Ukraine is increasing long-range drone production to 500 units per month, and the state is increasing funding by ₴15.5B. Ukraine is increasing its production of long-range drones, which should help the Armed Forces bypass restrictions on the use of weapons obtained from Western countries for strikes on Russian territory... #DefenseIndustryUkraine #DroneProduction #UkrainianDrone #UkrainianWeapons #WarinUkraine
A Ukrainian FPV drone manufacturer is launching the Defense Tech Innovation Hub to accelerate the implementation of innovations at the front. The Innovation Hub from TAF Drones is designed to minimize the time between the development of promising technologies and their implementation on the front. According to estimates, the number of promi... #DefenseInnovations #DefenseTechnology #DroneProduction #InnovationHub #TAFdrones
The drone coalition has collected almost €500M for the Ukrainian Armed Forces, and Ukraine is seeking foreign customers for its domestic defense industry. The Latvian-initiated drone coalition has raised almost €500M to purchase drones for the military. Denmark and the Netherlands announced a €400M joint drone purchase, Canada – €70M, Latvia ̵... #DefenseIndustryUkraine #DroneProduction #DronesCoalition #dronestoUkraine
Innovative Ukrainian startups will be able to compete for a €10,000 business development grant. The European Institute of Innovation and Technology (EIT) is launching a pre-acceleration program for start-up entrepreneurs from Ukraine — Rebuild Ukraine. The program teaches teams to form effective... #GrantsForBusiness #InnovateUkraine #RebuildUkraine #Startups #UkrainianStartUP
A German company will open a second defense plant in Ukraine, and the Netherlands is allocating €200M for air defense and artillery shells. German UAV manufacturer Quantum-Systems will open a second drone production facility in Ukraine with a capacity of up to 1,000 UAVs per year, including the production of spare parts. The manufacturer ... #DefenseIndustryUkraine #DroneProduction #MilitaryAidforUkraine #QuantumSystems #WarinUkraine
Ukraine has increased its production of Bohdana self-propelled guns to 10 per month. This signals that the Ukrainian defense industry is ready to enter foreign markets. In April, the Ukrainian defense industry will produce 10 self-propelled Bohdana artillery systems for the first time, said President Volodymyr Zelenskyy. “The share of our own production is cons... #BohdanaSPG #DefenseIndustryUkraine #TarasChmut #WeaponsProduction #Zelenskyy
Four waste processing plants with a capacity of 500,000 tons will be built in the Poltava region, at a cost of $130M. By the end of May 2024, the Poltava, Lubny, Kremenchuk, and Kobelyaky communities will determine construction sites for new waste processing plants. The planned enterprises will be able to fully proce... #ForeignInvestor #investments #Poltava #WasteProcessingPlant #WasteRecycling
Ukraine is working on two projects with the capacity to produce up to 1,700 MW of pure hydrogen. Among the most developed hydrogen projects in Ukraine is the H2U Hydrogen Valley project, which is being implemented by the Voden Ukrainy company. Two renewable hydrogen plant valleys are being create... #H2U #Hydrogen #HydrogenProduction #RenewableEnergy
Ukraine will build 10 GW of capacity to produce renewable hydrogen, which the EU urgently needs. Currently, hydrogen production in Ukraine is approximately 360,000 tons per year, used mainly to produce ammonia. Although this is only 0.5% of global demand, with technological development and invest... #energyukraine #GreenHydrogen #HydrogenProductionUkraine
Venture capital investors have recognized Ukrainian Haiqu as one of the most promising quantum startups. After interviewing investors, Sifted published a rating of the 11 most promising quantum computing startups, including the Ukrainian startup, Haiqu. In 2023, European quantum start-ups received $781M ... #Haiqu #investments #MykolaMaksymenko #QuantumComputing #RichardGivan #UkrainianStartUP
Ukraine launches an accelerator for military startups. The Defence Builder Accelerator program was launched for startups that are interested in creating innovative solutions with military applications and who are also ready to develop projects at the mili... #DefenceBuilderAccelerator #DefenseIndustryUkraine #DefenseStartups #DefenseTechnology #investments
Ukraine is massively increasing its weapons production to fight back against Russia. Ukraine needs every advantage to repel Russia from its territory, and one such factor is the small but fast-growing Ukrainian defense industry, into which the government is pouring money. These effort... #DefenseIndustryUkraine #WarinUkraine #WeaponsProduction
