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Ukraine war puts spotlight on tech-led defense companies | Financial Times

As the government looks for cutting-edge technologies to improve its defense capabilities, the Ukraine crisis has drawn attention to tech-led defense enterprises.

  • Editor Staff
  • May 11, 2023
Military soldier controls drone for reconnaissance operation of enemy positions. Concept using quadrocopters in smart war.
(Shutterstock / Photo Contributor Parilov)
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As the government looks for cutting-edge technologies to improve its defense capabilities, the Ukraine crisis has drawn attention to tech-led defense enterprises. 

The ongoing conflict between Ukraine and Russia has led to an increased focus on tech-led defense companies. As the war intensifies, Ukraine’s government and military are seeking to modernize their defense capabilities with cutting-edge technologies. This has presented an opportunity for companies that specialize in areas such as cybersecurity, artificial intelligence, and drone technology. These companies are now being courted by Ukraine’s government, which is eager to improve its defense capabilities and protect its sovereignty. Some of the companies that have been approached include Anduril Industries, a US-based firm that specializes in autonomous systems, and Israeli firm Rafael Advanced Defense Systems. The conflict in Ukraine has highlighted the importance of advanced technologies in modern warfare and is likely to spur further investment in this area in the future. 

Source: https://www.ft.com/content/984a32f3-02b4-4128-9716-e5774116f602 

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The Editor Staff at SOFX comprises a diverse, global team of dedicated staff writers and skilled freelancers. Together, they form the backbone of our reporting and content creation.

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