The GAK Sejong buildout would more than triple the 55-megawatt plan the companies floated in June NVIDIA intends to put $1 billion into NAVER, with Brookfield eyeing up to $9 billion under a nonbinding term sheet The added capacity is meant to give developers, businesses and government users production-scale compute for models and agents NAVER,...
Category: Investment Security
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Bipartisan Bill Seeks to Strengthen Allied Supply Chains
Bipartisan senators have introduced the Securing Partner Supply Chains Act to counter China’s influence over critical industries The bill aims to establish a State Department-led foreign investment screening initiative modeled on CFIUS The partner nations would receive training, technical assistance and regulatory support to strengthen investment oversight Sens. John Curtis, R-Utah, and Tim Kaine, D-Va.,...
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Thales, Dutch Defense Ministry Partner to Expand Radar Production Capacity
Thales has signed a strategic partnership with the Netherlands Ministry of Defence to expand radar production, development and testing capacity in Hengelo The company plans to invest in a near-field test site, expanded printed circuit board manufacturing and an additional radar test tower The agreement is expected to boost Thales’ radar antenna production capacity by...
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Australia Invests Up to $5B to Strengthen Counter-Drone Capabilities
Australia is expanding its counter-drone capabilities, committing up to $5 billion over the next decade to strengthen sovereign defense systems and respond to evolving battlefield threats. The Albanese government said Tuesday the investment will fund the development and deployment of advanced counter-unmanned aerial system technologies for the Australian Defence Force, building on priorities outlined in...
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UK Unveils $67M Plymouth Defense Investment to Boost Maritime Autonomy, Jobs
The U.K. Ministry of Defence has launched a $67 million defense investment in Plymouth and the South West, aimed at expanding maritime autonomy capabilities, supporting defense businesses and creating skilled jobs in the region. The investment is intended to strengthen the U.K.’s industrial base while accelerating the development and deployment of autonomous maritime systems, including...
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France Plans $10B Munitions Boost, Pushes Industrial Expansion Through 2030
France plans to increase munitions spending by nearly $10 billion through 2030 as it works to rebuild stockpiles and expand production capacity to meet evolving security demands across Europe and the Middle East, Defense News reported. Prime Minister Sébastien Lecornu said the investment reflects lessons from recent conflicts, where the scale and pace of missile,...
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Datadog to Expand Global Footprint With New UK Data Center Presence
Datadog plans to establish a new data center presence in the United Kingdom as demand for cloud services grows across industries with strict data governance and security requirements. The company said Monday the planned facility will expand its regional infrastructure and enable organizations to store operational data in the UK while using Datadog’s observability and...
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UK Launches $28M Fund to Help Startups Break Into Defense Market
The British Ministry of Defence has launched a $27.6 million fund to help small British startups enter the defense sector as the government seeks to expand access to contracts and accelerate the adoption of new technologies for the U.K. Armed Forces. The U.K. government said Wednesday that the program is seeking the “next defense unicorn”...
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Australia Awards $12M in Defense Industry Grants to Boost Sovereign Manufacturing
The Australian government has awarded more than $11.6 million to 44 domestic companies as Canberra continues to invest in local manufacturing capacity tied to priority defense and AUKUS-related programs. How Much Funding Was Awarded Under the DIDG? The funding was distributed through the Defence Industry Development Grants program, which supports Australian defense suppliers across four...
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European Commission Endorses Initial $44B in SAFE Defense Financing for Eight Countries
The European Commission has approved the first set of national defense investment plans under the Security Action for Europe, or SAFE, clearing the way for initial loan disbursements aimed at accelerating military readiness across the bloc. The commission said Thursday that it has submitted a proposal to the European Council to authorize financial assistance for...