European defence tech attracts record investment, but funding gaps, reliance on US capital and fragmented procurement remain. Investors discuss whether the boom is sustainable.
Funding
Berlin startup Joy_ has brought on a well-known name to support its growth. According to Gründerszene, Lena Gercke is joining the company after it struck a deal on the television show Die Höhle der Löwen. The report describes the move as prominent reinforcement for the young business following its appearance on the programme.
Funding
Poland's state development bank BGK has opened applications for 400 million zloty to support dual-use technology development among small and medium-sized firms.
Funding
A partnership between Deutsche Bank and the European Investment Bank aims to channel €560 million into European SpaceTech to strengthen sovereign space capabilities.