News Summary

• NATO has officially closed its first fund to back startups that are building technology strategic to NATO s own goals in defense and security Member nations are collectively committing capital totaling billion around billion at current rates to the NATO Innovation Fund NIF
• Areas of focus will include AI and autonomy biotechnology quantum computing space technology and hypersonic systems energy new manufacturing and materials and next generation communications Modeled somewhat on In Q Tel in the U S the idea will be to keep the investments strategic with some investments leading to services that its member states or NATO might use