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Varma allocates €68M to drone defense tech company
Original: Varma backs defense tech with €68M allocation to drone technology company
Finnish pension insurer Varma is investing €68 million in a drone technology company as part of a move into the defense technology sector. The allocation marks a notable commitment by a major institutional investor to defense tech, a field drawing growing interest and debate across Europe amid rising security concerns.
Why now: Institutional investors putting money into defense technology is a live topic as European security spending rises
Evidence
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