Ukraine's Defence Ministry to spend over US$1 billion on First-Person View drones this year
Ukraine's Ministry of Defence plans to purchase First-Person View drones for more than UAH 44 billion (about US$1.05 billion) in 2025.
Source: press service for Ukraine's Defence Ministry
Details: "Achieving technological superiority over the enemy remains a key priority for 2025," said Hlib Kanievskyi, director of the Procurement Policy Department at the Ministry of Defence. "While last year's main financial resources were directed towards acquiring long-range deep-strike systems, this year, over UAH 44 billion is allocated for FPV drones, including fibre-optic models."
At a meeting with representatives of the Tech Forces in UA, an association of leading manufacturers of innovative weapons for Ukrainian defenders, discussions focused on simplifying bureaucratic procedures and scaling up drone production. A key issue was accelerating the delivery of drones from manufacturers to military units.
The attendees also discussed broadening the pool of suppliers to accelerate the integration of new technologies into the military.
The Ministry of Defence emphasises that regular dialogue with manufacturers is key to the development of domestic technologies and the improvement of logistics.
Support Ukrainska Pravda on Patreon!
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
New council homes approved on former sea cadet site
New council homes have been approved at a former Surrey sea cadet site. A planning application to demolish the existing buildings and replace them with 16 houses, each with a back garden, was approved by Tandridge District Council. The planned development at The Grove and Hawarden Road in Caterham, which currently includes a former barracks, will have 35 car parking spaces. Plans were green-lit on Thursday, with proposals for more social housing supported, but both councillors and residents were frustrated with the design. Marilyn Payne MBE argued at the meeting that plans were "akin to inner city development rather than on the edge of the green belt". She said the homes were too cramped together in the plot, according to the Local Democracy Reporting Service. The small, north-facing gardens would not be big enough for children to play in and would not get any sunshine, she added. Councillor Jeremy Pursehouse said there were 44 families living in B&Bs on the council's urgent need list. He said they wouldn't "care about the size of the back garden, they want to be out of there". The council bought the land from the Ministry of Defence in 2023. Planning documents said the proposed new builds would look "contemporary and minimal" to reflect the residential area and the previous army barracks. All the homes will be kept by the council and rented to families on its housing list. The development includes 10 three-bedroom homes, five two-bedroom houses, and a wheelchair accessible one-bedroom home. Follow BBC Surrey on Facebook, on X, and on Instagram. Send your story ideas to southeasttoday@ or WhatsApp us on 08081 002250. Plans submitted for homes on former sea cadet site Plans for council homes on former sea cadets site Local Democracy Reporting Service Tandridge District Council
Yahoo
2 hours ago
- Yahoo
Amazon.com (NasdaqGS:AMZN) Expands AWS Presence With US$5 Billion Data Center Investment In Taiwan
recently announced the launch of its AWS Asia Pacific (Taipei) Region, highlighting a $5 billion investment in data center infrastructure. This expansion, coupled with a $10 billion investment in North Carolina to bolster AI and cloud computing capabilities, underscores Amazon's commitment to innovation and business growth. These significant developments align with Amazon's overall strategic objectives and may enhance its market position. The company's share price rose 13% over the past month, coinciding with the market's general upward trend, which experienced a 13% rise over the past year across the broader market. Buy, Hold or Sell View our complete analysis and fair value estimate and you decide. The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. The recent developments regarding Amazon's investments in the AWS Asia Pacific (Taipei) Region and North Carolina can significantly influence the company's operational strategy, furthering its drive towards AI and cloud computing capabilities. These initiatives are expected to enhance revenue streams, aligning with the company's narrative of optimizing efficiency through advanced technologies. Over the three-year timeframe, Amazon's total shareholder return, inclusive of share price and dividends, achieved a 94.77% increase. Within the past year, Amazon's share price rise of 13% outpaced the broader market's 12.6% gain, reflecting robust performance despite prevailing industry challenges. In light of Amazon's stated commitments, analysts have projected revenue growth of 8.9% per annum, bolstered by both traditional and AI-driven cloud services. Earnings prospects are anticipated to rise to US$103.6 billion by 2028, up from US$65.94 billion today. While these expansions present opportunities for substantial revenue increases, the pressure from infrastructure investments must be carefully managed to sustain growth expectations. With a current share price of US$185.01, the 22.7% higher analyst price target of US$239.33 illustrates an optimistic market consensus. However, investors are advised to consider both market risks and the variations in analyst predictions when evaluating Amazon's future prospects. Unlock comprehensive insights into our analysis of stock in this financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AMZN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Netflix (NasdaqGS:NFLX) Enters Creative Partnership With India's Ekta Kapoor For New Series
Netflix recently announced a long-term creative collaboration with Telefilms Ltd., led by renowned Indian creator Ekta Kapoor, aimed at developing a variety of projects for streaming audiences. Over the last quarter, Netflix's stock price increased by 39%, significantly outperforming the broader market, which rose by 2%. The company's remarkable quarterly earnings with improved sales and profits likely contributed to this rise. Additionally, its ongoing share buyback program further bolstered investor confidence. While these developments supported its upward trajectory, Netflix's stock rise was in stark contrast to the relatively modest market increase, highlighting its exceptional performance. Buy, Hold or Sell Netflix? View our complete analysis and fair value estimate and you decide. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Netflix's recent collaboration with Telefilms Ltd. could enhance its content portfolio, particularly by tapping into the growing Indian market. This agreement is likely to support Netflix's goal of expanding its global content strategy and potentially boost revenue and profit margins. Such initiatives might align with analysts' expectations of a 12% annual revenue growth over the next few years. Over the past three years, Netflix's total shareholder return was very large, underscoring its robust long-term performance. This period has seen significant outperformance relative to shorter-term gains when compared to the broader market's annual increase of 12.6% over the last year. In the same one-year period, Netflix's stock rose more than twice as much as the broader market, highlighting its impressive performance against industry benchmarks. The forecasted increase in ad revenue and gaming expansion could significantly drive future earnings, potentially increasing Netflix's earnings forecast from US$9.27 billion to as high as US$16.1 billion by 2028. However, these ambitious goals come amidst economic risks and competition, as highlighted in the narrative. Recent price movements see Netflix's stock trading at US$1137.69, with a modest 3.7% discount to the consensus price target of US$1096.58. This suggests that analysts, on average, consider Netflix fairly valued, factoring in the company's growth prospects and risks. Gain insights into Netflix's past trends and performance with our report on the company's historical track record. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:NFLX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
