Tech

Tuesday, February 18

Double Tap Investments has invested up to $300,000 in Ukrainian drone developer Black Forest Systems.

Double Tap Investments has invested up to $300,000 in Ukrainian drone developer Black Forest Systems. The Finnish-Ukrainian investment company has chosen to support the Ukrainian drone startup Black Forest Systems. The specific investment amount remains undisclosed, with the typical DTI check ranging ...

Monday, February 17

German gunsmiths and the Ukrainian defense industry: Multiple German companies are planning to increase their investment in Ukraine-based production capacities.

German gunsmiths and the Ukrainian defense industry: Multiple German companies are planning to increase their investment in Ukraine-based production capacities. Rheinmetall CEO Armin Papperger gave his assurance that he will not abandon plans to invest in Ukraine, even if the war ends this year, and will build a total of three factories. The first Rheinmetall...

Ukraine received 1.6 million rounds of ammunition through the Czech initiative, and Ukroboronprom is broadening its list of European partners.

Ukraine received 1.6 million rounds of ammunition through the Czech initiative, and Ukroboronprom is broadening its list of European partners. The Czech Republic will continue its initiative to supply Ukraine with artillery ammunition, through which Kyiv has already received 1.6 million shells. This initiative is funded at least until April,...

Tuesday, February 11

Using drones helps Ukraine to restrain the Russian offensive despite its shortage of military personnel.

Using drones helps Ukraine to restrain the Russian offensive despite its shortage of military personnel. In some areas along the front, the number of Russian troops exceeds those of the Ukrainian military tenfold, but the Russians cannot advance quickly because the Ukrainian defenders in these regions co...

Monday, February 10

Ukraine is preparing to deploy laser weapons against Russian UAVs and has significantly reduced Ukraine’s artillery disadvantage.

Ukraine is preparing to deploy laser weapons against Russian UAVs and has significantly reduced Ukraine’s artillery disadvantage. Ukrainian mobile fire groups will soon be equipped with laser weapons to counter Russian Shahed UAVs, said Vadym Sukharevsky, Commander of the Ukrainian Armed Forces’ Unmanned Systems Forces. Ac...

Tech4Good Global Challenge #1: Energy for Ukraine.

Tech4Good Global Challenge #1: Energy for Ukraine. In late 2024, Tech4Good Global Challenge #1: Energy for Ukraine, a private initiative led by independent experts in tech, energy, and public sectors, launched a global search for innovative energy sol...

Friday, February 7

Without sufficient government orders, private Ukrainian arms manufacturers operated at only 37% of capacity last year, while the Danish model works perfectly.

Without sufficient government orders, private Ukrainian arms manufacturers operated at only 37% of capacity last year, while the Danish model works perfectly. Last year, private arms manufacturers could have produced another 1.7 million drones and electronic warfare systems but lacked government contracts. These enterprises possess the ability to produce 4,...

Tuesday, February 4

Ukraine has made a significant advancement in the digitalization of international trade: How will exports be impacted?

Ukraine has made a significant advancement in the digitalization of international trade: How will exports be impacted? Ukraine has officially joined the international ePhyto Solution system (Electronic Phytosanitary Certificate System), enabling the exchange of electronic phytosanitary certificates with 124 countries ...

Thursday, January 30

The US will send missiles for the Patriot system from Israel to Ukraine, and the Ministry of Defense has begun production of licensed FPV drones.

The US will send missiles for the Patriot system from Israel to Ukraine, and the Ministry of Defense has begun production of licensed FPV drones. The US plans to transfer dozens of missiles for the Patriot air defense systems from Israel to Ukraine. This week, US aircraft transported about 90 interceptor missiles from Israel to Poland, from whi...

Ukrainian graphite is being tested for use in lithium-ion batteries.

Ukrainian graphite is being tested for use in lithium-ion batteries. BGV Group has completed laboratory and semi-industrial tests on the additional purification of graphite to battery quality, 99.99% purity, and the subsequent production of spherical graphite (SPG). Th...

Tuesday, January 28

The Ukrainian defense industry attracted $1.5B in 2024, 33% of which was provided through the Danish model.

The Ukrainian defense industry attracted $1.5B in 2024, 33% of which was provided through the Danish model. The ZBROYARI Manufacturing Freedom initiative attracted more than $1.5B to the Ukrainian defense industry in 2024. Most of these funds fell in the last quarter of the year, the Ministry of Strategic I...

Monday, January 27

Ukraine’s largest mobile operator plans to buy the Uklon taxi service and aims to become the biggest domestic IT investor.

