Ukraine’s Former Defence Minister Plans Tech Fund to Boost War Effort
· World · Financial Times, Reuters, Hindustan Times
Former Ukrainian Defence Minister Andriy Zagorodnyuk is launching a new venture capital fund to invest in military technology for the ongoing war against Russia. The fund aims to scale the production of drones, electronic warfare systems, and other advanced hardware developed by Ukrainian startups. Zagorodnyuk stated that the initiative seeks to create a new history for the country by integrating private sector innovation into the national defence strategy. The project intends to bridge the gap between early-stage development and large-scale manufacturing for the battlefield.
Why it matters
The fund could accelerate the deployment of critical military technology for Ukraine, potentially altering the tactical landscape of the conflict against Russia.
Read the original report — Financial Times
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