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☆ Wild video shows Ukrainian drone flying through dense forest into a Russian hideout before exploding, military says
▼ + stars: | 2023-09-25 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

A Ukrainian drone blew up a Russian bunker in eastern Ukraine, officials said. It was taken in a dense forest west of Kreminna, a Russian-occupied town in Ukraine's eastern Luhansk, the Adam group said in a Telegram post. Footage shows a Ukrainian drone flying around a forest west of Kreminna, in Luhansk Oblast, eastern Ukraine. Footage shows a Ukrainian drone approaching a Russian shelter in a forest west of Kreminna, in Luhansk Oblast, eastern Ukraine. Footage shows a Ukrainian drone going inside a Russian shelter in a forest west of Kreminna, in Luhansk Oblast, eastern Ukraine.

Persons: Adam, Yevhen, Mezhevikin Organizations: Service, Adam Tactical, 67th Mechanized Brigade, Ukraine's 67th Mechanized Brigade, Street Journal, Russia's Ministry of Defense Locations: Ukrainian, Ukraine, Wall, Silicon, Russian, Luhansk, Kreminna, Ukraine's, Luhansk Oblast, Adam_tactic_group, Bakhmut, Moscow, Russia, China, Russia's

☆ Video of a cheap drone destroying an exposed T-72 hints Russian crews are still working out how to hide their tanks from a growing threat, former US general says
▼ + stars: | 2023-09-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

A video surfaced online showing a seemingly exposed Russian T-72 tank struck by an FPV drone. One former US Army general told Insider it may speak to larger issues within the Russian military. AdvertisementAdvertisementThe lack of such efforts and the certainly fatal results may reflect deeper, underlying issues for the Russian military. Russian and Ukrainian FPV drones are pummeling tanks while other drones drop bombs on soldiers. "This has never been a strong suit in the Russian Army, but they've lost so many of their experienced soldiers by now that the problem is even worse," he added.

Persons: James Stavridis, Mark Hertling, Ben Hodges, Hodges, could've, DIMITAR DILKOFF, they've, That's Organizations: US Army, Service, Ukraine, Moscow, US Navy, NATO, US, Getty, Russian Army Locations: Wall, Silicon, Russian, Ukraine, Europe, US Army Europe, Southern Russia, Caucasus, China, Iran, Pakistan, Myanmar, Soviet Armenia, Azerbaijan, Belarus, AFP, Ukrainian, Russia

☆ Sudan: Ukraine's special services 'likely' behind strikes on Wagner-backed forces, a Ukrainian military source says
▼ + stars: | 2023-09-19 | by ( Victoria Butenko Nima Elbagir Gianluca Mezzofiore Tamara Qiblawi Allegra Goodwin Andrew Carey Pallabi Munsi Mahamat Tahir Zene Barbara Arvanitidis Alex Platt Lauren Kent | Victoria Butenko | Nima Elbagir | ) edition.cnn.com time to read: +12 min

Covert strikes by Ukraine in Sudan would mark a dramatic and provocative expansion of Kyiv’s theater of war against Moscow. Aside from a string of Ukrainian drone attacks that hit deep inside Russian territory, Ukraine’s ongoing counter-offensive has been focused on the country’s occupied east and south. A high-level Sudanese military source said he had “no knowledge of a Ukrainian operation in Sudan” and did not believe it was true. What appears to be a DJI MAVIC 3 drone can be seen in the videos filming the drone strikes. Six drone strikes targeted pickup trucks driving on Shambat bridge.

Persons: Wagner, Sudan ”, Mohamed Hamdan Dagalo –, Abdel Fattah al, Burhan, Wim Zwijnenburg, ” Zwijnenburg, Zwijnenburg, Hemedti, Gen, Mohamed Hamdan Dagalo, Wagner’s, General Khalifa, Yevgeny Prigozhin, Dmitry Utkin, Prigozhin’s, Prigozhin, Yunus, Bek Yevkurov, Andrey Averyanov, Dmytro Kuleba, ” Kuleba Organizations: Chad CNN, CNN, Sudanese, Kyiv, Rapid Support Forces, Ukrainian, Central African, PAX, AK, CAR, PMC Wagner, Reuters Analysts, Kremlin, Agence France, Presse Locations: Kyiv, Ukraine, N'Djamena, Chad, Ukrainian, Sudan’s, Russian, Sudan, Moscow, Omdurman, Khartoum, balaclava, British, al, Zurug, Russia, Africa, Mali, Central African Republic, Libya, Ombada, Ethiopia, Nigeria, Latakia, Bangui, “, Syria, Burkina Faso, St . Petersburg, Eritrea

