The skies of modern conflict and even day-to-day security are rapidly being redefined. Gone are the days when sophisticated air defence was solely the domain of nation-states and multi-billion-dollar missile systems. The democratization of the airspace through affordable, accessible, and increasingly sophisticated Unmanned Aerial Systems (UAS), or drones, is driving an urgent and massive shift in defence spending

Ukraine is set to export its battle-tested weapons — particularly drones, missiles, and possibly artillery — to European allies and enable local production. President Volodymyr Zelenskyy announced the launch of the “Build with Ukraine” program, where Kyiv will sign agreements this summer to open defense production lines in European partner countries and provide access to domestically made technologies.

It's obvious that there's a significant increase in investment flowing into European defense tech startups. Here's a breakdown of the sources and key factors driving this trend