1、1.|UK Defence Tech 2024UK Defence Tech 2024Advancing National Security through Innovation2.|UK Defence Tech 202401.Foreword by Will McManners,MD One 02.Investing in defence tech 03.Dual-use sectors and industries04.Private investment 05.Public grants06.Sector companies 08.Defining defence technology
2、 09.About the contributorsContents01.|UK Defence Tech 2024In an era marked by escalating global tensions and material geopolitical uncertainty,the spotlight on defence technology has intensified.MD One Ventures is pleased to have once again partnered with Beauhurst to provide insights into this comp
3、lex and evolving sector in the United Kingdom.At MD One,our interpretation of early-stage defence technology is more encompassing than a straightforward defence vertical sector.Whilst part of our interest remains on defence tech in the traditional aerospace and defence sector,we have maintained from
4、 inception a core focus on dual-use defence and national security technology.These companies offerings can serve both civilian and military use cases in their relevant subsectors,and often will find opportunities to pivot and grow into adjacent markets as their products evolve.Investing in companies
5、 operating across adjacent markets,such as cybersecurity and cleantech,or in companies from a single sector who can sell to multiple markets,such as Defence,Agriculture and Real Estate,allows us to tap into the potential that these horizontal sectors offer to bring new and proven ideas to the Nation
6、al Security user,and bring a fresh market perspective to the Defence Tech founder.Equity investment into the isolated cohort of pure defence technology companies leaves much to be desired,with 2023 investment failing to live up to the extraordinary levels we witnessed in 2022.However,investment in t