Recommendations from the Defence and Economic Growth Taskforce will outline key steps - including developing regional Defence Growth Deals - to ensure that working people benefit from the government’s move to increase defence spending. Helsing’s acceleration of its £350m Trinity House private investment will see it provide allied navies with AI-powered miniature submarines to protect critical underwater infrastructure. The advanced manufacturing facility will be based in Plymouth, as the new national centre of marine autonomy.

UKDI will be the focal point for innovation within the Ministry of Defence, backed by a ringfenced annual budget of at least £400 million – supporting the government’s Plan for Change by driving defence as an engine for UK growth and creating high-skilled jobs in the dual-use technology sector. 

PC-C5 is a combined joint and multinational experiment allowing partners and allies across Australia, Canada, France, Japan, New Zealand, United Kingdom, and all branches of the United States military to integrate resources and technologies in support of defense transformation efforts for future warfighters. The PC-C5 experiment presented opportunities for multinational forces to test Next Generation Command Control (NGC2) systems using relevant AI models. BigBear.ai’s Virtual Anticipation Network (VANE) platform proved critical in helping forces quickly gain situational awareness and identi…

This strategic decision aligns with the "Lead the Future" plan and makes Orange’s focus on strategic verticals with high sovereignty stakes a reality. It also demonstrates the Group’s desire to leverage its operational excellence to support defence and security actors in France and Europe. The Défense and Security sector increasingly relies on cutting-edge technologies driven by digital innovation and has high requirements for resilience and security. It demands a deep understanding of the needs of these actors, as well as a high level of data sovereignty, risk anticipation, operational exce…

The high number of proposals received went well beyond the Commission expectations. It is a clear testament to the very high momentum and interest in AI across Europe, and especially in AI Gigafactories . This wave of interest underscores Europe’s opportunity to position itself as a global powerhouse in artificial intelligence, fully aligned with the bold vision set out in the AI Continent Action Plan.

Helsing, the leading European defence technology company, has announced its €600 million Series D funding round. The round was led by Prima Materia, alongside existing investors Lightspeed Ventures, Accel, Plural, General Catalyst and SAAB and new investors BDT & MSD Partners.

UK troops and warships will be protected by drone and laser weapon technology through a major £5 billion investment, as the UK seeks to become the leading edge of innovation in NATO under the Strategic Defence Review (SDR) and driven by lessons from Ukraine.  The major funding package includes more than £4 billion for autonomous systems and a further investment of nearly £1 billion for Directed Energy Weapons (DEW) this Parliament – including the iconic DragonFire laser – boosting frontline capabilities while creating 300 skilled jobs across the country. 

On Tuesday, the Secretary General spoke at the NATO Public Forum – a conference that lasted two days and provided in-person and online audiences with an opportunity to dive into the decisions being made at the Summit, as well as other topics on which NATO is engaged. NATO also hosted a Summit Defence Industry Forum on the 24th that brought together political and military leaders, as well as industry, to advance efforts to boost defence industrial production across the Alliance. 

Palantir Technologies Inc. (NASDAQ:PLTR) today announced financial results for the first quarter ended March 31, 2025. “Our Rule of 40 score increased to 83% in the last quarter, once again breaking the metric. We are in the middle of a tectonic shift in the adoption of our software, particularly in the U.S. where our revenue soared 55% year-over-year, while our U.S. commercial revenue expanded 71% year-over-year in the first quarter to surpass a one-billion-dollar annual run rate,” said Alexander C. Karp, co-founder and chief executive officer of Palantir Technologies. “We are delivering…