☆ Ukrainians are worried that China could cut their access to homemade drones remotely, making them into 'nothing more than a coaster for your coffee'
▼ + stars: | 2023-09-14 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Ukrainian volunteer groups have been constructing makeshift explosive drones for the country's army. The improvised explosive-dropping devices are cobbled together using Chinese DJI copters. One drone technician said he's worried China could suspend the accounts needed to make the drones fly. In the last few months, Ukrainian forces have been expanding their usage of makeshift tactical drones carrying explosives, Insider previously reported. "All this equipment, on which our whole reconnaissance architecture is built, will turn into nothing more than a coaster for your coffee," Vitalii told the Kyiv Independent.

Persons: he's, Vitalii Organizations: Service, Adam Tactical, Kyiv Independent, Adam Locations: China, Wall, Silicon, Ukraine

☆ Video shows $500 Ukrainian hobby drones chasing a $4.5 million Russian T-90 tank before blowing it up
▼ + stars: | 2023-09-12 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Ukraine published a video on Monday that shows an attack on an advanced Russian T-90 tank. The video appears to show the drones chasing the tank before they eventually blow it up. FPVs are cheap hobby drones that Ukraine is re-inventing to take out Russian equipment. They strike the tank, which appears to be hiding behind trees, two times with the drones, prompting cheers. But the tank, which appears to be on fire, still attempts a getaway as it races away from its original position.

Organizations: Service, Ukraine's Ministry of Defense, Twitter, 3rd Assault Brigade Locations: Ukraine, Russian, Wall, Silicon, Ukrainian, Bakhmut, Russia

☆ Russia keeps jamming Ukrainian drones, forcing their operators to move closer to the front line — and into greater danger
▼ + stars: | 2023-09-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Russia keeps jamming Ukraine's drones and it's making their operators get closer to danger. That's forced Ukraine to shuffle its drone operators, such as first-person-view (FPV) pilots, closer to avoid jamming and counter Russia's own drone operators. In the early months after Russia's full-scale invasion, drone operators could pilot miles from the front, which kept them safer from conflict. Drone operators, who have received extensive training, are indispensable for their side — and high-value targets for enemies. Some of these relatively cheaper drones can have an outsized impact, with some FPV drones taking out high-cost, high-value targets such as Russian T-90 tanks.

Persons: That's Organizations: Service, BBC News, PBS Locations: Russia, Wall, Silicon, Ukrainian, Ukraine

☆ Russia is teaching high schoolers how to use drones and handle rifles so future draftees are more ready for the frontlines, UK intel says
▼ + stars: | 2023-09-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Russia is teaching students the ways of war so that it can conscript more ready young men, UK intel said. The senior student curriculum includes handling rifles, grenades, and drones. The basic military training module of the class includes handling Kalashnikov assault rifles — something seen in occupied Crimean schools last spring — as well as grenades. Now, it appears both could be goals, as the class both indoctrinates students into war efforts and prepares them for potential fighting. Similarly, Russia training students in how to pilot drones could give them a leg up in recruiting new operators, considering the highly specialized and meticulously trained skillset required for flying drones, particularly first-person view (FPV) drones, and the important — and dangerous — role these operators play on the battlefield.

Persons: — Organizations: intel, Service, UK Ministry of Defense Locations: Russia, Wall, Silicon, Russian, Crimean, Ukraine

☆ Russia's attempt to shield its bombers from Ukrainian attacks with car tires is just the latest in a string of makeshift defenses
▼ + stars: | 2023-09-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

New photos show Russia shielding its Tu-95 bomber jets from missiles with rows of car tires. It's the latest entry in a long list of jury-rigged Russian defenses and force protection measures. Russia recently put cages on its tanks and sunk ships along a key bridge as last-ditch defenses. Close-up analysis concluded that the patches were individual car tires, The Drive first reported, likely meant to confuse incoming Ukrainian missiles, such as the R-360 Neptune anti-ship cruise missiles that Ukraine has modified to hit land targets. That random assortment of defenses for Kerch Bridge speaks less to a cohesive strategy and more to Russia scrambling to protect against the growing threat of Ukrainian drone boat attacks.

