Drone start-up backed by Peter Thiel crashed and burned in armed forces trials
Berlin-based Stark failed to hit a single target in four attempts at two exercises with the British and German forces
Berlin-based Stark failed to hit a single target in four attempts at two exercises with the British and German forces

Fallout from war in Iran has fuelled demand for protection from UAVs

Uwe Horstmann becomes first chief executive of Stark, a German start-up backed by investors including Peter Thiel

Helsing, Stark and Arx invest in UK factories

Helsing and Stark contracts to supply unmanned weapons to Bundeswehr worth up to €4.3bn in total

Defence minister calls for clarification of US tech billionaire’s role in start-up set to win Bundeswehr contract

Tech groups such as Quantum are winning investor support in Europe, boosting the region’s venture capital industry