BLUF: Miltech leaders/investors say Germany’s new plan creates long-term procurement opportunities for defense SMEs building software or drones, but they’ll likely still need to partner with large primes to succeed.
Belgian firearms manufacturer FN Herstal starts mass production of the world’s first holographic micro handgun sight using optical nanotechnology developed for augmented reality.
NestAI, a new defense AI startup in Finland, hired Patrick Shepherd from Estonia’s Milrem Robotics as its new operations chief. The company is positioning itself as a sovereign European provider of AI systems for military users, particularly for controlling robots.
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Romain Gallix is joining Paris-based defense advisory firm Galion Group.
NestAI, featured in today’s issue, is hiring for several positions in Helsinki.
ARX Robotics is hiring a senior robotics system engineer in London.
The German Council on Foreign Relations is hiring a research fellow for geo-economics and economic security, the head of its Geoeconomics Center announced on LinkedIn.
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Tank manufacturer KNDS is urging the German government to give a firm answer on whether it intends to buy a stake in the company as it goes public. Nevertheless, it may push ahead with an Initial Public Offering this summer, the Financial Times reports.
British Labour MP Will Stone has warned in a letter to the government that Britain’s lack of “a firm or coherent position” on the forthcoming Defence, Security and Resilience Bank “risks causing lasting damage to the UK’s strategic interests.”
The Polish government has signed a loan agreement with the EU for €43.7 billion in defense financing as part of the Security Action for Europe (SAFE), Reuters reports. Poland is the largest loan allocation of any country participating in the €150 billion program.
Latvian Defense Minister Andris Sprūds has resigned after Ukrainian drones crossed the Russian border and hit a Latvian oil storage facility, Politico reports.
The British Royal Navy will spend £200,000 so that the top two decorative buttons on female officers’ ceremonial jackets will no longer be at the same height as their nipples, The Times reports.
