00:00Having ring-fenced 800 billion euros for its Rearm Europe plan, the EU will have to spend
00:06wisely on defence and timing is everything, a lesson that Ukraine has learned in three
00:11years of war.
00:13I think Europe has to invest a lot in general in defence, just because we see how the world
00:21is uncertain right now.
00:23If you have a stock of really good but really expensive equipment, it will be depleted really
00:29soon.
00:31So drones are our way to answer big opponents.
00:37Cheap drones have been crucial, both in terms of surveillance and launching attacks ahead
00:42of using more expensive tech.
00:44The Ukrainians have driven the Russian Black Sea fleet away from the coast without the
00:49Ukrainians having a navy at all.
00:52They've used basically drones and new technologies to do it.
00:57So if you're Europe and you need to replace capabilities or develop new effects, I think
01:05the main takeaway is look at dual-use technologies.
01:09Being able to test the tech on the battlefield is also vital.
01:13And that takes time.
01:15Time is really precious right now in politics, in economy and in defence too.
01:21If you can buy some time with money, you better do it.
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