European defense startup Helsing, valued at $4.5 billion, has shifted from a software-only focus to hardware with the launch of its HX-2 drone. Originally centered on AI software to enhance military capabilities, Helsing has pivoted to hardware manufacturing, challenging traditional defense giants like Raytheon and Lockheed Martin. The HX-2 drone, designed for swarm operations and targeting armored vehicles, marks a strategic shift for the company under CEO Torsten Reil. Manufactured in Germany, the HX-2 reflects Helsing’s broader goal to secure NATO’s eastern flank through partnerships with European arms manufacturers. With plans to produce tens of thousands of drones annually, Helsing is positioning itself as a key player in the evolving defense market.
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