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European defence industry
Trends
- 1EU Council names first five 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 for the European defence industry. The move is part of EU efforts to strengthen industrial cooperation among member states and boost joint defence capabilities. The decision signals a push toward closer integration of Europe's defence manufacturing base amid heightened security concerns.
- 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.