Europe is investing €800 billion into defense, attracting venture capitalists who were previously hesitant about military-related investments.
The defense sector in Europe is experiencing a transformation with technologies like AI-powered drones and satellite surveillance startups playing a key role.
The focus is not just on war but also on sovereignty, security, and capitalizing on technological opportunities.
Europe had a wake-up call after Russia's invasion of Ukraine in 2022, leading to a shift in the security landscape.
The confidence in external protection wavered, pushing Europe towards investing more in defense capabilities.