Zelensky Meets Investors to Boost Ukraine's Defense Industry, Eyeing $35B Market
Ukrainian President Volodymyr Zelensky met with local and international investment funds, along with business associations, to strategize about boosting the country's defense-industrial complex. The meeting explored potential in drone and missile production, with estimates suggesting a $35 billion market by 2026.
Zelensky expressed gratitude to international partners, including NATO nations like Denmark and Germany, as well as companies such as Babcock International and CiTech, for their support and investments in Ukraine's defense industry. The meeting discussed creating export platforms for weapons and exploring new areas of cooperation.
Zelensky highlighted Ukraine's readiness to share its technologies and develop joint production with international partners. He also emphasized the importance of protecting and controlling Ukrainian developments in these collaborations, with plans to open export platforms in Europe, the USA, and other countries.
The meeting with Zelensky underscored Ukraine's commitment to expanding its defense capabilities and fostering international cooperation. With a potential $35 billion market for drone and missile production by 2026, the country aims to leverage its technologies and attract investments, while ensuring the protection of its developments.
Read also:
- Trade Disputes Escalate: Trump Imposes Tariffs, India Retaliates; threatened boycott ranges from McDonald's, Coca-Cola to iPhones
- North Carolina's Ocracoke Island: Highway Closed, Homes Collapse Due to Erosion
- Ukraine's Drone Strikes Cripple Russian Rail, Impacting Military Operations and Economy
- Nepal's Journey: Evolution from Street Life to Political Power