Helsing Secures $1.8 Billion in Record-Breaking Funding for AI Defense Tech

Helsing has closed a historic $1.8 billion Series E funding round, achieving an $18 billion valuation. This marks the largest private raise for a European defense-tech firm. The Munich startup plans to produce over 1,000 GPS-independent AI strike drones monthly. New investors include JPMorgan and Goldman Sachs. The HX-2 drone, designed for electronic warfare, offers notable success rates in Ukraine. Helsing emphasizes European military sovereignty, avoiding U.S. tech dependencies.