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 and Finance Review - Subscribe to our newsletter

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 © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    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?

    Published by Global Banking and Finance Review

    Posted on September 4, 2025

    3 min read

    Last updated: January 22, 2026

    Factbox-What are some of the European defence startups founded by military vets? - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

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

    Subscribe

    Tags:innovationtechnologyinvestment

    Quick Summary

    European defence startups, founded by military veterans, are thriving due to increased defence spending and innovative tech solutions.

    Table of Contents

    • Defence Startups Founded by Military Veterans
    • German Defence Startups
    • Ukrainian Defence Startups
    • UK Defence Startups
    • Finnish Defence Startups
    • Lithuanian Defence Startups

    European Defence Startups Founded by Military Veterans on the Rise

    Defence Startups Founded by Military Veterans

    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.

    German Defence Startups

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

    Ukrainian Defence Startups

    QUANTUM SYSTEMS

    UK Defence Startups

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

    Finnish Defence Startups

    TERMINAL AUTONOMY

    Lithuanian Defence Startups

    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)

    Key Takeaways

    • •Defence startups in Europe are growing due to increased spending.
    • •Many founders have military backgrounds, enhancing credibility.
    • •Startups span various countries including Germany, UK, and Finland.
    • •Innovations include drones, AI, and cybersecurity solutions.
    • •Veterans leverage military experience to drive tech advancements.

    Frequently Asked Questions about Factbox-What are some of the European defence startups founded by military vets?

    1What is a defence startup?

    A defence startup is a new business that focuses on developing innovative technologies and solutions for military and national security applications.

    2What is military experience?

    Military experience refers to the skills, knowledge, and training gained through service in the armed forces, often valuable in various professional fields.

    3What is a drone technology?

    Drone technology involves the use of unmanned aerial vehicles (UAVs) for various applications, including surveillance, reconnaissance, and delivery in both civilian and military sectors.

    4What is cybersecurity?

    Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks, ensuring the confidentiality, integrity, and availability of information.

    5What is an AI software company?

    An AI software company develops applications and systems that utilize artificial intelligence to perform tasks that typically require human intelligence, such as decision-making and problem-solving.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Aviation leaders tackle industrial and geopolitical headwinds
    Aviation leaders tackle industrial and geopolitical headwinds
    Image for South Korea's Hanwha Aerospace signs $922 million deal with Norway to supply rocket launchers
    South Korea's Hanwha Aerospace signs $922 million deal with Norway to supply rocket launchers
    Image for Olivia Dean named Grammy's best new artist
    Olivia Dean named Grammy's best new artist
    Image for Olivia Dean takes home best new artist Grammy
    Olivia Dean takes home best new artist Grammy
    Image for Hyundai Motor did not exercise option to buy back Russian auto factory
    Hyundai Motor did not exercise option to buy back Russian auto factory
    Image for UK foreign minister says Ethiopia visit to focus on migration
    UK foreign minister says Ethiopia visit to focus on migration
    Image for Former UK minister Mandelson quits Labour after new Epstein revelations, media say
    Former UK minister Mandelson quits Labour after new Epstein revelations, media say
    Image for Oil prices fall 4% on US-Iran de-escalation
    Oil prices fall 4% on US-Iran de-escalation
    Image for EU must push for "Made in Europe" strategy, EU industry chief says
    EU must push for "Made in Europe" strategy, EU industry chief says
    Image for UK wants closer EU defence ties with potential bid to join new SAFE fund
    UK wants closer EU defence ties with potential bid to join new SAFE fund
    Image for Czechs rally to support president in his growing rift with government
    Czechs rally to support president in his growing rift with government
    Image for Portugal launches $3 billion package to help rebuild after storm Kristin
    Portugal launches $3 billion package to help rebuild after storm Kristin
    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