News

Cyprus defence and space cluster elects new leadership

Cyprus Mail · 2026-09-09

AI SUMMARY

• What happened: The Cyprus Defence and Space Industry Cluster (CyDSIC) held its first electoral general assembly, electing an eight-member board to enhance the island’s defence, security, and space sectors. • Why it matters: This election marks a pivotal moment for CyDSIC, which aims to strengthen Cyprus’ international standing and participation in significant European programmes, reflecting the growing importance of these sectors. • What to watch next: The newly elected board, led by President Loizos Christofi, is expected to implement strategies for industrial growth, policy development, and international cooperation, potentially leading to advancements in Cyprus' defence and space capabilities.

**Cyprus Defence and Space Cluster Elects New Leadership**

On Tuesday, the Cyprus Defence and Space Industry Cluster (CyDSIC) convened its first electoral general assembly, resulting in the election of an eight-member board dedicated to enhancing the island’s defence, security, and space sectors. The assembly, which took place under the auspices of the Cyprus Chamber of Commerce and Industry (Keve), is considered a pivotal moment in the evolution of Cyprus’ defence and space business ecosystem.

CyDSIC was initially formed within the Cyprus Research and Innovation Enterprises Association and has since expanded its activities to bolster the participation of Cypriot businesses in significant European programmes and initiatives. In a statement released on Wednesday, the cluster highlighted its contributions to enhancing Cyprus’ international standing in these strategic sectors.

The newly elected board comprises representatives from both the defence and space industries, reflecting the cluster's diverse interests. Loizos Christofi, from EBOS Technologies, has been appointed as president. Despina Panayiotou Theodosiou of Tototheo Global will serve as vice-president for financial affairs, while Tasos Kounoudes of SignalGenerix takes on the role of vice-president for policy, institutional affairs, and public relations. Haris Zacharatos from Cellock has been designated vice-president for industrial development and exports, and Constantinos Kassianides of Hellas Sat will oversee research and innovation as vice-president. Panayiotis Philimis from the Cyprus Research & Innovation Centre (CyRIC) has been appointed vice-president for European and international cooperation. Additionally, Pavlos Fokas of Multimarine Services will serve as secretary, and Diofantos Hadjimitsis of the Eratosthenes Centre of Excellence will represent research and academic organisations.

During the assembly, President Christofi expressed optimism regarding the board's ability to fulfill its responsibilities, emphasizing the importance of collaboration and collective efforts in advancing the cluster's objectives. He reiterated the commitment to further strengthen Cyprus’ international presence and partnerships within the defence, security, and space domains.

The assembly represents a significant step forward for CyDSIC, which has become increasingly active in recent years as local companies strive for greater engagement in European and international initiatives. The cluster's focus has been on enhancing Cyprus’ capabilities and fostering international connections in sectors that are gaining strategic importance within Europe.

With the new board in place, CyDSIC is poised to continue its mission through dedicated efforts across various areas, including finance, policy development, industrial growth, research, and international collaboration. The leadership transition is expected to catalyze further advancements in the defence and space sectors, reinforcing Cyprus’ position within these critical industries.

Source: Cyprus Mail
RELATED NEWS

More Stories

All News
News

Demetra Holdings repurchased 3,116 of its own shares in Cyprus - UA.NEWS

• What happened: Demetra Holdings repurchased 3,116 of its own shares in Cyprus as part of its strategy to manage capital and enhance shareholder value. • Why...

News

Cyprus economy grows 3.3% despite Middle East pressures

• What happened: Cyprus's economy grew by 3.3% in the second quarter of 2026, significantly outpacing the EU and eurozone growth rates of 1.4% and 1.2%, re...

News

Leaders’ meeting ends without joint statement

• What happened: President Nikos Christodoulides and Turkish Cypriot leader Tufan Erhurman met for over an hour in the buffer zone but concluded without a joint...

News

New US ambassador presents credentials to Christodoulides

• What happened: US Ambassador John Breslow presented his credentials to President Nikos Christodoulides, marking the official start of his duties in Cyprus. ...

News

Cyprus, Greece, Malta and Italy unite over future of EU shipping

• What happened: Cyprus, Greece, Malta, and Italy signed a joint declaration in Limassol to strengthen their collaboration on European shipping, focusing on com...

News

Guards cut for ex-speakers, widows after Law Office opinion

• What happened: The Law Office of the Republic has advised that police guards for former House Presidents Yiannakis Omirou and Dimitris Syllouris, as well as t...