The European Commission, the Ministry of Defense of Ukraine, and the Governments of France and Finland have concluded agreements aimed at scaling up industrial capacity in dual-use technologies and the defense industry.
According to Ukrinform, the announcement was made by Ukraine's Ministry of Defense.
The agreements provide for EUR 343 million in European Union guarantees and blended finance grants. They were signed during the Ukraine Recovery Conference in Gdańsk.
The new financial instruments are expected to mobilize more than EUR 700 million in investment for the production of unmanned aerial vehicles (UAVs), counter-drone systems, unmanned ground vehicles, aviation, advanced navigation and communication technologies, as well as other strategic industries.
The ministry emphasizes that these investments cover not individual products, but the entire technological ecosystem of modern defense.