Ukraine’s largest mobile operator plans to buy the Uklon taxi service and aims to become the biggest domestic IT investor. Ukraine’s largest mobile operator, Kyivstar, is discussing the possibility of acquiring Uklon, which has developed an online platform for ordering transportation and delivery. The price to purch...

Friday, January 24

Two Ukrainian defense startups in the fields of robotics and communications have attracted scaling investments.

Two Ukrainian defense startups in the fields of robotics and communications have attracted scaling investments. The Nezlamni Fund, created by the co-founders of Uklon, has invested in developing Frontline, which develops and produces robotic systems. The investment amount was not disclosed, but it is within the...

Thursday, January 23

While Ukraine seeks €18B in defense investment, the allies plan to discuss its security guarantees.

While Ukraine seeks €18B in defense investment, the allies plan to discuss its security guarantees. In 2025, the Ukrainian defense industry’s production potential could reach €34B, Defense Minister Rustem Umerov said at the annual conference of the European Defense Agency. He noted that this r...

Wednesday, January 22

The manufacturer of Leopard tanks and other weapons has formed a joint venture with a Ukrainian company.

The manufacturer of Leopard tanks and other weapons has formed a joint venture with a Ukrainian company. Minister for Strategic Industries Herman Smetanin announced the official opening of a joint venture between KMW (KNDS Deutschland) and a Ukrainian defense enterprise. The newly created company will sp...

Tuesday, January 21

Ukraine has learned to intercept a new Russian Shahed model and is creating a missile to counter the Oreshnik.

Ukraine has learned to intercept a new Russian Shahed model and is creating a missile to counter the Oreshnik. Ukrainian air defense systems recently intercepted a new type of Shahed drone marked with a “Ъ.” Russia is believed to have introduced its fourth series of Iranian-designed drones and achi...

Monday, January 20

The US secretly invested $1.5B in the production of Ukrainian drones.

The US secretly invested $1.5B in the production of Ukrainian drones. The US secretly allocated $1.5B in the Ukrainian drone industry’s development. The Biden administration declassified this data as part of the publication of documents detailing military aid to U...

EU countries plan to increase defense spending; Germany is confident that US aid to Ukraine will not decrease.

EU countries plan to increase defense spending; Germany is confident that US aid to Ukraine will not decrease. German Defense Minister Boris Pistorius has called for an increase in defense spending by at least €30B. “After the special fund is exhausted, we will need at least €85B from 2028,” he sai...

Thursday, January 16

A startup that counters disinformation campaigns raises $1.6M and plans to scale.

A startup that counters disinformation campaigns raises $1.6M and plans to scale. Ukrainian startup LetsData, which uses artificial intelligence to detect disinformation campaigns, has raised $1.6M in a pre-seed round led by SMOK Ventures, with participation from Wayra, Tilia Impac...

Wednesday, January 15

Five EU countries have created a working group to develop joint defense enterprises with Ukraine.

Five EU countries have created a working group to develop joint defense enterprises with Ukraine. After a meeting with his colleagues from Poland, France, Italy, and Britain, German Defense Minister Boris Pistorius noted that European arms manufacturers will only benefit if they utilize free produ...

Tuesday, January 14

Ukraine might hold the tank advantage over Russia for the first time since 2022.

Ukraine might hold the tank advantage over Russia for the first time since 2022. For the first time since the start of the full-scale Russian invasion in 2022, Ukrainian troops might have an advantage in tanks, although only in certain sections of the front. The main reason for th...

Friday, January 10

Ukraine and Denmark summed up the results of their cooperation under the Danish model: Ukraine’s Armed Forces have already received weapons worth €538M.

Ukraine and Denmark summed up the results of their cooperation under the Danish model: Ukraine’s Armed Forces have already received weapons worth €538M. In 2024, Ukraine and Denmark successfully implemented cooperation under the Danish model of financing in the Ukrainian defense industry. The primary sources of financing include: €125M from Denmark th...

Ukrainian factories are manufacturing components for Croatian demining machines.

Ukrainian factories are manufacturing components for Croatian demining machines. The Ministry of Economy has reported that Ukrainian company A3tech-Ukraine is manufacturing the working body for demining machines for Croatian company DOK-ING. The localization level for machines has...

Wednesday, January 8

The Ukrainian cybersecurity market has grown to $138M and will increase by another 50%.

The Ukrainian cybersecurity market has grown to $138M and will increase by another 50%. The Ukrainian cybersecurity market’s volume has grown by 300% over the past eight years, and in 2024 it amounted to $138B and will grow by another 50% over the next five years to reach $209M. Th...

