Colugo's 'ARcopter' is a viable business stemming from a 2018 project when their first commercial test-flights took place. How the costs compare with the overall budget is speculative, but what is clear is that the EU funded 5/7ths of them by way of a grant.
To a company in the Middle East. You couldn't make it up, and the way EU bureaucrats sprayed our tax revenues around like cow-shit helps to explain why the UK is no longer a part.
'FU' funding would be nearer the mark.
