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From Silicon Valley To Athens: A Visionary Attack On Europe’s Defense Market

by THEFUTURE.TEAM
July 29, 2025

A New Chapter In Defense Innovation

In the summer of 2021, Dimitrious Kottas made a move that shocked the conventional wisdom of Silicon Valley engineering. Departing from his coveted role at Apple’s Special Projects Group, he traded California’s high-tech milieu for his native Athens, where he embarked on an ambitious venture to reshape the defense landscape.

Pioneering Technology And Strategic Insight

Three and a half years later, Kottas’ startup, Delian Alliance Industries, has demonstrated its technological prowess by deploying solar-powered surveillance towers that monitor Greece’s borders and detect wildfires on secluded islands. With an evolving product line that includes concealed aerial and maritime drones, the firm is poised to redefine conventional defense paradigms. As Kottas explained in a recent discussion, the cornerstone of modern autonomous systems is perception—understanding not just the location of an object, but its intentions. The integration of advanced cameras, lidars, and radars devised during his tenure at Apple now informs Delian’s cutting-edge approach to threat detection and response.

Navigating The Fragmented European Defense Market

Beyond technological innovation, Kottas’ journey is marked by a strategic bet on a fragmented European defense market. Drawing parallels to established players like Anduril, his approach emphasizes the rapid development and deployment of cost-effective, scalable systems. Amid mounting geopolitical tensions and shifts in global alliances, his company has attracted significant investor confidence, recently securing an infusion of $14 million that raises its total funding to $22 million. Despite entrenched preferences for domestic suppliers in key Western economies, the trend toward cross-border defense collaborations, evidenced by EU initiatives like Safe and ReARM Europe, offers a promising avenue for disruptive entrants like Delian.

A Personal Mission With Global Implications

Kottas’ drive is fueled by a deep personal connection to his homeland. Recounting the anxiety stirred by international conflicts and regional border shifts, he contrasts his mission with that of traditional defense contractors. Whereas giants like Lockheed Martin operate from distant bases, Kottas is motivated by the tangible impact of safeguarding communities. His bid for a German defense tender underscores a strategic belief: while European military procurement has long favored local companies, superior technology and pricing could reshape national security considerations.

The Road Ahead For European Defense

Delian’s innovative, cost-conscious model may well set the stage for a new era in European defense, where resilience and efficiency drive competitive advantage. Kottas remains confident that as fragmentation gives way to greater collaboration, his company’s agile approach will serve as a blueprint for others. With his eyes set on overcoming longstanding market inertia, Kottas encapsulates a visionary spirit rarely seen in the defense sector, one that balances cutting-edge technology with a personal commitment to protecting what matters most.

EU E-Commerce VAT Systems Generate €257.9 Million Revenue for Cyprus in 2024

by THEFUTURE.TEAM
August 11, 2025

Robust Revenue Growth Through Streamlined VAT Collection

Cyprus has demonstrated a significant fiscal boost in 2024 with €257.9 million generated from the European Union’s e-commerce VAT systems, according to Tax Commissioner Sotiris Markides. This impressive performance underscores the effectiveness of the One Stop Shop (OSS) and Import One Stop Shop (IOSS) frameworks in simplifying cross-border tax compliance.

Simplified Procedures for EU and Non-EU Businesses

The OSS system allows Cyprus-registered businesses to streamline VAT declaration and payment on sales to consumers in other EU countries. Companies simply register on the local OSS platform, apply the consumer’s VAT rate, aggregate their submissions quarterly or monthly, and remit a single consolidated payment. Subsequently, Cyprus allocates the appropriate share to each respective EU country. This efficient process extends to non-EU sellers as well, who can have their intra-EU distance sales managed under the Union Scheme.

Breakdown of VAT Revenue Streams

Last year’s declarations under the various schemes illustrate the system’s broad reach: €217.9 million was collected via the Union Scheme, €36.9 million through the Non-Union Scheme, and €3.1 million via the Import Scheme. While the Union Scheme caters to both EU and non-EU sellers engaging in distance sales, the Non-Union Scheme specifically accommodates non-EU firms delivering services to EU consumers. Furthermore, the Import Scheme targets goods valued at less than €150 that are imported from outside the EU.

Implications and Broader Impact

Implemented in July 2021 as an evolution from the more limited MOSS system, these reforms have not only consolidated tax collection through an expansive OSS but also integrated the IOSS for low-value imports. By designating certain online marketplaces as “deemed suppliers,” the new framework ensures that VAT collection is both efficient and equitable. Across the EU, these mechanisms have generated over €33 billion in VAT revenues in 2024, reflecting a successful effort to simplify tax compliance, reduce administrative burdens, and promote fair taxation across the bloc.

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