Defense IT company TEKEVER, with offices in Ukraine, became a unicorn after attracting $500M. Portuguese IT startup TEKEVER, specializing in developing AI-equipped reconnaissance drones, raised approximately $500M in investment, boosting its valuation to $1.25B. Investors fully supported this ... #DefenseIndustry #DefenseInvestments #DroneProduction #QuantumSystems #TEKEVER #VectorDrone
A German drone manufacturer with assets in Ukraine raises €160M and becomes a unicorn. Autonomous UAV manufacturer Quantum Systems from Germany has secured €160M in Series C funding, led by the British venture capital firm Balderton Capital. The funds will be used for researching and de... #BaldertonCapital #DroneProduction #DroneTechnology #Germany #investments #MykhailoFedorov #QuantumSystems
The Armed Forces of Ukraine are more than tripling the number of its remotely operated troops. Anticipating further issues with US military assistance, the Ukrainian Army is significantly expanding their unmanned systems and drone usage to compensate for the lack of heavier weaponry. Announced ... #DefenseTechnology #DroneProduction #UkrainianArmedForces #UkrainianDrone #WarinUkraine
Ukraine has emerged as the world’s leading producer of FPV drones, manufacturing over 2.2 million UAVs annually, with the domestic defense industry capable of producing up to 10 million units. During the Ukrainian Weapons 2024 briefing, Defense Ministry officials reported on the defense-industrial base’s rapid expansion in order to meet modern warfare’s demands. The CEO of Tenco... #DefenseIndustryUkraine #DroneProduction #FPVdrones #HermanSmetanin #TencoreLLC #UkrainianWeapons
Ukrainian gunsmiths increased their production by more than 200% in 2024, and will continue to grow this year. In 2024, total arms production volume in Ukraine amounted to $10B, which is 200% more than in 2023 and 900% more than in 2022. However, Ukrainian manufacturers are only operating at 30-40% of their ca... #DefenseIndustryUkraine #DefenseTechnology #DroneProduction #UkrainianWeapons #WeaponsProduction
US startups are collaborating with Ukrainian manufacturers to develop superior drones for the Pentagon. US defense startups have partnered with Ukrainian manufacturers to produce better, war-tested drones for the US military. The Americans have invested billions of dollars in venture capital to develop ... #CX2 #DefenseIndustryUkraine #DefenseInvestments #DefenseStartups #DefenseTechnology #DroneProduction #Pentagon #USdefense
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 ... #BlackForestSystems #DefenseIndustryUkraine #DefenseStartups #DoubleTapInvestments #DroneProduction #investments
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... #DefenseTechnology #DroneProduction #FPVdrones #OleksandrSyrskyy #Pokrovsk #UkrainianDrone #WarinUkraine
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... #DefenseTechnology #DroneProduction #JakeSullivan #UkrainianWeapons #WeaponsProduction
Ukraine receives the first tranche of EU funds from frozen Russian assets. Ukraine received €3B from the EU as part of the ERA initiative, the first tranche of EU funds provided by revenue from frozen Russian assets. Ukraine will direct this to priority budget expenditures. ... #DroneProduction #G7 #Italy #RussianAssetsProfits #SupportUkraine #Zelenskyy
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.... #DefenseIndustryUkraine #DroneProduction #UkrainianWeapons #WeaponsProduction #Zelenskyy
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... #ArtificialIntelligence #DefenseTechnology #DroneProduction #Germany #Helsing
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... #DefenseIndustryUkraine #DefenseTechnology #DroneCoalition #DroneProduction #NEDS
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 ... #DefenseIndustryUkraine #DefenseTechnology #DroneProduction #UkrainianWeapons #WeaponsProduction
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... #Brave1 #DefenseIndustryUkraine #DefenseSpending #DefenseTechnology #DroneProduction #UkrainianWeapons
Ukraine has exceeded its drone production plan and brought more than 900 new models of military equipment into service. Deputy Minister of Defense Ivan Gavryliuk said that Ukraine exceeded planned drone production, which former Minister of Industry Oleksandr Kamyshyn spoke about at the end of last year. Then, Kamyshyn ... #AlexanderKamyshin #DefenseIndustryUkraine #DroneProduction #IvanGavryliuk #UkrainianDrone #WeaponsProduction
Ukraine will receive about $5B to produce drones; the opening of defense product exports is under consideration. President Volodymyr Zelenskyy said that by the end of the year Ukraine will receive another $4-5B for domestic drone production. Zelenskyy specified that the state spent about ₴120B ($3B) on domestic ... #DefenseIndustryUkraine #DroneProduction #RustemUmerov #UkrainianWeapons #WeaponsExport #Zelenskyy
Investment in Ukrainian defense startups may reach $50M this year. According to a study by the KSE and Brave1, in 2023 Ukrainian defense startups attracted up to $5M in investment; in 2024 the amount may reach $50M. The average investment round size increased from $5... #Brave1 #DefenseIndustryUkraine #DefenseInvestments #DefenseTechnology #DroneProduction
Brave1 defense cluster participants have already received $8M in grants from the state. According to Minister of Digital Transformation Mykhailo Fedorov, companies registered on the Brave1 platform have already received $8M in grants from the state to develop their technological startups... #Brave1 #DefenseInvestments #DefenseTechnology #DroneProduction #Grants #MykhailoFedorov
The Netherlands has sent its first F-16 fighter jets to Ukraine and allocated €400M for drone development. The Netherlands will allocate €400M to develop drones for Ukraine, and if the program is successful, they are ready to increase funding, the country’s Defense Minister Ruben Brekelmans said. The... #DefenseIndustryUkraine #DroneProduction #F16 #Netherlands #RubenBrekelmans
