Aviation & space

Russian developers invited to Vilnius international hackathon (apply until April 24)

Developers from Russia and other Eastern European countries are invited to a 48-hour international hackathon to develop new IT solutions for the aviation and travel industries. Hacker Games Pro: Aviation will be held at Vilnius Tech Park on April 28-30. More than 100 participants are expected. Teams will work either independently or in cooperation with …

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Russia can compete with SpaceX, Kremlin claims

The Silicon Valley entrepreneur’s SpaceX company made history on March 30 when it launched and landed a used rocket. No one has ever done that before. And the breakthrough has forced Russians to grapple with the decay and struggle of their own national space program. The SpaceX milestone was “an important achievement,” Kremlin spokesman Dmitry Peskov told reporters in Moscow on Friday. But he said it is important …

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Russian and Belorussian businessmen invest $100 million in AI projects worldwide

The global AI investment fever has hit Eastern Europe with two funds, Larnabel VC and VP Capital, making their first local and international deals under a joint $100 million investment program. Larnabel VC is the venture arm of the Gutseriev family, one of the richest in Russia. VP Capital is the investment vehicle of Belarussian businessman Viktor Prokopenya. Any project types are potentially eligible. “We …

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Russia wants to deploy drones and IoT solutions in 1 farm out of 3

Should proper measures be taken to develop and deploy these technologies, one Russian farm in three could use Internet-of-Things (IoT) solutions and drones in their operations in less than three years, according to a roadmap now circulating among Russian government  circles. Held in the framework of Russia’s governmental strategy for food quality until 2030, the discussions …

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Russian drone maker attracts €1 million

Aviasolutions (“Aviaresheniya” in Russian), a manufacturer of industrial drones based in Kazan, Tatarstan, has attracted around €1 million from undisclosed individual investors. The deal was reported last week by Russian online publication Firrma.ru. Thanks to this capital injection, the company will start small-scale manufacturing of ‘FLYP,’ their latest industrial drone model for commercial purposes as pilot projects …

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Russia’s Imperious Group injects $400,000 in American-Ukrainian private jet service startup Jetme

In California, Ukrainian developers have launched the startup JetMe, a service which allows users to reserve and pay for flights on private jets to any point around the globe. One of the startup’s founders is Yuriy Romanyukha, an associate for Russia-based fund Imperious Group. Almost immediately after the project launched, JetMe obtained $400,000 in funding from this fund …

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GLONASS mandated for Russian civil aviation by 2018

Rossiiskaya Gazeta, the official print media organ for the Russian government, has published a decision by the Russian Ministry of Transport last week to make GLONASS or GLONASS+GPS satellite navigation equipment standard for most civil airplanes and helicopters in Russia. The measure is intended to boost safety and improve air traffic control, the ministry stated. …

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