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“Millions Of Drones” Needed For European Defense, Says EU

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"Millions Of Drones" Needed For European Defense, Says EU

EU defence commissioner Andrius Kubilius says Europeans will require millions of drones to create an “army” and they need to start preparing now.

The European Union’s defence commissioner has warned Europe must be capable of building a drone army in case Russia attacks.

Military intelligence has suggested Russian forces could be ready to strike a NATO country within the next five years.

In order to defend themselves, Andrius Kubilius says Europeans will require millions of drones and need to start preparing now.

“Russia can have around five million drones, so we need to have capacities bigger than those in order to prevail,” he told Sky News, warning that if President Putin ordered an attack, the target would face a “battle-tested” Russian army with the ability to use “millions of drones”.

The 2022 invasion of Ukraine sparked a revolution in drone warfare.

Facing one of the world’s strongest militaries, the Ukrainians used the cheap, adaptable technology to their advantage.

It estimates its drone units are now responsible for 80% of Russian frontline losses.

Mr Kubilius has visited Ukraine to learn the lessons from the battlefield.

Along the 1,200km (745 mile) front line is an area nicknamed “Death Valley”.

“Nothing can move. Everything is controlled by drones. A traditional tank in that zone survives six minutes,” he explained.

This year, Ukraine’s expected to produce more than four million drones.

Contemplating how many units other countries would need, the commissioner used the example of his home country of Lithuania.

The former Soviet republic shares a border of around 900km (559 miles) with Russia and Belarus.

“If Ukrainians need four million for 1,200km, we need something like three million drones for one year if the war is starting, if ‘Day X’ is coming,” he said.

To try to stay ahead in the fight, both Russia and Ukraine are constantly updating their drone technology.

For this reason, the commissioner believes that rather than stockpiling drones now, which will go out of date, Europe should instead build up teams of pilots, engineers, and producers ready to scale up production should the time come.

“On the European continent, at the moment, there are only two armies battle-tested with the ability to use millions of drones: one is Russian, which is planning new aggressions; another one is Ukrainian,” said Mr Kubilius.

“We need to learn a lot from Ukraine… how to organise defences against millions of drones, and also how to make your defence industry innovative,” he added.

It’s a point many in the business agree with.

German start-up STARK has been testing loitering munitions or “attack drones” ready to supply to Kyiv.

“It’s all made for easy handling for soldiers, so you don’t have to use any tools on the front line, and you just plug in the rudders,” said STARK’s senior vice president, Josef Kranawetvogl, as he quickly clicked the unit’s tail together.

He spent 18 years in the German military before making the jump to weapons production.

He says staying ahead of the enemy requires tactics and technology to be frequently updated.

“Every day you have to adapt. You have such fast development cycles in Ukraine – two or three weeks, then there’s something new upcoming and you have to be prepared for this.”

Since the start of June, Russia has repeatedly used drone swarms to attack Ukraine.

It involves hundreds of drones hammering cities in one night.

I asked Josef whether he believes NATO’s European members are ready to defend against such an attack.

“I see quite a lot of European armies starting right now to develop or to purchase unmanned systems, and it’s a good development, but it’s all about time. How can we speed up?” he replied.

Close to the border with France, another German start-up, Alpine Eagle, is testing defence drone units for Ukraine.

“This is our interceptor drone,” explained the company’s CEO, Jan-Hendrik Boelens, holding up a prototype which looks a bit like a small black plane. The interceptor is carried underneath a large grey drone.

On-board radar means it can be fired at enemy drones up to 5km (3 miles) away.

Jan thinks that could be a game changer in an aerial battle as it means hostile units could be picked off before they get close.

And he believes NATO is unprepared if one of its countries was to be hit by a wave of drones like those in Ukraine.

“We are absolutely not ready in my view,” he said.

He explained that Ukraine produced around 1.3 million drones a year last year.

“I would be surprised if NATO even bought a thousand drones last year. I think Germany procured, I don’t know, 100, maybe 200. So now you do the math on what that means and how quickly you run out of drones.

