Drone start-up Helsing set for $18bn valuation as investors pile into defence

Helsing plans to raise $1.2bn in its latest funding round at a $18bn valuation; the post only discloses that the German company is backed by Spotify’s Daniel Ek.

Why it matters: HKR-H/K/R all pass: FT reports Helsing seeking $1.2bn at an $18bn valuation, a concrete defense-AI funding signal. It stays below 78 because the disclosed facts center on financing, not a new model or product capability.