Investments

The fund has already made 2 investments and aims to complete 4 to 5 more within its first year

The investment is part of Denmark’s strategic course in supporting Ukraine

The team behind the initiative explains how it works — and why it makes sense

Skyeton Prevail Solutions aims to integrate the Ukrainian drone into the defence procurement systems of the UK and NATO

Other types of weapons to be financed are not disclosed for security reasons

Ukrainian companies do not have access to direct grants from the European Defense Fund, except in some areas

This year, Denmark will allocate €1.26 billion for Ukrainian production of long-range drones

Varangians founders Pär Lager, Andreas Flodström, and Jonas Rydin plan to close first deal by the end of July