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Ukraine's ballistic missiles could be ready for use by fall, Zelensky says

Created at 9 Aug · 1:26 PM1 source↑ Market-relevant
IN SHORT

President Volodymyr Zelensky stated that Ukrainian-developed ballistic missiles, including the FP9 model potentially capable of reaching Moscow, could be combat-ready by late fall. The development is part of Ukraine's efforts to bolster its defense capabilities amidst the ongoing conflict with Russia.

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Key Numbers

2-3 monthstimeframe for missiles to be combat-ready
Aug. 8date of Zelensky's interview
Aug. 4date of Fire Point's Reuters statement
nineEuropean partner countries in Freya program
mid-2027target for first successful ballistic missile interception
August 2025date of Kyiv Independent investigation

Who's Involved

Volodymyr Zelensky
President of Ukraine, confirming missile development
Fire Point
Ukrainian company developing ballistic missiles
Iryna Terekh
CEO of Fire Point, aiming for missile interception by mid-2027
Timur Mindich
Associate of Zelensky, allegedly linked to Fire Point controversies
National Anti-Corruption Bureau of Ukraine
Investigating corruption schemes involving Energoatom and potentially Fire Point
Ukraine's ballistic missiles could be ready for use by fall, Zelensky says

↳ Why This Matters

The potential deployment of Ukrainian-made ballistic missiles capable of striking deep into Russian territory marks a significant escalation in Ukraine's defense capabilities and could alter the strategic dynamics of the ongoing conflict.

Key facts

  • Ukrainian company Fire Point is developing FP7 and FP9 ballistic missiles.
  • President Zelensky stated that the missiles could be combat-ready by late fall.
  • The FP9 missile is reportedly capable of reaching Moscow.
  • Some components for the missiles are sourced from other countries.
  • A variant of the FP7 is being developed as an anti-ballistic missile with European partners.

President Volodymyr Zelensky has confirmed that ballistic missiles currently under development by Ukrainian company Fire Point could be ready for combat use within two to three months. In an interview on Aug. 8, Zelensky indicated that the larger FP9 missile, which is purportedly capable of reaching Moscow, might be ready by late fall. He also noted that, similar to Russian missiles, some components for Ukraine's ballistic missiles are sourced from other countries.

Fire Point had previously informed Reuters on Aug. 4 that its FP7 ballistic missile was undergoing certification by Ukraine's defense ministry, a process expected to conclude within the month. The company also stated its expectation for the FP9 missile to be ready by late fall. A variant of the FP7 is being developed into an anti-ballistic missile system, known as the Freya program, in collaboration with nine European partner countries. Fire Point's CEO, Iryna Terekh, told Reuters that the company aims to achieve its first successful ballistic missile interception by mid-2027.

Fire Point is also recognized for its middle- and deep-strike drones, FP-1 and FP-2, which have been significant in Ukraine's war efforts. However, the company has been involved in several controversies since last year, including a major wartime corruption scandal. Investigations by the Kyiv Independent in August 2025 suggested potential ties between Fire Point and Timur Mindich, an associate of Zelensky. These allegations were reportedly supported by law enforcement actions and leaked recordings allegedly showing Mindich negotiating with state officials on behalf of Fire Point. These tapes were purportedly part of the National Anti-Corruption Bureau of Ukraine's investigation into corruption schemes involving Energoatom, Ukraine's state nuclear agency. Mindich is among nine suspects charged in that case, though Fire Point has denied any connection to him, and Mindich himself has denied any link to the company.

Frequently asked questions

The ballistic missiles being developed by Fire Point are named FP7 and FP9.

President Zelensky indicated that the missiles could be combat-ready in two to three months, with the FP9 potentially ready by late fall.

The larger FP9 missile is ostensibly capable of reaching Moscow, according to reports.

Yes, Fire Point has been involved in controversies, including a corruption scandal and alleged ties to Timur Mindich.

What Happens Next

01Fire Point's FP7 missile is expected to complete defense ministry certification within the month.
02Ukraine's defense ministry is expected to complete the certification process for the FP7 missile.
03Fire Point aims to conduct its first successful ballistic missile interception by mid-2027.

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Cadence

How It Developed

Ukrainian company Fire Point is developing FP7 and FP9 ballistic missiles.
The FP7 missile is undergoing certification by Ukraine's defense ministry.
The larger FP9 missile is expected to be ready by late fall.
President Zelensky confirmed the potential combat readiness of these missiles.
Zelensky noted that some components for Ukrainian missiles are sourced from other countries.
A variant of the FP7 missile is being adapted into an anti-ballistic missile under the Freya program with European partners.
Fire Point aims for a successful ballistic missile interception by mid-2027.
Fire Point has faced controversies, including a corruption scandal and alleged ties to Timur Mindich.

Sources

T1
Ukrainian-made ballistic missiles could hit Russia in the fall, Zelensky saysThe Kyiv Independent

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