Funding
TEKEVER expands into Germany after $580m Series D gives $6.4bn valuation
The European drone maker bought one of its suppliers last month and plans further M&A ahead of an IPO end-goal.
M&A
CSG enters space sector with 9.5% stake in Canadian MDA Space
The Czech defence group paid about €411m for the 9.5% holding and plans to explore European manufacturing sites…
Funding
EU defence loan payouts near €13.5bn as Belgium and Czechia draw first funds
Payouts cover about 9% of the €150bn instrument, while smaller Hungarian and Italian requests free up billions Brussels…
Analysis
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Analysis
First-half 2026 results unpicked: order book heaven
The first-half results are now in for Europe's biggest defence and aerospace companies and the continent's rearmament push is creating enormous order backlogs.
Funding
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TEKEVER expands into Germany after $580m Series D gives $6.4bn valuation
The European drone maker bought one of its suppliers last month and plans further M&A ahead of an IPO end-goal.
Markets
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Markets
Rheinmetall revenue jumps 39% as Europe’s rearmament moves into production
The German giant reported €5 billion first-half sales and operating profit of almost €800 million, a 74% rise. Orders continued to rise with a…
M&A
CSG enters space sector with 9.5% stake in Canadian MDA Space
The Czech defence group paid about €411m for the 9.5% holding and plans to explore European manufacturing sites and joint acquisitions with MDA.
Policy
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Policy
Germany to launch state-backed fund to invest in defence start-ups
Germany will launch a state-backed investment vehicle to take direct equity stakes in defence and security start-ups, the government said Wednesday. Berlin is seeking…