Latest news with #defensetech
Al Arabiya
5 days ago
- Al Arabiya
Hackathon Teams Race to Solve Defense Tech Challenges as Europe Boosts Military Capabilities
Hunched over laptops, the team of four raced to solve a challenge: how to get a set of drones to fly themselves from one place to another when GPS and other signals are jammed by an enemy. Elsewhere around the hall, groups of people – engineering students, tech workers, and hobbyists – gathered around long tables to brainstorm, write computer code, or tinker with more drones and other hardware. Most of them were strangers when they first gathered last month at Britain's Sandhurst Military Academy to compete in a 24-hour hackathon focused on defense technology. Many were drawn to the event because they wanted to use their technical skills to work on one of the biggest challenges confronting Europe: the continent's race to beef up its military capabilities as Russia's war in Ukraine threatens to widen global instability. 'Given the geopolitical climate, defense tech is relevant now more than ever,' said Aniketh Ramesh, a startup founder with a Ph.D. in robotics in extreme environments and one of the drone team members. 'The hackathon,' he said, 'is a good place to sort of go and contribute your ideas.' Robotics and drones are having their iPhone moment because costs have come down and the hardware is widely available, Ramesh said. That means building drones to do new things is more a thinking challenge than a technical one, he said. Ramesh already knew one teammate, a former British army paratrooper, from a previous event. They recruited two others – one engineer and one with a Ph.D. in computer vision – through the event's group chat on Signal. The drone problem was just one of the many challenges the teams could choose to solve. The tasks were proposed by defense tech companies like German drone maker Helsing, robotics company Arx, the British military, and Kyiv-based venture capital firm D3. Some worked on software, such as an algorithm to predict which way a target would move. Others came with their own ideas. One team made a plastic cup packed with sensors that could be produced in large amounts to be scattered across a battlefield. Another team built a scale model of an autonomous medical evacuation aircraft. Similar competitions have been held regularly across Europe since last year, inspired by the Ukrainian military's on-the-fly wartime innovations to fend off the larger Russian army. The grassroots meetups are part of a wider network of defense innovation that organizers hope to foster in Europe, underscoring the continent's scramble to churn out weapons. 'The idea is to go build a prototype, take your prototype to become a product, and go build a company so that you can deliver stuff to the frontline and hopefully save someone's life,' said Benjamin Wolba, who organizes a separate but similar series, the European Defense Tech Hackathon. Wolba's group has held tournaments in about 10 cities in the past twelve months, including one in Lviv, Ukraine, in May and has scheduled more this year in Sheffield, England; Gothenburg, Sweden; Marseilles, France; London; and Berlin. The European Union–backed EUDIS Defence Hackathon holds simultaneous competitions at eight universities twice a year. Meanwhile, NATO has launched DIANA, an accelerator program to speed up defense innovations. The competitions are producing real-world results. The winners of one European Defense Tech Hackathon were a team of Bulgarian high school students who came up with a de-mining solution that they used to found a startup. At last year's London event, the winning team devised an idea for an anti-drone system. They went to Ukraine for more testing and then were bought by a startup that went on to raise millions in venture capital funding, said Pass. This year, instead of a trophy, some London teams signed term sheets with investors. Hackathons have their origins in the software industry. Small teams of programmers and developers are pitted against each other in marathon brainstorming sessions to write programs that could become new products. 'The beauty of the hackathon is you get a mixture of people who never normally meet,' said Wolba. 'Engineers are paired with actual investors who understand something on the commercial side but also critically military end users.' Organizers want to foster a culture of nimble startups to join Europe's defense ecosystem, traditionally dominated by a handful of big prime military contractors, such as Britain's BAE, Germany's Rheinmetall, and France's Thales, that are focused on building pricey hardware. 