Leonardo’s Strategy for Scaling Defense Innovation
Leonardo, with 2025 revenues of €19.5 billion, is shifting its innovation strategy toward strategic partnerships with startups to bridge the gap between emerging tech and military deployment.

Leonardo, with 2025 revenues of €19.5 billion, is shifting its innovation strategy toward strategic partnerships with startups to bridge the gap between emerging tech and military deployment.

Ukrainian defense startup Buntar Aerospace has raised $16 million to scale production of its AI-powered drone systems and expand into international markets.

German defense startups are scaling production in Ukraine through new joint manufacturing agreements and increased capital investment.

Mykhailo Fedorov has launched the Army of Robots initiative to scale military robotics, backed by a new investment fund with Palantir CEO Alex Karp as the lead investor.

Leonardo, a major defense prime with €19.5 billion in 2025 revenue, is shifting its strategy toward long-term partnerships with startups to scale emerging technologies.

Andreas Flodström, co-founder of the Varangians fund, discusses the growth of the European DefenceTech sector and the role of over €10 million in capital backing Ukrainian technologies.

Swedish defense startup Terasi has raised €11 million in a seed round co-led by the NATO Innovation Fund and Join Capital to scale its secure wireless communication technology.
