Airbus backs €500 million defence tech fund

Airbus Defence and Space is investing €500 million in a new European defense technology fund, designated E2D. This venture capital fund was launched by AVP and Earlybird firms with the goal of boosting growth within dual-use and defense companies throughout Europe. The investment agreement was formally signed during the Farnborough International Airshow, highlighting Airbus’s commitment to innovation in the sector. The primary objective of the fund is to accelerate technological advancements applicable to both civilian and military applications. Ultimately, this initiative seeks to strengthen European capabilities in critical defence technologies.