Business news from Ukraine

Business news from Ukraine

Metal pre-detonation screens can protect bridges from drones and small missiles – UCSB

It is extremely difficult to protect a bridge from significant damage in the event of a direct hit by powerful ballistic or cruise missiles, however, properly designed pre-detonation screens are an effective means of protecting such structures from drones and small missiles such as the “Banderole,” noted Andriy Ozeychuk, director of the construction company Rauta and chairman of the board of directors of the Ukrainian Center for Steel Construction (UCSB), in comments to the “Interfax-Ukraine” news agency.

“The most effective structure for protecting the roadbed consists of metal cables with a mesh stretched between them,” he remarked, assessing the effectiveness of a number of engineering solutions to protect bridges across the Dnipro River from Russian strikes.

According to him, to protect the piers and the sides of the spans, spacers made of lattice steel structures must be used. This engineering solution can be quickly implemented using available materials. Metal pre-detonation screens provide high strength without placing a heavy load on existing structures, are easily adaptable to the individual geometry of bridges, can be quickly repaired in the event of localized damage, and can be reinforced if necessary.

The expert emphasized that it is important to make effective use of existing bridge structures as a substructure for attaching steel cables and mesh. For example, for the Northern Bridge, this could be the central cable support to protect the roadway, and for the Darnytsia Bridge, the sides of the roadway can be used as a base for the upper attachment of pre-detonation protection for the supports.

The Ukrainian Steel Construction Association (USCA)—a nonprofit organization registered in July 2013—brings together participants in the steel structure supply chain in the form of an association. USCA members include leading manufacturers and distributors of rolled steel, plants producing metal structures, roofing and facade systems, and light-gauge steel structures; industry-specific design, architectural, and scientific organizations; installation and construction companies; and providers of fire protection and anti-corrosion materials for steel structures, as well as software, equipment, and tools.

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ARX made over 100 payments for damages caused by rocket and drone attacks

Insurance company ARX (Kyiv) made payments totaling UAH 50.831 million in January-September 2025 under military risk insurance, according to information from the insurer.

Payments were made for 104 insured events. Of these, 97 related to motor vehicles insured against damage or destruction as a result of damage or total loss of the vehicle from missiles and drones, including damage from their debris, or debris from structures and trees caused by the fall of such debris.

In addition, seven cases involved payments under insurance contracts for buildings and structures with finishes and communications, integral property complexes, as well as equipment, office equipment, and inventory damaged as a result of rocket and/or drone attacks, for a total amount of over UAH 40 million.

ARX is part of the international insurance holding company Fairfax Financial Holdings Ltd.

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SpaceX successfully launches world’s largest rocket

The fifth test launch of the US Starship rocket system under development for manned missions to the Moon and Mars on Sunday was a success, the development company SpaceX said.

After one orbit around the Earth, the promising Starship manned spacecraft touched down in the Indian Ocean northwest of Australia.

The launch was carried out from SpaceX’s Starbase launch pad in Boca Chica, southeast Texas, at 08:25 a.m. ET (15:25 a.m. Kyiv time).

Meanwhile, for the first time in the history of space exploration, the Super Heavy carrier has successfully landed back at the launch complex, where it was grabbed by the Mechazilla system levers during landing.

The reusable rocket system consists of the Starship spacecraft and the Super Heavy launch vehicle. Its height exceeds 120 meters. It is taller than any other rocket ever created in the world. The Super Heavy carrier is twice as powerful as the Space Launch System (SLS) heavy rocket being developed by NASA for manned flights to the Moon. The rocket has been launched four times before, but only two flights – in March and June of this year – were successful.