Persons: Engels, it's, logistically, Mary, Russia's Organizations: Service, LB Locations: Russia, Wall, Silicon, Saratov, Russian, Ukraine, Kerch, Crimea, Ukrainian

☆ Russia is massively expanding its arsenal of drones, and Moscow's unmanned attacks on Ukraine are likely to only get bigger
▼ + stars: | 2023-09-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +10 min

Experts say Moscow could use its expanded arsenal for bigger drone attacks against Ukraine in the coming months. The Russian drones seen in Ukraine have come in all sorts of shapes and sizes, and with varying missions. We can see greater pressure on Ukrainian air defenses and electronic warfare defenses." Larger drone attacks could also be explained by a shift in how Russia carries out its high-volume strikes. And that could, in turn, up the pressure on Ukraine's air defenses.

Persons: Shaheds, George Barros, —, Vladimir Putin's, Volodymyr Zelenskyy, Samuel Bendett, Oleksii, Bendett, Barros, It's, ISW Organizations: Service, Ukraine, Institute for, National Police, REUTERS, Research, Russian Federation, Center for Naval, Ukrainian, Kyiv, Getty, Ukraine's Ministry of Defense Drones, Russia Locations: Russia, Ukraine, Moscow, Wall, Silicon, Ukrainian, Washington, Iran, Russian, Kyiv region, Kyiv, Iranian, Zaporizhzhia

☆ Russia sank ships to protect a key bridge from Ukraine's naval drones. It might not be enough to keep the small exploding vessels from hitting their targets.
▼ + stars: | 2023-08-31 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Russia is sinking ships to protect the Kerch Bridge to Crimea from Ukraine's naval drones. The barrier is estimated to be less than a mile in length — a small fraction of the massive 12-mile-long bridge. The ships Russia appears to be sinking were destined for the scrapyard, but could have been valuable for recycling parts. AdvertisementAdvertisementIn July, an explosion apparently caused by a surface drone rocked a section of the Kerch Bridge, wrecking the roadbed and killing two adults. With Crimea being among the most important territory for Kyiv to reclaim in the war, the Kerch Bridge is an important bond to sever.

Persons: Bryan Clark, —, Clark, Vladimir Putin, STRINGER Organizations: Service, Twitter, Russian Navy, US Navy, Hudson Institute, Getty, Russian, Kremlin, Ukrainian, Sig Locations: Russia, Kerch, Crimea, Wall, Silicon, Ukraine, AFP, Ukrainian, Kyiv, Russian, Novorossiysk

☆ Video shows a Ukrainian soldier celebrating after his first-person-view drone slams into a Russian military truck from behind
▼ + stars: | 2023-08-31 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A video shared by Ukraine's Defense Ministry shows the drone operator celebrating the strike. The drone can be seen flying toward its target, an enemy vehicle, which the State Border Guard Service of Ukraine said was a Russian-produced UAZ military truck. "The hand of a master," said Ukraine's Ministry of Defense in a post on X, which was formerly known as Twitter, on Wednesday. A YouTube channel for the State Border Guard Service of Ukraine said border guards were conducting reconnaissance operations when they noticed an enemy truck heading toward the "positions of the occupiers." The operator of the drone "delivered an explosive gift" to the truck, it said.

Organizations: Ukraine's Defense Ministry, Service, —, Ukraine's Ministry of Defense, State Border Guard Service, ' Locations: Russian, Kharkiv, Wall, Silicon, Ukraine, Antwerp

☆ Russia and Ukraine are filling the sky with drones. There are so many buzzing around over eastern Ukraine, they're actually crashing into one another: report
▼ + stars: | 2023-08-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Russian and Ukrainian drones are causing traffic jams in the Donetsk airspace, a pilot said. "The area has turned into 'Frankfurt Airport:' a frenzied traffic of drones — both their own and those of others," Voroshnov told Unian. "We were absolute masters in the night sky," Voroshnov told Unian. AdvertisementAdvertisementAs a result, Ukrainian drone operators have to be strategic with how and when they use drones, Voroshnov said. "We are moving to smart war," Voroshnov told Unian.

