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And we must forever preserve the feeling of unity, the feeling of one people, one big family, when every ukrainian wants to be involved in our victory and daughters , dont give up and dont give ukraine to anyone because it is ours and we will overcome everything we will win you who are ukrainians will protect our land because we are strong, strong like the land documentary film about strong ukrainians about us saturday, august 19, 11 15 a. M. Espresso ukrainians romanticize freedom, this is how it happened in our tradition. Will, freedom, its all like air, something you cant touch, but without it you cant breathe, and on the one hand, its really like the classics than because it is not gold, after equating all gold against freedom, it is only a swamp, but only now, when they try to subjugate us again , not metaphorically, but literally, when they try to capture or destroy. Juice has to be paid and we pay. Welcome to the espresso channel. Today we also have a military program, we will talk about military hitech, that is, about new technologies that we need on the battlefield, and here it is not so much about directions or solutions as about creating real conditions for so that ideas quickly turn into practical results. Moreover, by the way, there is an opinion that now ukraine has a unique chance to be not only a Training Ground for those new military technologies, either domestic or foreign, from our partners , drones, reconnaissance, Artificial Intelligence but also to become a country with a new economy precisely on a military basis. Because the army and the Defense Industry are the basis of our existence and development for a longterm strategic perspective. Therefore , we will talk about new defense prospects from military startups to alliances between ukrainian and foreign Defense Industrial Companies Speak in our program with ukrainian experts who have powerful expertise and experience to assess this new reality. I am here serhiy zhorits i am the director of an Information Consulting company defect express, which, together with the espresso channels, strives to highlight the most relevant trends in the field of security and defense, and now we are joined by denisa longterm member of the Supervisory Board of the ukrainian startup fund, the head of the unicorn nest company mr. Denisov. Congratulations , i am glad to see you on the air of the espresso channel , election day is also glad to see you have a cool background, and i think it was also provided by ukrainian technologies from the point of view of using drones of the strike direction, so you now have considerable experience in communicating with our startups of various direction of various directions , now among them at home there are also companies that offer solutions in the field of security and defense. Make a bet on the development of the economy on a military basis and listen to programs for financing projects, e. E. , train people , etc. What are your evaluations of this thesis . Well, my evaluations of this thesis. We can, but i would probably be a little pessimistic, because if we look at israel and other countries in which, for example , defense or military technology is developed, then we can see that it is not a year, not two, not even five. If we play this is a very long road. Well, i would plan for at least 10 years. Well, then that means that the first step should be taken today anyway. You had two interesting speeches one was about if not i am wrong about investments in the ukrainian tagsector and in defense startups, and the other speech was about how you assess the potential of Ukrainian Companies that offer samples that should fly, so i would like you to summarize it in one of your ee summarizing speeches about how you right now you are evaluating this potential of the Ukrainian Military startup, what is cool about the current activity of our Young Companies aa well, first of all, i want to note that it turned out this way yes what i have uh now uh experience of communicating with such companies, and it came out of three directions, the first is that i have an education as a Space Systems faculty member of the kyiv polytechnic university, and i understand flying, second, i have many friends who are on the front lines, who are in intelligence, who need to be helped with drones and we are trying to do it. Thirdly, i have been in startups for the last 1819 years in ventchuk. But they were there more than two hundred, but less than a hundred, not startups , but groups of people, including companies that make something that flies. Well , i can tell my story. Its okay to talk about my experience only based on these meetings , i dont know what is being done in others industries, first of all, and secondly, i have a very powerful network of investors, and some of them turned out to be financing and are financing , including military technologies, in the same Silicon Valley there is a separate separate direction from difenstack and there are large productions er, in raysion and in other Global Companies which produce something capable of killing on the battlefield aa and combining this experience on yes and it turned out that i have a Network Among companies that cooperate with nato and e with people who consult or are in the middle of nato and i talked to everyone and i have several a and the ideas of what is happening and where it can be developed first of all, and when we talk about investments it is not, well, we are talking about money in exchange for a share in the company, and this is usually done by a carrier fund or angels, and they understand that they need to it is desirable to get this money back with a multiplier, that is they invest in business and they are very far from helping ukraine as a country that is at war there and that is, first of all, and secondly, there are people who donate something on rent , it should be noted that we have donations when donors, you buy something and transfer it to the front. And this is a separate, separate series, and this is the only thing that is very well developed in our country, and this is probably partly our