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A Reuters insider at the Ukrainian company Fire Point reported that it is already negotiating with European companies to launch a new revolutionary air defense system by 2027. What is important to understand is that it was Fire Point specialists who created the Ukrainian Flamingo cruise missile.
Main theses:
- Fire Point is awaiting Cabinet approval for investment from the Middle Eastern conglomerate.
- The Ukrainian company was valued at $2.5 billion.
What is known about Fire Point's plans?
According to anonymous sources, the Ukrainian company intends to develop a budget alternative to the American Patriot system.
A statement on this occasion was made by Fire Point co-founder and chief designer Denis Shtilerman.
According to the latter, his team is seriously determined to reduce the cost of intercepting a ballistic missile to below $1 million.
“If we can get the cost down to less than $1 million, it will be… a turning point in air defense solutions… We plan to intercept the first ballistic missile by the end of 2027,” Stillerman emphasized.
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He also officially confirmed to reporters that Fire Point is currently in the final stages of developing two supersonic ballistic missiles.
What is important to understand is that the more compact FP-7 missile with a range of about 300 km will be used for military purposes for the first time soon.
In addition, it is noted that the FP-9 missile, capable of carrying an 800 kg warhead to a distance of up to 850 km, is also actively preparing for its first test.