Tuesday, January 7

Ukraine will attract $1B this year through the Danish model of arms procurement.

Ukraine will attract $1B this year through the Danish model of arms procurement. Ukraine will develop the Danish model, according to which partners purchase weapons from the Ukrainian defense industry for the needs of the Ukrainian military, and this program is expected to attract...

A historical precedent: Wind overtakes gas in UK electricity generation.

A historical precedent: Wind overtakes gas in UK electricity generation. For the first time in history, wind turbines provide more electricity in the UK than gas-fired power stations. Last year, wind power accounted for 29% of the country’s total energy mix, while gas-fire...

Monday, January 6

The Ukrainian military-industrial complex’s capacity increased by 500% in one year.

The Ukrainian military-industrial complex’s capacity increased by 500% in one year. In 2024, the government invested over ₴39B ($1B) in weapons production, allowing for an increase in the capacity of the domestic military-industrial complex by 500%, the Cabinet of Ministers reported....

Monday, December 23

What further defensive support have Ukraine’s partners promised?

What further defensive support have Ukraine’s partners promised? In January next year, the UK and its partners will supply Ukraine with thousands of combat drones as part of the Maritime and Drone Capability Coalitions. Britain will also continue training Ukrainian...

Thursday, December 19

Piraeus Bank sponsored the War & Politics Live event in Kyiv: What the Future Holds for Ukraine in 2025.

Piraeus Bank sponsored the War & Politics Live event in Kyiv: What the Future Holds for Ukraine in 2025. On December 13, the UBN Network hosted an event titled “WAR & POLITICS: POST US ELECTIONS – WHAT THE FUTURE HOLDS FOR UKRAINE.” As the general sponsor of UBN’s series of ev...

Monday, December 16

Ukraine will spend 10 times more on its defense than NATO countries in 2025; the EU is not ready for war with Russia.

Ukraine will spend 10 times more on its defense than NATO countries in 2025; the EU is not ready for war with Russia. Next year, Ukraine will spend about 25% of its GDP on defense, which is 900% more than European NATO allies’ average, NATO Secretary General Mark Rutte said during a keynote speech in Brussels. ...

Thursday, December 12

Ukraine is developing its own long-range weapons to counter Russia and is testing new missiles.

Ukraine is developing its own long-range weapons to counter Russia and is testing new missiles. The Ukrainian government is preparing for a reduction in Western military aid next year and is trying to increase its domestic weapons production capacity. The emphasis is on weapon systems that can p...

Private arms manufacturers say there are no government orders for 2025 to load existing capacities.

Private arms manufacturers say there are no government orders for 2025 to load existing capacities. In Ukraine, 75% of 31 private companies in the defense-industrial complex said they are not negotiating to conclude any government weapons contracts for 2025. Only 19% of manufacturers have transition...

Monday, December 9

Ukraine has narrowed the artillery gap with Russia and will soon gain a technological advantage.

Ukraine has narrowed the artillery gap with Russia and will soon gain a technological advantage. The Russian military has lost almost its entire advantage in the number of artillery shells it is able to fire over Ukraine in recent months due to production restrictions and Ukrainian strikes on amm...

Wednesday, December 4

Drone maker Helsing has become one of Europe’s most valuable startups.

Drone maker Helsing has become one of Europe’s most valuable startups. Helsing, valued at €5B, has become one of Europe’s most valuable startups, thanks to a surge in demand for drones and software for drones and fighter jets amid the war in Ukraine. The company ha...

Friday, November 29

Ukrainian IT exports may decline by 6% this year.

Ukrainian IT exports may decline by 6% this year. The decline in exports of Ukrainian IT services continues. Even under an optimistic scenario, by the end of 2024 the decrease in volume will be at least 4% compared to last year, and this figure could...

Thursday, November 28

Europe is funding Ukrainian weapon production due to its capacity constraints.

Europe is funding Ukrainian weapon production due to its capacity constraints. European allies, struggling to produce enough weapons for Kyiv’s war effort, are taking a new approach: giving Ukrainians money to do it themselves. Under the new approach, Europeans are funding gover...

Monday, November 25

Ukraine is developing ballistic missiles and could use them soon.

Ukraine is developing ballistic missiles and could use them soon. The WSJ noted that Ukraine is actively building rockets capable of striking deep behind enemy lines. Most of the program’s details are being kept secret, but Ukrainian officials have previously ...

Sweden and Lithuania are preparing investments in Ukrainian long-range weapon production.

