Helsing

German defense company Helsing is supplying combat drones to Ukraine and the Bundeswehr. The article explores their effectiveness on the front line through a Ukrainian combat mission observed by DW.

Europe's defense sector is experiencing significant investment growth, with increased venture funding and EU loan programs tied to domestic production. Key challenges for joint ventures (JVs) include speed, control, and differing value metrics between innovators and established firms. Successful examples like Rheinmetall-ICEYE and Helsing-OHB demonstrate effective collaboration, while overlooked issues like divergent value assessments hinder progress.

The Berlin airshow highlighted 'wingman' drones, AI-powered collaborative combat aircraft (CCA) designed to accompany fighter jets. European and U.S. defense companies, including Airbus, Boeing, Helsing, and General Atomics, are developing these drones for enhanced sensor, jamming, and weapon capabilities. Germany and France are refocusing their Future Combat Air System program on drone systems and data networks after shelving a joint fighter jet project.

Rheinmetall unveiled a 20-foot shipping container system capable of launching 18 FV-014 loitering munitions, each with a 4 kg warhead and 100 km range, at the Eurosatory defense exhibition. The German government awarded Rheinmetall a €300 million contract for the FV-014, joining other domestic companies like Stark Defence and Helsing in supplying loitering munitions to the Bundeswehr.

Helsing, a European military drone startup, is raising $1.2 billion at an $18 billion valuation. The company is backed by Daniel Ek and is five years old. This fundraising round will support the growth of Helsing's defense technology.