Event 18f7a066-f523-4671-81a9-c3ce8c3f66dc

Approved event from Hybrid War Tracker

Status: Approved Confidence: Low Category: Uncategorized Country: Estonia
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Event Time
1y ago
Created
1mo ago
✏️
Updated
1mo ago

Summary

Headline: Estonia's First Defence Tech Meetup Signals Rapid Growth in Sector

Short Summary: Estonia hosted its first Defence Tech meetup with notable interest from Baltic/Nordic participants and international investors, emphasizing growth in defence innovation, especially drone tech.

Description

The first Defence Tech meetup in Estonia drew over 300 interested participants, highlighting a surge in defence-tech activity. The event gathered startup founders, engineers, investors from Finland, Latvia, Lithuania, as well as numerous stealth defence startups working at high speed, notably on drone projects. A presentation by an ex-CERN scientist on a disruptive, cost-effective product was featured. Estonia is seeing strong momentum and investment interest in its Defence Tech sector.

Evidence

Quotes

I have never seen momentum like yesterday in our first Defence Tech meetup in Tallinn! Despite very short notice - more than 300 people were interested – sadly we could fit only 150 & including folks who traveled from Finland, Latvia & Lithuania!
Many local & European investors I have talked to in recent weeks are not only open to investing but scouting already in Defence Tech!
Most inspiring from the first events was how & with what speed Ukrainian teams are building! ... And whopping 200 teams / startups are working only on drone projects!
The most astonishing talk was by an ex-scientist from the CERN, whose product is at least 20x cheaper than any alternative now.
Our next event is already in April but for Estonia’s ecosystem Defence Tech will be the fastest-growing vertical in 2024 & beyond!
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