Iryna Terekh
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.
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.
Fire Point CEO Iryna Terekh refuted information alleging that production of the FP-5 "Flamingo" cruise missiles had been halted. The manipulation arose from the dissemination of a fragment of her interview taken out of context.
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.
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.
Indigenous ballistic missiles give Ukraine new capabilities to strike targets at a considerable distance and reduce its dependence on partners’ long-range weapons.
Ukrainian military forces struck a Russian Buk-M3, a base for attack UAVs, an electronic warfare station, telecommunications nodes and repair units.
Volodymyr Zelenskyy announced the first combat use of Ukraine's FP-7. The Fire Point missile is described as a cheaper alternative to ATACMS.
Denmark said that Russia does not want peace, and therefore Europe must accelerate the expansion of its own defense capabilities.
In September, Ukraine expanded the geography of its long-range strikes against Russia, hitting oil refineries, defense-industry enterprises, air-defense systems, and logistics facilities.
Fire Point is integrating data on strikes by Iskander and North Korean missiles into Freyja's algorithms. The first interception is planned by mid-2027.
The FP-1 long-range unmanned aerial vehicle uses a component from racing cars that helps prepare the aircraft for launch more quickly.
Fire Point CEO Iryna Terekh said that the term “milftech” embodies the idea of drawing more attention to the underrepresentation of women in miltech and STEM.
The president said that Freyja should become an integrated part of the defense of Ukraine and Europe.
The war has created demand for thousands of engines for missiles and drones. Fire Point is testing its own engine for Flamingo and plans mass production.
Zelenskyy spoke about the joint Freyja anti-ballistic program with partners. The first results are expected this year.
Poland joined the coalition of Ukraine and its allies to create the Freyja system.
The President emphasized that the strongest companies in Europe are already involved in the Freyja program.
The government submitted the 2027 draft budget to parliament with UAH 4. 885 trillion allocated for defense. More funds were also earmarked for education, healthcare, and business support.
According to the president, work on implementing the Freyja project will proceed quickly.
According to Iryna Terekh, European companies should use this time to strengthen their defense capabilities.
Iryna Terekh noted that Fire Point regularly monitors media attacks and in approximately 90% of cases traces their origin to Russia.
The warehouse covered an area of 85,000 square meters.
Ukraine and the United States are working to resume negotiations after the elections in russia. Possible agreements include energy and grain exports.
Canada is ready to provide technologies for the Freyja program and has agreed to additional defense supplies. The parties are also working on the Drone Deal.