Australia, the United Kingdom and the United States have launched a new initiative that promotes the development of new advanced military technologies. The AUKUS Defense Investor Network is comprised of private capital investors from about 300 institutional venture capital firms, corporate venture capital groups and family offices from the three nations. Together, the network represents over...
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Tag: military technology
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Elbit Systems to Serve as the Swedish Army’s LSS Mark Integration Partner
Elbit Systems Sweden AB will manage the rollout of the LSS Mark tactical command support system as part of the Swedish Army’s digitalization. The company will serve as the LSS Mark integration partner for the Swedish Army over a 10-year period under an approximately $170 million contract. Under the deal, the Elbit Systems subsidiary will be in charge...
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Australia Signs US-Led Political Declaration on the Responsible Military Use of AI
The Australian government has signed the Declaration on Responsible Military Use of Artificial Intelligence and Autonomy, committing to promoting the safe and secure development and deployment of artificial intelligence in warfare. The political declaration, led by the United States, recognizes that AI will be utilized for various applications, from managing logistics to assisting in decision-making and calls...