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A Ukrainian Drone Maker Has Been Improving in the Battlefield. Its Valuation Has Jumped Sixfold Amid Global Tensions.

Ukrainian
International Business Times Fews App News Provider
Fews App Post Time 2h ago

A Punisher drone developed by Ukrainian company UA Dynamics undergoes testing in the Kyiv region on August 11, 2023. Ukraine's battlefield-tested defense technology has attracted growing international investment. SERGEI SUPINSKY/AFP via Getty Images A Ukrainian-founded defense technology company whose drones have been deployed against Russian forces has raised $700 million from international investors, sending its valuation to $6 billion as the war in Ukraine creates a growing market for battlefield-tested military technology.

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