Kyiv plans to build a cutting-edge defense enterprise to produce drones. A facility will be built in the Ukrainian capital – a utility company that will be subordinate to the Kyiv City Administration and be engaged in drone production. The company’s authorized ... #DefenseIndustryUkraine #DefenseTechnology #DroneProduction #KyivInvestment
The government is simultaneously preparing two new financial support mechanisms for Ukrainian arms manufacturers. Ukraine’s military-industrial complex currently consists of 500 defense companies, 80% of which are private. Before the full-scale war began, private companies occupied 20% of the market. In 2023, Ukr... #DefenseIndustryUkraine #DefenseTechnology #oschadbank #UkraineMilitaryIndustry
Ukraine is calling on its Western allies to finance its domestic arms production. According to the FT, Kyiv’s recently increased production capacity significantly exceeds the funds available to place orders. “The fastest way to start production is to do it in Ukraine. We are ... #AlexanderKamyshin #DefenseIndustryUkraine #DroneProduction #UkrainianDrone #WeaponsProduction
Experts name the conditions that will ensure a 5-10% increase in the export of Ukrainian IT services. The director of the Lviv IT Cluster, Stepan Veselovsky, believes that the IT industry can increase export revenue by 5-10% in a year if effective and transparent mechanisms for booking key employees a... #ITsectorinUkraine #LvivITcluster #UkrainianITcompany
A Ukrainian startup developing secure communications for the military has attracted over $500,000 in investment. Ukrainian defense start-up Himera, which creates tactical communication devices for the Armed Forces, has attracted $525,000 in investment from the United Angels Network and several private investors.... #DefenseStartups #Himera #StartUpinvestments #UkrainianStartUps
France is planning joint production of weapons with Ukraine and could send its army to Ukraine, but only under certain conditions. The Minister of Defense of France, Sebastien Lecornu, said that strategic partnerships are being prepared between French and Ukrainian defense enterprises to facilitate cooperation in the production o... #DefenseIndustryUkraine #Delair #EmmanuelMacron #FranceMilitaryAid #NATOsoldiers #NexterKNDS #SébastienLecornu #WarinUkraine
Ukrainian space startup attracts $4M in investment. Kurs Orbital, founded by Ukrainian space industry veterans, has raised $4M to accelerate the commercialization of its satellite maintenance technology. Based in Turin, Italy, Kurs Orbital led the seed... #AerospaceTechnology #KursOrbital #StartUpinvestments #UkrainianStartUP
An American-founded investment fund plans to invest in eight Ukrainian startups this year. The co-founder of the investment fund Green Flag Ventures, Deborah Fairlamb, said the fund will invest in several Ukrainian startups, with financial commitments ranging from $100,000 to about $1.2M. B... #AstraNav #DeborahFairlamb #GreenFlagVentures #JustinZeefe #StartUpinvestments #UkrainianStartUP
Ukraine is discussing cooperation and investment in the electric car market with Japanese automobile giants. Ambassador of Ukraine to Japan Serhiy Korsunskyi said: “We visited the Nissan plant, where electric cars are assembled, and spoke with the management about what needs to be done so that such man... #ElectricCarProduction #InvestmentsinUkraine #LithiumMiningUkraine #SerhiyKorsunskyi #UkrainianLithium
Ukraine needs €4B to invest in waste processing. The Ministry of Environmental Protection and Natural Resources has identified more than 200 waste processing projects as part of its waste management reform strategy. According to the department’... #InvestmentsinUkraine #OdesaWastePlant #RuslanStrilets #WasteProcessingPlant #WasteRecycling
A Ukrainian start-up that extracts carbon dioxide from the atmosphere has attracted €1.5M in investment. The Ukrainian startup Carbominer, which captures carbon dioxide from the air, received a €1.5M grant from the EIC Accelerator Fund. Carbominer has already received a grant from the EBRD in 2022. In 20... #Carbominer #investments #NickOseyko #StartUpinvestments #UkrainianStartUP
The UVCA has opened a hub in Brussels for business cooperation with the EU. The EU Business Hub, which includes an investment platform for promoting projects and cooperation between Ukrainian and European businesses, a business club, and the Seven Camp acceleration program, w... #AndriyKolodyuk #business #BusinessHub #investments #UVCA
New Ukrainian IT startups are being offered grants of up to $50,000 for development. The Ukrainian Startup Fund and the Western NIS Enterprise Fund are grant programs that support Ukrainian technology companies, with a total budget of $2.5M. The program will provide opportunities to r... #GrantsForStartups #StartUpinvestments #UkraineITstartups #UkrainianStartUP #UkrainianStartupFund
