Oleg Denys, co-founder of SoftServe said of the former prison site: “The idea is to create a neighborhood where you can collect talents and have all the conditions for the development of these talents in the city, have futuristic offices, educational institutions.”... #SoftServeUkraine #SoftServewillbuildITcity
Lviv Mayor Andriy Sadovyy enthused: “SoftServe is one of the coolest companies in the IT market today in Ukraine…There will be a school, a kindergarten, sports infrastructure, and there will be workplaces.” #ITboomukraine #ITukraine #SofServeUkraine
Metinvest plans to build a $1 billion modern cold rolling mill at its Ilyich Metallurgical Plant in Mariupol, Yuriy Ryzhenkov, the company CEO announced to Ukraine 24 TV yesterday. He said: “Literally next week we will sign a contract for the construction of a new cold rolling mill. This is already a billion ... #ColdRollingMillUkraine #Metinvestproduction
UDP developers are moving ahead with three ‘IT cities’ – in Lviv, Kharkiv and Kyiv, said the company vice president, Vitaliy Melnyk. In September, the company will open its 18,000 square meter ‘business campus’ at LvivTech.City. With a total planned buildout of 110,000 square meters,... #UDP #UDPbuildsUnitCities #UDPdeveloperUkraine #UkraineUDPconstructioncompany
UNIT.City Kharkiv is to be twice as big, with 250,000 square meters of space, Melnyk told the press office of UFuture, the parent company. On this 9-hectare site, 3,000 square meters of school and office premises have opened. #TechnologyCenterKharkiv #UnitCityKharkiv
Renault and ZAZ, or Zaporizhia Automobile Building Plant, plan to produce 10,000 cars this year, rising from a seemingly terminal decline . Once Ukraine’s biggest car plant, ZAZ stopped car production in 2018. Last September, Renault Group signed an agreement with ZAZ to make cars for the domestic market. In the post-Soviet era, ZAZ pro... #NewCarProductionUkraine #RenaultinUkraine #ZaZandRenault
Seeking to get Ukraine’s weapons sales to Pakistan back on track, Ukroboronprom demonstrated the newest Oplot tank and the Skif anti-tank system last week in Kharkiv to Pakistani General Qamar Javed Bajwa. The de facto ‘CEO of Pakistan’, Gen. Bajwa is army chief of ... #PakistanBuysTanksfromUkraine #UkraineWeaponSales #WeaponsaletoPakistan
Bitcoin mining consumes as much electricity as Ukraine. Bitcoin consumes almost 150 TeraWatt hours, according to the Bitcoin Electricity Consumption Index run Cambridge University’s Centre for Alternative Finance. By contrast, Ukraine generated 150 TeraWat... #BitcoinMining #BitcoinMiningUkraine #BitcoinUkraine
Ukraine plans to join the European Space Agency, and build its own cosmodrome and launch seven satellites into orbit , said Volodomyr Taftay, the Head of the National Space Agency (First Business TV). Building on Ukraine’s rocket legacy from the Soviet era, the government has allotted $542 million to spend on the sp... #europeanspaceagency #UkraienTechnologies #UkraineEngines #UkraineSetelites
Elon Musk’s Space X is to launch the first satellite, Sich 2-1-30, in December 2021 under a $2 million contract , reports Defense.ua.com. Last month, Ukraine’s government allotted $3.25 million to complete a second satellite, Sich 2-30. This earth monitoring satellite would be 85% for civilian use and 15% for m... #ElonMaskRocket #SpaceX #SpaceXsetelite #UkraineSeteliteforSpaceX
Italy’s AVIO S.p.A has signed a €6 million agreement with Dnipro’s rocket design and production companies to produce 10 engines for European Space Agency’s Vega launch vehicle. The agreement extends a partnership that commenced in 2004 and resulted in the delivery of 20 rocket engines. Foreign Minister Dmytro Kuleba said: “The expansion of participation in the European Vega ... #AVIO #Dniprorocketdesign #europeanspaceagency #rocketengines
From Europe’s Spaceport in Kourou, French Guiana, the 16th successful launch of Europe’s Vega light-class launch vehicle equipped with a Ukrainian engine was carried out on April 29 2021. Launched into orbit were the main cargo, a 750 kg Pléiades Neo 3 satellite, four cubesats, and the Norsat-3 observation microsatellite for the Norwegian Space Agency.... #PivdenneDesignBureau #Setelites #UkrainianEngine
