The main theme of the report is the current state and future prospects of defense technology development by 2025.
Key findings include: In 2025, venture funding in European startups engaged in defense technology and its applications reached $1.5 billion, making it the most active year. In NATO, venture funding in 2025 amounted to $9.1 billion, 1.4 times more than in 2024. The US dominates defense technology funding among NATO countries with 85% of the total, followed by the EU with 10%. The defense sector is growing faster than any other venture capital sector in Europe.