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Torsten Reil

๐Ÿ‘ค Speaker
639 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And you can also test hardware in software. And so we spend a lot of time building infrastructure for the entire company around simulation platforms, for example, AI infrastructure platforms, et cetera. And some of that technology is also applicable to hardware. So we've developed our drones extremely fast and we've tested them extremely fast.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And the reason we're getting to that kind of iteration speed, and it is all about iteration, just iterate, iterate, iterate, is because we can move a lot of the testing into software. And only when we get to a certain point, we move it into hardware, we test it in hardware, and then we go back into software again.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And the reason we're getting to that kind of iteration speed, and it is all about iteration, just iterate, iterate, iterate, is because we can move a lot of the testing into software. And only when we get to a certain point, we move it into hardware, we test it in hardware, and then we go back into software again.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

And the reason we're getting to that kind of iteration speed, and it is all about iteration, just iterate, iterate, iterate, is because we can move a lot of the testing into software. And only when we get to a certain point, we move it into hardware, we test it in hardware, and then we go back into software again.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

So these two things, if you do it well, which we're trying to do, are extremely interlinked. And the best hardware companies, I think, are software companies and vice versa.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

So these two things, if you do it well, which we're trying to do, are extremely interlinked. And the best hardware companies, I think, are software companies and vice versa.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

So these two things, if you do it well, which we're trying to do, are extremely interlinked. And the best hardware companies, I think, are software companies and vice versa.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

Software can, with the right simulation environment, go really far. But there will be some things that maybe you didn't expect that aren't covered in your simulation. That happens in particular when you're deployed. As our drones are in Ukraine, then the realities of conflict will throw things at you that you just didn't anticipate. And so that's something that you have to test.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

Software can, with the right simulation environment, go really far. But there will be some things that maybe you didn't expect that aren't covered in your simulation. That happens in particular when you're deployed. As our drones are in Ukraine, then the realities of conflict will throw things at you that you just didn't anticipate. And so that's something that you have to test.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

Software can, with the right simulation environment, go really far. But there will be some things that maybe you didn't expect that aren't covered in your simulation. That happens in particular when you're deployed. As our drones are in Ukraine, then the realities of conflict will throw things at you that you just didn't anticipate. And so that's something that you have to test.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

It is an inhibitor, like many other things as well. But for the complaints that we have about procurement and everything else, a lot of these rules are also there for a reason. Are they always applied in the right way and in as timely a way as ideally would be possible? Probably not. But the rules quite often make sense. What's the craziest rule?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

It is an inhibitor, like many other things as well. But for the complaints that we have about procurement and everything else, a lot of these rules are also there for a reason. Are they always applied in the right way and in as timely a way as ideally would be possible? Probably not. But the rules quite often make sense. What's the craziest rule?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

It is an inhibitor, like many other things as well. But for the complaints that we have about procurement and everything else, a lot of these rules are also there for a reason. Are they always applied in the right way and in as timely a way as ideally would be possible? Probably not. But the rules quite often make sense. What's the craziest rule?

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

I think there are lots of rules and it's frustrating. But if you enter defense as a company, that is what you've signed up for. And so you'll rarely hear us complain about how slow procurement is, etc. Because people want to do the right thing. The procurement officials also want to do the right thing. And by the way, I think politicians do too.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

I think there are lots of rules and it's frustrating. But if you enter defense as a company, that is what you've signed up for. And so you'll rarely hear us complain about how slow procurement is, etc. Because people want to do the right thing. The procurement officials also want to do the right thing. And by the way, I think politicians do too.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

I think there are lots of rules and it's frustrating. But if you enter defense as a company, that is what you've signed up for. And so you'll rarely hear us complain about how slow procurement is, etc. Because people want to do the right thing. The procurement officials also want to do the right thing. And by the way, I think politicians do too.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

It's just that eventually you end up with a system that's grown over a long time where the incentives aren't quite aligned with the realities of society. Well, this is my point.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

It's just that eventually you end up with a system that's grown over a long time where the incentives aren't quite aligned with the realities of society. Well, this is my point.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

It's just that eventually you end up with a system that's grown over a long time where the incentives aren't quite aligned with the realities of society. Well, this is my point.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: The Future of War: Are We Ready & What Needs to Be Done | China, Russia and Trump: What Happens Now | Raising $828M to Build the Defence Champion of Europe | Torsten Reil, Co-Founder @ Helsing

I think the system probably incentivizes the latter, but that doesn't mean that there aren't individuals actually across different forces in procurement agencies, but also in politics who really want to innovate. It does exist.