The new NATO Innovation Fund started as a way to combat flagging US interest. Now, its staff are scouring Europe to find the companies that could give the alliance the edge in the face of war.
It’s the day after Donald Trump declared his election victory, and a tech scout for NATO is peering down at a miniature factory, the size of a shoebox, designed to manufacture semiconductors in space. Chris O’Connor, with his black bomber jacket and military haircut, has spent the past year scouring Europe for companies that will give NATO a technological edge over Russia and China —a job that has become even more urgent in the past 36 hours as the region rushes to prepare for Trump 2.0.
“They obviously weighed up the pros and cons and just felt that this doesn’t make sense for the US, given their strong heritage in venture capital,” says Rob Murray, the former British army officer who was an early proponent of the NIF in Trump’s first term. In 2019, Murray watched European states scramble in response to the former President’s NATO critiques—“too expensive” and “obsolete”—and wrestle internally to raise their defense budgets.
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