Patriot Air Defense System: News

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For Ukraine's mil-tech startups, access to credit remains a battlefield

When a bank asked Ukrainian defense tech company TAF Industries to pledge its assets as collateral for a simple bank loan, the company faced a dilemma: it couldn't reveal the location of its manufacturing facilities. To prove the factory existed, TAF came up with a bold workaround — blindfolding bank officials and driving them to the site. "It worked — they gave us a loan," Volodymyr Zinovskyi, CEO at TAF Industries, told the Kyiv Independent in a cafe in downtown Kyiv. Well into the fifth ye

About Patriot Air Defense System

The Patriot is an advanced American air defense system capable of intercepting ballistic missiles, cruise missiles, and aircraft at ranges exceeding 150 kilometers (93 miles). Ukraine received multiple Patriot batteries from the United States and European partners from 2023 onwards for defense against Russian missile attacks. Patriots have successfully intercepted Russian Kinzhal hypersonic missiles and other advanced Russian weapons targeting Ukrainian cities.

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