Wed. Jul 17th, 2024

Five countries of the drone coalition for Ukraine have created a common fund of 45 million euros

Natasha Kumar By Natasha Kumar Jul11,2024

Five countries of the drone coalition for Ukraine have created a common fund of 45 million euros

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Members of the drone coalition signed a Memorandum of Understanding, which created a common €45 fund under the leadership of the UK for the rapid and efficient supply of drones to Ukraine.

About this&nbsp ;reported on the British government website.

— The Netherlands, Great Britain, Latvia, New Zealand and Sweden have pledged to contribute more than €45 million to the general fund, with additional contributions expected— the statement says.

They also plan to provide Ukraine with 1 million FPV drones and are working on the creation of reconnaissance and attack drones, drones with artificial intelligence, as well as counter-UAV capabilities.

— Through the drone coalition, we will seek joint procurement initiatives to leverage and expand the nation's industrial capabilities and encourage additional funding to achieve these goals— the message says.

Members of the coalition called on other countries to join the initiative.

The Drone Coalition is focused on providing Ukraine with UAVs and components produced by the industry of the Ukraine Defence Contact Group (UDCG) countries, as well as finding ways to support Ukrainian manufacturers.

Its members have already provided significant support to Ukraine. In particular, Latvia provides a training ground for drone testing, and Britain launched a competition for the development and purchase of FPV drones, receiving 265 applications. While these proposals are being evaluated, the first contracts are expected to be signed in August.

BAGNET notes that on February 17, 2024, the drone coalition was officially launched as part of the work of the Contact Group on the Defense of Ukraine.

Recently, the Latvian Defense Ministry announced the transfer of 2.5 thousand drones to Ukraine as part of the drone coalition for €4 million.

The batch of combat drones of various types and purposes was produced by seven Latvian companies. They will be provided to Ukraine gradually throughout July.

Prepared by: Sergey Daga

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my 1-800-268-7116

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