
Ukrainian-founded drone maker UForce raises $700 million at $6 billion valuation
The investment will help UForce expand production for Ukraine and supply allied countries with systems suited to modern warfare, the company said.

The investment will help UForce expand production for Ukraine and supply allied countries with systems suited to modern warfare, the company said.
In Astrakhan Oblast, drones targeted the Akhtubinsk airfield, which hosts Russia's 929th State Flight Test Center, one of the country's main facilities for testing new military aircraft and weapons.

"Russian forces are targeting substations with Shahed drones. And many of these strikes get through precisely because speed restrictions remain in place for Starshield terminals along the front line and in temporarily occupied territories," Zelensky said

"Every day these plants are idle means fewer tires for the vehicles transporting ammunition to the front, fewer rubber parts for armored vehicles and aircraft, fewer raw materials for the missile industry, and less fuel for the Russian military," the General Staff said.

"The EU will keep disrupting Russia's shadow fleet at sea and through diplomatic means," Kaja Kallas said.

Russian forces launched 132 long-range attack drones at Ukraine overnight on Nov. 15, including 78 jet-powered drones, the Air Force said.

The number includes 2,230 casualties that Russian forces suffered over the past day.

The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.
Luo Haizhou had once asked to be referred to only by his call sign "Brunko," but his reticence has since gone. Luo recruits fellow Chinese volunteers for Ukraine's military, despite warnings from Chinese state security officers to his family back home. He knows that returning to his native Shenzhen is now impossible. "For the few dozen Chinese who have joined Ukraine's military, the choice may have cost them the option of ever returning home." Luo met with the Kyiv Independent a day before