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Directed Energy Weapons Market to Grow by USD 5.31B (2024-2028), Boosted by Development & Procurement of Advanced Technologies, with Market Evolution Powered by AI – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global directed energy weapons market size is estimated to grow by USD 5.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 19.4% during the forecast period. Development and procurement of advanced technologies in directed energy weapons is driving market growth, with a trend towards integration of smart weapon systems. However, issues associated with legality of directed energy weapons. poses a challenge. Key market players include Airbus SE, BAE Systems Plc, DRDO, Elbit Systems Ltd., General Atomics, L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo S.p.A., Lockheed Martin Corp., Moog Inc., QinetiQ Ltd., Radiance Technologies Inc., Rheinmetall AG, RTX Corp., Saab AB, Teledyne Technologies Inc., Thales Group, The Boeing Co., Bharat Electronics Ltd, and Northrop Grumman Corp..

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Directed Energy Weapons Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 19.4%

Market growth 2024-2028

USD 5.31 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

18.85

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, Canada, China, Japan, and Germany

Key companies profiled

Airbus SE, BAE Systems Plc, DRDO, Elbit Systems Ltd., General Atomics, L3Harris Technologies Inc., Leidos Holdings Inc., Leonardo S.p.A., Lockheed Martin Corp., Moog Inc., QinetiQ Ltd., Radiance Technologies Inc., Rheinmetall AG, RTX Corp., Saab AB, Teledyne Technologies Inc., Thales Group, The Boeing Co., Bharat Electronics Ltd, and Northrop Grumman Corp.

Market Driver

The Directed Energy Weapons (DEW) market is experiencing significant advancements with the trend towards laser weaponry for military purposes. Collaborative efforts between defense projects and industry partners, such as the German military and Rheinmetall, are driving the development of shipboard laser weapons and solid-state lasers for protection against diverse threats like drone swarms, guided missiles, mortar rounds, and even terrorist organizations. Laser weapon solutions are becoming increasingly important for armed forces and security entities to respond rapidly to threats with precision targeting and missile interception. DEW technologies include high-powered microwaves, high-energy lasers, electromagnetic rail guns, and ultra-wideband weapons. Professional opinions and perspectives in the defense sector highlight the importance of DEWs for modern warfare, border security, reconnaissance, and surveillance. Platforms like Stryker vehicles, naval vessels, aircraft, and unmanned vehicles are being equipped with these advanced technologies to counteract collateral damage and adapt to evolving security threats. Industry statements and product literature suggest that DEWs offer a solid alternative to traditional weapons like guns and explosives, providing protection for soldiers, vital infrastructure, and non-combatants. Continuous research and technology development will ensure that DEWs remain a vital part of security strategies in the face of modern warfare and terrorist organizations. 

The Directed Energy Weapons (DEW) market is experiencing significant growth due to the evolving nature of warfare and geopolitical tensions. Traditional methods of warfare, such as the use of bomber planes for long-range, are being supplemented with advanced technologies. DEW systems, which use focused energy beams to destroy targets, offer several advantages over conventional weapons. They are non-projectile, allowing for greater precision and reduced collateral damage. Additionally, DEW systems can be rapidly deployed and offer a high rate of fire, making them ideal for defending against air, ground, and sea-based threats. Smart weapon systems integrated with DEWs enhance situational awareness, providing real-time information and analytics to military leaders. Communication systems facilitate coordinated responses between different platforms, ensuring a more efficient and effective defense strategy. The US, with its advanced DEW capabilities, holds a strategic military advantage. 

