Helsing Secures $487M to Bolster AI Defense in Europe
The German startup's funding round aims to enhance NATO's eastern defense amid rising tensions with Russia.
- Helsing's valuation reaches $5.4 billion following the latest investment led by General Catalyst.
- The company plans to expand its operations in the Baltic states, focusing on AI-driven defense projects.
- Helsing's technology improves capabilities in drones, jet fighters, and battlefield decision-making.
- The funding round highlights increased Western investment in defense tech due to security concerns.
- Helsing has secured contracts with major defense entities, including Airbus and the German military.