In this episode, we sit down with James Tennant, Partner and Head of JAPAC at Boka Capital, as he discusses why AUKUS needs sovereign capital to successfully deliver on its strategic ambitions. James explores the disparity between the headline-grabbing investments of AUKUS Pillar 1 and the overlooked capital shortfalls of Pillar 2, emphasizing the urgent need to build a unified capital architecture across Australia, the UK, and the US. He highlights the challenges faced by defense technology startups, such as the "valley of death" funding gap and ESG constraints that lock out institutional investment, and draws valuable lessons from international examples like In-Q-Tel and Israel’s Yozma. Throughout the ...