The Karl Stefanovic Show

Shark Tank's Steve Baxter: “A soldier with a glue gun can build a drone in 45 minutes.”

April 22, 2026·39 min
Episode Description from the Publisher

Australia is facing a defence reality few are talking about.Former soldier and investor Steve Baxter joins Karl to break down what modern warfare actually looks like — and why Australia isn’t ready for it.From drone warfare and battlefield “marketplaces” to space technology and defence innovation, this episode goes inside the systems changing war in real time.Why are we falling behind? Why aren’t we investing in our own capabilities? And what happens if we don’t catch up?This is the conversation Australia needs to have.

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