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Fortune
Fortune
Anna Heim

With war on their doorstep, European defense tech startups are gunning for a slice of growing military budgets

(Credit: ARX Robotics)

With defense budgets rising in Western countries, major contractors like Germany’s Rheinmetall are in for growing sales. But smaller companies, too, could get a piece of the war pie.

Munich-based dual-use startup ARX Robotics is one of these. Its technology helps convert traditional military equipment like trucks and tanks into unmanned, autonomous vehicles. This allows for safer reconnaissance, logistics, and combat in high-risk areas like Ukraine’s front line.

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