'There's definitely been a shift in the industry from the purchase of more exquisite, high-cost capabilities, such as fighter jets or submarines or expensive tanks, toward more low-cost systems that can give you scale advantages,' said Richard Pass, one of the co-founders of the London event. A recent aerial confrontation between Pakistan and India further highlights how Europe is at risk of losing its edge against adversaries, he said. Pass said reports that Pakistan used Chinese-made fighter jets armed with Chinese air-to-air missiles to down Indian air force planes, including three French-made Rafale jets, came as a big surprise. Not only does it show technological parity between the Chinese and leading Western industrial nations like France, but it also hints at China's advantages in mass-producing fighter jets that could overwhelm Western forces, he said. Fostering a broader European defense tech startup ecosystem is a way to regain that technological advantage, he said. Defense tech startup founders can ride a wave of investment as Europe moves to beef up its military capabilities. Leaders of NATO, which includes 30 European nations, are meeting this week to endorse a goal to spend five percent of gross domestic product on defense. The European Union has sought to mobilize 800 billion euros (927 billion) to boost the 27-nation bloc's defense, with priorities including drones, AI, autonomous systems, and quantum computing. Britain, which left the EU, has meanwhile pledged to spend ten percent of its defense budget on new technologies. Europe still has a long way to go. The continent's defense tech startup ecosystem is young and about five years behind the US, consulting firm McKinsey said in a recent report. But it's growing rapidly as investors flock there. Venture capital investment in Europe's defense tech sector for 2021–2024 more than quadrupled from the previous three-year period, according to Pitchbook. At the London hackathon, teams worked into the evening fueled by chocolate bars, energy drinks, fruit, and a late-night pizza delivery. Army cots were available for those who wanted to catch a few hours of sleep. Soldiers in camouflage and defense company reps hovered on the sidelines to provide advice and answer questions. CEO Andrii Solonskyi said defense hackathons are a bit of a novelty. 'The industry has traditionally been more structured and formal because it's a serious business and there's a lot of things that can go wrong,' he said. 'But what we definitely feel is that you can be very agile in defense right now.'
Yahoo
5 days ago
- Business
- Yahoo
Hackathon teams race to solve defense tech challenges as Europe boosts military capabilities
SANDHURST, England (AP) — Hunched over laptops, the team of four raced to solve a challenge: how to get a set of drones to fly themselves from one place to another when GPS and other signals are jammed by an enemy. Elsewhere around the hall, groups of people — engineering students, tech workers and hobbyists — gathered around long tables to brainstorm, write computer code or tinker with more drones and other hardware. Most of them were strangers when they first gathered last month at Britain's Sandhurst Military Academy to compete in a 24-hour 'hackathon" focused on defense technology. Many were drawn to the event because they wanted to use their technical skills to work on one of the biggest challenges confronting Europe: the continent's race to beef up its military capabilities as Russia's war in Ukraine threatens to widen global instability. 'Given the geopolitical climate, defense tech is relevant now more than ever,' said Aniketh Ramesh, a startup founder with a Ph.D. in robotics in extreme environments and one of the drone team members. The hackathon, he said, 'is a good place to sort of go and contribute your ideas.' 'Robotics and drones are having their iPhone moment" because costs have come down and the hardware is widely available, Ramesh said. That means building drones to do new things is more a 'thinking challenge" than a technical one, he said. Ramesh already knew one teammate, a former British army paratrooper, from a previous event. They recruited two others — one engineer and one with a Ph.D. in computer vision — through the event's group chat on Signal. The drone problem was just one of the many challenges the teams could choose to solve. The tasks were proposed by defense tech companies like German drone maker Helsing, robotics company Arx, the British military and Kyiv-based venture capital firm D3. Some worked on software, such as an algorithm to predict which way a target would move. Others came with their own ideas. One team made a plastic cup packed with sensors that could be produced in large amounts to be scattered across a battlefield. Another team built a scale model of an autonomous medical evacuation aircraft. Similar competitions have been held regularly across Europe since last year, inspired by the Ukrainian military's on-the-fly wartime innovations to fend off the larger Russian army. The grassroots meetups are part of a wider network of defense innovation that organizers hope to foster in Europe, underscoring the continent's scramble to churn out weapons that have been turbocharged by U.S. President Donald Trump's persistent threats to withdraw from the NATO trans-Atlantic security alliance. The idea is to 'go build a prototype, take your prototype to become a product, and go build a company' so that you can 'deliver stuff to the frontline and hopefully save someone's life,' said Benjamin Wolba, who organizes a separate but similar series, the