BusinessCybersecurity

European Infrastructure Vulnerability Exposed by Major Cloud Service Disruption

A widespread AWS outage disrupted essential services across Europe, revealing deep infrastructure vulnerabilities. Analysts suggest the incident underscores strategic risks in relying on overseas technology providers for critical systems.

Major Cloud Outage Disrupts European Services

A significant Amazon Web Services outage on October 20 caused widespread disruption to critical services across Europe, according to industry reports. The incident affected airports, banks, hospitals, and government services throughout the continent, with some systems going completely offline during the downtime. Sources indicate that AWS holds between 40-50% of the UK’s Infrastructure-as-a-Service market and supports essential services including the National Health Service and Ministry of Defence.

Startups

Spanish Drone Innovator Fuvex Secures €1.7M to Expand European Infrastructure Inspection Services

Fuvex, a Spanish drone developer specializing in long-range autonomous aerial systems, has reportedly secured €1.7 million in its first external funding round. The company aims to expand its infrastructure inspection services across Europe and Latin America while entering new verticals including gas pipelines and security applications.

Spanish Drone Developer Fuvex Raises €1.7 Million for European Expansion

Spanish drone startup Fuvex has reportedly secured €1.7 million in the initial phase of its Series A funding round, according to recent announcements. The Navarra-based company, which specializes in long-range autonomous aerial systems for infrastructure inspection, plans to use the capital to expand into new markets across Europe and Latin America while diversifying into additional industry verticals.