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Collective Defence Acquires Asterion in $1 Billion Deal Combining Cybersecurity and Counter-Drone Technology

Collective Defence Acquires Asterion in $1 Billion Deal Combining Cybersecurity and Counter-Drone Technology

Collective Defence has successfully acquired counter-drone company Asterion in a deal valued at over $1 billion, marking a significant milestone as Luxembourg's first defense unicorn. This acquisition, announced recently, combines Asterion’s expertise in counter-unmanned aerial systems (UAS) with Collective Defence’s cybersecurity capabilities, positioning the newly formed entity as one of Europe’s largest privately held defense technology firms. The strategic move aims to enhance the region's defense capabilities amid growing concerns over drone-related threats and cybersecurity vulnerabilities.

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