European Defense Tech Hackathon. Wolba's group has held tournaments in about 10 cities in the past twelve months, including one in Lviv, Ukraine, in May, and has scheduled more this year in Sheffield, England; Gothenburg, Sweden; Marseilles, France; London; and Berlin. The European Union-backed EUDIS Defence Hackathon holds simultaneous competitions at eight universities twice a year. Meanwhile, NATO has launched DIANA, an 'accelerator' program to speed up defense innovations. The competitions are producing real-world results. The winners of one European Defense Tech Hackathon were a team of Bulgarian high school students who came up with a de-mining solution that they used to found a startup. At last year's London event, the winning team devised an idea for an anti-drone system. They went to Ukraine for more testing, and then were bought by a startup that went on to raise millions in venture capital funding, said Pass. This year, instead of a trophy, some London teams signed term sheets with investors. Hackathons have their origins in the software industry. Small teams of programmers and developers are pitted against each other in marathon brainstorming sessions to write programs that could become new products. 'The beauty of the hackathon is you get a mixture of people who never normally meet,' said Wolba. 'Engineers are 'paired with actual investors who understand something on the commercial side, but also, critically, military end users.' Organizers want to foster a culture of nimble startups to join Europe's defense ecosystem, traditionally dominated by a handful of big 'prime' military contractors such as Britain's BAE, Germany's Rheinmetall and France's Thales that are focused on building pricey hardware. 'There's definitely been a shift in the industry from the purchase of more exquisite, high-cost capabilities, such as fighter jets, or submarines, or expensive tanks, towards more low-cost systems that can give you scale advantages,' said Richard Pass, one of the co-founders of the London event. A recent aerial confrontation between Pakistan and India further highlights how Europe is at risk of losing its edge against adversaries, he said. Pass said reports that Pakistan used Chinese-made fighter jets armed with Chinese air-to-air missiles to down Indian air force planes, including three French-made Rafale jets, came as a big surprise. Not only does it show 'technological parity between the Chinese and leading Western industrial nations like France,' but it also hints at China's advantages in mass-producing fighter jets that could overwhelm Western forces, he said. Fostering a broader European defense tech start-up ecosystem is a way 'to regain that technological advantage,' he said. Defense tech startup founders can ride a wave of investment as Europe moves to beef up its military capabilities. Leaders of NATO, which includes 30 European nations, are meeting this week to endorse a goal to spend 5% of gross domestic product on defense. The European Union has sought to mobilize 800 billion euros ($927 billion) to boost the 27-nation bloc's defense, with priorities including drones, AI, autonomous systems and quantum computing. Britain, which left the EU, has meanwhile pledged to spend 10% of its defense budget on new technologies. Europe still has a long way to go. The continent's defense tech startup ecosystem is young and about five years behind the United States, consulting firm McKinsey said in a recent report. But it's growing rapidly as investors flock there. Venture capital investment in Europe's defense tech sector for 2021-2024 more than quadrupled from the previous three-year period, according to Pitchbook. At the London hackathon, teams worked into the evening, fueled by chocolate bars, energy drinks, fruit and a late-night pizza delivery. Army cots were available for those who wanted to catch a few hours of sleep. Soldiers in camouflage and defense company reps hovered on the sidelines to provide advice and answer questions. CEO Andrii Solonskyi said defense hackathons are 'a bit of a novelty.' The industry has traditionally been more structured and formal, because 'it's a serious business and there's a lot of things that can go wrong,' he said. But, "what we definitely feel is that you can be very agile in defense right now." Kelvin Chan, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
18-06-2025
- Business
- Bloomberg
Ex-SpaceX Staffers Raise Cash for Defense Manufacturing Startup
As far as startup ideas go, there is nothing sexy about wire harnesses. They're a bundle of wires and components designed to deliver electrical power and data. But to Senra Systems, they're a gateway into a big opportunity that Silicon Valley has ignored for decades. As the defense tech industry develops increasingly advanced hardware products, from autonomous drones and satellites to reusable rockets, the US lacks a modern supply chain for the obscure but critical parts and components that make these devices work. Often, such parts are made in China — a reality that's stoked fears about US supply chains for products like planes and weapons.
