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Business

Index – Economy – 1.5 trillion markets for 2035, time to invest

by Priya Shah – Business Editor October 14, 2025
written by Priya Shah – Business Editor

Europe Eyes €1.5 Trillion Space Market⁢ by 2035,Calls ⁢for ‌Increased Investment

Brussels,Belgium – October 14,2025 – A burgeoning space ⁤economy poised to reach €1.5 trillion by 2035 demands ‍immediate ⁢and sustained investment to secure Europe’s competitive edge, according⁣ to industry leaders and ‍the European Union Space Program Agency (EUSPA). The call to action, amplified⁤ today by EUSPA managing Director Rodrigo da Costa, underscores the⁢ critical⁢ need for a more ⁢resilient and ‍autonomous‍ European presence ‍in the rapidly‌ expanding space sector.

This projected growth represents a significant prospect for‌ European businesses and job‌ creation, but realizing ‌it hinges​ on​ overcoming current challenges in funding, technological development, and strategic autonomy. The expansion isn’t limited to conventional space activities; it encompasses a vast ecosystem including satellite-based services, data analytics,⁤ and downstream applications‍ impacting ‍sectors from agriculture and transportation to security ⁢and environmental monitoring. Failure⁤ to invest decisively risks ceding market ⁤share to competitors in the United​ States and asia, potentially⁤ undermining Europe’s technological sovereignty.

Da Costa, in a video message delivered today, emphasized the ‍importance of fostering ⁣a “safer, more competitive and resistant European space age.” The EUSPA is actively⁤ working ‍to unlock‍ the ‌full potential of ⁤the European space program, including Galileo ​and Copernicus, by supporting innovative businesses and facilitating ⁤access to funding.

The €1.5 trillion market forecast ​builds upon⁤ existing​ growth within the sector. according to recent analyses,the space economy​ already contributes significantly to European GDP⁢ and employs hundreds of thousands ⁤of skilled workers. Though,maintaining this momentum requires addressing key bottlenecks,including attracting private investment,streamlining regulations,and fostering ‍collaboration​ between public and private entities. The European ⁤Commission ‍is ​currently reviewing its space strategy to‌ identify ‍further opportunities ‍for investment and policy reform.

October 14, 2025 0 comments
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News

Türkiye’s Kaan Fighter Jet: Landmark Export Deal with Indonesia

by Emma Walker – News Editor July 26, 2025
written by Emma Walker – News Editor

Turkey’s KAAN Fighter Jet Secures Landmark Export Deal with Indonesia

Ankara,Turkey – In a monumental achievement for its defense industry,Turkey has signed its first export agreement for the domestically developed National Combat Aircraft,codenamed KAAN. The historic deal, valued at the sale of 48 KAAN fighter jets to Indonesia, marks the largest defense export in the Republic of Turkey’s history.

Deliveries are slated to commence within the next 120 months, signifying a decade-long commitment to equipping Indonesia’s air force with advanced fifth-generation fighter capabilities. This important export is expected to inject significant momentum into Turkey’s defense industry ecosystem and provide considerable economic benefits to the nation.

Haluk Görgün, President of the Defense Industry, expressed his satisfaction with the agreement, calling it “one of the most significant steps of a long-term cooperation.” he highlighted the dedication to surpassing existing global standards, stating, “We are trying to do better than the existing in the world. A 5th generation plane was signed with our Indonesian brothers.”

Görgün further emphasized the importance of collaborative efforts with friendly and allied nations for global peace. “The widespread use of products that will motivate us is what we pay attention to,” he remarked. “We have reached 83 percent in indigenization. These require grate effort. We are happy to achieve the goals given to us.”

The collaboration with Indonesia extends beyond the KAAN fighter jet, with Görgün noting, “We are working in many areas with Indonesia. Ammunition and infrastructure projects contain past records.”

The groundbreaking proclamation was made by Turkish president Recep Tayyip Erdoğan via his social media account. The agreement was finalized at the Indo Defense 2025 exhibition held in indonesia, solidifying the nation’s prowess in designing, developing, and producing advanced combat aircraft through its own resources.

July 26, 2025 0 comments
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World

Breaking news. China secretly revives the Soviet Project ‘Disponent’!

by Lucas Fernandez – World Editor July 9, 2025
written by Lucas Fernandez – World Editor
Illustration of Soviet screenses. Wikimedia

In Russian “EkranoplanThis type of aircraft, also known as “, was specially designed to fly only at a height of the sea surface, to fly at about 1 to 5 meters. If this is true, the revitalization of this largely abandoned technology outside Russia may give important clues to the long -term abilities of the Chinese army. Especially ChineseConsidering that coastal and island operations are of great importance in any conflict that can be experienced…

In fact, for this reason, China makes an active effort to hire Russian experts.

