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Leading European defense company invests EUR 70 million in Estonia

Ведущая европейская оборонная компания инвестирует в Эстонию 70 млн евро

To expand its presence in the Baltic region, leading European defense technology company in the field of artificial intelligence Helsing has opened a subsidiary in Estonia. Over the next three years, Helsing will invest 70 million euros in the Estonian branch. Gundbert Scherf and Kaja Kallas. Gundbert Scherf and Kaja Kallas. Photo: Helsing.ai

To expand its presence in the Baltic region, leading European defense technology company in the field of artificial intelligence Helsing has opened a subsidiary in Estonia. Over the next three years, Helsing will invest 70 million euros in the Estonian branch .

Translation: Pavel Sobolev

“The strategic expansion is linked to the company's goal to provide deterrence and protection on NATO's eastern flank. In addition, there is a desire to ensure that the defense industry of the Baltic countries is equipped with the capabilities of modern artificial intelligence,” the company said in a statement. To this end, Helsing will invest 70 million euros in its Estonian subsidiary over the next three years.

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