Global defense tech funding reaches $2.4T, with the US leading and trend towards dual-use, "resilience tech" investment.
Defense tech and 'resilience' are gaining global funding as military expenditure reaches $2.4 trillion. The U.S. budget is the largest, with $53B contracts to major tech firms, but the rise of defense tech as an investment trend is global. German-based AI startup Helsing is a notable example. Investors are keen on dual-use tech solutions and the concept of "resilience tech" suggests defense tech can benefit society.
June 30, 2024
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