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UKRAINE PLANS TO LAUNCH OWN SATELLITE WITH AMERICAN SPACEX ROCKET

Ukraine has preliminarily selected the American company SpaceX of Elon Musk to launch the Sich 2-30 (2-1) remote sensing satellite in December this year and is currently in technical negotiations with it, Deputy Prime Minister, Minister for Strategic Industries of Ukraine Oleh Urusky has said.
“We really have a window to launch the device in December with the help of a foreign operator – in this case SpaceX, with which we are now cooperating in terms of the compatibility of the device with launch vehicles,” the deputy prime minister said in an interview on Pershy Dilovy TV channel.
According to him, the corresponding decision was made by the president.
Urusky clarified that work with SpaceX is going on intensively and in the near future it will be clear whether it is fundamentally possible to combine the Ukrainian satellite with a SpaceX launch vehicle.
The official noted that today the satellite is practically ready.
“It requires final analysis and operational checks of technical readiness for launch,” he explained.
Urusky added that he personally visited Pivdenmash in Dnipro, where he checked the real state of the spacecraft.
He recalled that the last time Ukraine launched a remote sensing satellite was 10 years ago, so the launch of the new satellite will be an outstanding event.
As reported, President of Ukraine Volodymyr Zelensky earlier this year, commenting on Musk’s statement about communication with the family of Serhiy Korolyov, invited the American businessman and founder of the space company SpaceX to visit the Korolyov Museum of Cosmonautics in Zhytomyr.

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U.S. ROCKET DEVELOPER FIREFLY AEROSPACE PLANS TO RAISE $350 MLN FOR CREATION OF FIREFLY BETA MEDIUM-CLASS LAUNCHER

The U.S. rocket and space technology developer Firefly Aerospace Inc., owned by Ukrainian businessman Maksym Polyakov plans to raise $350 million to scale up production and work on a medium-class launch vehicle – Firefly Beta.
Firefly Aerospace CEO Tom Markusic spoke about these plans during the IPO Edge webinar, the company’s press service said on Thursday.
“In the next five years we want to take Firefly from a $1 billion with Alpha to being on the order of a $10 billion company with a set of different launch vehicles,” Markusic said.
The company said $125 million of the funding would go toward production enhancements, such as facilities and tooling needed to ramp up launch vehicle production. The other $225 million would support growth initiatives, in particular a medium-class vehicle capable of placing 10 tonnes into orbit, about ten times more than the capacity of Alpha.
“Our development phase was $200 million, and that was funded by Maksym Polyakov and Noosphere Venture Partners […] Now we are considering expanding the list of investors in order to raise an additional $350 million, without impeding our ability or fundamentally changing our culture as a nimble, fast-moving space development company,” Markusic said.
He also confirmed plans for Alpha’s inaugural launch soon.
As reported, Firefly Aerospace has already performed checkouts of the Alpha launch vehicle.
As reported, Firefly Aerospace Inc. signed a Launch Services Agreement (LSA) with equipment and avionics company Adaptive Launch Solutions (ALS), which includes four launches of the Alpha rocket starting in 2021.
Ukraine’s Space Electric Thruster Systems (SETS) will provide its SPS-25 propulsion system for the inaugural launch of the Alpha rocket made by a rocket and space technology developer Firefly Aerospace Inc.

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UKRAINIAN-U.S. ROCKET FLIGHT FIRST STAGE SUCCESSFUL

Firefly Aerospace Inc., a U.S. rocket and space technology company owned by Ukrainian businessman Max Polyakov, has successfully performed pre-flight tests of its first Alpha rocket.
The four Reaver engines performed 35 seconds of thrust vector control maneuvers, challenging the flame deflectors to constrain all that Reaver power, the company’s press service said.
Firefly Aerospace Inc. said that this test was a major step in Firefly’s march to its first flight.
The launch of the rocket will be not only a big milestone for the company, but for the entire Noosphere, Polyakov said. He said that the company is building a large space vertical, which includes many companies, and it will soon be ready to provide the full range of services in the space industry – from launching payloads and manufacturing satellites, to control systems and data analysis.
In his opinion, the launch of this rocket will be an important event for Ukraine.
It will show, first of all, to the young generation that Ukraine is capable of producing an intellectual product, that space is not a dream, but a reality, he said. Polyakov said that he has invested a lot of efforts and funds in the development of science in Ukraine, and the company has already launched seven engineering schools and is planning to develop this sphere. He expressed the hope that the launch of Alpha rocket will motivate students.

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