Author: David John
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Reflex Aerospace raises €50 million in Series A funding round
German satellite manufacturer secures Europe’s largest New Space Series A to date. Berlin-based Reflex Aerospace has raised €50 million in a Series A round led by Human Element, joined by Alpine Space Ventures, Bayern Kapital, HTGF and others. The…
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European Defence Fund receives record number of proposals
410 proposals submitted for €1 billion fund The European Defence Fund (EDF), an EU fund dedicated to defence projects, has received a record 410 project proposals under its 2025 call.…
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EU launches Defence Readiness Roadmap 2030 to strengthen continental deterrence
Joint plan sets milestones for industrial capacity, mobility and capability deployment by 2030. The European Commission and High Representative Josep Borrell have introduced the “Defence Readiness Roadmap 2030”, a joint…
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Rheinmetall and VMZ form €1 billion JV to build artillery shell plant in Bulgaria
Project will produce 155 mm artillery shells by 2027 for NATO and EU states, bolstering Eastern Europe’s industrial capacity. German defence group Rheinmetall and Bulgarian state-owned VMZ (Vazovski Mashinostroitelni Zavodi)…
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Helsing acquires underwater drone maker Blue Ocean
Deal combines Helsing’s AI with Blue Ocean’s hardware to scale maritime autonomy. Helsing, the German defence technology company known for its AI defence systems, has agreed to acquire Blue Ocean,…
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