On October 16-17, Russian tech startups will have an opportunity to present their projects to a variety of investors, innovators, scientists from 30 different countries. Some 35 speakers have been invited from China, the USA, Mexico, the UK, France, Italy, Lichtenstein, Vatican and other countries, in addition to Russian representatives. This exceptional gathering will take …
S7 Group, a major Russian airline company, is about to launch a $50 million venture fund, Vedomosti reports. Since last year, the group has already invested some $10 million “in startups developing digital and industrial technologies,” S7’s VP for innovation Dmitry Chuiko told the business daily. These startups are from Western Europe, the USA, India and China, with …
Airline company S7 to launch $50 million venture fund Read More
To guard against drone attacks during this summer’s FIFA World Cup, the Russian military will deploy mobile electronic warfare stations in all 11 cities where games will take place between June 14 and July 15. By executive order, the Russian authorities will also be cracking down on alcohol sales and public demonstrations in host cities, as reported …
Russian military to deploy mobile electronic warfare stations in all World Cup cities Read More
Two Russian serial entrepreneurs Mikhail Kokorich and Vadim Makhov have launched a joint investment firm to support B2B companies that use space technologies, Russian business publication Kommersant reported on April 24. Makhov holds a 51% stake in the company, while Kokorich has received a 49% share. Dubbed ‘Oden Holdings Limited,’ the company will target projects …
Russian investors bet on companies using space technologies Read More
AgroDroneGroup, a Russian startup that uses drones and computer software to closely monitor the condition of soil and crops, has raised 25 million rubles (some $440,000) in investment from the Russian-Belarusian Venture Investment Fund (RBF Ventures). The news was reported in late March by the Skolkovo Foundation, which cited Firrma. The deal, in which the …
Russian-Belarusian fund invests in precision farming startup Read More
Nowhere did Tuesday’s launch of SpaceX’s Falcon Heavy rocket echo as powerfully as in Russia. The private U.S. company continues to produce technical feats on which the Russian space industry has given up: First the consistent reuse of rockets, and now the successful launch of a rocket with as many as 27 engines. The Soviet Union tried something similar …
Russian engineers from Russian Helicopters claim to be in the process of developing the world’s first hybrid plane-helicopter, reports Sputnik. The Ka-90 is expected to fly like a helicopter for takeoff and land, while comparable to an airplane in cruise flight. The aircraft is expected to have a maximum speed of up to 800 kilometers per hour. …
Russia is developing next-gen plane-helicopter hybrid Read More
Russian flying motorbikes could soon thrive under Dubai sun, following a memorandum of understanding (MoU) signed by Hoversurf, the Russian startup which has designed these futuristic machines, and the emirate’s police. The agreement was inked last week after Hoversurf demonstrated its motorbike at the GITEX technology week in Dubai. The local police intend to use the flying …
Russian startup to provide flying motorbikes to Dubai police Read More
The deterioration of the US-Russia relationship has not stopped all business ties, including in the field of high technologies. Thus in late August the management of HorizonX, a new subdivision of Boeing set up by the U.S. aerospace giant to search the world for startups offering revolutionary ideas, visited Skolkovo. The Russiant tech hub is one of …
Boeing HorizonX visits Skolkovo in search of game-changing tech startups Read More
Roscosmos, the Russian space agency, has launched a venture fund to support space innovation in Russia, said Roscosmos General Manager Igor Komarov last week in an interview with TASS. The new fund will support innovative projects in the space industry, including the small satellites production and light missile carriers development, student-oriented initiatives, as well as innovation centers …
Russian space agency Roscosmos launches venture fund Read More
Sistema Finance, a subsidiary of the Russian conglomerate AFK Sistema, has paid €2.6 million to acquire a 50% stake in a Lithuanian drone operator. Laserpas provides surveillance and high-precision monitoring solutions for large power line operators worldwide. The company employs electric- and petrol-powered long-range unmanned aerial vehicles (UAV) to gather considerable volumes of data “at an unprecedented …
Russian Sistema invests €2.6 million in Lithuanian drone operator for power networks Read More
Last week Sberbank, the national savings bank, launched a pilot program which could see cash delivered by drone, reports The Moscow Times. The first drone-assisted delivery took place on Thursday, said Lev Khasis, the first deputy chairman of the bank’s board. Announcing the program in May, CEO German Gref warned that “a lot of questions” still …
