Keysight Technologies (KEYS) is among the backers of the defense-tech venture capital firm Expeditions Fund II, which has raised 197 million euros ($225.2 million) to help develop sovereign military technologies in Europe, the company said Tuesday.
BAE Systems, the European Investment Fund, Poland's Bank Gospodarstwa Krajowego, and the NATO Innovation Fund are among other investors Expeditions, the company said.
The Expeditions fund "is focused on the founders building technologies with immediate operational relevance for Europe's critical capability gaps," the company said.
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