The quantum systems logo is pictured in front of the company's building in Gilching near Munich on August 12, 2026. Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge military software as Europe rearms to face an increasingly dangerous world. (Photo by Karl-Josef Hildenbrand / AFP via Getty Images)

A model of the Drone Tytan Interceptor EOS by Tytan Technologies is pictured in Munich on August 12, 2026. Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge military software as Europe rearms to face an increasingly dangerous world. (Photo by Karl-Josef Hildenbrand / AFP via Getty Images)

Nemo Farber, Chief Manufacturing Officer of Tytan Technologies is pictured during an interview in Munich on August 12, 2026. Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge military software as Europe rearms to face an increasingly dangerous world. (Photo by Karl-Josef Hildenbrand / AFP via Getty Images)

Martin Karkour, Chief Revenue Officer at Quantum Systems is pictured during an interview with Agence France-Presse in Gilching near Munich on August 12, 2026. Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge military software as Europe rearms to face an increasingly dangerous world. (Photo by Karl-Josef Hildenbrand / AFP via Getty Images)

Nemo Farber, Chief Manufacturing Officer of Tytan Technologies is pictured during an interview in Munich on August 12, 2026. Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge military software as Europe rearms to face an increasingly dangerous world. (Photo by Karl-Josef Hildenbrand / AFP via Getty Images)

Two models of the Drone Tytan Interceptor EOS by Tytan Technologies are pictured in Munich on August 12, 2026. Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge military software as Europe rearms to face an increasingly dangerous world. (Photo by Karl-Josef Hildenbrand / AFP via Getty Images)

This handout photo released by the US Treasury Department shows US Secretary of the Treasury Scott Bessent posing with members of the G20 during the G20 Finance Ministers and Central Bank Governors' meeting in Asheville, North Carolina, on August 31, 2026. (Photo by US Treasury Department / AFP via Getty Images) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / US TREASURY DEPARTMENT / handout" - HANDOUT - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

Aerial view shows anchovy fishing boats anchored off the coast in front of the Constitutional Province of Callao, Peru on August 31, 2026. With no fish and no work, thousands of industrial fishermen in Peru have been stranded on land for more than two months: the warming of the sea caused by the El Nino phenomenon has depleted the anchovy population, a resource of which the country is the world's leading producer. (Photo by Ernesto BENAVIDES / AFP via Getty Images)