Published on 18/06/2025 - 15:34 GMT+2
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California-based Anduril Industries and Germany’s largest arms shaper Rheinmetall announced connected Wednesday that they would jointly create drones and rocket motors nether a caller strategical business to service European customers.
The extremity is to widen nan disposable scope of autonomous ngo systems.
Anduril's autonomous drones will beryllium integrated into Rheinmetall's Battlesuite integer level that links weapons systems
As portion of nan collaboration, nan 2 companies will travel up pinch a European version of Anduril’s Barracuda, a low-cost, mass-producible drone, and Fury, a high-performance, multi-mission drone, some capable to propel missiles.
Rheinmetall and Anduril besides confirmed they were moving connected rocket motors “to thief guarantee European entree to a reliable statement of propulsion systems offering business redundancy and transportation astatine scale”.
“These systems will beryllium jointly developed and produced by nan 2 companies, incorporating sovereign suppliers and business partners passim Europe,” said their statement.
Rheinmetall’s stock value accrued connected Wednesday aft nan announcement, trading astir 1% higher astir midday successful Europe.
The defence elephantine has seen its stock value astir triple this twelvemonth amid a roar successful European subject spending.
Investor enthusiasm besides earned nan patient a spot successful nan Euro Stoxx 50 benchmark index, successful which it is going to commencement trading connected 20 June, replacing Kering.
Anduril has been connected nan lookout for partnerships arsenic EU governments hole to walk hundreds of billions of euros connected defence successful nan adjacent fewer years.
In an effort to trim reliance connected nan US, nan bloc is looking to favour homegrown players, prompting Anduril to emphasise Rheinmetall’s progressive domiciled successful nan partnership.
Meanwhile, nan US firm’s British branch has precocious trim a woody pinch nan UK authorities to supply drones to Ukraine.