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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

Yeah, I mean, it's usually not done in a way that there's some kind of sequestered field and, you know, you work it out and then whoever wins the conflict. Obviously, it tends to be related to, obviously, physical proximity to areas that matter, you know, whether it's ports, certain routes, obviously, or other important landmarks. That's where battlefields tend to be located.

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

Yeah, I mean, it's usually not done in a way that there's some kind of sequestered field and, you know, you work it out and then whoever wins the conflict. Obviously, it tends to be related to, obviously, physical proximity to areas that matter, you know, whether it's ports, certain routes, obviously, or other important landmarks. That's where battlefields tend to be located.

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

Yeah, I mean, it's usually not done in a way that there's some kind of sequestered field and, you know, you work it out and then whoever wins the conflict. Obviously, it tends to be related to, obviously, physical proximity to areas that matter, you know, whether it's ports, certain routes, obviously, or other important landmarks. That's where battlefields tend to be located.

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

Yeah, I think it should be disconcerting to all of us. I think we should think about it and think about the implications. And we should think, and I don't think this is happening enough, I think we should think about how we want this technology to work so that we can still stay safe, but we don't have to compromise on our ethical standards.

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

Yeah, I think it should be disconcerting to all of us. I think we should think about it and think about the implications. And we should think, and I don't think this is happening enough, I think we should think about how we want this technology to work so that we can still stay safe, but we don't have to compromise on our ethical standards.

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

Yeah, I think it should be disconcerting to all of us. I think we should think about it and think about the implications. And we should think, and I don't think this is happening enough, I think we should think about how we want this technology to work so that we can still stay safe, but we don't have to compromise on our ethical standards.

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

Are we seeing a change in public perception around defence spending? I think so. So if I look at polls now, I think for most countries, population agrees that more needs to be spent on defense. I think when it then comes to looking at what is going to be cut, I think people probably will differ. And being very concrete will make, I think, that kind of view a little bit harder.

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

Are we seeing a change in public perception around defence spending? I think so. So if I look at polls now, I think for most countries, population agrees that more needs to be spent on defense. I think when it then comes to looking at what is going to be cut, I think people probably will differ. And being very concrete will make, I think, that kind of view a little bit harder.

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

Are we seeing a change in public perception around defence spending? I think so. So if I look at polls now, I think for most countries, population agrees that more needs to be spent on defense. I think when it then comes to looking at what is going to be cut, I think people probably will differ. And being very concrete will make, I think, that kind of view a little bit harder.

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 overall, populations get it. Whether politicians currently have the courage to actually implement it is a different matter. I think in some countries, probably that's going to happen. We talked about Poland earlier. In others, it's taking longer.

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 overall, populations get it. Whether politicians currently have the courage to actually implement it is a different matter. I think in some countries, probably that's going to happen. We talked about Poland earlier. In others, it's taking longer.

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 overall, populations get it. Whether politicians currently have the courage to actually implement it is a different matter. I think in some countries, probably that's going to happen. We talked about Poland earlier. In others, it's taking longer.

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

Again, 20% to new defence. It sounds self-serving, but it's absolutely required. If we just keep buying the same kind of equipment that we've bought before, if we don't network it, if we don't give it AI, if we don't produce precision mass, we won't be able to deter and we won't be able to defend ourselves in a conflict.

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

Again, 20% to new defence. It sounds self-serving, but it's absolutely required. If we just keep buying the same kind of equipment that we've bought before, if we don't network it, if we don't give it AI, if we don't produce precision mass, we won't be able to deter and we won't be able to defend ourselves in a conflict.

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

Again, 20% to new defence. It sounds self-serving, but it's absolutely required. If we just keep buying the same kind of equipment that we've bought before, if we don't network it, if we don't give it AI, if we don't produce precision mass, we won't be able to deter and we won't be able to defend ourselves in a conflict.

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

They probably do take too long. I think they're incentivized in different ways. The US is different to other countries. Every country is different and the various primes are different as well. In general, they're not incentivized to spend a lot of their own money on R&D. It's probably less than 5% or so. For a company like Helsing, it's almost all of it. I mean, we pre-finance almost everything.

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

They probably do take too long. I think they're incentivized in different ways. The US is different to other countries. Every country is different and the various primes are different as well. In general, they're not incentivized to spend a lot of their own money on R&D. It's probably less than 5% or so. For a company like Helsing, it's almost all of it. I mean, we pre-finance almost everything.

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

They probably do take too long. I think they're incentivized in different ways. The US is different to other countries. Every country is different and the various primes are different as well. In general, they're not incentivized to spend a lot of their own money on R&D. It's probably less than 5% or so. For a company like Helsing, it's almost all of it. I mean, we pre-finance almost everything.

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

That's why we raised quite a bit of money because we need to be able to spend on developments before we actually, because first of all, we have to prove that it works and we can't wait for governments to eventually get it and then fund it. And then in eight years, we have a system. We need a system in eight months, basically, or let's make it a year or two years.

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

That's why we raised quite a bit of money because we need to be able to spend on developments before we actually, because first of all, we have to prove that it works and we can't wait for governments to eventually get it and then fund it. And then in eight years, we have a system. We need a system in eight months, basically, or let's make it a year or two years.