Neither airplane nor boat

The screenings that are noticed by Naval News and confirmed by photos shared on social media may seem strange at first glance. While a normal aircraft can fly thousands of meters a height, why does one need a design that only goes a few meters above the sea surface? The relative unknownness of these planes, For this reason, it caused most countries to give up this design. Other than the Soviet Union, no army did not use screenses.

But now they’re going back to the stage. Some civil initiatives bring this design to the agenda for cargo transportation, and now Pentagon Even evaluating the idea of ​​putting them into military service. WIG The design has a few advantages that seem very attractive in the current strategic environment.

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Lifting force with air flow

A wing on it quickly air The flow creates the lifting force by directing the flow. This is a good feature, but the screenings go one step further, intentionally pushing the air below the wing, This air hit the sea surface and jumps up and headed again, which is called the “Ground Effect”. In this way, extra lifting force is achieved at much lower speeds, which makes it much more efficient than normal aircraft in terms of fuel. However, in order to benefit from this advantage vehicle It must remain very close to the sea surface.

On land, this is useless because of trees and rugged lands. However, this is possible in sea, especially in calm waters. For this reason, all of the Soviet designs were made to work on the sea. This emerged faster than boats that had to move forward in the water, consuming less fuel than aircraft and flying at a lowly low -flying vehicle to be detected by radars. Most importantly, he could take off directly over the sea and land in the sea. This may be of great importance in the near future.

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China’s ‘vital importance’ islands

“Would you like to control a $ 5 trillion -dollar trade a year? China wants China.” According to Business Insider, the South China Sea is about so much trade every year. And China gradually begins to adopt this region like its own land. Sometimes it does this by building new islands from scratch and establishing military bases on them. Sometimes he claims that he owns a small piece of land and then owned the surrounding sea.

In the statements of Jalopnik, “Of course, it is useful to remind a clear truth:

Taiwan is an island. If a military conflict containing China arises, the South Chinese Sea and the islands will play a central role. This means that the sides of the conflict will want to deliver soldiers and materials to those islands, which usually does not have a runway or airport. This creates a major restriction for traditional shipping aircraft. But not for screencles. Because the WIG planes land, not land, but the sea. So they don’t need runways. As long as the waves are calm enough, they can reach almost any shore. According to China Talk, the old Soviet models could carry hundreds of soldiers or several tanks. Some were missiles loaded with missiles, both aircraft and boat and war platform…

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July 9, 2025 0 comments
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World

Shot and disassembled the Ukrainians a Russian drone found in it could reset air defense

by Lucas Fernandez – World Editor July 9, 2025
written by Lucas Fernandez – World Editor

In June 2025, the Ukrainian air defense was captured by the Sumi region a Russian drone, which at first glance seemed to be an average Shahed-136 drone. In closer, however, the platform turned out to be much more advanced than: the Russian MS001 is an autonomous, unmanned aircraft that carries the mission with artificial intelligence, using a stronger navigation system and selected targets in time.

Ukrainian Major Vladislav Klocskov on Linkedin wrote that the appearance of the drone is a milestone in modern warfare, as the device no longer carries coordinates, but thinks and selects its target.

The Interesting Engineering He writes that MS001 works without commands. It is capable of this because its system is operated by the palm-shaped artificial intelligence module of 67 trillion per second by the NVIDIA Jetson Orin supercomputer. This enables you to be able to take heat camera recordings in real time, recognize objects, analyze telemetry and process the on -board logical data.

This calculation advantage allows MS001 to detect, rank and select targets independently, even in the case of GPS disturbance or electronic warfare.

The MS001 is designed to fly in coordinated drones, dynamically modifying flight routes, sharing data with other units, and compensating for the loss of other drones.

According to Klocskov, no such drones are prepared for any air defense.

However, it is also interesting how the NVIDIA’s tool could get into the drone. In 2022, the United States imposed a sanction to Russia, which banned exports of advanced chips. At the same time, in 2023, more than $ 17 million in NVIDIA parts reached the Russians through the gray market.

Smugglers disguise chips as everyday use, dismantle the assets into elements and bring them through countries to Russians that do not sanction the Russian economy. Such is China and Turkey.

If you want to know about similar things at any other time, like it The Facebook page of the HVG Tech section.

July 9, 2025 0 comments
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World

Crew abandons ship attacked in Red Sea

by Lucas Fernandez – World Editor July 6, 2025
written by Lucas Fernandez – World Editor

DUBAI, United Arab Emirates (AP) — Crew members aboard a Liberian-flagged ship set ablaze by a series of attacks in the Red Sea abandoned the vessel Sunday night as it took on water, marking the first serious assault in the vital corridor for trade after a monthslong campaign by Yemen’s Houthi rebels there.