Persons: Mykola Voroshnov, Forbes, Voroshnov, Unian, there's, Yuri Shchyhol Organizations: Service, Frankfurt, Ukrainian Telegram, CNN, Forbes, Royal United Services Institute Locations: Donetsk, Wall, Silicon, Ukrainian, India, Ukraine, Robotyne, Russia

☆ Ukrainian soldier credits video-game obsession for his ability to strike Russian targets with drones
▼ + stars: | 2023-08-14 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Ukraine is increasingly using small, cheap FPV drones to hit outsize targets. Mykhailo operates the drones using a joystick and a virtual reality headset — hence the video game comparisons. It's not the first time the video game comparison has been made. In an interview with The Guardian earlier this month, a Ukrainian drone operator called Olexandr said: "It's like playing a computer game, you know?" Ukraine is employing many of these cheap FPV drones, which can be made from off-the-shelf commercial drones and kitted out with explosives.

Persons: Mykhailo, Olexandr, Insider's Alia Shoaib, Michael Peck, James Patton Rogers Organizations: Service, Reuters, Russian, Guardian, Air Assault Force, UK's Royal United Services Institute Locations: Ukrainian, Ukraine, Wall, Silicon, Russia

☆ A video shows an advanced Russian T-90 tank destroyed by a $500 hobby drone fitted with explosives, says Ukraine military
▼ + stars: | 2023-08-13 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

A video shows a Russian T-90 tank falling off a small cliff and becoming stuck. Ukraine has been rigging cheap drones with explosives and striking expensive Russian equipment. The next shot shows the vehicle being struck by a drone, which causes it to explode. The cost of a single FPV drone tends to be around $400 to $500, or roughly the cost of a new Playstation. A Russian T-90 tank in Moscow's Red Square during a Victory Day parade rehearsal on May 6, 2010.

Persons: Samuel Bendett, ALEXANDER NEMENOV Organizations: Service, Ukrainian Air Assault Forces, Air Assault Brigade, Center for Naval, Getty, Jerusalem Post Locations: Russian, Ukraine, Wall, Silicon, Ukrainian, Russia, AFP, Klishchiivka, Donetsk, Bakhmut, Jerusalem

☆ Russia says it destroys 20 Ukrainian drones over Crimea
▼ + stars: | 2023-08-12 | by ( ) www.cnbc.com time to read: +1 min

Russian forces destroyed 20 Ukrainian drones launched onto the Crimean Peninsula early on Saturday, Russia's defense ministry said. It said 14 drones were destroyed by air defense systems and six were suppressed by electronic warfare. Sergei Kryuchkov, an adviser to the Russia-installed governor of Crimea, said earlier that air defense systems were engaged in repelling air attack in different parts of the peninsula. Ukraine almost never publicly claims responsibility for the attacks but has said destroying Russia's military infrastructure is crucial for Kyiv's counteroffensive. Moscow annexed Crimea from Ukraine in 2014, eight years before President Vladimir Putin ordered the full-scale invasion of Russia's neighbor in February last year.

Persons: Sergei Kryuchkov, Vladimir Putin Organizations: Mechanized Brigade, Reuters, Kremlin Locations: Russia, Ukraine, Donetsk Oblast, Crimea, Russian, Krasnodar, Moscow

☆ Top tanks worth millions and other expensive heavy armor are being hunted in Ukraine by cheap exploding drones worth only a few hundred bucks
▼ + stars: | 2023-08-08 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +11 min

Ukrainian and Russian heavy armor, including their better tanks, are facing a growing threat: FPV drones. Wojciech Grzedzinski/Anadolu Agency via Getty ImagesWhat are FPV drones? Instead, individual units are putting in orders for FPV drones, and these outfits are doing what they can to meet the demand. It is unclear if or how the FPV drones factored into this figure. Electronic warfare can have an effect on FPV drones, as can the rough cope cages some armored-vehicle crews have welded on their tanks and fighting vehicles to shield it from the exploding FPV drones, though not always.

Persons: Samuel Bendett, Wojciech Grzedzinski, David Hambling, Bendett, Steve Wright, Yuriy Mate, Jack Watling, Nick Reynolds, it's Organizations: Service, Center for Naval, Mechanized Brigade, Anadolu Agency, Getty, Army, Drones, Newsweek, Ukraine, Royal United Services, PBS Locations: Russian, Wall, Silicon, Ukraine, Russia, Ukrainian, Donetsk Oblast, China

☆ How — and when — Ukraine's war with Russia could end
▼ + stars: | 2023-08-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Wojciech Grzedzinski | Anadolu Agency | Getty ImagesThe war between Russia and Ukraine entered a new phase this summer when Kyiv launched its much-anticipated counteroffensive, and there were hopes Ukraine would regain the upper hand. "By the end of this year, both sides will think they still have more to gain by fighting. "Literally, they're [the Ukrainian forces] just running into the first line of defenses now, but that's a 30 kilometer deep belt of minefields and trenches and counter attacks. Meanwhile, any prospect of peace talks between Russia and Ukraine look slim despite efforts to bring both sides to the negotiating table. "One outcome is that this war is fought out because Ukraine gets the help to do it.

