The existing €1 billion fund is establishing a Warsaw presence to identify dual-use investments.
Backed by 24 NATO nations, the fund is looking beyond established defence contractors, its president Ari Jonsson told Reuters.
He highlighted counter-drone technology and space-based surveillance as urgent gaps shaped by the war in Ukraine. The expansion is an investment initiative, not an announced equipment purchase.
This is an original summary, not a republication of the full report.
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Rivian says it is on schedule to unlock a $250 million Uber investment tranche as production of its R2 compact SUV expands.
Amazon reported its fastest AWS growth in nearly five years while heavy AI investment pushed trailing free cash flow to a $42.4 billion loss.
Salesforce will acquire Rune Technologies to expand Missionforce, its business serving US military and government customers.