DefTech Startups Warn of Germany's Low Defense Preparedness Ahead of Munich Security Conference
German DefTech startups assess the country's defense capability as inadequate, with 90% rating it as low or very low. Despite criticism, 49% would choose to establish their startups in Germany, a 10% increase from last year, while interest in the USA has plummeted from 25% to 8%. Key issues identified include slow procurement processes and a lack of cooperation with the Bundeswehr. The survey conducted by Get Started involved 37 founders and highlights a growing recognition of the importance of data and AI in defense.
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A survey by Get Started reveals that 90% of German DefTech startups rate Germany's defense capability as low or very low, with issues such as slow procurement processes and inadequate cooperation with the Bundeswehr cited as major challenges. Despite this, 49% of startups would choose to found their businesses in Germany, an increase of 10 percentage points from the previous year, while interest in the USA has dropped to 8%. The survey, conducted ahead of the Munich Security Conference, included 37 founders and indicated a growing recognition of the need for innovative solutions that incorporate data and AI into defense strategies.
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