Drone company backed by Erik Prince surges 500% in Wall Street debut
Swarmer jumped to a $380mn market cap after its IPO
Swarmer jumped to a $380mn market cap after its IPO

German company backed by Spotify’s Daniel Ek set to raise $1.2bn in latest funding round

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

Cambridge Aerospace is focused on developing cheaper air defence systems

Berlin-based Stark failed to hit a single target in four attempts at two exercises with the British and German forces

Defence-tech start-up becomes one of Europe’s most valuable drone makers

The latest iteration of flying robot warfare, unmanned weapons co-ordinate to overwhelm enemy defences