Ukraine is counting on 500% growth in the domestic defense industrial complex by the end of the year. During the first eight months of the year, weapons production in Ukraine increased by 100% compared to the same period last year, Prime Minister Denys Shmyhal said at DFNC2. According to him, weapons ... #DefenseIndustryUkraine #DenysShmyhal #DFNC2 #DroneProduction #UkrainianWeapons #Zelenskyy
Ukrainian UAV manufacturers will be able to increase their production and sales, now able to participate in Drone Coalition tenders. For the first time, Ukrainian manufacturers of unmanned technologies will be able to participate in Drone Coalition tenders within the framework of the Contact Group on Defense of Ukraine (Ramstein fo... #DefenseIndustryUkraine #DroneCoalition #DroneProduction #FPVdrones #Ramstein
Ukraine is building underground factories to produce weapons and developing cheap means of combating drones. President Zelenskyy said that Ukraine is creating underground weapon production plants that will be able to provide the Armed Forces in the event of a delay in military aid from Western partners. At t... #DefenseIndustryUkraine #DefenseTechnology #DroneProduction #WarinUkraine #WeaponsProduction
Production of German Vector drones has been launched in Ukraine. German UAV manufacturer Quantum-Systems launched a factory that will produce Vector unmanned systems for the Armed Forces of Ukraine in the spring. Currently, the drones are assembled from components ... #Defense #DroneProduction #GermanDrones #VectorDrone
The newest Ukrainian military innovation, the Palyanytsia, costs less than $1M, and expansion of production is planned. Ukraine has developed a new long-range weapon that will allow it to strike deep into Russia without asking for permission from allies – its own rocket-drone hybrid, Palyanytsia. On Independence Day, P... #DefenseUkraine #DroneArmy #DroneProduction #Palyanytsia #PalyanytsiaDron
Ukraine can produce three million UAVs per year, and Brave1 will focus on supporting the missile program. Ukraine has sufficient production capacity to make more than three million drones every year if sufficient funding is in place, Deputy Minister of Industry Anna Gvozdyar said at the Precision Brave1 h... #Brave1 #DefenseIndustryUkraine #DroneProduction #MykhailoFedorov
A Ukrainian company has invested $3.5M in the production of UAVs in Slovakia. Oleksandr Stepura, the founder of Skyeton, which manufactures ACS-3 (Raybird-3) reconnaissance systems, said that Raybird drones began to be manufactured in Slovakia this spring. The Raybird has been ... #DefenseIndustryUkraine #DefenseTechnology #DroneProduction #Raybird3 #Skyeton #Slovakia
Boeing and Antonov signed a preliminary agreement to cooperate in the production of drones. The American Boeing Corporation and the Ukrainian company, Antonov, signed a preliminary joint work agreement for the production of unmanned systems to support Ukraine’s defense industry. The me... #ANTONOV #Boeing #DefenseIndustryUkraine #DroneProduction #ScanEagle
The Czech Republic launches the production of drones for Ukraine. The Czech-Ukrainian company, UAC, near Kolin, began producing military drones exclusively for the Ukrainian army. The company plans to make hundreds of surveillance and attack drones every year. The m... #CzechRepublic #DefenseIndustryUkraine #DroneProduction #NATO #UAC
Ukraine has equaled Russia’s ability to manufacture Shahed drone analogs. General Director of Ukroboronprom Herman Smetanin stated: “In 2024, Ukraine will catch up with the Russian Federation in the production of kamikaze drones similar to the Shahed-131 and Shahed-13... #DefenseIndustryUkraine #DroneProduction #HermanSmetanin #KamikazeDrones #ukroboronprom
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
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
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
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
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
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
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
Ukraine has started production of a Shahed drone analog and plans to increase weapon production by 62%. A domestic Shahed drone analog with a 1,000-km range has already been ordered by the Ukraine Defense Forces, said General Director of Ukroboronprom Herman Smetanin. The state defense company has also ... #DefenseIndustryUkraine #DroneProduction #HermanSmetanin #ukroboronprom #WeaponsProduction #WeaponsUkraine
Ukraine’s Drone Army destroyed 75 units of enemy equipment during the last week. Strike military units, whose work is provided by the Drone Army, destroyed 75 units of Russian equipment in a week, including nine tanks, said the Minister of Digital Transformation, Mykhailo Fedorov.... #DroneArmy #DroneProduction #MykhailoFedorov #UkrainianDrone #WarinUkraine
Ukraine is developing attack UAVs with a range of over 3,000 kilometers. The National Security and Defense Council Secretary, Oleksiy Danilov, announced the production of Ukrainian-made attack drones with a flight range of over 3,000 kilometers. Ukraine tech companies have... #DroneProduction #MykhailoFedorov #OleksiyDanilov #UkrainianDrone
The government has provided conditions for the mass production of drones in Ukraine. The Cabinet of Ministers adopted a resolution that will significantly speed up the creation and supply of domestic drones to the front and will create conditions for the rapid development of Ukrainian... #DroneProduction #MykhailoFedorov #UkrainianDrone
Ukraine will stimulate its systematic production of drones. The state will focus on the systematic stimulation of the development and production of unmanned aerial vehicles in Ukraine, said the Minister of Economy of Ukraine, Yulia Svyridenko. According to the... #DroneProduction #MykhailoFedorov #UkrainianDrone #YuliyaSvyridenko
Turkey will co-operate with Ukraine in its construction of a manufacturing plant to produce strike drones. The Ukrainian-Turkish plant will be built in Vasylkiv, in the Kyiv region. “It will manufacture ANKA-type jet-powered crewless aerial vehicles (UAV), the next generation of drones after Bayraktar”, sa... #DroneProduction #DronesinUkraine #TurkeyDrones
