Ukrainian missile maker Fire Point says it is pursuing a lower-cost air defense system by 2027

Why is Fire Point comparing its project to Patriot?

Fire Point says its planned system is meant to be a lower-cost alternative to Patriot, which the company and Reuters-linked reports say has become harder to obtain as demand for air defense has risen Reuters,Mind.ua.

What cost target is Fire Point setting for interceptions?

The company says it wants to bring the cost of intercepting a ballistic missile below $1 million, which its co-founder said would significantly change the economics of air defense Reuters,ТСН.ua.

What else did Fire Point say could result from the proposed investment?

Fire Point says the proposed investment, which it says values the company at $2.5 billion, could open new business opportunities including low-orbit satellite launches, pending government approval Reuters,Irish Independent.