News

In July 2025, Ukraine’s IT Services Exports Hit $555M

In July, Ukraine’s IT exports grew by 5.5% to reach $555 million, bringing the economy an additional $29 million compared to June, according to data from the National Bank of...
In July 2025, Ukraine’s IT Services Exports Hit $555M

Ukrainian Arms Manufacturers Could Generate €4B in 2025 — Study

Revenue from Tech Force in UA participants, an association of more than 80 Ukrainian arms manufacturers, is projected to hit €4 billion in 2025, representing growth of more than 218%...
Ukrainian Arms Manufacturers Could Generate €4B in 2025 — Study

Russia Strikes Bayraktar Drone Plant

On the night of August 28, during a large-scale Russian attack, the Bayraktar drone plant in Kyiv was hit, according to Lviv City Council member Ihor Zinkevych. He reported two...
Russia Strikes Bayraktar Drone Plant

Nova Poshta Sorting Depot Hit in Russian Strike

On the night of August 28, 2025, Russia launched a missile strike on civilian logistics infrastructure in Kyiv, hitting a Nova Poshta sorting depot, the company reported. The missile landed...
Nova Poshta Sorting Depot Hit in Russian Strike

“The Damage Is Very Serious.” LIFT99 Kyiv Hub Suffers in Russian Attack

During Russia’s overnight assault on Kyiv on August 28, the coworking space LIFT99 Kyiv Hub, a well-known home for startups and tech entrepreneurs, sustained heavy damage. The news was first...
“The Damage Is Very Serious.” LIFT99 Kyiv Hub Suffers in Russian Attack

Grammarly Becomes a Multi-Product Company, Prepares New Brand Identity

Grammarly’s new CEO, Shishir Mehrotra, founder of Coda, is leading a bold transformation — turning the company from a single-product success story into a multi-product AI powerhouse. In an interview...
Grammarly Becomes a Multi-Product Company, Prepares New Brand Identity

Poland Invests in ICEYE — Company Behind Ukraine’s “People’s Satellite”

ICEYE is well known to Ukrainians: in August 2022, a satellite from the Finnish company was purchased after a fundraising campaign by Serhii Prytula and his foundation. Nicknamed the “people’s...
Poland Invests in ICEYE — Company Behind Ukraine’s “People’s Satellite”

FRACTAL Group Launches Its Own Coworking Space in Kyiv (Photo)

FRACTAL Group (formerly Netpeak Group) has officially launched its own coworking space, FRACTAL HUB, in Kyiv. The news was announced by founder Artem Borodatiuk, who described it as “not a...
FRACTAL Group Launches Its Own Coworking Space in Kyiv (Photo)

Poland to Continue Paying for Starlink in Ukraine

Poland and Germany are the two European countries covering subscription fees for about 50,000 Starlink terminals in Ukraine, ensuring reliable satellite internet access across the country. Each year, both governments...
Poland to Continue Paying for Starlink in Ukraine

Ukraine Produces 3,000 Long-Range FP-1 Drones Monthly — Cheaper Than Shaheds

Ukraine’s new long-range FP-1 drone is being manufactured at a rate of 3,000 units per month, roughly 100 per day — on par with Russia’s production of Shahed drones, but...
Ukraine Produces 3,000 Long-Range FP-1 Drones Monthly — Cheaper Than Shaheds

UNITED24 Launches U24 App: Like Patreon, But for Military Support

UNITED24 has launched a new mobile app designed to allow people to support Ukraine’s military directly. The Ministry of Digital Affairs announced the launch. The U24 App works much like...
UNITED24 Launches U24 App: Like Patreon, But for Military Support

Ukraine Restricts Public Access to Legal Entity Data in E-Registers

On August 21, the Verkhovna Rada approved bill No. 11533, which limits public access to information in Ukraine’s e-registers during martial law and for a year afterward. The move aims...
Ukraine Restricts Public Access to Legal Entity Data in E-Registers

Ukraine’s Rada Passes Key Bills to Launch Defence City Initiative

On August 21, Ukraine’s Verkhovna Rada passed two key bills in their second reading, setting the stage for the Defence City initiative, aimed at strengthening the country’s defense-industrial complex. The...
Ukraine’s Rada Passes Key Bills to Launch Defence City Initiative

Canva’s Valuation Hits $42 Billion

Australian design platform Canva has reached a new business valuation of $42 billion. The company didn’t raise new capital. Instead, it allowed employees to sell a portion of their shares....
Canva’s Valuation Hits $42 Billion

Russia Strikes American Flex Factory in Mukachevo, 10 Injured

During the massive Russian missile strike on Ukraine on the night of August 21, a plant operated by American electronics manufacturer Flex was hit. Ukraine’s Foreign Minister, Andrii Sybiha, confirmed...
Russia Strikes American Flex Factory in Mukachevo, 10 Injured

N-iX Hit Again in Russian Attack

On the night of August 21, Russia carried out another massive attack on Ukraine, striking eight regions across the country. According to N-iX employees who spoke to Scroll.media, the building...
N-iX Hit Again in Russian Attack

Brave1 to Receive UAH 2.7 Billion for Defense Innovations

Ukraine’s parliament has approved budget changes to boost funding for defense technology development. Minister of Digital Transformation Mykhailo Fedorov announced that UAH 2.77 billion has been allocated for the Brave1...
Brave1 to Receive UAH 2.7 Billion for Defense Innovations

S.T.A.L.K.E.R. 2 Launches on PlayStation 5 This November

GSC Game World has officially announced that S.T.A.L.K.E.R. 2 will arrive on PlayStation 5 on November 20, 2025. https://www.youtube.com/watch?v=EJvVeekzITc Pre-orders are already open on the PlayStation Store, with the standard...
S.T.A.L.K.E.R. 2 Launches on PlayStation 5 This November

Kyivstar’s Market Cap Surpasses $3.5B on Nasdaq

Kyivstar Group (for simplicity referred to here as Kyivstar) began trading on the Nasdaq stock exchange on August 15. Since its debut, the company’s market capitalization has already grown by...
Kyivstar’s Market Cap Surpasses $3.5B on Nasdaq

Fintech Farm Launches Neobank in Uzbekistan. Why This Market?

Ukrainian company Fintech Farm has entered the Uzbek market with the launch of Tezbank, a digital bank built in partnership with local commercial lender Hamkorbank. Uzbekistan marks Fintech Farm’s fifth...
Fintech Farm Launches Neobank in Uzbekistan. Why This Market?