Insights

Field notes for Ukrainian defense-tech

Practical breakdowns on getting funded, export-ready and scaled abroad — written for founders and operators, not for the archive.

For investorsFeatured

Is Ukrainian Defense-Tech Investable? The Objections, Answered

Yes — but not for the reason the headlines give. The state already buys tens of billions from companies that took under $60M of private venture. Here are the five objections foreign capital raises — war, ownership and getting money out, governance, the exit, “too early” — plus the one nobody wants to answer: what if the war ends.

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21 July 202612 min read

InvestabilityDefense-techWar-riskDue diligence

Capital

How to Value a Ukrainian Defense-Tech Company (2026)

What is your defense company worth? A transparent method: a base from sector and stage, revenue multiples (1.2–8×, depending on whether it's software or hardware) and the factors that move the number up and down — codification (+22%), clean IP (+18%), sanctions exposure (−45%). With two worked examples and a link to the calculator.

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21 July 20269 min read

ValuationDefense-techRevenue multiplesCodification

For investors

How Foreign Capital Invests in Ukrainian Defense-Tech: The Routes In

Ukraine built a $35B-a-year defense industry in three years, yet disclosed private venture in 2025 was about $57M. This is who invests, the routes they take, and what a deal actually requires — from cross-border structure to the export path that carries the multiple.

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21 July 202611 min read

Foreign investmentDefense-techVenture capitalDeal flow

Export-ready

The New Defence-Tech Export: Fast-Track, Drone Deal & the 3 Filters That Decide It

On 1 July 2026 a fast-track appeared for exporting defence and dual-use goods. Here it is without the myths: what actually changed, who clears the three filters (WHO · WHERE · WHAT), what it costs (20%/30%), why applications are refused — and what to do now so you don’t lose the contract.

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17 July 202615 min read

Export controlFast-trackDrone DealSSECU