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Market Challenges

The Directed Energy Weapons (DEW) market is experiencing significant advancements in laser weaponry for military purposes. Collaborative efforts between defense projects and industry partners are driving the development of DEW solutions, including shipboard lasers and solid-state lasers. The German military’s investment in a high-powered microwave weapon is an example of this collaboration. The defense sector faces diverse threats from drone swarms, guided missiles, mortar rounds, and other projectiles. DEW offers rapid response capability, precision targeting, and missile interception, making it an essential tool for modern warfare. However, challenges such as collateral damage and adaptable reactions from adversaries persist. Professional opinions and perspectives in product literature and industry statements highlight the potential of DEW in protecting soldiers, vital infrastructure, and ground vehicles from diverse security threats, including terrorist organizations and enemy electronic systems. The use of DEW in border security, reconnaissance, and surveillance is also gaining traction. Rheinmetall, a leading defense technology company, is investing in high-energy lasers, electromagnetic rail guns, and high-power microwaves to meet the evolving needs of the military. Continuous research and technology advancements will ensure DEW remains a vital platform in the defense industry’s arsenal against modern warfare threats.Directed energy weapons, a emerging technology, are raising concerns due to their potential use against civilians. Recent incidents involving the use of pellet guns resulting in serious injuries have fueled debates. Governments are reviewing the legality and establishing national measures regarding their use. Non-lethal weapons, such as beanbag guns, have also caused injuries or fatalities in certain situations. These developments underscore the need for careful consideration and regulation in the deployment of directed energy weapons.

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Segment Overview 

This directed energy weapons market report extensively covers market segmentation by

Application1.1 Defense1.2 Homeland securityType2.1 Non-lethal2.2 LethalGeography3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Defense- Directed energy weapons are essential tools in modern military arsenals, providing enhanced combat capabilities for forces worldwide. In September 2020, India’s Defense Research and Development Organization (DRDO) announced plans to develop high-energy lasers and high-powered microwaves, including drought early warning systems (DEWS), as part of a national program. DRDO collaborates with domestic players to create variants up to 100 kilowatts, such as chemical oxygen-iodine and high-power fiber lasers, and a secretive Kali particle beam for soft kills against incoming missiles and aircraft. Additionally, RF and microwave directed energy weapons systems are used to counter electronic warfare threats by disrupting and disabling adversary communication systems, radar, and electronic sensors. The integration of these systems into military platforms like aircraft and naval vessels is becoming commonplace for comprehensive defense against electronic warfare. High-energy lasers, particularly, have gained popularity due to their quick and accurate responses against threats like UAVs and missiles. The US Department of Defense (DoD) has invested significantly in HEL systems, including the Army Mobile Experimental High Energy laser and the Navy Laser Weapon System [LaWS]. These applications within the defense sector will fuel the growth of the global directed energy weapons market during the forecast period.

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Research Analysis

The Directed Energy Weapons (DEW) market is experiencing significant advancement in the defense sector, with laser weaponry gaining increasing attention for military purposes. Collaborative efforts between governments and industry partners are driving the development of DEW solutions, including high-powered microwave weapons and solid-state lasers. These weapons offer protection against diverse threats such as drone swarms, guided missiles, and mortar rounds. The Stryker vehicle is one platform undergoing integration of DEW systems for enhanced protection. High-energy lasers and electromagnetic rail guns are among the emerging DEW technologies, providing a viable alternative to traditional kinetic weapons. Target acquisition and tracking systems are crucial components of DEW systems, ensuring accurate engagement and neutralization of threats. The DEW market is poised for growth as defense agencies continue to seek advanced technologies for defense applications.

Market Research Overview

Directed Energy Weapons (DEW) are revolutionizing modern warfare by providing rapid response capability against diverse threats, including drones, guided missiles, mortar rounds, and even terrorist organizations. DEW systems, such as laser weaponry and high-powered microwave weapons, offer precision targeting and adaptable reactions, minimizing collateral damage to non-combatants and vital infrastructure. The defense sectors are at the forefront of this advancement, with collaborative efforts between military forces and industry partners leading to the development of solid-state lasers, electromagnetic rail guns, and ultra-wideband weapons. The German military, for instance, is working on a shipboard laser weapon with Rheinmetall, while the Stryker vehicle is being equipped with laser weapon solutions. Professional opinions and perspectives on DEWs their importance in countering drone swarms, missile interception, and enemy electronic systems. Product literature and industry statements highlight the benefits of these weapons in protecting soldiers, ground vehicles, naval vessels, aircraft, and unmanned vehicles from various security threats. Continuous research and technology development are essential to enhance the capabilities of DEWs, ensuring they remain effective against evolving threats. Infiltrators and reconnaissance teams are also potential targets for these advanced weapons, providing valuable security strategies for border security and surveillance operations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationDefenseHomeland SecurityTypeNon-lethalLethalGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Bloomberg Introduces Spread-to-Benchmark Quoting for EUR and GBP Portfolio Trading Baskets

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LONDON, June 2, 2026 /PRNewswire/ — Bloomberg today announced the launch of Spread-to-Benchmark quoting and trading for Euro (EUR) and Sterling (GBP) denominated portfolio trades through its Portfolio Trading Basket Builder (PTBB). The new functionality expands the range of quoting protocols available for European credit portfolio trading and reflects growing client demand for spread-based execution workflows, alongside increased dealer support for the convention across EUR and GBP markets.

