Sine Engineering Launches Joint Finland Defense Tech Initiative at Kyiv Business Forum

Sine Engineering, a Ukrainian defense technology company, launched a joint initiative with Finland to develop, test, and produce dual-use technologies in the Nordic country, the company announced at the Ukrainian-Finnish Business Forum on October 22, 2026. Yahoo reported the launch.

Sine Engineering's Finland R&D Initiative

The initiative will focus on resilient communications, navigation, and onboard autonomy. Sine Engineering specializes in satellite-independent navigation software that enables drones to fly without relying on GPS. The company announced the initiative at the Ukrainian-Finnish Business Forum in Kyiv, attended by President Volodymyr Zelensky and Finnish Prime Minister Petteri Orpo.

Sine Engineering expects the Ukrainian and Finnish governments to support the initiative by including it in the Ukraine-Finland Drone Deal signed on September 23. That deal lets both countries share technology and expertise, collaborate on research and innovation, and jointly develop and manufacture drone technology.

"We look forward to the support of the governments of Ukraine and Finland in including our joint R&D initiative among the projects under the Drone Deal," said Andrii Chulyk, CEO and co-founder of Sine Engineering.

"We are confident that this initiative will strengthen the technological capabilities, defense, and resilience of Ukraine and Finland, while contributing to the security of Europe and our allies," Chulyk said.

The initiative expands Sine Engineering's operations in Finland, where the company opened an office last year. Sine Engineering said it hopes to expand its Finnish team to 100 people by the end of the year, 80% of whom will be engineers. The company produces technology for around 200 Ukrainian drone producers, including interceptor drone manufacturers, and its technologies can also be applied for civilian use.

Sine Engineering's Funding and Scale

Sine Engineering received a $70 million investment from the U.S.-Ukraine Reconstruction Investment Fund in March 2026, according to akta.pro company records, marking URIF's first-ever portfolio investment. The DFC also separately invested $70 million for GPS-jamming-resistant technology. The URIF portfolio of 22 projects is estimated at $1.2 billion. Sine Engineering's communication and navigation modules are integrated into systems used by more than 150 Ukrainian drone and interceptor manufacturers.

Defense Research Deals Across the Sector

Naval Group and Sweden's Marine Technology Center signed an agreement on October 15, 2026, to collaborate on naval defense research covering communications, autonomous systems, seabed infrastructure protection, and digital ship architectures, The Defense Post reported. IIT Kanpur and IIM Bangalore's NSRCEL signed a memorandum of understanding on October 14, 2026, to accelerate deep-tech startups, focusing initially on defence, aerospace, and dual-use technologies, CXOToday.com reported. Aplicata Technologies and Misty Ventures signed a memorandum of understanding on October 23, 2026, to pursue Canadian defence opportunities through a Saskatchewan-based joint venture, Prweb reported.

Finland Agreements Signed in Kyiv

Following the business forum on October 22, Kyiv and Helsinki signed seven agreements worth a total of 330 million euros (over $336 million), including support for Kyiv's energy infrastructure and greater access to Finland's satellite networks. The Finnish tech companies ICEYE and Nokia also signed a letter of intent with Ukraine's Defense Ministry, formalizing a partnership aimed at developing Ukraine's own satellite communications system amid disruptions to Ukraine's Starlink services.