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Tekever Secures €70 Million to Revolutionize Drone Technology
Tekever, a European drone manufacturer, has raised €70 million to enhance its product line and expand into new markets, focusing on the U.S. This funding, led by Baillie Gifford & Co. and the NATO Innovation Fund, underscores the growing influence of tech startups in defense, driven by advancements in AI and automation spurred by the Ukraine conflict.
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By Dr. Tony HoangTekever, a European drone manufacturer, has raised €70 million to enhance its product line and expand into new markets, focusing on the U.S. This funding, led by Baillie Gifford & Co. and the NATO Innovation Fund, underscores the growing influence of tech startups in defense, driven by advancements in AI and automation spurred by the Ukraine conflict.