European drone startups are raising billions as NATO and European nations pour record funding into unmanned systems, with Helsing's $1.8 billion Series E at an $18 billion valuation marking the sector…
Munich-based Helsing closed a $1.8 billion Series E at an $18 billion valuation, backed by Goldman Sachs, Dragoneer, CPPIB, and JPMorgan, marking the largest defense-tech funding round in European his…
The UK Ministry of Defence awarded a £2 billion, 15-year contract to Omnia Training, a consortium led by Raytheon UK and including Rheinmetall UK, to build an AI-powered collective training system for…
NATO is building an AI-powered 'Kill Web' along its eastern flank to detect and counter a Russian attack before it begins, according to internal documents obtained by BILD. The system, called the East…
European and U.S. defense companies showcased AI-powered 'wingman' drones at the Berlin airshow, designed to accompany fighter jets with sensors, jammers, and weapons. The technology aims to bolster E…