EU to allocate 140 million euros for drones and technologies for Ukraine for the first time

According to hvylya.net: The European Union has opened the possibility of financing dual-use technologies in Ukraine for the first time through the Ukraine Facility program. Ukraine's Deputy Minister of Defense Hanna Hvostiar announced this during the Rebuild Ukraine Expo international exhibition in Warsaw.

Previously, dual-use technologies that could be used in both civil and defense sectors were not eligible for European funding, but this ban has now been lifted. The decision opens access to a financial resource of over €140 million through the Ukraine Investment Framework.

Who will receive support

Ukrainian manufacturers of drones, navigation systems, communication systems, aerospace technologies, and precision metallurgy will be able to receive funding for development. The Deputy Minister emphasized that this will allow companies to scale up faster and create products that will enhance the resilience of Ukraine and Europe.

Impressive figures of the Ukrainian dual-use sector

During her speech at the session 'Investments in Resilience and Defense,' Hanna Hvostiar stressed that the Ukrainian dual-use industry is developing rapidly. Last year alone, more than three thousand enterprises produced dual-use products worth €5.5 billion, which is just a part of the sector's potential.

Common interests of Ukraine and the EU

The Deputy Minister highlighted the strategic dimension of the EU's decision to support dual-use technologies in Ukraine. This will help strengthen the defense potential not only of Ukraine but of all of Europe.

Why this is important

The EU's decision has several strategic implications, including the legalization of support, scaling up production, attracting private investments, technological sovereignty, and enhancing European security.

From war to the industry of the future

The Ukrainian dual-use sector, which has been developing since the onset of the war, is now receiving support from the EU. This will help Ukrainian companies become key players in technological development and the country's recovery after the conflict.

The European Union has opened the possibility of financing dual-use technologies in Ukraine, which will promote the development of Ukrainian industry and ensure an increase in the country's defense potential.