Sweden and Lithuania are preparing investments in Ukrainian long-range weapon production. Sweden will soon announce the allocation of substantial funds for the development and production of long-range weapons for Ukraine, announced Swedish Defense Minister Poul Jonson. He said investments ...

Ukrainian companies take the lead in applying for international tenders within the Drone Coalition.

Ukrainian companies take the lead in applying for international tenders within the Drone Coalition. Ukrainian manufacturers have become the leaders in the number of applications for international tenders to produce interceptor drones through the Drone Coalition, submitting 32% of the total. In advan...

Wednesday, November 20

Ukraine has increased missile production and is preparing a financial basis for developing the domestic defense industry.

Ukraine has increased missile production and is preparing a financial basis for developing the domestic defense industry. Internal investment in weapons production and involving partners will form a reliable financial basis for the further development of the Ukrainian defense-industrial complex, President Zelenskyy said ...

Monday, November 18

Ukraine has begun mass production of EW-resistant drones and developed four types of missiles.

Ukraine has begun mass production of EW-resistant drones and developed four types of missiles. Ukrainian attack drone companies plan to increase their production of inexpensive and effective kamikaze drones that are not affected by Russian electronic warfare (EW) systems to an industrial scale ...

Norway will finance the production of weapons and equipment in Ukraine according to the Danish model.

Norway will finance the production of weapons and equipment in Ukraine according to the Danish model. Norway will mirror the Danish support format, which is direct financing of Ukrainian weapon and equipment production, allowing faster production and delivery of weapons to the front. In addition, the ...

Thursday, November 14

Ukraine has increased its annual arms production to $30B but has only $10B to purchase weapons for the military.

Ukraine has increased its annual arms production to $30B but has only $10B to purchase weapons for the military. Ukrainian enterprises that comprise the defense-industrial complex can annually manufacture products with a total value of $30B, Minister of Strategic Industries Herman Smetanin said. Ukraine has alre...

Wednesday, November 13

The Armed Forces of Ukraine have already received one million drones, and next year this number will increase significantly.

The Armed Forces of Ukraine have already received one million drones, and next year this number will increase significantly. In 2024, a million drones have already been delivered to the front, and 96% of them are Ukrainian-made, the Ministry of Digital Transformation reports. Brave1 defense cluster participants have already...

A Ukrainian pipe manufacturer invests $1B to maintain competitiveness in the global market.

A Ukrainian pipe manufacturer invests $1B to maintain competitiveness in the global market. Over the past several years, Interpipe, a Ukrainian producer of pipes and railway wheels, has invested about $1B in the construction of a modern electric steelmaking complex – Interpipe Steel, which a...

Thursday, November 7

A Ukrainian manufacturer of non-ferrous metal products launches a €19M cable production plant in Poland.

A Ukrainian manufacturer of non-ferrous metal products launches a €19M cable production plant in Poland. One of the largest producers of non-ferrous metal products in Ukraine, Electro Cable Group, launched a cable production plant in the Polish city of Zabrze in June. The key argument in Poland’s f...

American fund Green Flag Ventures is ready to finance up to six Ukrainian startups in the first half of 2025.

American fund Green Flag Ventures is ready to finance up to six Ukrainian startups in the first half of 2025. The American founders of Green Flag Ventures, Justin Zeefe, and Deborah Fairlamb, invest in Ukrainian defense startups with checks ranging from $100,000 to approximately $1.2M. By the end of 2024, the...

Monday, November 4

Ukraine has developed and plans to produce air defenses and ballistic missiles soon.

Ukraine has developed and plans to produce air defenses and ballistic missiles soon. Kyiv can start making its own ballistic and cruise missiles as early as the middle of 2025, said Director of the state enterprise Spetstechnoexport, Oleksiy Petrov. According to him, flight tests of U...

Friday, November 1

A Ukrainian developer of EW-resistant military communication systems receives funds for scaling, and defense startups attract $25M in foreign investment.

A Ukrainian developer of EW-resistant military communication systems receives funds for scaling, and defense startups attract $25M in foreign investment. A Ukrainian developer of communication systems, Himera, received an investment from the Nezlamni fund. Although the amount is undisclosed, it is within the standard range of the fund’s $100,000 ...

Thursday, October 31

The integration of Ukraine’s military-industrial complex into the EU’s defense industry will bring benefit for both sides.

The integration of Ukraine’s military-industrial complex into the EU’s defense industry will bring benefit for both sides. Andrius Kubilius, a member of the European Parliament nominated for appointment as European Commissioner for Defense in the new European Commission, stated: “I will be responsible for the implem...

Follow us