Category: 9. Business

The funding round was led by venture capital firm Draper Associates, with participation from AeroX Ventures, Boscolo Intervest, High Point Ventures, Rockaway Ventures, and U.S. Air Force Techstars. The company, Vermeer, will use the capital for further technological…

A tunnel freezing facility for berries and vegetables will be established near Obukhov in the Kyiv region. The plant is scheduled to be constructed by the Goldberry company. The new processing line will enable the company to process between 1,000 and 2,000 tons of its…

European countries are cooperating with Ukraine on a 12-point peace proposal that would end hostilities along the current front line. The initiative is a response to Russian dictator Putin’s new demands to relinquish territory in exchange for a “peace deal”. The…

Russia launched multiple drone and missile strikes on Ukraine as the latest peace efforts from US President Donald Trump seem to be failing. During the night and morning of October 22, Ukraine shot down more than half of the 28 missiles fired by Russia, as well as 333…

President Trump mentioned the possibility of meeting Russian President Vladimir Putin in Budapest; however, this prospect has since been called into question. Nevertheless, Kirill Dmitriev, the Russian president’s special representative, confirmed that preparations for…

European Council President Antonio Costa announced that President Zelenskyy has been invited to the European Council meeting in Brussels on October 23. He mentioned that the meeting will cover, among other topics, additional support for Ukraine, which is resisting…

Representatives of the Japan Export Credit Agency (NEXI), following a meeting with the Ukrainian delegation, expressed their readiness to expand war risk insurance for Ukraine’s reconstruction. NEXI already covers approximately half of Japanese exports to and…

President Zelenskyy, after meeting with Secretary of the National Security and Defense Council Rustem Umerov, stated that Kyiv is working on new defense agreements in order to boost the nation’s aviation combat capabilities. “This is part of our long-term strategy to…

President Volodymyr Zelenskyy signed an agreement with Swedish Prime Minister Ulf Kristersson to purchase up to 150 Gripen fighters, describing the Swedish aircraft as a “priority” for Ukraine. The Saab JAS 39 Gripen E is a 4.5-generation multi-role light fighter…

Currently over 25 foreign high-tech defense companies are at various stages of establishing their operations in Ukraine, reported the MoD. These include international partners deploying or planning to deploy activities here: British BAE Systems (joint production and…