Spread-to-Benchmark quoting is a well-established protocol for USD credit portfolio trades and is used by market participants to evaluate and execute portfolio trades. By extending this workflow to EUR and GBP portfolio trades, Bloomberg enables clients and dealers to transact using a familiar spread-based methodology across additional credit markets. 

The introduction of Spread-to-Benchmark quoting for EUR and GBP baskets reflects increased client interest in evaluating portfolio trades through a spread-based lens and the growing adoption of spread-based execution workflows in European credit markets. The workflow provides market participants with an additional framework for assessing the relationship between credit spread risk and underlying government bond yields when pricing and executing portfolio trades. 

Additional Workflow Flexibility 
The workflow complements Bloomberg’s existing portfolio trading capabilities, which support the full range of market-standard quoting conventions, including Price, Yield, Spread-to-Benchmark and Spread based workflows that reference Bloomberg’s evaluated pricing service (BVAL). This gives clients flexibility to compare and execute portfolio trades using the quoting methodology that best aligns with their investment objectives, execution preferences and internal risk management processes. 

“European credit clients continue to look for execution workflows that reflect how they evaluate risk and monitor portfolio trading outcomes,” said Harry Street, Global Head of Credit and Equities Trading Product at Bloomberg. “By expanding dealer support for Spread-to-Benchmark quoting for EUR and GBP baskets, Bloomberg is broadening the range of workflow options available to clients trading European credit portfolios.” 

“Portfolio trading workflows in fixed income continue to become more sophisticated as institutional investors look for ways to evaluate execution quality in changing market conditions,” said Kevin McPartland, Head of Market Structure & Technology Research at Crisil Coalition Greenwich. “Spread-based quoting helps market participants more clearly distinguish between the impacts of credit spread and underlying rates movements when determining how best to execute a portfolio trade.” 

Bloomberg’s Electronic Markets solutions are used by leading financial institutions to trade efficiently in over 175 markets around the world. More than 9,000 client firms use Bloomberg Electronic Markets to access industry-leading depth and breadth of liquidity across asset classes from over 800 dealers globally. Bloomberg Electronic Markets provides market participants with comprehensive solutions across the trading lifecycle, including robust price transparency, analytics, automation and execution, powered by Bloomberg’s high-quality, multi-asset class data and tools.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

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SOURCE Bloomberg L.P.

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Dr. Sunho Kang, a senior battery-technology executive with leadership experience at major global battery and EV manufacturers, joins TeraWatt Technology as Head of Product and Technology

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SAN FRANCISCO, June 2, 2026 /PRNewswire/ — TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce that Dr. Sunho Kang has joined the company as Head of Product and Technology.

Dr. Kang is a globally recognized battery-technology executive with more than 25 years of leadership experience spanning the United States, Asia, and Europe, and a distinguished track record of advancing innovations from laboratory research through gigafactory-scale production. He has held senior executive positions at world-leading organizations including Samsung SDI, Apple, and Volkswagen Group of America, and brings deep expertise in lithium-ion battery materials, cell engineering, and product industrialization across a broad range of applications, including electric vehicles and energy storage systems.

At TeraWatt, Dr. Kang will lead global product development and the commercialization of TeraWatt’s battery technology platform, aiming to accelerate the delivery of TeraWatt’s competitive products as well as the technology and commercialization roadmap including manufacturing scale-up.

Dr. Kang commented:

“I am thrilled to join TeraWatt Technology as Head of Product and Technology. TeraWatt’s innovative battery platform presents a tremendous opportunity to push the boundaries of lithium-ion technology, and I look forward to working with the team to accelerate product development and commercialization to deliver meaningful impact.”

