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Ukraine’s top drone manufacturer, Fire Point, the brains behind the country’s deep-strike drone campaign against Russia, is now setting its sights on ballistic missile defense.

In a move signaling growing ambitions inside Kyiv’s fast-growing weapons industry, Fire Point has teamed up with German defense firm Hensoldt to develop a low-cost interceptor system called “Freyja” — a shift that could reshape Europe’s air defense landscape.

Fire Point isn’t some dusty Soviet-era factory churning out recycled tech. The company was born after Russia’s 2022 invasion and quickly transformed from a film casting agency into one of Ukraine’s biggest war contractors.

Today, its precision-guided drones account for roughly 60 percent of Ukraine’s long-range strikes inside Russia, hitting oil refineries, ammo depots, and supply networks far behind enemy lines.

Those airborne attacks, dubbed “long-range sanctions” by President Volodymyr Zelenskyy, have inflicted real pain on Moscow. Strikes on Russian fuel infrastructure have disrupted refinery production and forced the Kremlin to limit domestic fuel sales — a rare admission of economic vulnerability that Ukraine’s leadership is eager to amplify.

Fire Point’s CEO and chief designer, Denys Shtilerman, didn’t mince words during the Eurosatory weapons expo in France. “These are the drones responsible for what you see burning on your TV screens on the territory of Russia,” he said proudly, confirming what the Kremlin’s censors prefer to hide.

With its growing reputation as a producer of long-range strike drones like the FP-1, FP-2, and FP-5 “Flamingo” cruise missile, Fire Point is now expanding its reach — literally — in both directions.

On one hand, its new FP drones can reportedly fly nearly 1,700 miles while carrying sizable payloads. On the other, the firm plans to shoot down ballistic missiles for less than $1 million per intercept, a fraction of what pricey U.S.-made Patriot systems cost.

Shtilerman told Reuters that the goal is to make interception truly affordable. “If we can decrease it to less than $1 million, it will be a game changer in air defense,” he stated, explaining the company’s plan to intercept its first incoming ballistic missile by late 2027. For perspective, a single Patriot PAC-3 can cost $3.8 million to fire — not counting the launcher or supporting systems.

The proposed FP-7.X interceptor, which successfully completed a controlled test flight in June, is designed to hit targets at an altitude of 15 miles for about $700,000 per shot.

And while Washington and its European allies argue over aid packages and weapons shipments, Ukraine’s private sector is quietly becoming a weapons supplier in its own right. Shtilerman made this point clear: “Ukraine is now not only a consumer of aid but a provider of security solutions for Europe — and perhaps for the whole world.”

President Zelenskyy has leaned heavily on Fire Point’s innovations as part of his continued push for self-reliance in wartime production. He recently hailed the company’s new long-range drones that can now strike as far as 3,000 kilometers — enough reach to hit deep inside Russia’s industrial backbone.

“I am grateful to the Fire Point engineers,” he said during his June 20 evening address.

But Fire Point’s stunning rise hasn’t escaped scrutiny. The firm’s meteoric growth from a casting agency to a billion-dollar arms maker has landed it in Ukraine’s ongoing anti-corruption dragnet. Investigators have linked it to leaked conversations involving businessman Timur Mindich, a Zelenskyy associate now accused of corruption in the energy sector.

Fire Point has denied any ties, maintaining that ownership rests solely with its co-founders. No formal charges have been filed.

Still, the optics are tricky in a country where battles against both Russian missiles and internal graft are fought daily.

Fire Point’s rapid government contracts — reportedly worth more than $1 billion this year — have raised questions among Western partners even as they applaud Ukraine’s newfound industrial prowess.

To help reassure foreign investors, Fire Point added former U.S. Secretary of State Mike Pompeo to its advisory board in November, a move clearly designed to add Western credibility and strategic weight to its growing portfolio.

Pompeo’s involvement signals that major American figures see value in Ukraine becoming a robust European manufacturer of modern warfare technology — not merely a consumer of American handouts.

Beyond weapons, Fire Point’s success also carries a symbolic punch. It represents Ukraine’s determination to move from dependency on NATO donations toward self-sustaining production that matches — or undercuts — leading Western systems in cost and capability. For U.S. policymakers and military observers tracking the global arms race, this is no small shift.

As of June, Ukraine has carried out nearly 30 long-range strikes on Russian fuel sites, causing visible disruption to Russia’s internal logistics.

With Fire Point preparing to mass-produce its FP-7.X interceptors at a rate of three per day starting in August, the firm is positioning itself to become Europe’s go-to hub for low-cost air and missile defense hardware.

For Ukraine, that combination — a cheap offensive strike capability paired with an affordable missile shield — could change its strategic fortunes. For Moscow, it’s a nightmare scenario: a resourceful neighbor capable of both hitting deep into Russian territory and neutralizing retaliation on a budget.

In the global context, Fire Point’s emergence shows that the future of warfare may belong to smaller, faster, and more flexible innovators rather than sprawling, bureaucratic defense complexes.

With a little Western oversight and less political interference, Ukraine’s new war-tech machine might just outpace the lumbering systems of its supposed allies.