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European defence industry
Trends
- 1Council names first five EU defence projects of common interest▼European defence industry: Council identifies the first five projects of common interest
The Council of the European Union has identified the first five projects of common interest under its work to strengthen the European defence industry. The designation is meant to steer EU cooperation and funding toward jointly agreed industrial capability priorities. The move reflects Brussels' broader push, accelerated by the war in Ukraine, to build a more integrated and autonomous European defence technological and industrial base.
- 2AI and arms sectors push Germany's unicorn startups to record level●AI boom and arms industry set €1bn startups at record level in Germany
Germany has reached a record number of startups valued at €1 billion or more, driven largely by investment in artificial intelligence companies and a resurgent defence industry. Growth in the arms sector reflects rising European defence spending, while AI firms have attracted strong venture capital. The trend marks a notable shift for Germany's startup landscape.