Trump's War on Drugs Fuels Boom for Defense Tech Firms
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The Trump administration's renewed focus on the global war on drugs has created a lucrative market for defense startups. These companies are now capitalizing on the shift in U.S. defense priorities, with many positioning themselves to offer cutting-edge technologies to counter emerging threats. One such startup is Rakia Group, a Dubai-based company that has set up a U.S. subsidiary to pitch its AI-powered tools to government agencies. The tools are designed to tackle issues such as drug trafficking, terrorism, and illegal immigration. Foreign startups like Rakia Group are closely monitoring the changing landscape of U.S. defense priorities and are strategically positioning themselves to capitalize on the opportunities that arise from these shifts. As the Trump administration continues to emphasize the importance of countering these threats, the demand for innovative defense technologies is likely to increase, fueling growth for startups in this sector.