“If Ukraine consumed 1.3 million drones per year, that’s 3,000 a day. So, if you have 100 in your inventory, that would not last an hour.”

A spokesperson from the German Defence Ministry said the numbers stated “do not closely reflect reality”.

“Drones are now part of everyday life for soldiers, they are omnipresent and are used extensively in service operations and training,” they added.

Drones are a key part of NATO’s defence plan.

The alliance’s leadership has repeatedly said producing, procuring, and protecting against drones is a priority.

At the NATO summit, members agreed to boost defence spending to 5% of gross domestic product (GDP) by 2035.

In addition to increasing training and development, NATO Chief Mark Rutte has said he wants more investment in drone technology as well as boosting air defences fivefold.

“We see Russia’s deadly terror from the skies over Ukraine every day, and we must be able to defend ourselves from such attacks,” he told an audience at the summit.

Lessons from Ukraine have prompted members to embrace unmanned technology in various ways.

Britain is one of the countries pledging to put drones front and centre of its new defence plan.

Earlier this month, the UK government’s Strategic Defence Review outlined a new way forward for British Army warfighting based around a drone-centric 20-40-40 strategy in which uncrewed systems are deployed for first wave attacks, before tanks, attack helicopters and other manned platforms arrive on the battlefield.

In essence, the new weapons mix would be 20% traditional heavy platforms (like tanks), 40% single-use expendable drones and munitions, and the remaining 40% reusable, high-end drones.

It’s been confirmed that an extra £2bn will be spent on army drones this parliament.

Defence Secretary John Healey said Britain’s adversaries were working more in alliance and technology was changing how war was fought.

“Drones now kill more people than traditional artillery in the war in Ukraine and whoever gets new technology into the hands of their armed forces the quickest will win,” he said.

This week, the prime minister announced a deal with Ukraine to co-produce drones.

Germany and Denmark have made similar agreements with the German Ministry of Defence, telling Sky News that drones are a top priority.

In a drone showroom in central Berlin, we meet Sven Weizenegger, head of the German military’s cyber innovation hub.

He said they have noticed a boom in pitches from potential suppliers.

Every day, his department receives up to 20 enquiries from companies asking how their products could be used by the military.

He believes things need to move more quickly so soldiers get weapons faster.

“We are very advanced in the innovation process. That means we have a lot of ideas and many companies that are ready to deliver,” he explained. “Unfortunately, what we are not good at right now, due to our current processes, is getting these things into real operations, into frontline use. We need to fix that.”

Germany has promised to turbo-charge defence spending, with the Chancellor pledging to create the “strongest conventional army in Europe”.

Plans announced this week include boosting unmanned systems and air defences.

The German Ministry of Defence said it couldn’t reveal stock levels due to security, but a spokesperson confirmed the country is investing in a range of different units, including signing two contracts for attack drones.

“We are procuring not just a few but quite large quantities and testing them directly with the troops,” the spokesperson added.

However, they agreed with the EU defence commissioner that rather than stockpiling tech which would go out of date, it was better to have a system in place to allow for large quantities to be made quickly in the event of war.

In May, the EU approved a €150bn (£125bn) loan scheme to boost defence production across the bloc.

News.sky.com

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Canada Publishes 2 Official Websites to Find Jobs, Says Over 2,000 Vacancies Are Posted Daily 

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Canada has made it easier for unemployed individuals and foreigners who wish to live and work in the country to find jobs that can help them live comfortably and meet their basic responsibilities.

On the official Canadian government website, two links are provided to websites where job seekers can find available jobs in Canada

According to the Canadian government website, applicants who apply for jobs through these platforms can get hired by different companies, as more than 2,000 jobs are posted every day.

Aside from these two websites, the Canadian government explains that individuals can also use employment agencies to help them find jobs that match their skills.

A job seeker can also ask friends or family members if there are job openings or vacancies, as not all positions are advertised on these websites.

1. Job Bank

The Canadian government explains that thousands of jobs are advertised on this platform every day by organisations and companies. The link to access the website can be found in the detailed post published on the Canadian government website.