trap, but there are now investors who invest in development, and this is how much i spent about a year. I met almost every day i did not travel around ukraine or europe meets with the company. We have driven more than 170,000 km and the main problem we have is that when people invest in a business, they expect that the company they invest in will play by the rules of this business. Have someone in the team have experience in participating in international tenders. Because when we talk about the sale of arms, for example, to the middle east in asia or well, we are not talking about europe and america, but such markets are more understandable for us, where there are no powerful , sufficiently massive, powerful players where are the ukrainians . They can sneak in like this, firstly, if the team does not understand how to get there, then it does not get money, and secondly, we have such a concept that not all our companies understand, as a military standard, it is a separate standard according to which all things are produced and developed military, ee, technological, all products used in the military, and this is a very important thing, because it is several volumes , including how to solder, how to close, what is needed inside, and it is very expensive to take into account during development, and most of our companies that do something, they are focused on that to mold with, as the americans say, bricks made of feces and sticks, something that can literally kill muscovites today. And when they decide what they will make products that can be sold in asia and spend a couple of years and a million money on it there, or do something what tomorrow they will fly and kill, they choose this direction so that they can quickly put it on the front, and such companies are almost not interested in international investors, but they can count on donor contributions from our diaspora very actively here and they can count on the fact that volunteers and donors will bathe in their feet. They have something that can also be supplied to the front and this is a separate direction, which is good, good that in the technological business 99. 7 stands and when we have a fullscale the invasion of such companies was small, the probability of success was very small, now we have hundreds of such companies, and maybe even thousands, and the probability that one of them will succeed and a competitive product for Global Markets will be created is very high, very high we literally have 4 minutes. I would like to study these four minutes, tell about certain directions and projects with contacts with our teams, what impressed you personally, but there was a feeling of just such a powerful foundation for the creation of such combat startups and the creation of concrete of connections on the battlefield. Well, first of all, before the invasion, we had a large number of startups that were doing something on the military theme, and not in a hurry, and if we look at what is now flying and killing, and which is very similar to worldclass products, this is a company that has many years of experience there 2 3 4 even 10 years and such companies i found several dozen and it surprised me a lot and it gives hope that they will be able to do something a company that only something only with the beginning of a fullscale invasion they started doing something only at the very beginning of this path and they will need a few more years first to catch up with what is already there and then to develop something that will be better than that but the number of people is the number of technologies involved and the exchange of france and communication with by the military and tests, the instant that it was produced gives us a very good chance that in the course of 23fourfive or more years we will have powerful products with which we can do something on Global Markets , mr. Thank you very much for these optimistic forecasts its a pity that there is a lack of time due to hostile actions with enemy aircraft. I hope that we will continue this conversation there. Thank you for your inclusion for your experience, and i would like to remind our viewers that in etherius press there was denys longopolyi, a member of the Supervisory Board of the ukrainian startup fund, the head of the unicorn nest company, ukrainians romanticize freedom, this is how it happened in our tradition, volya svoboda, all this is like air, something that you cannot touch but without it you cant breathe and on the one hand its really like the classics, because not a zloty equals all the zloty against freedom, its just a swamp, but only now when they try to subjugate us again not metaphorically, but literally when they try to capture or destroy. Only now has the understanding come freedom has a price and its excessive juice must be paid for and we are paying continue our military program in which we talk about new defense prospects of ukraine from military startups to alliances between ukrainian and foreign defenseindustrial companies, and pavlo verchansky remains with us now he is the director of the takerochartner of the Ukrainian Company kosa, a member of the International Working group on russian sanctions and cocoordinator of the working group of the security and Space Industry Group of the americanukrainianamerican Business Council , mr. Pavlo, glad to see you and hear you on the air of the channel, expressor serhiy, glad to hear. Said that there really is a significant potential in the creation of new types of weapons. Based on the ideas that are offered to the young company. Cooperation of Ukrainian Defense companies abroad with companies that already have welldeveloped products that are really needed on the battlefield and literally yesterday there was an initiative by the president of ukraine, at which he said that the first forum of Defense Industries will be held, which is intended to gather representatives of ukrainian and Foreign Companies, it will take place in the fall and he said that it should give such a new security impulse for the world, the forum is scheduled for the fall , and then the question arises, what exactly is the interest in of Foreign Companies to