Ukrainian Startup Builds Long-Range Missiles for Deep Strikes 2026

Daniel Harrolds
Ukrainian Startup Builds Long-Range Missiles for Deep Strikes
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The Ukrainian startup Fire Point is now manufacturing about 100 long-range Flamingo cruise missiles per month, enabling sustained deep strike attacks hundreds of miles inside Russia. This homegrown defense company, founded in 2022, has rapidly matured into a key supplier of long-range capabilities that Western allies initially withheld.

Fire Point's Production Scale and Capabilities

According to CEO Iryna Terekh, Fire Point produces Flamingo cruise missiles at a rate of roughly 100 per month, along with FP-1 and FP-2 fixed-wing drones at “hundreds per day.” The startup operates from 83 factories inside Ukraine and one in Denmark, employing 6,000 people—up from 3,500 late last year. Manufacturing had paused due to delays in approving €90 billion of EU lending to Ukraine, but has now resumed at scale.


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The Flamingo missile carries a 1,150 kg explosive warhead strong enough to penetrate concrete walls. It was used in June to attack a Russian military components factory in Cheboksary, over 600 miles from Kharkiv. Terekh noted the actual flight distance reached about 1,800 km (1,118 miles) because of complex flight paths, among “the longest recorded in the history of cruise missile missions.”

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Cost Comparison and Drone Effectiveness

Each Flamingo costs under $600,000, significantly cheaper than a US Tomahawk ($3.5 million). The lighter FP-1 drones, with a range exceeding 1,000 miles, cost between $55,000 and $75,000. They are used to attack less defended Russian oil refineries, a campaign that has cut Russian refinery production by 20% and caused long queues at petrol pumps.

Munition Cost (approx.) Range Warhead
Flamingo cruise missile $600,000 1,800 km (actual flight) 1,150 kg
FP-1 drone $55,000 - $75,000 >1,000 miles Lighter payload
US Tomahawk missile $3.5 million ~1,000 miles ~1,000 kg

Impact on the Conflict

Terekh stated, “I’m not aware of any deep strike attack that was happening in the past few months that was not involving our products.” Missile and drone strikes using Fire Point munitions occur at a daily rate of five to 15. This sustained campaign demonstrates Ukraine’s ability to strike deep into Russia without relying on Western long-range weapons, reshaping the battlefield dynamics.

Key Takeaways

  • Fire Point manufactures 100 Flamingo missiles per month and hundreds of drones daily.
  • Cost-effective designs: Flamingo at ~$600,000 vs. Tomahawk at $3.5 million.
  • FP-1 drones have crippled Russian oil refining capacity by 20%.
  • Startup employs 6,000 people and operates 83 factories in Ukraine plus one in Denmark.
  • Deep strike capability now a regular part of Ukraine’s military strategy.

FAQ

What is the Flamingo cruise missile?

The Flamingo is a long-range cruise missile manufactured by Ukrainian startup Fire Point. It carries a 1,150 kg warhead, costs under $600,000, and has a flight range of up to 1,800 km, enabling deep strikes into Russian territory.

How many FP-1 drones does Fire Point produce?

Fire Point produces the FP-1 fixed-wing drones at a rate of hundreds per day. They cost between $55,000 and $75,000 and have a range exceeding 1,000 miles, primarily used to attack Russian oil refineries.

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How has Fire Point’s growth impacted Ukraine’s defense industry?

Fire Point’s rapid scaling—from 3,500 to 6,000 employees and from a few factories to 83—shows the maturing of Ukraine’s homegrown defense sector. It now supplies the long-range strike capability that Western allies were slow to provide, cutting Russian oil production by 20% and enabling daily deep strikes.

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Daniel Harrolds

Author

Daniel Harrolds

With a career spanning four decades, Daniel is almost a library in the field of precious metals investing and Gold IRAs. His insightful strategies and pragmatic results-oriented approach make him a resource in safeguarding wealth, and financial foresight.


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