATO has said climate change poses, everything from overheating military aircrafts to sparking resource wars,\u00a0says Richard Milburn, a researcher at the School of Security Studies at King\u2019s College London. He imagines the alliance calling for companies to generate cheap, zero-emissions power in contained settings, then taking those inventions to the commercial sector, like the military did with GPS. \u201cNATO could be doing something quite profound,\u201d he says. \u201cThis is a good stepping stone. But it\u2019s still not at the level to align with the rhetoric.\u201d\u00a0<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_5\">\n<section aria-describedby=\"advertisment3204932919158072030732204394938368\" class=\"ad\">\n<p>Advertisement 5<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-5\">\n<div class=\"ad__inner__container\" data-ad=\"[[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-loc=\"5\" data-ad-mobile=\"[[320,50],[300,50],[300,250]]\" data-aqa=\"advertisement\" id=\"ad-5\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>Unlike most accelerators that back unproven tech, DIANA isn\u2019t taking any equity in companies. Instead, the program is trying to steer startups towards its military members. Halfway through the yearlong accelerator, which started this January, Chana says his staff will introduce companies seeking defense contracts to interested agencies, although he didn\u2019t offer specifics. \u201cYou can think of DIANA as a brokering program,\u201d he says.\u00a0<\/p>\n<p>Some participants have begun to brainstorm defense applications, yet the companies in DIANA say that the program isn\u2019t pushing them to work with militaries. And the program\u2019s leaders stress that their program is for businesses with both commercial and government customers. \u201cThey recognize that working with the defense sector is a lot of pain in the ass,\u201d says Daniel McGuire of McGuire Aero Propulsion Solutions, a Canadian turbine developer in DIANA.<\/p>\n<p>With startup investing, the alliance is also opening itself to scrutiny for using public money to back startups, enterprises with high rates of failure.\u00a0<\/p>\n<p>Another risk is that startups servicing the military will find fewer avenues for capital later on. Fr\u00e9d\u00e9ric de M\u00e9vius, the chairman of Planet First Partners, a \u20ac450 million European climate tech venture fund, finds the DIANA program \u201cquite exciting\u201d for its potential to back \u201cblue-sky tech.\u201d Yet he\u2019s restricted from investing into companies that sell to militaries because his fund\u2019s backers rule the category out, part of blanket bans on financing alcohol, gaming or guns. \u201cA number of investors don\u2019t want that,\u201d he says.<\/p>\n<\/section>\n<div class=\"ad__section-border article-content__ad-group ad_counter_6\">\n<section aria-describedby=\"advertisment3857045458449029539257082030587904\" class=\"ad\">\n<p>Advertisement 6<\/p>\n<div class=\"ad__container\">\n<div class=\"ad__inner\" id=\"ad__inner-6\">\n<div class=\"ad__inner__container\" data-ad=\"[[1200,250],[1200,90],[970,90],[970,250],[728,90],[300,250]]\" data-ad-loc=\"6\" data-ad-mobile=\"[[320,50],[300,50],[300,250]]\" data-aqa=\"advertisement\" id=\"ad-6\" style=\"--desktopHeight:250px;--mobileHeight:250px\">\n<div aria-hidden=\"true\" class=\"ad__placeholder\">\n<p>This advertisement has not loaded yet, but your article continues below.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<p>Adrian Dan, DIANA\u2019s chief commercial officer, says the broad mandate of the program means most of the startups won\u2019t face these military restrictions later on. NATO created its own venture arm, in part, to compensate for the reticence to finance defense applications. And Chana sees the NATO fund backing some startups that graduate from the DIANA program, although he says the fund isn\u2019t compelled to do so.\u00a0 NATO\u2019s fund hasn\u2019t backed any startups directly yet.<\/p>\n<p>Chana\u2019s budget for DIANA is in the \u201ctens of millions\u201d but he says it will increase in the coming years. For the next batches, he imagines inviting energy startups working on smart grids or nuclear fusion; Cynthia Shaw, a senior challenge manager for DIANA and a fuel cell expert, mentions sustainable aviation fuel and artificial intelligence for discovering new materials. They may have to win more converts as well. Shaw recalls meeting an energy\u00a0company in Warsaw, during DIANA\u2019s recruiting drive, that was dubious of military partnerships \u2014\u00a0she\u00a0wouldn\u2019t name the company, only that it\u2019s from a nation not in NATO. \u201cWell, we also have the same energy challenges,\u201d she told them. \u201cThis is not all about throwing missiles at people.\u201d\u00a0<\/p>\n<\/section>\n<section class=\"article-content__content-group article-content__content-group--story\">\n<p>Article content<\/p>\n<\/section>\n<section class=\"article-content__share-group article-delimiter\" data-evt-val=\"{\" control_fields=\"\" data-evt-typ=\"page_scroll\">\n<p>Share this article in your social network<\/p>\n<\/section>\n<\/div>\n<p> NATO Makes Its Wartime Debut As a Climate Tech Investor<br \/>\n<br \/>#NATO #Wartime #Debut #Climate #Tech #Investor<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breadcrumb Trail Links PMN Business The military alliance has a \u20ac1 billion investment fund for startups and is\u00a0backing 13 companies working on technology for energy grids. Author of the article: Bloomberg News Mark Bergen Published Mar 26, 2024 \u00a0\u2022\u00a0 5 minute read You can save this article by registering for free here. Or sign-in if [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[597,596,599,594,598,595],"class_list":["post-451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias","tag-climate","tag-debut","tag-investor","tag-nato","tag-tech","tag-wartime"],"_links":{"self":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=451"}],"version-history":[{"count":0,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/media\/452"}],"wp:attachment":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}