European defence startups see surge in investments amid Trump return fears

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Europe hedging against a Trump return with defence investments, investors say Former president previously said he wo...

Asked if the potential for a Trump victory in November was influencing defence investment, CEO Stefan Roebel said: “Absolutely.

There’s a structural change in the defence sector here.“We’ve become very much reliant on the US,” he added.“I talk to a lot of people in defence, and what I’m hearing is that it’s very important for European countries to be more self-sufficient.

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Category: EconomyBusiness

Markets: MalaysiaCanadaGermanyUkraine

Topics: Donald trump Investment Startups Defence industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 21:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 874 words

Reading Time: 5 minutes read

Sentences: 35 lines

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Copyright Owner: © Malay Mail

News ID: 22210061

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