Ukrainian defense startups are eligible for $200,000 in development investments. Ukrainian and American companies in the field of leading defense technologies have launched a program to support Ukrainian technology startups in the defense field called MITS (“Power”). T... #DefenseInnovations #DefenseStartups #investments #MITS #UkrainianStartUP
British equipment and machinery worth hundreds of millions of pounds continue to enter Russia. While British exports to Russia have fallen sharply, exports of drones, optical devices, and heavy engineering products to several former Soviet countries, from Uzbekistan to Georgia, have grown unpre... #ArmyEquipmentImport #circumventionOfSanctions #DualUseGoods #ExportToRussia #SanctionsAgainstRussia
The Japanese government has invested $20M in a private venture fund focused on supporting Ukraine. The Japan International Cooperation Agency (JICA) will invest $20M in the American venture fund Horizon Capital Growth Fund IV. This is a historic event, as it is the first investment Horizon Capital ... #HorizonCapital #investments #JICA
A new venture capital fund is ready to invest in Ukrainian start-ups. This year, the venture fund SMG Capital and venture builder SMG Builder were launched in Ukraine. The expected total amount of the fund is $10M, said VC fund partner Oleksandr Shynkarev. Currently, th... #SMGBuilder #SMGCapital #StartUpinvestments #UkrainianStartUP #VentureCapitalFund
Google allocates another $10M to support Ukrainian startups. Technology giant Google launched the second fund within the Startup Ukraine Support Fund initiative with a budget of $10M to support Ukrainian startups during 2024 and 2025. As in the first stage, the... #Google #GoogleForStartups #StartUpinvestments #UkrainianStartUP
A Ukrainian recruiting startup has raised $2M from a Polish VC fund. PeopleForce attracted a $2M investment from the Polish venture fund Pracuj Ventures. It is noted that these funds will be used to further develop HRM solutions and automate processes in human resource... #AndrewCetinic #PeopleForce #PracujVentures #StartUpinvestments #UkrainianStartUps
Ukraine plans to introduce preferential conditions for manufacturers of electric vehicles and use domestic lithium to manufacture batteries. “We plan to establish the production of electric cars for domestic needs and export. Our domestic needs are so high that, in the next 5-10 years, we can work to saturate the national market,R... #DenysShmyhal #ElectricCarProduction #LithiumUkraine #UkraineEconomy
Ukraine calls on its partners to create new international cyber deterrence tools: What was discussed at the first annual international forum on cyber security in Kyiv? Only new international cyber deterrence solutions will strengthen threat resistance: Results from the Kyiv International Cyber Resilience Forum 2024. For two days, February 7-8, representatives of the... #Cyber #CyberSecurity #CyberUnit #CyberWar #GeorgeDybinksy #KaterynaChernogorenko #KyivCyberForum #MykhailoFedorov #YegorAushev
Ukraine has increased its drone production by 900% in six months and is preparing to mass-produce analogs of Russian Lancets. Ukraine is actively increasing the production of drones, which find a wide range of applications – from replacing artillery shells, which are in short supply, to striking ships of the Russian Bl... #DefenseIndustryUkraine #DefenseTechnology #DroneProduction #UkrainianDrone
Drone manufacturer Bayraktar launches plant construction near Kyiv, the US is doubling its ammunition production, and Ukraine will buy Swedish infantry fighting vehicles. The Turkish defense company Baykar has started constructing a factory near Kyiv, where TB2 or TB3 drones will be manufactured, said the company’s director, Haluk Bayraktar. The facility’s production c... #AmmunitionForUkraine #Bayraktar #Bayraktarproduction #CV90IFV #DouglasBush #HalukBayraktar #WeaponsProduction
Analysts and market participants provide a forecast for the development of Ukraine’s IT sector in 2024. Last year, for the first time in history, the Ukrainian IT industry has experienced a reduction in the volume of its service exports, to $6.7B, which is 8.5% or $622M less than the figure for 2022. Am... #EPAM #ITservices #KharkivITcluster #UkraineITexport #UkrainianITcompany
Ukrainian manufacturers have increased drone production 100 times. Today, the state can contract 67 variants of Ukrainian drones that have passed the admission procedures. In 2022, there were only seven of them. Currently, 200 companies related to the production of d... #DefenseIndustryUkraine #DroneArmy #DroneProduction #UkrainianDrone
