Former Speedboat Racer’s Startup Is Europe’s Newest Defense Unicorn

Former Speedboat Racer’s Startup Is Europe’s Newest Defense Unicorn

Source: www.bloomberg.com · Section: politics · Bias: Center · Published: Thu, 09 Jul 2026 06:30:00 GMT

Mal Crease spent years breaking records as a speedboat racer before forming a company to build boats without crews. Now his firm, Kraken Technology Group, is the latest European defense startup worth north of $1 billion.

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