A former top-ranked civil servant in Estonia’s Ministry of Defense is now working on a missile startup. Kusti Salm is the CEO of Frankenburg Technologies, a company that aims to an air-defense platform for a fraction of the cost of existing systems. He speaks with Bloomberg’s Tom Mackenzie about the European defense landscape, procurement, as well as the risks Russia’s invasion of Ukraine poses to the entire continent.
00:00 – Kusti Salm on funding for technology, defense in Europe
01:08 – Frankenburg Technologies CEO on delivering missiles at scale for Estonia, Europe
02:28 – Salm on Europe’s procurement
03:13 – Frankenburg Technologies CEO on Ukraine, Russia, "grim" time for European security
04:45 – Kusti Salm on European defense situation, time for "wake up call"
05:22 – Salm on EU defense spending, strategic aim
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