Persons: King Danylo, Wojciech Grzedzinski, It's, Richard Barrons, isn't, Barrons, Nick Reynolds, they've, you've, Jamie Shea, Shea, John Kirby Organizations: Mechanized Brigade, Anadolu Agency, Getty, Kyiv, Russian, Military, Joint Forces Command, CNBC, Ukrainian, Ukraine's Defense Ministry, Battalion, Territorial Defense, Ukrainian Air Force, NATO, Ukraine, U.S . National Security Locations: Ukrainian, Russia, Ukraine, Donetsk Oblast, Donetsk, Bakhmut, Berdyansk, Azov, London, Russian, Crimea, United States, Vilnius, Lithuania, China, India, Jeddah, Saudi Arabia, U.S, Greece, Cyprus, North, South Korea

☆ Video shows a Ukrainian drone slam into a Russian thermobaric rocket launcher, triggering a massive explosion
▼ + stars: | 2023-07-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

A new video shows a Ukrainian drone hitting a Russian thermobaric rocket launcher. Zaitseve, Donetsk Oblast, a Ukrainian FPV loitering munition hits the launcher of a Russian TOS-1 MRL. The consequence of an RPG-sized warhead hitting roughly 24 MO.1.01.04 220mm thermobaric rockets isn't surprising. Host photo agency/Ramil Sitdikov via REUTERSIt's not the first time Ukraine has touted the destruction of a TOS-1 rocket launcher. Back in February, Kyiv shared a video of an reported destruction of a Russian thermobaric rocket launcher in the Donetsk region of Ukraine.

Persons: OSINTtechnical, Oliver Alexander, Sitdikov, REUTERS It's Organizations: Service, Center for Naval, REUTERS Locations: Ukrainian, Russian, Wall, Silicon, Zaitseve, Donetsk Oblast, Red, Moscow, Russia, Ukraine, Kyiv, Donetsk, Soviet

☆ Photos capture the crude cages Russian and Ukrainian crews are welding on their tanks and armor as a last-ditch defense
▼ + stars: | 2023-07-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Russian and Ukrainian troops are outfitting their tanks and fighting vehicles with crude cages. Facing growing explosive threats, often from above, Russian and Ukrainian vehicle crews are constructing their own extra layer of defense. Collectively, both sides have lost thousands of tanks, infantry fighting vehicles (IFVs), and armored personnel carriers (APCs). But videos and photos of the Russian cages tell and different story, as they appear to look more temporary and perhaps not as well planned. Other images of Russian MT-LB armored fighting vehicles show the cages appearing to look more flimsy and without much structural integrity.

Persons: Mary, Gian Gentile, RAND's, Gentile Organizations: US, Service, Troops, RAND's Arroyo Center Locations: Wall, Silicon, Ukrainian, Iraq, RAND's Arroyo, Ukraine, quadcopters, Russian

☆ Russia's Lancet drone is hampering Ukraine's counteroffensive, smashing Western gear and exposing poor air defenses
▼ + stars: | 2023-06-13 | by ( Kieran Corcoran | Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

Footage of destroyed Ukrainian vehicles is spreading, often attributed to the Lancet drone. Russian officials have gleefully shared videos of piled-up wreckage, and often cited as the cause the Russian-made Lancet drone. A still image from a video claiming to show the moment just before Russia's Lancet drones hit a cluster of vehicles. obtf_kaskad/TelegramA still image from a video purporting to show the moment just before Russia's Lancet drones hit a cluster of vehicles. "We should also note that we don't know how many of these new Lancet drones Russia has," he added.

