Market Insights
Research reports on defense technology themes, market dynamics, and our investment thesis — alongside our latest company presentations to investors and partners.
Point of View Reports
Ballistic Missile Defence: When the Stockpile Becomes the Strategy
Ukraine intercepted just 15 per cent of ballistic missiles in July after running out of interceptors, while US Patriot stocks fell roughly two-thirds fighting Iran. Why stockpile depth — not technology — now decides Europe's air defence, and where the capacity build-out creates room for new entrants.
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Radar & Sensors — The Need for a Multilayer Detection System
Mass-produced drones and cruise missiles are reshaping air defence. Why cheap, distributed sensors and a multilayer detection strategy are becoming central to surviving in a drone-saturated environment — and how it opens a new investment window in the sensor layer.
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The Rise of Unmanned Ground Vehicles
Why UGVs could become the next major defense technology investment theme. +650 % delivery growth in Ukraine 2024–2025, 1 600 soldiers protected per month, and a 10–26× cost advantage over crewed alternatives.
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