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Cyprus Takes A Giant Leap In Space Sector With Groundbreaking MoUs, CSEO Announces

by THEFUTURE.TEAM

Cyprus has taken a major step toward becoming a global leader in space exploration, with the Cyprus Space Exploration Organisation (CSEO) signing “landmark Memorandums of Understanding (MoUs)” with Invest Cyprus and Strategy International (SI). These partnerships aim to drive growth in Cyprus’s space ecosystem, attract global investment, foster innovation, and enhance international collaboration.

The MoUs were signed on Friday at CSEO’s Nicosia headquarters, with notable guests including Marios Tannousis, CEO of Invest Cyprus, and representatives from the USA Embassy and CYENS Centre of Excellence. The collaboration will leverage CSEO’s expertise in space research, Invest Cyprus’s focus on attracting foreign direct investment, and Strategy International’s strategic and geopolitical insights.

These partnerships build on the recent signing of the NASA Artemis Accords and CSEO’s involvement in the Artemis Lunar Programme. CSEO’s President, George Danos, highlighted that this collaboration will create a powerful engine for innovation, attracting foreign talent and investments, and laying the foundation for long-term growth in the space sector.

Invest Cyprus Chairman, Evgenios Evgeniou, emphasized that the space sector holds immense potential for economic growth, while Dr. Marios P. Efthymiopoulos from Strategy International expressed confidence that their expertise would help solidify Cyprus as a leader in global space efforts.

The MoUs aim to drive strategic investment, accelerate innovation, and ensure the commercialization of Cyprus’s space sector, strengthening the country’s role in international space cooperation.

Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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