Persons: —, James Patton Rogers, Rogers, Olga Skabeyeva, Vladimir Solovyov, Axel Springer, Patton Rogers, Julian Röpcke, Lancets Organizations: Service, Cornell Tech Policy Institute, University of Southern, Donetsk People's, Russian, IRIS, Air, Ukraine — Locations: Ukraine, Russia, Russian, —, University of Southern Denmark, Donetsk People's Republic, Germany, Ukrainian

☆ Video shows Ukrainian artillery raking a Russian tank convoy near the front lines, destroying one of the T-72s
▼ + stars: | 2023-06-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

A video shows Ukrainian artillery raking a Russian tank convoy and destroying a T-72. The video, posted on Twitter by a Ukrainian weapons tracker on Monday, appears to show a long convoy of Russian tanks moving through an area south of the small village of Robotyune. In the video, Ukrainian artillery begins targeting the convoy, barely missing the Soviet-made tanks. Another video shows a similar situation in Staromaiorske, Donetsk, where Ukrainian forces destroyed a T-80BVM using a suicide drone. —🇺🇦 Ukraine Weapons Tracker (@UAWeapons) June 12, 2023A few seconds of the video show the drone's perspective as it closes in on the tank.

Persons: —, sid Organizations: Service, Twitter Locations: Russia, Ukraine, Russian, Ukrainian, Robotyune

“We call this one Vidsyich (Ukrainian word for ‘repel’).”The Vidsyich is what Borovyk calls a combat drone, designed to attack Russian positions. Valeriy Borovyk as his Vidsyich drone -- one of several he's developed -- is catapulted into the sky. Fedorov and Shchyhol observe a drone competition with the view of procuring more equipment for the Ukrainian military. Valeriy Borovyk's Vidsyich (Ukrainian for 'repel') drone can fly 40 km and carry a warhead with up to three kilograms. Vasco Cotovio/CNNOne longer-range Ukrainian drone is the UJ-22, made by Ukrjet and with a reported range of up to 800 kilometers (500 miles).

Persons: Borovyk, Vasco Cotovio, CNN Borovyk, “, ” Borovyk, Digital Transformation Mykhailo Fedorov, ” Fedorov, Fedorov, ”, ” Denis Sega, Yuriy Shchyhol, ” Shchyhol, Serhiy Prytula, Borovyk's Vidsyich, Anton Gerashchenko, Putin Organizations: CNN, Moscow, Ministry of Digital, Digital Transformation, “ Army, Drones, Sega, country’s, Service of Special Communications, Kremlin, Twitter Locations: Ukraine, Russia, Crimea, Kyiv, Ukrainian, Brig, Moscow, Ilysk, Kuban

☆ A Ukrainian drone maker said they're building drones that can carry out surprise attacks to target Russia's 'very expensive' equipment
▼ + stars: | 2023-06-03 | by ( Kelly Mclaughlin | ) www.businessinsider.com time to read: +2 min

Drone maker Valeriy Borovyk told CNN that he's building "very stealthy" drones for Ukraine. He said the drones can be used to carry out surprise attacks on "very expensive" Russian equipment. He told CNN that his team is developing some long-range drones, as well. Drone maker Valeriy Borovyk told CNN that he calls the drones "Vidsyich," which is Ukrainian for "repel." "We mostly concentrate [our attacks] on very expensive [Russian] equipment," he told CNN.

Persons: Valeriy Borovyk, —, James Patton Rogers, Mia Jankowicz, Digital Transformation Mykhailo Fedorov, Fedorov Organizations: CNN, Service, UK's Royal United Services Institute, University of Southern, Digital Transformation, Russia Locations: Ukraine, Ukrainian, Moscow, Russia, University of Southern Denmark

☆ Aibidia, a fintech helping multinational giants pay their taxes, just raised $14.2 million using this 10-slide pitch deck
▼ + stars: | 2023-05-15 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

The Helsinki-based firm helps large multinationals automate and digitize their transfer pricing. Check out the 10-slide pitch deck it used to raise the round co-led by DN Capital and FPV Ventures. Aibidia, a fintech that helps multinational giants pay taxes globally, has raised $14.2 million in funding. Multinationals use transfer pricing to manage their tax exposures by moving transactions between subsidiaries, affiliates, or holding companies to reduce their overall tax burden globally. "The reason no one has done this before is the number of data points and its taxonomy," Leppänen said.

Employees have been working around the clock to onboard as many startups as possible in the wake of the implosion of Silicon Valley Bank. Silicon Valley Bank, which had more than $175 billion in deposits and served nearly half of US VC-backed startups, was taken over by US regulators on March 10. "That said, I am worried that this bias towards a Big Four bank is a double-edged sword," Shekar added. "SVB did not think like a big bank. They could understand your operating plan when a big bank would balk at it," Ashley Tyrner, CEO and founder of FarmBoxRX, told Insider.

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