Startup Europe — The Sifted Podcast

“90% of drone startups will fail in five years”: Europe's defence tech beyond drones

Sifted

On this week’s Newsroom episode, where we ask our journalists what they’re hearing as they report on Europe’s tech industry, Amy's joined by senior reporter Anne Sraders.

Anne reports on one of the continent’s most hyped sectors: defence tech, a market that is booming as governments put large sums of cash behind plans to rearm in the face of increasing Russian aggression. Meanwhile, Amy has been at Resilience, a conference full of startups, soldiers and spies who are all figuring out which new technologies will be assisting Europe’s militaries in the coming years.

They discuss why the VC herd is flocking around drone startups — and where they could be looking instead; the companies trying to future proof European supply chains; and just how likely it is that significant public money will flow into innovative startups, rather than the big primes.