Ukraine’s Lviv has become a hub for defense innovation, drawing international investors into Ukraine’s cutting-edge technologies. At the Defense Tech Valley 2025 summit, Ukrainian Defense Companies attracted over $100 million.

Amid ongoing war and without guaranteed US aid or security assurances, Ukraine faces a critical need for robust defense funding to secure victory.

The annual cost of the war currently amounts to around $120 billion, with Ukraine seeking to allocate $60 billion from its 2026 state budget for defense, roughly half of what is actually needed. The remaining funds must come from international partners, making global investment in Ukraine’s defense sector crucial.

Defense Tech Valley 2025 summit

Over 5,000 participants from 50+ countries attended Defense Tech Valley 2025. At the event, four companies from Europe and the US announced plans to invest over $100 million in Ukrainian defense tech.

Key investments include: 

• NUNC Capital (Netherlands): €20 million for advanced materials, electronic warfare, and smart manufacturing.
• Verne Capital (Germany-Luxembourg): up to €25 million in European defense and cybersecurity companies.
• Varangians (Sweden): closed its first deal (details forthcoming).
• Oedipus Inc.: Europe’s first permanent capital fund focused solely on defense tech.

Boosting Ukrainian defense tech

According to Mykhailo Fedorov, Ukraine’s Minister of Digital Transformation, Brave1 has helped Ukrainian defense companies raise $90 million since 2024, with the average investment growing from $300K to $1 million. The initiative continues to expand Ukraine’s defense tech ecosystem and foster international collaboration.

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has imposed sanctions on the Russian IT company Aeza Group for hosting infostealers and ransomware operations, according to a press release published on July 1.

Restrictions were imposed on two subsidiaries and four members of the Aeza Group's management as well, the statement read.

The U.S. Treasury Department characterized Aeza as a "bulletproof hosting service" that provided services to the Meduza and Lumma infostealers, as well as to the BianLian and RedLine ransomware groups.

Aeza Group also hosted the Russian-language darknet marketplace for illegal drugs, BlackSprut.

According to the U.S. Treasury Department, Aeza Group sells access to specialized servers that help cybercriminals avoid detection and resist attempts by law enforcement agencies to suppress their criminal activities.

Sanctions against the company involve blocking all assets of the named individuals located in the U.S. Any legal entities that are owned, directly or indirectly, individually or in the aggregate, by 50% or more by one or more of the mentioned individuals are also blocked.

Violation of the U.S. sanctions may result in civil or criminal penalties.

The news comes as Ukraine continues to call on the U.S. to strengthen sanctions against Russia. Despite Russia's refusal to accept the ceasefire proposal and its army's ongoing advance across Ukrainian territory, the Trump administration has not yet imposed new restrictions.

Meanwhile, Senators Lindsey Graham (R) and Richard Blumenthal (D) introduced a bill to impose a 500% tariff on imports from countries that continue to buy Russian oil and raw materials.

The legislation currently has broad bipartisan support, with 82 out of 100 U.S. senators backing it. U.S. House Speaker Mike Johnson also voiced his support for the bill.

Ukraine’s new interceptor UAVs are starting to knock Russia’s long-range Shahed drones out of the sky

Russia’s Shahed drone swarms are pummeling Ukraine on a nightly basis, inflicting ever more death and destruction in cities that had managed to carve out some sense of normalcy amid wartime. Civilian alarm has grown. With traditional air defense stockpiles running low, the government is banking on newly created

The Kyiv IndependentKollen Post

Ukraine's security service (SBU) is teaching teenagers how to avoid recruitment by Russian intelligence online, the New York Times (NYT) reported on June 21.

"Maybe not all of these special operations are reported in the media — but believe me, the enemy is not sleeping... They are working actively and carrying out illegal activities, as strange as it may sound, directly inside your phones," SBU spokesperson Roksolana Yavorska-Isaienko told students.

Approximately 22% of Ukrainians recruited by Russian intelligence to conduct sabotage or terrorist attacks are minors, Artem Dekhtiarenko, SBU spokesperson, said on April 2.

Russian intelligence attempts to recruit Ukrainian civilians online, offering easy money in return for sharing sensitive data or preparing sabotage or terrorist acts.

Russian intelligence finds its recruits using social platforms, including Telegram, Discord, and TikTok.

Unsuspecting teenagers are often offered hundreds or even thousands of dollars to conduct simpler tasks such as delivering packages or taking photos of energy sites, the NYT reports.

More serious tasks are commonly assigned to teenagers once they have been blackmailed for conducting less serious operations beforehand or when their phones are hacked to reveal compromising photos.

Russian intelligence is actively attempting to recruit Ukrainian nationals for illegal operations across the EU, Ukraine's military intelligence agency (HUR) said on June 2.

"The recruitment of Ukrainians for hostile operations in Europe is yet another tool of hybrid aggression that the Russian Federation is waging against Ukraine and the entire European community," HUR said.

The SBU caught a Russian agent as he was filming a military airfield in preparation for a Russian strike, the agency reported on June 15.

The Russian Federal Security Service (FSB) recruited the unemployed 24-year-old via the Telegram messaging app to collect coordinates for air attacks on airfields and logistic depots, the SBU said.

The Russian FSB allegedly offered "easy money" and instructed the recruit to find military facilities and carry out reconnaissance on the ground.

Love, sex, survival — Ukrainian author on how war shapes intimacy in Ukraine

In Ukraine, Russia’s war of aggression has upended not just borders but the country’s cultural landscape. Conversations about identity, gender, and sexuality have gained new urgency. Women are increasingly stepping into combat roles once dominated by men, while relationships can dissolve as quickly as they form. Many people

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