2. Jobs GC

Another website where foreigners who wish to work in Canada or Canadian citizens can find government jobs is the Jobs GC website. Federal public service jobs are advertised on the website, alongside several other opportunities that may match an applicant’s skills.

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US Releases List, Photos of 5 Nigerians Popular Alleged Yahoo Boys Facing Deportation 

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The United States Government, through the Department of Homeland Security (DHS), has updated its public register of online fraudsters (Yahoo boys) slated for deportation.

Among the list of 124 Nigerians flagged on the portal are five notorious, well-known cyber fraudsters whose identities, photographs, and criminal profiles have been officially published.

The database, known as the “Worst of the Worst” (WOW) portal, highlights some Nigerians who have been convicted of major federal crimes and are prioritised for deportation by US Immigration and Customs Enforcement (ICE).

Legit has collated a detailed report on the five popular Nigerian fraudsters (Yahoo Boys) who are now awaiting deportation, including a former Forbes-celebrated businessman.

1. Obinwanne Okeke (Invictus Obi)

Perhaps the most famous name on the deportation list is Obinwanne Okeke, widely known as Invictus Obi. In 2016, Okeke was celebrated internationally, even making the prestigious Forbes “30 Under 30” list of Africa’s most promising entrepreneurs.

However, his empire crumbled when the FBI arrested him for masterminding an $11 million global cyber-intrusion and Business Email Compromise (BEC) scheme. His team successfully hacked the email systems of Unatrac Holding Limited, a heavy machinery supplier, to divert massive payments.

Okeke was sentenced to 10 years in a US federal prison in 2021. Following his release from custody, he was transferred to ICE and placed on the priority deportation list.

2. Oriyomi Aloba

Oriyomi Aloba carried out one of the most unusual cyberattacks on the list by targeting the US justice system itself. Aloba successfully hacked into the Los Angeles Superior Court computer system.

He then hijacked the court’s servers to send over 2 million malicious phishing emails to unsuspecting recipients, aiming to steal credit card details and personal identity data.

In 2019, US federal authorities sentenced him to 145 months (over 12 years) in prison. He has now been officially listed on the DHS portal for deportation to Nigeria.

3. Chibundu Anuebunwa

Chibundu Anuebunwa specialised in high-level corporate impersonation to swindle international companies. Anuebunwa was a key player in a transnational cyber fraud ring that ran a $2.5 million BEC scheme.

The crime team specialised in spoofing and hacking corporate emails to impersonate high-ranking executives, tricking companies worldwide into executing fraudulent wire transfers. He was sentenced to 66 months (5.5 years) in federal prison in 2023. His profile and photo are now active on the US deportation registry.

4. Quazeem Adeyinka

Quazeem Adeyinka was part of a team that exploited US government emergency funds during the global pandemic crisis.

Adeyinka participated in a wire fraud conspiracy that used stolen identities to file fraudulent claims for COVID-19 pandemic-related unemployment insurance benefits. The scheme successfully siphoned over $2.2 million from US taxpayer-funded relief programs.

He was sentenced to 26 months in federal prison and has been marked on the priority list for deportation.

5. Olaolu Alabi

Olaolu Alabi used stolen pandemic relief and corporate fraud proceeds to fund a lavish lifestyle before his arrest. Operating out of Owings Mills, Maryland, Alabi was convicted of conspiracy to commit wire fraud, access device fraud, and aggravated identity theft.

He defrauded individuals and businesses of over $1.5 million using stolen identities to claim pandemic relief. Alabi personally pocketed at least $500,000, some of which he spent on a luxury trip to Hawaii for himself and his friends. He was sentenced to 66 months (5.5 years) in federal prison and is now awaiting repatriation to Nigeria on the DHS list.

While the US Government has published their names and photographs, the DHS has not released specific deportation flight dates. Under US law, each individual’s deportation will be processed systematically as they complete their prison sentences or exhaust their remaining legal options.

-Source: Legit

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Elon Musk’s Net Worth Surges To $1.3 Trillion As SpaceX Stock Rally Continues

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Elon Musk’s net worth surged to $1.3 trillion after SpaceX shares soared following its record-breaking IPO, adding an estimated $165 billion to his fortune in a single day.