cooperate with ukraine, because your company, as you understand, cooperates with many Foreign Companies in great detail, studies and creates the prerequisites for such. Well, correct communication between foreign business and our business. Defense and industrial sectors today, to say that they are very strongly attracted to something would be a bit of an exaggeration. But they are definitely looking in our direction and they are looking for opportunities for this it will be very banal, but for the development of its business, the fact that ukraine has become an importer of weapons and , in the conditions of war, is forced to purchase weapons abroad in order to quickly close some lost positions, or opportunities for the development of its own pc have not been created, and therefore, lets say, Foreign Companies see an opportunity now to quickly come here as sellers, at the same time there are more strategically oriented corporations that are playing the long game and are trying, or looking for opportunities to cooperate with the Ukrainian Defense and Industrial Complex for creation of joint enterprises of joint production. They are looking for opportunities to expand their own production somewhere. They are looking for opportunities for joint production with ukraine, again, because ukraine is already an importer of weapons, it will potentially buy even more of them, and in principle it will already be forced to go to in good sense, is forced to switch to nato standards and buy and produce new weapons for itself that are no longer of the soviet type and not of the postsoviet type, and the corporations understand that this will happen in one way or another, everyone believes in our victory and who will be the first to enter whose platform will be the first to take root here but surely it will develop and have and have market prospects when i say platform it can also be a main battle tank it can be an armored personnel carrier bmp it can be military aircraft, fighters, something is clear, ukraine will surely be able to save from its own production well, i hope there, lets say, lets dream there about a military transport aviation that we will be able to save and then foreign partners maybe they will be involved or join us in some, too, we need a little to catch up well, it is not a little significant to catch up with the global Defense Industry, and here without illusions, in order to quickly go this way, you also need to enter into joint projects with foreign colleagues. And this, by the way, is a ready basis for such free projects because, on the one hand, we seem to have examples of success there, we say about the company bykar about the company ryan metal about other offers is there such a well, a normal working basis to really quickly start creating joint products because if you said that nothing in particular is not attractive in ukraine, it means that we have to create conditions that are attractive, that we have to earn in order for the progress to be greater and faster and noticeable immediately, if it is serious , then in principle we have a certain technological base. The school and that is, the personnel, of course, there is a problem with their outflow , especially with the war. Unfortunately, the creation of Study Programs on the basis of ukrainian universities is also one of the ways , lets say, the attraction of International Partners , we are talking with some of them about the creation such programs together. Some of them postpone it until after the war. There are many other processes that, in our opinion , should still be started now because there is so much wasted time. Plus, i would not forget about the resource base. Natural resources, such as titanium, aluminum, and lithium, which are available in ukraine and which also require some development in terms of their processing, because it is not interesting to deal only with Raw Materials and sell Raw Materials to the same partners of ours. On our own, this is already a question. The second is to develop the processing of these resources, which are those resources that are used in the defense and industrial Defense Industry , and considering the fact that none of our partners wants to do business with russia, which was one of such exporters of these products, then we have in principle, to win some positions, some er, some positions for myself in this, in this area , especially if, in my opinion, it will be developed with er together with foreign partners, because i think you know what , for example, because titanium has a large share i used to go to russia, and the russians were already selling the processed product to the same united states, for example, today the situation is changing, and i think we can also use this to our advantage, and this applies to optimization in general, it is the shoulders of our partners supply chains , who are also reorienting some flows of resources and processed products of components to their defense and Industrial Enterprises from countries with which they previously cooperated in principle, and today it is ukraine. If it develops quickly, some to play such positions on yourself, that is, in fact, you mentioned titan as one of the directions of such a combination of the interests of the american and european and Ukrainian Defense industries, and then in this context , you are now with the halfhead of the americanukrainian security and space Industry Working Group Business Council and then in this context i wanted to hear what other directions between the ukrainian american side are promising, which can really be such a booster and accelerator of changes in the ukrainian arc space industry that it is possible here to say, well, in the aerospace industry, we are all waiting for the final, as he emphasizes, final decisions regarding the supply of certain fighter jets to ukraine. Yes, we are all waiting for the fact that at least there will be a final decision and specific deliveries of f16 fighter jets to ukraine. And this quite such a difficult process, although in fact it is a fighter of the generation four plus plus and this we hope that it

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