Ukraine’s defense tech boom needs more than battlefield innovation, deputy minister says
Ukraine’s defense technology industry has moved fast to meet battlefield demands, but it rests on a fragile foundation as it depends on foreign suppliers for essential components. Natalia Denikeieva, a deputy minister of digital transformation, says producing more of those components at home is a question of survival. "We are not technological and innovative because one day we woke up and decided…
Ukraine's defense technology industry has rapidly responded to battlefield demands, but it relies on foreign suppliers for critical components. Deputy Minister of Digital Transformation Natalia Denikeieva emphasized that producing these components domestically is vital for the nation's survival. The Ukrainian Chips Act, currently in the groundwork phase, aims to integrate Ukraine into the EU microelectronics market and reduce dependency on other countries.
The government plans to introduce the bill this year, with a goal of obtaining a first reading before the year's end. However, persuading businesses to keep their intellectual property and financial interests in Ukraine poses a challenge, as it would help retain the profits and investment generated by Ukrainian innovation within the country.
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