A Ukrainian agriculture company is constructing an elevator using green technologies. Agrosem received a €1M, five-year loan from Raiffeisen Bank to build a grain elevator with a capacity of 22,000 tons. The facility at the MOST Logistic Terminal will allow farmers to transship 400,000... #Agrosem #agroUkraine #GrainElevator #RaiffeisenBankUkraine
Ukraine is building its military power at the end of the war’s second year. Last year, Ukraine significantly scaled up its UAV production. Notably, 67 models of Ukrainian drones received codification, and 58 received a state contract. In total, more than 200 Ukrainian compani... #DefenseIndustryUkraine #DroneProduction #QuantumSystems #VladyslavBelbas
A French billionaire will pay $500M for a Ukrainian mobile operator. The French investment company NJJ Capital agreed to pay $500M for the Ukrainian carrier Turkcell Iletisim Hizmetleri AS. Turkcell announced the sale of its Ukrainian business, including Lifecell, at t... #investments #LifeCell #NJJCapital #Turkcell #XavierNiel
Rheinmetall will build a new defense plant in Germany, and a German company will donate 100 drones. The Rheinmetall concern will build a new factory in Germany to increase its ammunition production. The new production capacity is planned to be constructed in what would be a record short time, said t... #AmmunitionForUkraine #dronestoUkraine #QuantumSystems #Rheinmetall #TrinityDrones #WeaponsProduction
Ukrainian Releaf Paper plans to invest €500,000 in production and attract €16M in investment. The Releaf Paper startup is investing €500,000 in a raw material production project in Ukraine, the company’s top manager, Oleksandr Sobolenko, said. He plans to start implementing the project i... #investments #OleksandrSobolenko #ReleafPaper
Ukrainians have been switching to electric cars during the war, and automotive imports have increased by 300% compared to the pre-war year of 2021. In 2023, Ukraine imported a record number of electric cars – 37,953 units. This indicator exceeds 2021’s corresponding figure by 300%. According to 2023’s results, electric cars now account for 10% of... #CarMarket #ElectricCars #UkrainecarsSales
A Ukrainian enterprise will participate in a project to produce hydrogen-powered cars in the EU. Centravis and French company Duncha France will participate in a project to produce vehicles with hydrogen engines in the EU. This is the first vehicular hydrogen project in Centravis’ history. The co... #Centravis #DunchaFrance #HydrogenPoweredCars
Ukraine is betting on joint weapons production in its territory, and the EU promises to produce 1.3 million shells by the end of the year. Ukraine is interested in creating joint production facilities with Western defense companies and its defense industry, said Deputy Minister of Defense of Ukraine Ivan Gavryliuk. “Now our private... #AmmunitionForUkraine #DefenseIndustryUkraine #ThierryBreton #WeaponsProduction
Norway will allocate $95M to produce ammunition, including ammunition for Ukraine, and Estonia has found a way to gather at least €120B in aid. Norway will allocate two billion kroner ($190M) to increase ammunition production and develop the country’s defense industry potential. Half of this amount ($95M) will be received by Norwegian p... #AmmunitionForUkraine #BjornArildGram #KajaKallas #Nammo #UkraineFund #WeaponsforUkraine #WeaponsProduction
A Ukrainian-British car loan optimization start-up attractes £15.5M. London-based startup Carmoola, whose founders include Ukrainians, has raised £15.5M to develop its online platform, which offers a “buy now, pay later” option for car purchases. The total ... #Carmoola #investments #StartUp #StartUpinvestments
The state will focus on launching joint defense enterprises with Western companies and developing industrial parks. In 2024, Ukraine aims to create joint defense enterprises with Western companies and localize the production of weapons, demining equipment, and other military equipment, Minister of Economy Yulia Svy... #DefenseEnterprises #DefenseIndustryUkraine #IndustrialPark #UkraineEconomy #YuliyaSvyridenko
A German arms company will open a repair plant in Ukraine, and Sweden allocates $5M to the NATO fund for Ukraine. German MP Marcus Faber said that German defense company Flensburger Fahrzeugbau Gesellschaft (FFG) has started constructing a service center for armored vehicles in Ukraine. According to him, deployin... #DefenseIndustryUkraine #FFG #GermanyMilitaryAid #MarcusFaber #WarinUkraine
A Ukrainian-British AI-based recruiting startup has attracted $500,000 in investment. With the assistance of the World Bank, the Kazakh venture fund White Hill Capital invested $500,000 in AI recruiting service JobCannon. The company does not disclose its valuation estimate, but it is ... #ArtificialIntelligence #JobCannon #PeterKolomiets #StartUpinvestments
