Ukraine's Ambitious Drone Production Plans for 2024

1 min read
Source: Reuters.com
Ukraine's Ambitious Drone Production Plans for 2024
Photo: Reuters.com
TL;DR Summary

Ukraine's digital minister, Mykhailo Fedorov, announced plans for the production of thousands of long-range drones capable of deep strikes into Russia in 2024, with up to 10 companies already manufacturing drones that can reach Moscow and St Petersburg. The country has seen a significant increase in drone production and deliveries, with a focus on deregulation and state venture funding to boost the industry. Fedorov aims to increase financing for military tech startups and achieve greater self-sufficiency in drone production, while also addressing logistical challenges and ending state monopolies on drone ammunition production.

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