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Swedish Military Joins Forces with Telia and Ericsson to Strengthen Defense Tech via 5G

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The Swedish Armed Forces have officially joined Telia and Ericsson’s NorthStar 5G innovation program, aiming to enhance national defense capabilities through cutting-edge telecommunications technology. The collaboration seeks to advance military communications, logistics, and security infrastructure, while improving interoperability within NATO.

Originally launched in 2023, the NorthStar initiative was initially focused on industrial clients, but growing geopolitical tensions have pushed Sweden to accelerate its defense tech modernization. “We need to speed it up due to the geopolitical situation in the last six months,” said Brigadier-General Mattias Hanson, CIO of the Swedish Armed Forces, in an interview with Reuters.

Sweden became NATO’s newest member earlier this year and currently allocates around 2.7% of its GDP to defense—a figure the government aims to raise to 3.5% by 2030. The move follows broader European efforts to bolster self-defense as U.S. support under the Trump administration has become less certain.

Under the expanded partnership, the military will engage with tech startups and civilian companies to find innovative solutions to defense challenges. One early focus is improving communication systems for drones. “We will try to figure out how to be faster in innovation and how to solve a military problem with civilian technology,” Hanson explained.

Although Sweden has its own military communication infrastructure, future systems will integrate various technologies—including radio, satellite, 5G, and fiber optics—for more robust and flexible operations.

Voyager Technologies Raises $382.8 Million in U.S. IPO Amid Rising Military Spending

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Voyager Technologies, a space and defense technology firm, announced on Tuesday that it raised $382.8 million in its initial public offering (IPO) in the United States. The company and some investors sold approximately 12.35 million shares at $31 each, exceeding the initially marketed range of $26 to $29 per share.

The Denver-based company specializes in mission-critical space and defense technology solutions. Its IPO marks a positive sign for the U.S. market, which has recently recovered from volatility caused by tariff-related disruptions.

Voyager’s public debut aligns with the Trump administration’s efforts to significantly boost defense and space budgets. Last month, President Trump selected a design for the $175 billion Golden Dome project, a next-generation missile defense shield for the U.S.

The stock will begin trading on the New York Stock Exchange under the ticker symbol “VOYG” starting Wednesday. Morgan Stanley and J.P. Morgan served as lead underwriters for the offering.

Anduril Industries Valued at $30.5 Billion After $2.5 Billion Fundraising Round

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Defense tech startup Anduril Industries has more than doubled its valuation to $30.5 billion in a fresh funding round where it raised $2.5 billion, the company announced Thursday. This latest capital injection follows last year’s raise of $1.5 billion, which valued the company at $14 billion.

The new funding round was led by Peter Thiel’s Founders Fund, which contributed $1 billion. Other existing investors also increased their stakes as part of the Series G financing.

Founded in 2017 by Palmer Luckey, Anduril specializes in autonomous defense technologies such as sensors and drones. The company has risen rapidly amid growing demand for affordable, automated defense solutions.

Anduril recently formed a strategic partnership with Palantir Technologies to create a consortium aiming to jointly pursue government contracts, aligned with Pentagon efforts to reduce defense spending.

Founders Fund has been a key backer since Anduril’s inception, with co-founder Trae Stephens also serving as a partner at the investment firm.