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Exclusive: The minerals deal that sparked backlash is now backing Ukraine’s drone edge
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Exclusive: The minerals deal that sparked backlash is now backing Ukraine’s drone edge

by Liliane Bivings

Just over a year after a dramatic Oval Office clash derailed the now-infamous "minerals deal," the fund it spawned is making its first move, backing Ukraine's defense tech sector as global conflicts intensify. The first of three investments planned this year by the fund — officially known as the U.S.-Ukraine Reconstruction Investment Fund — will go to Sine Engineering, a Ukrainian dual-use military technology company, two people familiar with the deal told the Kyiv Independent. The deal is exp

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Ukraine war latest: Russia launches nearly 1,000 drones in one of war's largest assaults, killing 7 and injuring at least 50

Key developments on March 24: * Russia launches nearly 1,000 drones in one of war's largest assaults, killing 7 and injuring at least 50 * Ukraine 'liquidates' hitman working for Russia's GRU, thwarts plot to assassinate high-profile figures, SBU says * Train passenger killed after 'refusing to evacuate' during Russian drone attack in Kharkiv Oblast * Zelensky warns Iran war 'emboldening' Russia after Ukraine meets Trump officials Russia launched nearly 1,000 attack drones against Ukraine

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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.

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