BAE-backed Expeditions raises €197M fund for European defence startups
THE SO WHAT
A €197M BAE- and NATO-backed fund concentrating on European defence startups means dual-use tech is moving from edge case to core thesis. If you’re building autonomy, sensing, or secure comms in Europe, you now have a clearer capital path — but also a higher bar on export controls, procurement readiness, and alignment with defence use.
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