Ukrainian and American companies in the field of leading defense technologies have launched a
program to support Ukrainian technology startups in the defense field called MITS (“Power”).
The program aims to help young technology companies find the best partners and to scale, and it
allows the Ukraine’s military to gain access to the best defense technology products for its use as
soon as possible.
The accelerator offers $200,000 in support to startups. Of this, $100,000 is a direct investment in
the company and $100,000 for an examination conducted by MITS together with American
University Kyiv (a partner of Arizona State University).
MITS will help categories of startups such as ground robotic systems, drones of various types,
means of electronic warfare, means of communication, optical and acoustic intelligence, military
transport, demining, software, and AI, ammunition, and equipment for the “soldier of the future”.
https://ubn.news/ukrainian-defense-startups-are-eligible-for-200000-in-development-investments/
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