TAF Industries signed a joint-venture memorandum with Danish firm Upteko for production but says bureaucracy is slowing the process. Meanwhile, Resist.UA agreed to invest in BlueShadow, a Danish maritime-defense startup whose founder commanded a US nuclear submarine and whose engineering team works largely in Ukraine, Defender Media reported.
Ukraine's defense industry has outgrown much of its own 2022-era hardware in two years of rapid wartime iteration, but a government fee of 20-30% on export permits and over 200 stalled co-production bids have left the country's foreign arms sales far behind battlefield demand. Deals like the two in Denmark route Ukrainian technology into allied markets without waiting for Kyiv's export apparatus to catch up.
Ukrainian first-person-view drones, made on Danish soil
Drone maker TAF Industries plans to produce its first batch in Denmark by the end of 2026, through a joint venture with local firm Upteko. The two signed a memorandum in August 2026, but paperwork on both sides has slowed things down.
"We need to pass a fairly large number of bureaucratic procedures to make it possible," chief business development officer Mykhailo Diachenko told NordicDefenceWatch.
He called the year-end target reachable, "though maybe it will look more like a miracle."
TAF wants footholds in other countries that support Ukraine. It has started the process in Norway and is negotiating with Sweden's Recas. Diachenko said the goal is local production plus sharing Ukrainian combat experience and technology with European partners. TAF builds FPV drones, with capacity near 1 million units a year.
A Ukrainian fund bets on Odesa's sea defense
Ukrainian fund Resist.UA signed a letter of intent to invest an undisclosed sum in Danish maritime-defense startup BlueShadow's €2 million ($2.29 million) pre-seed round, the company announced. BlueShadow's software collects data from maritime sensors, commercial feeds, and open sources, merges them into a single operational picture, and uses AI to detect threats, Defender Media reported.
The company has also built an open software platform it says can help intercept Shahed-type drones. BlueSentry, designed to protect ports, offshore wind farms, undersea cables, and maritime borders from hybrid attack, is one product that the company plans to launch in the Baltic and North seas in October. BlueDragon, now in prototype testing with Defense Ministry certification targeted for late 2026 and deployment planned for spring 2027, is designed to defend Odesa with autonomous swarms of armed sea drones meant to shoot down Russian attack drones.
Founder Charles Maher is a former US Navy submarine commander who ran a nuclear-powered boat, Defender Media reported. Almost his entire engineering team works in Ukraine, drawing on more than 15 Ukrainian suppliers. Resist.UA this summer launched Resist 2.0, an Estonia-based fund aiming to raise €50 million for Ukrainian defense-tech companies.
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