Trump's Influence Spurs European Defence-Tech Investments

Donald Trump's potential return to the White House has sparked significant investment in defence-technology startups across Europe. His unpredictability and threats regarding NATO have led to a record $2.4 trillion in global military spending in 2023. Europe's defence spending has seen notable increases, with various startups and tech companies benefiting from this surge.

Donald Trump's potential return to the White House has catalyzed a wave of investment in defence-technology startups across Europe, according to eight industry executives and investors.

Trump's threats to withdraw the U.S. from NATO and his demands for higher defence budgets from allies have fueled global military spending, which reached a record $2.4 trillion in 2023, said a report by the Stockholm International Peace Research Institute (SIPRI).

Europe has responded with significant initiatives such as the $1.1 billion NATO Innovation Fund and the European Union's first defence industrial strategy, investing heavily in military innovation. These steps align with increased investments in tech companies focusing on drones, robotics, and quantum computing, partly driven by Trump's unpredictable policies.