Suspicion for the attack on the Greek-owned bulk carrier Magic Seas immediately fell on the Houthis, particularly as a security firm said it appeared bomb-carrying drone boats hit the ship after it was targeted by small arms and rocket-propelled grenades. The rebels’ media reported on the attack but did not claim it. It can take them hours or even days before they acknowledge an assault.

A renewed Houthi campaign against shipping could again draw in U.S. and Western forces to the area, particularly after President Donald Trump targeted the rebels in a major airstrike campaign.

Attack comes at a delicate time

Table of Contents

  • Attack comes at a delicate time
  • Possibly a major escalation
  • Houthi attacks came over Israel-Hamas war

And it comes at a sensitive moment in the Middle East, as a possible ceasefire in the Israel-Hamas war hangs in the balance and as Iran weighs whether to restart negotiations over its nuclear program following American airstrikes targeting its most-sensitive atomic sites amid an Israeli war against the Islamic Republic.

“It likely serves as a message that the Houthis continue to possess the capability and willingness to strike at strategic maritime targets regardless of diplomatic developments,” wrote Mohammad al-Basha, a Yemen analyst at the Basha Report risk advisory firm.

The British military’s United Kingdom Maritime Trade Operations center first said that an armed security team on the unidentified vessel had returned fire against an initial attack and that the “situation is ongoing.” It described the attack as happening some 100 kilometers (60 miles) southwest of Hodeida, Yemen, which is held by the country’s Houthi rebels.

“Authorities are investigating,” it said. It later said the ship was on fire after being “struck by unknown projectiles.”

Possibly a major escalation

Ambrey, a private maritime security firm, issued an alert saying that a merchant ship had been “attacked by eight skiffs while transiting northbound in the Red Sea.”

Ambrey later said the ship also had been attacked by bomb-carrying drone boats, which could mark a major escalation. It said two drone boats struck the ship, while another two had been destroyed by the armed guards on board.

The United Kingdom Maritime Trade Operations center said the ship was taking on water and its crew had abandoned the vessel.

The U.S. Navy’s Mideast-based 5th Fleet referred questions to the military’s Central Command, which said it was aware of the incident without elaborating.

Moammar al-Eryani, the information minister for Yemen’s exiled government opposing the Houthis, identified the vessel attacked as the Magic Seas and blamed the rebels for the attack. The ship had been broadcasting it had an armed security team on board in the vicinity the attack took place and had been heading north.

“The attack also proves once again that the Houthis are merely a front for an Iranian scheme using Yemen as a platform to undermine regional and global stability, at a time when Tehran continues to arm the militia and provide it with military technology, including missiles, aircraft, drones, and sea mines,” al-Eryani wrote on the social platform X.

The Magic Seas’ owners did not respond to a request for comment.

Houthi attacks came over Israel-Hamas war

The Houthi rebels have been launching missile and drone attacks against commercial and military ships in the region in what the group’s leadership has described as an effort to end Israel’s offensive against Hamas in the Gaza Strip.

The group’s al-Masirah satellite news channel acknowledged the attack occurred, but offered no other comment on it as it aired a speech by its secretive leader, Abdul Malik al-Houthi. However, Ambrey said the vessel targeted met “the established Houthi target profile,” without elaborating.

Between November 2023 and January 2025, the Houthis targeted more than 100 merchant vessels with missiles and drones, sinking two of them and killing four sailors. That has greatly reduced the flow of trade through the Red Sea corridor, which typically sees $1 trillion of goods move through it annually.

The Houthis paused attacks in a self-imposed ceasefire until the U.S. launched a broad assault against the rebels in mid-March. That ended weeks later and the Houthis haven’t attacked a vessel, though they have continued occasional missile attacks targeting Israel. On Sunday, the group claimed launching a missile at Israel which the Israeli military said it intercepted. Shipping through the Red Sea, while still lower than normal, has increased in recent weeks.

Meanwhile, a wider, decadelong war in Yemen between the Houthis and the country’s exiled government, backed by a Saudi-led coalition, remains in a stalemate. The Yemeni Coast Guard, which is loyal to the exiled government, has engaged in a firefight with at least one vessel in the Red Sea in the past as well.

Pirates from Somalia also have operated in the region, though typically they’ve sought to capture vessels either to rob or ransom their crews. But neither the Yemeni Coast Guard nor the pirates have been known to use drone boats in their attacks.

July 6, 2025 0 comments
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