Business Daily

How Finland became a hotspot for defence tech

7 snips
Mar 31, 2025
Discover how Helsinki is emerging as a hub for defense technology, attracting global attention amidst rising geopolitical tensions. Explore the increasing interest from European military forces in innovative training programs and the growing influx of venture capital into the sector. Dive into Finland’s strategic investments of €120 million aimed at bolstering R&D for startups, while navigating challenges like funding and military bureaucracy. This exploration reveals Finland's unique position in shaping the future of defense.
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ANECDOTE

Mixed Reality Flight Simulator

  • Maddy Savage tested a mixed reality flight simulator in a small Helsinki office.
  • The simulator realistically mimics flying an F-16 fighter jet, using a headset, pedals, and control panels.
INSIGHT

Vario's Growth

  • Vario, a mixed reality headset maker, saw significant growth after the Ukraine war.
  • Increased geopolitical instability fueled demand for their products, especially in the US.
INSIGHT

Shifting Perspectives on Defense Tech

  • Nicholas Nelson faced criticism for advocating European defense tech investment in 2020.
  • Now, the perspective has shifted with growing geopolitical tensions and a focus on security.
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