Vital European defence startups still facing hurdles
- European defence startups saw venture capital reach $5.2 billion, a 30% leap in two years, research showed in February 2024.
- Russia's invasion of Ukraine created opportunities, but defence investments face hurdles like being seen as "sin stocks".
- NATO Innovation Fund's Patrick Schneider-Sikorsky noted underlying technologies adapted for battlefield use, spurring investment in AI and batteries.
- Donaustahl's founder Stefan Thumann, whose drone company was shut out from funding, said it was "like gambling and drugs".
- Governments and investors are shifting, but military procurement systems and cultural changes still pose challenges for defence startups.
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51 Articles
51 Articles
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Left
6
Center
6
Right
9
Coverage Details
Total News Sources51
Leaning Left6Leaning Right9Center6Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 29%
R 43%
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