Former US President Trump's unpredictable approach leads to European defense tech investment surge due to NATO concerns.

The potential return of former US President Donald Trump has led to a surge in investments in European defense technology startups. His unpredictable approach towards NATO and defense budgets has raised concerns among European nations, resulting in a rise in military spending and defense and security spending across Europe rising 16% to €552 billion since 2022. The rise in investments is seen in sectors such as drones, robotics, and quantum computing, as European governments aim for self-sufficiency in defense capabilities.

August 22, 2024
14 Articles