BSK Defense
BSK Defense is the successor of Velos O.E., a company established in 1982, producing a series of aerial target and aerial observation products used by foreign companies and armed forces. The current company was founded in Chania, Crete, in 2008. It focuses on design, development and production of defense systems, including UAVs, USVs, target drones, electronics, and UAV engines.
In 2010, it started development of a cruise missile type HSC-1 Makedon in cooperation with other Greek companies, including Axon Engineering. The missile is designed to be long, weigh 1050 kg and reach a maximum speed of 1100 km/h. The future of the whole project is uncertain, though, due to Greece's drastically reduced defense budgets.