The following is the Oct. 22, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. As Russia makes its slow and steady advances in Ukraine’s eastern Donetsk Oblast, its troops are closing
According to the drone's developers, the Wild Hornets group, "Sting" will be able to fly at altitudes approaching 10,000 feet, with a speed of over 100 miles per hour. It is the first drone specifically developed to target Russia's arsenal of Shaheds.
Commander-in-Chief Oleksandr Syrskyi called Ukraine the leader in the development of interceptor drones.
According to Anduril, their new drones will be capable of flying for 40 minutes and covering a range of 20 kilometers (12 miles).
The following is the Oct. 8, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Public reactions, particularly from the business community, to increasing taxes continue to mount as the bill makes its
Ukraine has become a hotbed of defense innovation, as Russia’s deadly invasion fuels a rapid development of new battlefield technologies. Kyiv now aims to become a global leader in the defense sector, but with its economy drained by the war, it needs foreign investment to accomplish its goal. Ukraine
The U.S.-based AeroVironment signed an agreement with a Ukrainian company to localize its production of Switchblade 600 loitering munitions, marking the latest of several recent agreements between Ukrainian and foreign companies to produce weaponry in Ukraine.
The following is the Sept. 17, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukraine passes latest IMF review Ukraine passed its latest loan program staff review with the International Monetary Fund
Ukraine’s low-budget tech wizardry has stunned Western audiences since the war’s outset. Soldiers operating out of front-line garages have modified donated artillery, rehabbed captured weapons, amped up off-the-shelf drones, and coded software to streamline it all. Given all the attention, a number of enterprising Ukrainians have turned their
It costs less than $1 million to produce each new Palianytsia, Fedorov told the Associated Press. The military aims to further decrease costs by collaborating with private companies.
These companies are owned by oligarchs with ties to the Russian defense industry, and they have funneled millions of chips and sensors to sanctioned defense tech firms in Russia.
Just a month after the U.S. Congress approved the much-awaited aid package for Ukraine, U.S. Secretary of State Antony Blinken visited Kyiv with a clear message: Washington supports the embattled country despite political bickering and the ongoing election campaign. Blinken also announced a special military-industrial complex development and
Nearly 100% of drones Ukraine’s Armed Forces use in Russia’s war are developed domestically, Deputy Defense Minister Dmytro Klimenkov said on June 1.
The robots perform a variety of battlefield functions, including combat with machine guns, demining, and evacuating wounded soldiers.
The sources in the General Staff of Ukraine's Armed Forces told the outlet that Ukrainian efforts to counter drones by electronic means were becoming less effective as Moscow's forces adapted to changes in technology.
The EU is assessing imposing sanctions against over a dozen companies that continue to supply Russia with weapons technology, such as navigation systems for missiles, Bloomberg reported on April 23.
Ukraine's military needs younger men not only because they are physically fitter than older men but also because they can master technology used on the battlefield faster, President Volodymyr Zelensky told French YouTuber Hugo Travers in an interview published on April 21.
President Volodymyr Zelensky held a three-hour meeting on April 1 to discuss drone production and electronic warfare systems with senior members of the military and government.
The British company Evolve Dynamics is focusing on developing drones for the Ukrainian military that are able to withstand electronic warfare, Reuters reported on March 28.
Ukraine plans to mass-produce mobile robots capable of mining, demining, operating attack drones, evacuating wounded soldiers, and transporting ammunition, Digital Transformation Minister Mykhailo Fedorov announced on March 12.
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 Dynamics, a U.K. engineering company specializing in
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