Helsing has secured €450 million in a Series C financing round, aimed at primarily supporting AI-based product development and research initiatives to bolster capabilities crucial for European sovereignty, especially in safeguarding NATO's Eastern Flank. General Catalyst led the round, with participation from Elad Gil, Accel, Saab, Lightspeed, Plural, and Greenoaks
The French defence procurement agency (DGA) has awarded Thales the Neptune contract to supply 30 dual-band X/Ka satellite communication stations for the French Army's Serval vehicles. These stations will function as on-the-pause (OTP) tactical communication nodes, supporting the high-throughput satellite communications services needed by the information and communication systems deployed by the French Army
The German Ministry of Defense has greenlit several key procurements, including the acquisition of 105 Leopard 2 A8 main battle tanks, military vehicles and ammunition. In a
The U.S
South Koreas Defense Acquisition Program Administration (DAPA) held a groundbreaking ceremony for the second Jangbogo-Ⅲ Batch-Ⅱ submarine on July 12 at Hanwha Ocean Co., Ltd
Japan's Air Self-Defense Force (JASDF) is investigating the sharing of a photo and information on social media related to a missile model believed to be under development. The posts, which have since been removed, were not confidential, according to JASDF officials
Raytheon, an RTX business, has been awarded a $1.2 billion contract to supply Germany with additional Patriot air and missile defense systems
The Swedish Armed Forces announced the deployment of anti-submarine spy boats, designed to stealthily conduct surveillance both below and above the water surface, on July 10. The
The Netherlands has announced its intention to transfer weapons worth €300 million to arm F-16 combat jets destined for Ukraine, while Norway has committed to donating six F-16 jets to the country. This allocation supplements the initial €150 million earmarked for the same purpose, as confirmed by the Dutch defense ministry
The Netherlands has pledged €20 million towards a collective effort aimed at supplying Ukraine with 1 million First Person View (FPV) drones. These drones, operated remotely with the pilot viewing through VR glasses, are part of Ukraine's urgent request for aid in countering Russian military superiority