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

Leaders

Commercial real estate targeted for producing 40% of global emissions

Published

on

Commercial real estate contributes significantly to global emissions, with reports suggesting it makes up to 40% of the total – so is there a solution in sight?

Global strategies are setting out to transform this impact by promoting the development of sustainable buildings.

As climate change continues to be a pressing global issue, the commercial real estate sector must pivot towards more eco-friendly solutions.

One of the most impactful actions that can be taken to mitigate the environmental impact of commercial real estate is the implementation of building automation systems.

Louise Monger, Vice President, Digital Buildings of Schneider Electric, joins to share her key insights into the issue. #featured

Continue Reading

Leaders

Australia’s electricity grid faces an urgent overhaul as consumption dramatically doubles

Published

on

By 2050, AEMO has predicted that Australia’s electricity use will double due to renewable energy and electrification, prompting a necessary overhaul of the country’s aging power grid.

The adoption of renewable energy sources and electrification is set to double Australia’s electricity consumption by 2050.

The fast-adoption has created an urgent need for reconfiguration and enhancement of the nation’s century-old electricity grid.

James Hunt, Pacific Vice President of Power Systems and Services of Schneider Electric joins to discuss. #featured

Continue Reading

News

House of the Dragon season 2 profits despite review scores

Published

on

Viewership Surge: 1 Million Revisit “House of the Dragon” Ahead of Season 2.

 

HBO took a big bet on its “Game of Thrones” spin-off, with one million people rewatching the first season of “House of the Dragon” in the days leading up to the Season 2 premiere, according to Warner Bros. Discovery. However, not all reviews have been glowing. #featured #trending

Continue Reading

Trending Now