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Minister: Ukraine allocates $225,000 to fund 15 'revolutionary' defense tech products

by The Kyiv Independent news desk August 12, 2023 1:33 PM 1 min read
Ukraine's Digital Transformation Minister Mykhailo Fedorov on a work trip in Lviv Oblast on June 30, 2023. (Photo: Fedorov/Telegram)
This audio is created with AI assistance

Digital Transformation Minister Mykhailo Fedorov announced on Aug. 12 that Ukraine has allocated $225,000 to fund 15 "revolutionary" defense tech products.

They include drones resistant to electronic warfare, remote control robots, systems for the search and identification of mines, and AI tools for analysis.

The funding is provided under the Brave1 government initiative, which was launched in April to invest in defense tech innovations that can be utilized by the Ukrainian military, as well as serve as a platform to connect the industry's stakeholders.

"Technology and innovation play a key role in modern warfare," Fedorov wrote on Telegram. "They help bring victory closer and preserve the most valuable thing — the lives of our soldiers."

Fifteen more projects are in the process of making agreements with the government to receive $235,000 of funding.

Fedorov once again encouraged those who have innovative defense tech ideas to apply for government support.

Fighting smarter: Ukraine’s transformation into a military innovator
Before Russia launched a full-scale invasion of Ukraine, 27-year-old engineer Maxim Sheremet was engaged in the manufacturing of commercial drones. He worked for the state defense company Ukroboronprom, a strategic manufacturer of weapons and military hardware in Ukraine, and later at Evolve Dynami…

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