EuroDRONE is an Unmanned Traffic Management (UTM) demonstration project, funded by the EU’s SESAR organization, and its aim is to test and validate key UTM technologies for Europe’s ‘U-Space’ UTM program. The EuroDRONE UTM architecture comprises cloud software (DroNav) and hardware (transponder) to be installed on drones. The proposed EuroDRONE system is a Highly Automated Air Traffic Management System for small UAVs operating at low altitudes. It is a sophisticated, self-learning system based on software and hardware elements, operating in a distributed computing environment, offering multiple levels of redundancy, fail-safe algorithms for conflict prevention/resolution and assets management. EuroDRONE focuses its work on functionalities which involve the use of new communication links, the use of vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) technology to communicate information between drones and operators for safe and effective UTM functionality. Practical demonstrations that took place in Patras/Messolonghi in 2019 are presented and show the benefits and shortcomings of near-term UTM implementation in Europe.