Est. 2001·3,000+ placements · six offices · four regions

Company signals · Defence Technology

Helsing

1 signal in the current window, with MitchelLake's leadership read on each.

Last updated

Market context: The wider read — a Talent Market Index of 111.2 (Hot), up 5.2 month-on-month — shows EMEA signal flow easing (-4.4pts).

Helsing: 1 signal in the last 90 days — in line with the Defence Technology median of 1 across 40 tracked companies; 0.1% of MitchelLake's EMEA signal flow.

Signals at Helsing

More signals across Defence Technology

Capital Raising · EMEA

DAMAC Digital

UAE billionaire Hussain Sajwani's DAMAC Digital securing $66 billion investment for AI data center expansion across 13 countries with 6,000 megawatts planned capacity

Capital Raising · EMEA

Quantum Systems

German surveillance drone company Quantum Systems secured €160 million in Series C funding in 2025 and extended the round with €180 million, bringing total 2025 funding to €340 million and valuation above €3 billion.

Capital Raising · EMEA

Electro Optic Systems Holdings Ltd

EOS raised $150M via institutional placement at $8.00/share plus $40M private placement from Calidus (UAE defence company) to fund MARSS acquisition and increase balance sheet flexibility

Capital Raising · EMEA

Destinus

Destinus, Netherlands-based defence startup manufacturing cruise missiles and autonomous drones, is raising approximately €200M ahead of planned IPO with valuation target exceeding €5B

Ma Activity · EMEA

Thales

Germany has scrapped its F126 frigate program, creating a €12 billion contract opportunity for warship replacement. Thales faces revenue impact from the cancellation but a potential new procurement cycle may emerge.

Product Launch · EMEA

ST Engineering

ST Engineering secured a US$87.1 million UK defence contract to provide nine variants of 40mm high and low velocity grenades to the military.

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