Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Factbox-What are some of the European defence startups founded by military vets?
    Headlines

    Factbox-What are some of the European defence startups founded by military vets?

    Factbox-What are some of the European defence startups founded by military vets?

    Published by Global Banking and Finance Review

    Posted on September 4, 2025

    Featured image for article about Headlines

    STOCKHOLM (Reuters) -With a rise in defence spending by European countries, many defence technology startups are seeing robust growth, supported by their founders' military experience.

    Below is a list of some of these startups in the region:

    QUANTUM SYSTEMS

    The German drone startup was founded by Florian Seibel, a former officer in the German Armed Forces.

    TERMINAL AUTONOMY

    Two of the three co-founders of this Ukrainian drone startup are veterans of the U.S. and Australian militaries.

    CYBSAFE

    British Cybersecurity firm CybSafe, which caters to commercial and defence companies, was founded by former UK Special Forces Lieutenant Colonel Oz Alashe. 

    ROWDEN TECHNOLOGIES

    This UK-based military technology firm was founded by former military veteran Rob Harper.

    FRANKENBURG TECHNOLOGIES

    This Estonian defence tech company, which makes mass-manufacturable missile systems, has several top executives with military background.

    ARX ROBOTICS

    The German company, which makes autonomous ground systems, was founded by three former officers of the German Armed Forces, Marc Wietfeld, Maximilian Wied, and Stefan Roebel.

    BUNTAR AEROSPACE

    The Ukrainian drone maker was co-founded by Ivan Kaunov, who joined the Armed Forces of Ukraine in 2022 and served as an infantry private.

    ARONDITE

    This UK-based defence company was founded by Will Blyth, a former veteran of the British Army.

    BLINKTROLL

    Norway's BlinkTroll, which produces military training gear, was founded by former Norwegian soldiers Kenneth Skorpen and Oystein Hatlestad.

    TRYPILLIAN

    The British-Ukrainian defence startup is co-founded by Ivan Matveichenko, a Ukrainian military veteran who participated in the battles for Bakhmut and Soledar.

    VIZGARD

    An AI software company for defence, it was founded by former British Royal Navy submariner Alex Kehoe.

    LABRYS TECHNOLOGIES

    The UK-based software company, which counts defence companies as customers, was co-founded by British military veterans August Lersten and Luke Wattam.

    ADARGA

    This UK-based defence-focused AI firm was founded by former British Army officer Robert Bassett Cross.

    ALLIED ADAPTIVE INDUSTRIES

    A UK-based defence procurement startup that was founded by John Williams.

    NORDIC DEFENCE INNOVATION FOUNDRY

    This Finland-based firm, which helps innovators to develop products for the military, was founded by three active Finnish Defence Forces reservists - Joel Noutere, Janne Laukkanen and Oscar Nissin.

    CROWN CYBER DEFENCE

    The Finnish drone defence company was founded by former military veteran Mattipekka Kronqvist.

    GOVRADAR

    Germany-based GovRadar, which helps in government and military procurement, was co-founded by Sascha Soyk, who has served in the German army.

    GRANTA AUTONOMY

    This Lithuania-based drone maker was founded by former military engineers Gediminas Guoba and Laurynas Litvinas.

    (Reporting by Supantha Mukherjee in Stockholm and Michael Kahn in Prague; Editing by Bernadette Baum)

    Related Posts
    Russia jails man for 22 years for blowing up trains in Siberia at Ukraine's behest
    Russia jails man for 22 years for blowing up trains in Siberia at Ukraine's behest
    Lasers turn back time on Rome’s Column of Marcus Aurelius
    Lasers turn back time on Rome’s Column of Marcus Aurelius
    Italy raids illegal tobacco factory, seizes 27 tonnes of cigarettes
    Italy raids illegal tobacco factory, seizes 27 tonnes of cigarettes
    Families of jailed pro-Palestinian activists on hunger strike urge UK government to act
    Families of jailed pro-Palestinian activists on hunger strike urge UK government to act
    EU leaders think it is fair to use Russian assets for Ukraine, Polish PM says
    EU leaders think it is fair to use Russian assets for Ukraine, Polish PM says
    EU court says Denmark's ethnic-based 'ghetto law' may be discriminatory
    EU court says Denmark's ethnic-based 'ghetto law' may be discriminatory
    Germany and Spain urge EU to back Mercosur trade deal as France resists
    Germany and Spain urge EU to back Mercosur trade deal as France resists
    Zara turns to AI to generate fashion imagery using real-life models
    Zara turns to AI to generate fashion imagery using real-life models
    Russia says commission on Ukraine war damages has no legal force for Moscow
    Russia says commission on Ukraine war damages has no legal force for Moscow
    Russia's central bank says it will sue European banks in Russian court over frozen assets
    Russia's central bank says it will sue European banks in Russian court over frozen assets
    Albanian parliament erupts over corruption allegations against deputy PM
    Albanian parliament erupts over corruption allegations against deputy PM
    Lucasfilm wins bid to throw out UK lawsuit over 'resurrection' of 'Star Wars' character
    Lucasfilm wins bid to throw out UK lawsuit over 'resurrection' of 'Star Wars' character

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Volkswagen pushing ahead with German cost-cutting, brand boss says

    Volkswagen pushing ahead with German cost-cutting, brand boss says

    Spain orders 100 Airbus helicopters 

    Spain orders 100 Airbus helicopters 

    New Czech government looking at several CEZ buyout options, minister says

    New Czech government looking at several CEZ buyout options, minister says

    Germany launches €30 billion fund to mobilize private investment

    Germany launches €30 billion fund to mobilize private investment

    Rheinmetall, ICEYE partner on $2 billion German army order for space sector

    Rheinmetall, ICEYE partner on $2 billion German army order for space sector

    Meta's Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports

    Meta's Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports

    Irish foreign multinational employment climbs in 2025 despite Trump tariffs

    Irish foreign multinational employment climbs in 2025 despite Trump tariffs

    Russia is preparing for contacts with the United States on Ukraine, the Kremlin says

    Russia is preparing for contacts with the United States on Ukraine, the Kremlin says

    EU targets 41 additional vessels in Russia's shadow fleet

    EU targets 41 additional vessels in Russia's shadow fleet

    EU prosecutors seek to drop Genoa dam case against Italian Webuild CEO

    EU prosecutors seek to drop Genoa dam case against Italian Webuild CEO

    EU to lift sanctions on Kosovo and release financial aid, von der Leyen says

    EU to lift sanctions on Kosovo and release financial aid, von der Leyen says

    EU risks losing out to China and US with climate aims, new Czech minister says

    EU risks losing out to China and US with climate aims, new Czech minister says

    View All Headlines Posts
    Previous Headlines PostSanofi sheds $13 billion in value on weak trial results for eczema drug
    Next Headlines PostChina's Xi seeks closer coordination with North Korea in meeting with Kim