Europe's Anduril rival Helsing raises $1.8 billion at $18 billion valuation

Helsing GmbH has secured $1.8 billion in new funding, valuing the German defense technology company at $18 billion. The round includes participation from Goldman Sachs and follows a restructuring where employees swapped existing stock for phantom shares ahead of the raise. Coverage highlights Helsing’s rapid growth as a competitor to U.S.-based Anduril in drone and autonomous defense systems, positioning it as a major player in Europe’s defense tech sector.

Major outlets—including *Bloomberg*, *Reuters*, *CNBC*, and *marketscreener.com*—emphasize the funding’s scale and Helsing’s valuation leap, framing it as a landmark moment for European defense innovation. The move underscores shifting geopolitical dynamics, with European firms increasingly rivaling U.S. dominance in military technology. Goldman Sachs’ involvement signals broader financial sector confidence in Helsing’s trajectory.

Watch for details on how Helsing plans to deploy the funds, particularly in R&D and potential expansion into new markets. Speculation may arise about regulatory or export-control challenges given the company’s defense focus. Coverage could also explore Helsing’s long-term strategy to compete with established players like Anduril and Israel Aerospace Industries.