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The defense industry at the MSC: How start-ups are shaping the conference

Defense tech start-ups are dominating the Munich Security Conference. They are critical to Ukraine’s survival – yet their financing still often depends on US investors.

15. February 2026
The Ukrainian President visiting the drone start-up Quantum Systems in Gilching, Germany, shortly before the start of the Munich Security Conference. (picture alliance / Sven Simon – Presidential Office Ukraine)

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Last updated: 15. February 2026