European Defense and Physical-AI Financing Accelerates

Tekever reportedly reached a $6.4B valuation in a financing supported by Ukraine battlefield demand, autonomous-drone deployments and a major UK defense contract, strengthening Europe’s sovereign-defense and rearmament narrative. Cognex’s approximately $600M RealSense acquisition, Asylon’s Bosch strategic investment and Morphotonics’ reported $45.9M Series B add industrial and robotics signals, while procurement concentration, integration and acquisition execution remain open questions.