Fire Point
Denmark is providing a state guarantee for a $113 million loan to Fire Point. The decision by the country topping Transparency International’s ranking is an important signal of financial confidence in the Ukrainian defense manufacturer.
A fire broke out at the NORSI refinery in Kstovo after a drone attack. The exact extent of the damage and the location of the strike are being determined.
Throughout October 31, the Russian Federation launched 168 UAVs and two S8000s at Ukraine. Air defense destroyed or suppressed 122 drones and both missiles.
Fire Point has focused on producing the FP-5 “Flamingo” and developing the FP-7 and FP-9 ballistic missiles. Production of the “Flamingo” is not being discontinued.
Fire Point systems are designed to complete missions without satellite communications.
Zelenskyy said that Ukrainian long-range strikes can already reach targets from Yamal to Western Siberia. Ukraine is scaling up these capabilities.
Fire Point is increasing production of FP-5 Flamingo missiles and FP-1 and FP-2 drones. The company is also developing FP-7 and FP-9 ballistic missiles.
The facility has a designed refining capacity of approximately 8. 8 million tonnes of oil per year.
FP-1 attacks damaged six Russian enterprises producing solid rocket fuel components. An immediate reduction in shelling should not be expected.
FP-1 drones struck the Russian Voronezhsintezkauchuk plant, whose products are used for solid rocket fuel. The facility was already attacked on September 25.
Ukrainian FP-1 drones traveled more than 2,500 km and struck the "Omsk Rubber" plant and an OZON warehouse in Omsk. The plant accounts for about 25% of rubber production in the Russian Federation.
Denys Shtilerman said that the war would not end as long as Putin remains in the Kremlin. He proposed four steps to weaken his power.
An expert explained what consequences attacks on Russian banks’ data centers could have for Russia’s banking system and economy.
The financing will be provided through the Danish Export and Investment Fund.
Ukraine and its European partners plan to test the FREYJA anti-ballistic system by the end of 2026. President of Ukraine Volodymyr Zelenskyy reported on the initial results of the development and Norway’s active participation in the project.
The attacks are damaging Russian oil refineries, repairs to which cost hundreds of millions of dollars and are being complicated by sanctions. Experts are calling for intensified strikes and tighter control over sanctions evasion.
On the night of October 18, FP-1 drones struck the "Ruchyi" oil depot, the "VKontakte" data center, and a terminal in St. Petersburg. Fires broke out at the sites.
Andrius Kubilius, the European Commissioner for Defence and Space, highlighted the importance of Fire Point’s developments.
The President of Ukraine discussed work on the project with the President of France.
Ukraine has a powerful missile legacy; however, after the collapse of the USSR, a significant portion of the industry's production capabilities and technological potential was lost. Modern developments are paving the way for the restoration of Ukraine's own ballistic missile capabilities.
Ukraine’s Defense Forces attacked Sberbank’s mega data center and the Balakovo Metallurgical Plant in Russia’s Saratov region.
Following the attack on the data center in Vladimir, all three of "Yandex's" supercomputers became unavailable. Thousands of Yandex Cloud clients are at risk.
President Zelenskyy reported that Russia’s Omsk Oil Refinery was hit by FP-6 drones (modified FP-1s), while the Ukhta Oil Refinery was struck by An-196 RS unmanned aerial vehicles.
Indigenous ballistic missiles give Ukraine new capabilities to strike targets at a considerable distance and reduce its dependence on partners’ long-range weapons.
On October 8, Ukraine's Defense Forces struck the Omsk Oil Refinery in Russia. The plant processes more than 21 million tonnes of oil annually and supplies the Russian army.
The Defense Forces used FP-1 drones to strike the Omsk Oil Refinery, which processes 22 million tonnes of oil annually. This was reported by an OSINT channel and Fire Point.
A fire broke out at the Gazprom Neftekhim Salavat facility after the attack.
Ukrainian defense companies are increasingly adapting weapons that have already been developed to new tasks instead of developing systems from scratch. Experts explained why the speed of such modifications is critical in the war against Russia.
The development is linked to cooperation between Quantum Systems and Fire Point in countering aerial threats.
Tactical ballistic systems could give Ukraine an additional tool for striking Russian command posts, warehouses, logistics hubs and air defense systems.