Elon Musk’s wealth jumped by about $165 billion in one day as SpaceX stock surged after its historic stock market debut. SpaceX briefly crossed a $3 trillion valuation, making it one of the world’s most valuable companies and further cementing Musk’s position as the richest person on earth. The company also holds 18,712 bitcoin, while some analysts warn that SpaceX’s rapid rise in value may be difficult to sustain over the long term.

Elon Musk has added an astonishing $165 billion to his personal fortune in just one day, pushing his estimated net worth to around $1.3 trillion after SpaceX shares continued their explosive run on the stock market.

The sharp jump came as SpaceX stock gained nearly 20% during its second full trading session following its historic Nasdaq debut. The rally briefly pushed the company’s market valuation above $3 trillion, cementing its position among the world’s most valuable publicly traded companies.

SpaceX entered the public market under the ticker symbol SPCX after pricing its initial public offering (IPO) at $135 per share. The company raised approximately $75 billion, making it the largest IPO ever recorded. Investor demand was reportedly overwhelming, with orders exceeding $350 billion, nearly four times the amount of stock available.

By Monday’s close, SpaceX shares had climbed as high as $229.40, giving the aerospace and satellite internet giant a market capitalization of about $2.52 trillion. At one point during trading, the company’s value crossed the $3 trillion mark.

The rally has had a massive impact on Musk’s wealth because he remains the company’s largest shareholder. According to estimates, his one-day gain exceeded the entire net worth of Microsoft co-founder Bill Gates.

Investor and entrepreneur Anthony Pompliano highlighted the scale of the surge in a post on X, writing:

“SpaceX hit a $3 trillion market cap today. This means Elon Musk made more money in the last 24 hours than Warren Buffett made in his entire lifetime.”

At an estimated $1.3 trillion, Musk’s fortune now stands far ahead of every other billionaire on the planet. His wealth is worth roughly two-thirds of the combined fortunes of the next nine richest individuals.

Much of that wealth is now tied directly to SpaceX, which has rapidly become one of the most valuable companies in the United States following its public listing. The company’s businesses span reusable rocket launches, satellite communications through Starlink, government contracts, and emerging artificial intelligence infrastructure projects.

Institutional investors have also rushed into the stock. ARK Invest, led by Cathie Wood, purchased nearly 3.3 million SpaceX shares across multiple exchange-traded funds shortly after trading began. Wood has previously expressed confidence in the company’s long-term prospects, citing Starlink’s global broadband network and SpaceX’s leadership in reusable rocket technology.

SpaceX’s Bitcoin holdings draw attention

Beyond its space and telecommunications businesses, SpaceX has also attracted attention for its cryptocurrency holdings.

The company reportedly owns 18,712 bitcoin, making it one of the largest corporate holders of the digital asset. When combined with Tesla’s reported holdings of 11,509 BTC, companies linked to Musk control more than 30,000 bitcoin.

Earlier this year, crypto asset manager Grayscale suggested that SpaceX could become the most valuable publicly traded company with direct bitcoin exposure once it completed its IPO.

The development has fueled debate among investors about whether capital is shifting away from cryptocurrencies and into high-growth technology stocks. Some market participants believe blockbuster public listings such as SpaceX, OpenAI and Anthropic are attracting money that might otherwise have flowed into digital assets.

Despite the excitement, not everyone is convinced the rally can continue at its current pace.

Some analysts argue that SpaceX’s valuation may have moved ahead of its underlying financial performance. Critics have pointed to the company’s heavy reliance on Starlink revenue and warned that post-IPO enthusiasm could fade once insider lockup periods expire and early investors begin taking profits.

Still, supporters argue that SpaceX’s dominance in commercial space launches, satellite internet services and future space exploration initiatives gives it a unique position in global markets.

For now, investors appear focused on growth, with the company’s stock continuing to attract strong demand as Wall Street bets on SpaceX becoming one of the defining technology companies of the coming decade.

 

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