Military Tech
Investment in Ukrainian military technology (MilTech) startups has been on the rise since the start of the Russian invasion in 2022. Ukrainian government is actively supporting the MilTech industry through schemes such as Brave1 MilTech start-up accelerator which for this year it has a $40m fund for.
More than forty five MilTech companies operate publicly within Ukraine, but hundreds more are operating anonymously and in stealth mode with their focus primarily on air, sea and ground drones as well AI systems to enhance drone accuracy and electronic warfare (EW) equipment for defense against enemy drones and their EW.
Funding MilTech startups does not only support Ukraine’s defense efforts but also makes an attractive business case for investors who seek fast growing organizations that can impact globally as active phase of war provides unique opportunity to test all the new systems on battlefield skipping a number of intermediate stages to final practical result.
Moreover, MilTech includes not only offensive technologies but also defense in all means starting from early detection to passive and active defense systems
Some of the major Ukrainian MilTech firms include:
- TELETACTICA - Established in 2023 TELETACTICA designs long-range radio communication systems (EW-resistant telemetric and video communication modules) and offers R&D support services to local businesses.
- Promin Aerospace - Founded by Misha Rudominskyi, Promin Aerospace is working on innovative aerospace technologies: the company created a rocket that can deploy payloads into orbit in a revolutionary new way by using the proprietary method of gasification and subsequent burn of the solid fuel tank material in the rocket engine
- Himera - Co-founded by Misha Rudominskyi and Oleksii Oliynyk, Himera focuses on developing cutting-edge military technologies focusing on secure and EW-resistant communication system (FHSS technology) which can be used as a part of operational awareness system during combat operations
- UKRSPEC Systems – Founded in 2014, at the beginning of the russian intervention. Producing one of the most famous Ukrainian fixed-wing and rotor drones. Famous for their SHARK drone observing systems which include a full system, complicated with UAV software and camera gimbal
- GRISELDA – a relatively small company, with high ambitions for the development unique observing system. Their main aim is to process large streams of data and provide analysis through Neural networks and other modules. Ther famous DeepState map is created in collaboration with GRISELDA.
- Piranha-Tech – a company founded in 2014m specializes on manufacturing of EW systems. Their solutions create protective jamming domes against satellite navigation and drones. Piranha-Tech are famous for compact design and high reliability of their products.
- SkyLab UA – Established in 2023 as company thet specialises in development and production of robotic systems and UAVs for military. Their most famous product is the Sirko-S1 UGV – ground drone with advanced camera and laser orienting system, and with the feature of autonomous following of person.
