What Happened
Private Security Contractor Expands Into Air Defense Technology
Erik Prince, founder of Blackwater, has launched a new startup called Vectus Air Defense Systems, which aims to provide customized air-defense solutions to companies, militaries, and governments. The startup is a joint venture with Ukrainian drone software company Swarmer, which owns a 20% stake in the new company. Vectus plans to offer its services to protect critical infrastructure such as data centers, energy installations, and military bases from drone attacks, with a focus on the Middle East. The launch was reported by the Wall Street Journal.