Fire Point has invested $100 million in FP-7 and FP-9 ballistic missiles

Fire Point attracts investment and expands ballistic missile programme

Ukrainian manufacturer of drones and missiles Fire Point has invested about $100 million in the development of FP-7 and FP-9 ballistic missiles, which are already being tested. This was reported by Forbes.

The company is simultaneously scaling up production of drones and cruise missiles, which are actively used by the Ukrainian Defence Forces in the war against Russia.

Fire Point missile programme: investment and testing

According to Forbes, investments in ballistic missiles have become one of the company's key strategic projects. The FP-7 and FP-9 missiles are already at the testing stage, paving the way for mass production in the near future.

The development of its own ballistics is seen as an important element in strengthening Ukraine's long-range capabilities and reducing its dependence on external arms supplies.

Production capabilities and reducing the cost of missiles

Fire Point is technically ready to produce up to three FP-7 missiles per day. The company aims to reduce the cost of one missile to less than $1 million, which will allow it to move to large-scale serial production.

Reducing costs is a critical factor for a long-lasting war and a stable supply of precision weapons to the Defence Forces.

Fuel production in Denmark: safety and environmental reasons

Due to the increased security and environmental risks, the production of ballistic missile fuel is expected to start in Denmark in 2026.

This approach will help minimise potential threats to civilian infrastructure and comply with European industrial safety and environmental control standards.

Attracting foreign investment

To finance the production scale-up, Fire Point attracted public investment from the Middle East, selling about 30% to the company.

The funds will be used to expand production capacity, accelerate rocket production and develop new technological areas.

Current production of drones and combat use

Currently, the company produces approximately 100 drones daily. The manufacturer estimates that these products account for more than 50% of all Ukrainian strikes on Russian targets.

In addition to drones, the company also produces cruise missiles and is testing its own ballistic missile platform.

Context: development of the Ukrainian military-industrial complex

Against the backdrop of the ongoing war, Ukraine is actively increasing its own arms production, in particular in the areas of drones, missile systems and precision weapons. This is in line with the strategic goals of strengthening defence capabilities, reducing dependence on imports, and strengthening Ukraine's position in the security sector and international cooperation.