Helsing

HX-2

In Production

Electrically propelled X-wing precision strike drone (loitering munition) with onboard AI that keeps hunting and re-identifying targets through GPS denial and jamming, with a human on the loop for critical decisions. Software-defined and built for low-cost mass production; combat-deployed in Ukraine and ordered by the Bundeswehr.

Latest update Jul 28, 2026

HX-2

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Current status

Combat-deployed in Ukraine (thousands delivered since start of 2026); €269M initial Bundeswehr contract Feb 2026; Japan initial agreement May 2026; US manufacturing began Jul 2026 (West Virginia); accuracy disputed - WELT reports 35.7% Donbas hit rate vs. 88% in US Army Flytrap 5.0 trials

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Specifications4

Range
Up to 100 km
Top speed
~220 km/h (136 mph)
Ukraine delivery rate
Thousands delivered since start of 2026

vs. several hundred/month reported Jan 2026

US Army Flytrap 5.0 hit rate
88%

(15 of 17 rounds), Pabrade training area, Lithuania

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Upcoming milestones2

Announced next steps from Helsing that mention HX-2.

  1. Nov 2026

    West Virginia 'Resilience Factory' reaches initial operating capability

    Helsing's first US manufacturing site in Martinsburg, West Virginia ($50M investment, 60+ jobs) is targeting initial operating capability in November 2026, with full-rate production toward 2,000+ HX-2 drones/month within a year of that milestone. Watch for the IOC date, initial output rate, and any US government orders that follow. As of September 11, 2026 the November 2026 target remains in place with no public slip or IOC announcement.

  2. Q4 2026

    Finalize Japan HX-2 deal following GSDF field tests

    Building on the initial HX-2 agreement Helsing struck with Japan's Ground Self-Defense Force in May 2026, Helsing enlisted Japanese e-commerce and finance firm Rakuten in August 2026 to help broker a full sales deal, with Rakuten serving as the point of contact between Helsing and the Japanese government. Reuters and The Japan Times reported on August 18 that the GSDF field tests run through the end of September 2026. As of September 17, 2026, those tests are still in their scheduled window and no public test results or firm procurement contract have been announced. Watch for the field-test outcome after September 30 and whether it converts into a buy.

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In the news3

  1. Helsing enlists Rakuten to broker Japan military drone deal

    German defense technology company Helsing said Rakuten is helping broker a deal to sell its HX-2 strike drones to Japan's Ground Self-Defense Force, serving as the point of contact between Helsing and the Japanese government. Japan's GSDF is field testing the HX-2 through the end of September as Tokyo looks to modernize its military and counter an increasingly assertive China, building on an initial agreement the two sides struck earlier in 2026.

    Bloomberg Nikkei Asia

  2. Helsing raises $1.8B in Europe's biggest defense funding round

    German defense AI company Helsing closed a $1.8 billion Series E on July 13, valuing the company at $18 billion and marking the largest funding round ever for a European defense-technology startup. Investors including Dragoneer, Lightspeed Venture Partners, General Catalyst and Canada Pension Plan Investment Board backed the oversubscribed round. Days later Helsing said it will build its first US manufacturing facility in Martinsburg, West Virginia, a $50 million plant to produce its AI-enabled HX-2 strike drone at a rate of more than 2,000 units a month once fully operational.

    CNBC Helsing

  3. Helsing raises $1.8B Series E at $18B valuation

    German defense-AI company Helsing said on July 13 it raised $1.8 billion in a Series E round valuing it at $18 billion - Europe's largest defense-startup raise, cementing its position as the continent's most valuable defense-tech company. New and existing backers included Dragoneer, Lightspeed, Iconiq, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, CPP Investments, General Catalyst, Plural and StepStone, with the company saying investor demand far exceeded the available allocation. Helsing, which makes the HX-2 strike drone and Centaur AI fighter-pilot software and remains predominantly European-owned, will use the capital to scale its multi-domain buildout.

    Helsing Bloomberg

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