Aerospace firm Firefly, owned by Ukrainian businessman Max Polyakov, raised $200 million in investments as the result of the first round of venture funding. The company’s value has exceeded $1 billion, according to a press release from Firefly. #AerospaceFireFly #FireFly
Major Firefly shareholders includes Dada Holdings, Astera, Canon Ball, Reuben Brothers SMS Capital Investments . Astera spokesman Jed McCaleb will now join Firefly’s Board of Directors. #FireFly #FIreFlyinvestors #Fireflyrocket
The company says that by the end of 2021 it hopes to raise another $300 million. They want to start a new round of attracting investments after the launch of the Alpha rocket, which is planned for July 2021. #Alpharocket #FireFly
Firefly Aerospace is a privately held aerospace company that provides space transportation services from low Earth orbit to the moon. Firefly offers launch, space travel and landing on the lunar surface using the Alpha, Beta, SUV and Blue Ghost platforms and participates in NASA space projects. In 2017, after bankruptcy, the company... #FireFly #Fireflyrocket #MaxPolyakov #NASA
Ukraine will supply gas turbine engines for Turkey’s new ATAK-II combat helicopters, reported the Ukrainian Military Portal. The 11-ton helicopters will be twice as large as current attack helicopters now produced by Turkey. Temel Kotil, General Director of Turkish Aerospace Industrie... #Atak2Engines #TurbineEngines #UkraineTurkey
U.S. intelligence agencies helped Ukraine foil 350 Russian cyberattacks during the first quarter of this year , US News reports, citing a Ukrainian embassy official in Washington. By comparison, Ukrainian security services interrupted 600 attacks during all of last year, reports Interfax-Ukraine. On Monday, A... #RussianSyberattacks #SyberAttacks #SyberSecurity
Future Russia-Turkey military production cooperation depends on Ankara’s moves, Russian Deputy Prime Minister Yuri Borisov warned yesterday when asked by Interfax how Russia would respond to Turkey’s planned sale of attack drones to Ukraine. On Tuesday, Turkish Foreign Minister M...
The new engines account for half of a €170 million upgrade of the state company’s fleet . Work is to be done at the Ukrainian Danube’s Kiliya shipyard, about 50 km down river from the company headquarters in Izmail, Odessa. The company is talking to the EBRD and the Belgian government ab... #ebrd #EBRDandUkraine #EnginesforBoats
Poland’s BGK Bank has agreed to fund 60% of the first phase of Lviv’s Innovation District IT Park, the technology park has reported. The State-owned Bank, Gospodarstwa Krajowego, will loan €81.5 million for the €136 million first phase of development. With a first phase expected to be completed by ... #BGK #LvivDevelopment #LvivPark #RealEstateInvestments
During the first quarter of Brexit, Ukraine’s exports to the UK increased by 38% yoy, with IT services emerging as the top sector, said Vadym Prystiako, Ukraine’s Ambassador to Britain during the Ukrainian Prism discussion. “At this rate, Britain will become one of our main trade partners by the end of this year,” he said. Noting... #ITexport #ITforEngland #ITservices #ITukraine
The World Bank is discussing a $200 million loan for improving IT higher education , the Finance Ministry wrote on Facebook. The funds will be spent on computers and to tailoring university curricula to real world employer needs. The Digital Transformation Ministry has set a goal of... #DigitalTransformation #InvestinUkraine #ITeducation #ITukraine #worldbank
At least 1,000 highly skilled engineers would have been required to develop the code that hijacked widely used network software from US-based SolarWinds to deploy malware around the world, Microsoft President Brad Smith told the Senate Intelligence Committee in Washington Tuesday. Smith said: “We’ve seen substantial evidence that points to the Russian foreign intelligence agency, and we... #HackerattacksonUkraine #KarpathiansskiResorts #Luhansk #markarova #newsaboutukraine #PakistanTanks #RussianHackers #ukraine #UkraineandPakistan #ukroboronprom
