European investors are backing two of the region’s fastest-growing technology start-ups developing low-cost air defence systems to help plug one of Europe’s biggest military capability gaps.
Fundraising by Frankenburg Technologies and Tytan Technologies, announced on the fourth anniversary of Russia’s full-scale invasion of Ukraine, comes as Europe’s defence start-ups seek to scale up production of critical capabilities.
The latest financing was “about the broader air defence space”, said Balázs Nagy, co-founder and co-chief executive of Tytan whose AI-powered interceptor drones have been deployed in Ukraine.
您已阅读18%（616字），剩余82%（2754字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。