20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

2586.607 - 2606.475 Torsten Reil

They probably do take too long. I think they're incentivized in different ways. The US is different to other countries. Every country is different and the various primes are different as well. In general, they're not incentivized to spend a lot of their own money on R&D. It's probably less than 5% or so. For a company like Helsing, it's almost all of it. I mean, we pre-finance almost everything.