Defense startups eye Iran war windfall

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Once considered a taboo sector to funnel money into by venture capitalists, defense tech has seen a remarkable shift over the past few years. It raised just $869 million globally in 2020, according to deal-counting platform Dealroom —…

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NASA administrator defends Trump’s proposed budget cuts

NASA Administrator Jared Isaacman on Sunday supported the Trump administration’s proposed budget cuts to his agency as the Artemis II mission continues. “Yes, of course I do,” Isaacman said on CNN’s “State of the Union,” when host Jake Tapper asked if he supports the administration’s proposed budget cuts for fiscal year 2027. On Friday, office……

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Can defense save Europe’s ailing car industry?

Ludovic Marin | AFP | Getty Images The European car industry is in a structural crisis. Slowing demand for electric vehicles, lost market share to Chinese competitors and higher borrowing costs have created the perfect storm for the sector over the past five years, as sales volumes continue to slump well below pre-pandemic levels.  Europe’s…

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