German defense startup Helsing is in advanced talks for a major funding round targeting an eye-popping valuation of about $18 billion. Reportedly led by US firm Dragoneer Investment Group, with co-lead Lightspeed Venture Partners, the round is said to be nearing execution, underscoring surging investor appetite for defense-focused tech.
Olee.Space, a photonics and defense technology firm, has appointed Venkateswara Gowtama Mannava, former Chairman and Managing Director of Bharat Electronics Limited, as its Strategic Production Advisor. With more than four decades of experience, he will help develop advanced defense electronics such as LIDAR and secure communication networks, supporting India’s push for self-reliance in critical technologies.
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