Billion-dollar drone sale for World Cup

Bridgpoint is considering the sale of its Danish subsidiary, My Defense, a company specialized in detecting and disabling drones, for up to a billion dollars. The move aims to capitalize on the rising global demand for drone defense technologies. The company is a key supplier in securing World Cup venues and partnered with the U.S. Department of Homeland Security during the tournament as part of efforts to monitor drones. This interest reflects the industry's involvement in developing advanced systems to address the evolving threats posed by emerging international conflicts.

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