Yahoo
17-06-2025
- Business
- Yahoo
Spotify's Daniel Ek just bet bigger on Helsing, Europe's defense tech darling
When Daniel Ek isn't busy running Spotify or building his new AI-driven health tech enterprise, he's making massive bets on the future of European warfare, seemingly. The billionaire, who primarily lives in Stockholm, just led a €600 million investment in Helsing, a four-year-old, Munich-based defense tech company that is now valued at €12 billion, according to the Financial Times. The deal makes it one of Europe's most valuable privately held companies; it also highlights Europe's scramble to build its own military muscle as the world grows messier and the U.S. turns inward. The numbers help tell the story. Helsing raised $450 million just shy of a year ago; now, it's back with this even bigger round led by Ek's investment firm Prima Materia. It's part of a broader defense tech boom that's seeing money flood into companies like the U.S. giant Anduril, which just raised $2.5 billion led by Founders Fund, and European drone makers Quantum Systems and Tekever. (In recent weeks, they announced €160 million and €70 million, respectively, in rounds that put them both into so-called unicorn territory.) TechCrunch has reached out to Helsing for more details about how it plans to use the new funding. As for what, exactly, Helsing does, Wired said last year to think of it as turning modern warfare into something that looks more like a video game, except with very real consequences. The company's main product takes massive amounts of data from military sensors, radars, and weapons systems, then uses AI to create intuitive, real-time visualizations of what's happening on the battlefield. Instead of soldiers making life-or-death decisions based on phone calls and hand-drawn maps, everyone is seeing the same information, whether from a frontline trench or a command center miles away. But what started as an AI software company has grown much more ambitious. Helsing is now building its own strike drones and aircraft and said it's working on a fleet of unmanned mini submarines in order to irmprove naval surveillance. The timing isn't coincidental. As American investor Eric Slesinger told TechCrunch this spring, 'European governments waited way too long to rethink what the arrangement on their own security meant.' The wake-up call came with Russia's invasion of Ukraine, which made it clear that Europe couldn't rely on American protection alone. The U.S. election late last year of President Donald Trump — who is far more interested in advancing American interests — has since put a much finer point on things. Now European leaders are talking about spending big on defense while achieving strategic autonomy, meaning their ability to handle their own security. Greek Prime Minister Kyriakos Mitsotakis recently summed up the movement in a separate interview with TechCrunch: 'We're going to spend a lot of money on defense as Europe. The defense landscape is changing, which is no longer just going to be about planes, tanks—this is all going to be much more digitally and AI driven.' A couple of years ago, that realization was the impetus for the NATO Innovation Fund, the world's first multi-sovereign venture capital fund backed by 24 NATO allies. But the capital pool is just one of several signs that Europe has grown serious about building its own defense tech ecosystem rather than relying on the U.S. for protection. Ek, who first invested in Helsing back in 2021, before the outbreak of the Ukraine war, has perhaps seen for a while where thing are heading. As he said in a press release about Monday's funding: 'As Europe rapidly strengthens its defense capabilities in response to evolving geopolitical challenges, there is an urgent need for investments in advanced technologies that ensure its strategic autonomy.' Other investors in Helsing's new round include earlier backers Lightspeed Ventures, Accel, Plural, General Catalyst and Saab, and new investors BDT & MSD Partners. The company has now raised €1.37 billion altogether. Sign in to access your portfolio
Bloomberg
06-06-2025
- Business
- Bloomberg
Bloomberg Technology 6/5/2025
Bloomberg Technology hits the road with Ed Ludlow and Caroline Hyde live from the Tech Summit in San Francisco. They speak with Anduril Executive Chairman Trae Stephens about the company's latest fundraise and the future of defense tech, Agility Robotics CEO Peggy Johnson about her outlook for the robotics industry, and they hear from Alphabet CEO Sundar Pichai on AI competition on the horizon. (Source: Bloomberg)
