"Dozens of startups want their share of a very juicy pie. The technological component of drones is key the presence of artificial intelligence is increasingly dominant and these startups are managing to lower prices and successfully compete against the giants of the arms industry. David is beginning to overshadow Goliath, and this has not gone unnoticed by investors. This is the only way to explain why the American drone manufacturer Anduril, founded in 2017, acquired a valuation of more than $30 billion"
"Traditional defense companies are trying to contain the push from new players while muddying the waters. They claim drones fly too low and too slowly, while questioning the valuations some startups are achieving and suggesting the obsolescence of these devices. [Drone warfare] has transformed the nature of war: a world where cheap drones can destroy ultra-expensive ships and planes changes the power dynamics and economics of combat, British consultant and journalist Gillian Tett noted a few weeks ago in the Financial Times"
Drones have fundamentally changed modern warfare by enabling inexpensive, AI-enhanced unmanned systems to perform roles once reserved for costly platforms. Ukraine has leveraged drones as a central defensive tool, while Russia has adapted them for countermeasures and to probe NATO airspace. The market opportunity is vast, prompting dozens of startups to lower costs, incorporate artificial intelligence, and compete with established defense contractors. High valuations and unicorns have emerged, exemplified by Anduril and several European firms. Traditional defense companies push back by questioning drone performance and valuations, but cheap, effective drones are already altering power dynamics and military economics.
Read at english.elpais.com
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