TeraWatt Technology founder CEO Ken Ogata, Ph.D. commented:

“We are thrilled to welcome Dr. Kang as our Head of Product and Technology. His deep expertise in battery materials, cell engineering, and productization will be instrumental in accelerating TeraWatt’s product roadmap and technology leadership. Together with Dr. Kang, we will continue to drive our mission forward.”

About TeraWatt Technology Inc.
TeraWatt Technology Inc. is a California-based company that produces lightweight, high-power, and safe next-generation lithium-ion batteries.

Company Overview
Name: TeraWatt Technology Inc.
Representative: Co-founder and CEO Ken Ogata
Headquarters: 28 Geary St, Suite 650, San Francisco, CA 94108, United States
Founded: January 2020
Established: December 2019
URL: https://www.terawatt-technology.com/

 

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SOURCE TeraWatt Technology Inc.

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Tencent Cloud and Soniox Announce Strategic Partnership: Combining Advanced Speech-to-Text (STT) Technology with Global Real-Time Infrastructure

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HONG KONG, June 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic partnership with Soniox, a San Francisco-based speech AI company that specializes in developing high-accuracy, low-latency speech AI solutions. The collaboration integrates Soniox’s speech-to-text (STT) technology with Tencent Cloud’s Real-Time Communication (TRTC) enterprise-grade global infrastructure, enabling enterprises to build and deploy multilingual voice AI applications across 200+ countries and regions.

Elevating Enterprise Voice AI at a Global Scale

In enterprise voice AI deployments, latency directly affects user experience and application reliability. The integration of Soniox’s high-accuracy, low-latency STT with TRTC’s global transmission infrastructure reduces latency across the entire pipeline, creating a comprehensive end-to-end solution for enterprises deploying conversational AI applications worldwide.    

Soniox is the voice platform for every language. Unlike legacy speech AI, which was built primarily for English-speakers, Soniox delivers native-speaker accuracy across 60+ languages. Its technology can handle mid-sentence language switching — a user can switch between English and Chinese in a single utterance, and Soniox will capture every word with complete accuracy. All of this works through a single API that works for both speech-to-text and text-to-speech.

By integrating TRTC, the partnership leverages an enterprise-grade real-time communication backbone featuring more than 3,200 global nodes, sub-300 ms worldwide latency, and advanced capabilities such as AI noise suppression and weak-network resilience. These capabilities enable conversational AI applications to operate reliably across diverse network environments, including regions such as Southeast Asia and Africa.

With the roll out of this partnership, developers can integrate the Soniox STT API directly within the Tencent Cloud console. Whether targeting English-speaking markets or supporting languages such as Arabic, Hindi, and Malay, enterprises can build global voice applications — including intelligent customer service, voice assistants, real-time translation, and meeting transcription — to address the demands of expansion into emerging markets and multilingual scenarios.

Wison Xie, Head of Product at Tencent RTC, stated: “Tencent RTC has always been committed to providing reliable real-time communication infrastructure for global enterprises. Our partnership with Soniox brings together our strengths in enterprise-grade audio transmission and Soniox’s advanced speech recognition technology. Together, we are making it easier for businesses to deploy accurate, low-latency voice AI applications across any language and any market.”

Klemen Simonic, CEO at Soniox Inc., stated “At Soniox, our mission is to help businesses understand every word, in any language, with native speaker accuracy and exceptional speed. Partnering with Tencent Cloud combines our speech AI with world-class real-time infrastructure, enabling enterprises to build voice AI experiences that scale globally with low latency and reliability.”

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Tencent RTC:

Tencent RTC provides real-time communication solutions, including audio/video calling, live streaming, and in-game voice. With enterprise-grade security, AI-powered enhancements, and a global network of over 3,200 nodes, Tencent RTC powers mission-critical communication for customers worldwide.

About Soniox:

Soniox is a next-generation voice AI company bringing about the end of English-first speech AI. Most people on the planet did not grow up speaking English and often mix languages mid-sentence; and yet legacy speech AI was built for just English. Soniox is different: native-speaker accuracy across 60+ languages, true mid-sentence language switching, and flawless alphanumeric recognition that legacy providers still can’t match. For developers building global apps, Soniox is the only option. Try it for yourself at soniox.com.

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SOURCE Tencent Cloud

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