Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Ukraine aims for mass drone production despite ongoing attacks

Published

on

Ukraine is determined to increase its drone production to tens of thousands every month by the end of the year.

Despite the ongoing challenges posed by Russian attacks, according to the Minister for Strategic Industries. Drones have become a vital component in the Russia-Ukraine conflict, employed extensively by both sides for reconnaissance and offensive operations. To bolster their efforts, Kyiv has focused on ramping up production, albeit relying heavily on foreign-made drone engines.

Oleksandr Kamyshin, the minister overseeing Ukraine’s defence industry, revealed these ambitious plans at a NATO Industry Forum held in Stockholm. Although precise current production figures were not disclosed, Kamyshin suggested that the number was currently in the thousands per month. He stated, “By the end of this year, it would be dozens of thousands a month. And that’s something we grow even faster than conventional warfare ammunition and warfare weapons.”

As the war persists, Ukraine seeks to increase local manufacturing of various military equipment and munitions to ensure a stable and swift supply chain. Russian drone and missile attacks across the nation pose an additional challenge.

Kamyshin emphasised their progress in producing munitions: “Speaking about shells, for instance, we produce times more now than for the whole of last year.” He added that they had developed a model for production that could continue even under enemy shelling.

In addition to their domestic efforts, Ukrainian officials hope to collaborate with Western arms producers to reinvigorate their arms industry and boost their economy. Kamyshin revealed a surge of interest from Western defence companies and announced a joint venture with German arms manufacturer Rheinmetall, paving the way for future partnerships and local production facilities.

Continue Reading

News

The ongoing alcohol related research many ignore

Published

on

New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

Continue Reading

News

How AI is leveraging Amazon’s fast production

Published

on

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

Continue Reading

News

Will the Fed reserve’s cautious stance tame inflation or stifle growth?

Published

on

The Federal Reserve opted to keep interest rates unchanged, signalling concerns over the sluggish pace of inflation improvement.

On this episode of Hot Shots – US Fed Reserve aim for 2%, Elon Musk makes a bold Tesla choice, Amazon makes big movies thanks to AI and fast-food restaurants are facing a big issue with customer retention.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #hot shots #ticker today

Continue Reading
Live Watch Ticker News Live

Trending Now