World

Ukraine’s Technology Minister: Ukraine Is Manufacturing More Drones Than State Can Acquire

Ukraine’s technology minister stated Tuesday that Ukrainian manufacturers’ output of Unmanned Aerial Vehicles (UAVs) has increased to the point that Kyiv’s current drone procurement budgets are insufficient to buy everything being produced.

Since the beginning of the Russian invasion, Mykhailo Fedorov, a deputy prime minister who also oversees the digital brief, has advocated for the employment of drones to combat it.

“As of today, the market has accelerated much faster than the amount of money to buy all the UAVs”, Fedorov said.

“Therefore we need to increase financing and open up markets further so that prices fall thanks to competition and localization of part (production) begins”, Fedorov continued.

UAVs have been widely utilized by both Ukraine and Russia throughout the 22-month war, providing troops with constant eyes in the sky and allowing them to destroy targets worth hundreds of times the drone’s value, such as air defence systems and powerful radars.

Although sea and land-based devices are also being deployed, aerial vehicles are the most commonly used sort of drone.

According to the technology minister, there are already roughly 200 manufacturing companies in Ukraine, and approximately 70 local firms have signed contracts to deliver drones to the state.

Also read: Market’s Upswing Wanes; Sensex, Nifty Manage Only Marginal Gains

Spriha Rai

Recent Posts

Stress & Weight Gain: Strategies To Stay Calm & Fit

Explore how stress contributes to weight gain and discover effective strategies to stay calm, manage…

33 mins ago

Tom Cruise Wants To Make A Bollywood Film; Says Indian Cinema Is ‘So Beautiful’

Hollywood star Tom Cruise, promoting Mission: Impossible – The Final Reckoning, expressed his admiration for…

41 mins ago

Amit Shah Hails Neeraj Chopra’s New National Record At Doha Diamond League

Union Home Minister Amit Shah congratulated javelin star Neeraj Chopra for his record-breaking performance at…

53 mins ago

Synthetic Truth: How AI Deepfakes Are Reshaping Reality

Deepfakes powered by AI are blurring the line between truth & fabrication, raising concerns over…

1 hour ago

Silent Killer Hypertension Hits 294 Million In Southeast Asia; Warns WHO

The World Health Organization has warned that hypertension affects more than 294 million people across…

1 hour ago

GeM Empowers Women-Led MSMEs & Startups, Says Minister Piyush Goyal

Piyush Goyal announced that over 1.85 lakh women-led MSMEs & more than 31,000 DPIIT-recognised startups…

2 hours ago