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 Brave1 Components event in Kyiv, Ukraine, on Dec. 3, 2025.
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Consolidation and capital: The new era of Ukrainian defense tech

by Dominic Culverwell

A party at a swanky downtown Kyiv restaurant feels a world away from the front lines of Russia's war against Ukraine. Yet its guests — defense analysts, consultants, and arms producers — are nonetheless shaping how the war is fought. The event's host was Skadi Law, a new firm focusing exclusively on Ukraine's fast-growing defense tech sector. Its arrival is not an isolated story, but part of a broader trend: an expanding network of venture capital funds, accelerators, consultancies, and media c

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Editor’s Note: In accordance with the security protocols of the Ukrainian military, soldiers featured in this story are identified by first name and call sign only. ZAPORIZHZHIA OBLAST – For tonight's clearing mission on the cold windy steppe of southern Ukraine, the munition of choice is the Spear. In a cramped dugout less than eight kilometers from Russian forces, Ukrainian soldiers prepare the bombs, taping wires and tail fins onto long tubes of black steel fitted with menacing iron spikes

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