Ukraine in talks on cheaper Patriot alternative

Ukrainian company Fire Point is negotiating with European partners to produce a new air defence system that could enter production as early as next year. The aim is to create a cheaper alternative to the Patriot system, with the cost of intercepting a ballistic missile expected to fall below $1 million.

According to co-founder Denys Stielierman, the company wants to draw on the experience of the war against Russia and the growing demand for defence technology. Fire Point is also awaiting approval for an investment that would value the firm at $2.5 billion and could expand its activities into satellites.

Ukraine’s combat experience has made it a major innovator in low-cost defence solutions, and a number of firms are seeking to enter the global market. Exports, however, remain subject to state approval.

The company is also completing development of two ballistic missiles. The smaller FP-7, with a range of about 300 kilometres, could be deployed in the near future. The larger FP-9, with a range of 850 kilometres and an 800-kilogram warhead, is being prepared for testing.

Fire Point, established after Moscow’s 2022 invasion, said it is seeking cooperation, particularly in radar, targeting and communications, where Europe has strong technological capabilities.

(reuters, max)