4.4 • 796 Ratings
🗓️ 31 March 2025
⏱️ 17 minutes
🧾️ Download transcript
We’re in Helsinki to find out why this small, cold, Nordic capital is spawning growing numbers of technologies designed to help countries protect and defend themselves against war.
We meet some of the Finnish defence tech and dual-use start ups attracting global interest, hear why these sorts of businesses have become more attractive for European investors, and dig into the challenges facing the sector.
Presented and produced by Maddy Savage
(Image: A Kelluu airship flying over snowy fields. Image credit: Kelluu)
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0:00.0 | Hi there, I'm Maddie Savage, and for today's Business Daily, I'm digging into an industry that's thriving around Europe. |
0:09.5 | Defence tech. It's a sector that includes a wide range of technologies designed to help countries protect and defend themselves, |
0:17.0 | from surveillance tools to military and maritime software and flight simulators. |
0:23.2 | I've been to visit one of the cities where the industry is growing rapidly, Helsinki, in |
0:28.4 | Finland. |
0:29.3 | The war in Ukraine just kind of put everything on steroids. |
0:31.8 | Things started happening a lot fast. |
0:33.8 | And I guess we're all aware, at least here in this part of Europe that the world is a lot more |
0:38.2 | insecure than it used to be. |
0:39.9 | In this programme, I'll be meeting some of the Finnish defence tech startups generating |
0:44.2 | global interest, finding out how the industry's image has changed over the last few years |
0:49.3 | and digging into the challenges for the sector in Finland and around Europe. |
0:54.2 | We built these bureaucratic processes into the governments, into the acquisition organisations |
0:59.4 | that are preventing Europe for moving fast enough. |
1:02.9 | That's all coming up on Business Daily from the BBC World Service. |
1:09.7 | But first, I'm starting the program around 4,500 metres in the air, above a mountain range just above George on the south coast of South Africa. |
1:24.9 | Clear skies and I'm flying a fighter jet. Well, not really. This is a simulator, a mixed |
1:34.8 | reality simulator developed by one of the defence tech companies that's really making a mark |
1:41.7 | in Finland. |
1:49.4 | Yeah, that was me a few weeks ago, wearing a headset and sitting in a cockpit where I had pedals and control panels like the ones in real F-16 fighter jets. |
1:54.5 | I was trying to explain how the simulator works while I was attempting to control it, and it didn't |
2:00.4 | go too well. |
... |
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