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Home›Global Markets›Europe›AI drone maker Tekever valued at $6.4 billion amid Eur…

AI drone maker Tekever valued at $6.4 billion amid European defense surge

Reported · Written up by our desk · Europe

CNBC Markets reports that Tekever, a European AI drone maker, has reached a $6.4 billion valuation as investors back defense technology tied to the Ukraine war.

The outlet says Tekever is among several European defense tech startups securing large fundraising rounds amid a rearmament push by countries in the region.

CNBC World also points to the broader defense spending trend as the backdrop for these sizable rounds, with demand for advanced drone and related technologies rising in Europe.

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Sources

CNBC MarketsAI drone maker hits $6.4 billion valuation as Ukraine war spurs defense tech
CNBC WorldAI drone maker hits $6.4 billion valuation as Ukraine war spurs defense tech

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