1 00:00:03,120 --> 00:00:09,640 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:11,520 --> 00:00:14,520 Speaker 2: At the start of twenty twenty two, Luba Shapovich was 3 00:00:14,520 --> 00:00:18,880 Speaker 2: a successful Ukrainian American software engineer and entrepreneur living in 4 00:00:18,880 --> 00:00:23,079 Speaker 2: the US. Her it outsourcing business was humming along. She'd 5 00:00:23,079 --> 00:00:25,759 Speaker 2: been in the States since two thousand and eight, but 6 00:00:25,840 --> 00:00:28,560 Speaker 2: when Russia launched its full scale invasion of her home 7 00:00:28,600 --> 00:00:32,280 Speaker 2: country on February twenty fourth, twenty twenty two, she says 8 00:00:32,400 --> 00:00:34,879 Speaker 2: she felt a duty to go back to Ukraine and 9 00:00:34,960 --> 00:00:36,520 Speaker 2: help in any way she could. 10 00:00:38,000 --> 00:00:40,920 Speaker 3: I saw that uncommon for Ukraine. For one month, just 11 00:00:41,040 --> 00:00:46,840 Speaker 3: so established firehouse as Logistics Sharing Ukraine. 12 00:00:47,800 --> 00:00:50,839 Speaker 2: Luba flew to Ukraine and got straight to work. She 13 00:00:51,000 --> 00:00:55,280 Speaker 2: launched a tech nonprofit called Dignitas and started raising money. 14 00:00:55,480 --> 00:00:59,760 Speaker 3: Bought the zen Las sire Eliza hell, let's scare it 15 00:01:00,080 --> 00:01:03,440 Speaker 3: being signs and and just look from all aside constantly 16 00:01:04,480 --> 00:01:05,280 Speaker 3: I'm doing enough. 17 00:01:06,000 --> 00:01:09,039 Speaker 2: Her planned month long stay turned into a longer one, 18 00:01:09,640 --> 00:01:13,160 Speaker 2: and Luba has been based in Ukraine ever since. Through Dignitas, 19 00:01:13,240 --> 00:01:15,720 Speaker 2: she's raised millions of dollars and has been spending it 20 00:01:15,800 --> 00:01:19,840 Speaker 2: on supplies, technology, and training initiatives that could help Ukraine 21 00:01:20,000 --> 00:01:20,680 Speaker 2: weather the war. 22 00:01:21,560 --> 00:01:25,920 Speaker 3: So I met, trained, people helping saw Cingulan smartphone, saw Cilan, 23 00:01:26,040 --> 00:01:31,120 Speaker 3: star luxA, Cielan, Rendios SA and war conditions. 24 00:01:31,400 --> 00:01:36,000 Speaker 2: But one of Dignitas's most important roles is as an intermediary. 25 00:01:36,800 --> 00:01:40,720 Speaker 2: It's helping supply Ukrainian troops with a military technology that's 26 00:01:40,760 --> 00:01:47,160 Speaker 2: become increasingly central to the country's wartime strategy, drones. Luba 27 00:01:47,319 --> 00:01:51,320 Speaker 2: is just one of a growing number of Ukrainian entrepreneurs, engineers, 28 00:01:51,440 --> 00:01:54,400 Speaker 2: and tech workers who have dropped everything to join a 29 00:01:54,440 --> 00:01:58,360 Speaker 2: grassroots war effort to make or deliver thousands of low cost, 30 00:01:58,560 --> 00:02:02,480 Speaker 2: high impact drones for the countries. Military drones that can 31 00:02:02,560 --> 00:02:07,400 Speaker 2: do everything from transporting supplies to dropping bombs across enemy lines. 32 00:02:08,200 --> 00:02:10,520 Speaker 3: They helps, You'll come up with songs on the survive. 33 00:02:11,120 --> 00:02:14,000 Speaker 1: They're just they're so desperate for solutions and anything that 34 00:02:14,080 --> 00:02:17,520 Speaker 1: can help the fight against Russia that they're open to everybody. 35 00:02:17,760 --> 00:02:21,720 Speaker 2: Bloomberg Technology editor Jake Ridnisky travel to Ukraine to meet 36 00:02:21,800 --> 00:02:25,880 Speaker 2: with the people behind the country's evolving defense industry. Drone 37 00:02:25,880 --> 00:02:29,600 Speaker 2: makers in particular are working under unique constraints, and their 38 00:02:29,639 --> 00:02:32,239 Speaker 2: innovation has been fueled by a desire to end the 39 00:02:32,320 --> 00:02:33,200 Speaker 2: war with Russia. 40 00:02:33,639 --> 00:02:37,079 Speaker 1: It's been very transformative and allowed them to create a 41 00:02:37,600 --> 00:02:40,200 Speaker 1: defense industry that, for all intents and purposes, was a 42 00:02:40,240 --> 00:02:41,400 Speaker 1: bit of a dinosaur before. 43 00:02:45,960 --> 00:02:48,920 Speaker 2: Today on the show, how duct tape and toy drones 44 00:02:49,000 --> 00:02:52,799 Speaker 2: are transforming the battlefield in the Russia Ukraine War and 45 00:02:52,880 --> 00:02:56,280 Speaker 2: what the shift to scrappier tactics could mean for conflicts 46 00:02:56,440 --> 00:02:59,880 Speaker 2: around the world. This is the big take from Bloomberg News. 47 00:03:00,360 --> 00:03:01,239 Speaker 2: I'm Sarah Holder. 48 00:03:08,160 --> 00:03:11,440 Speaker 1: What people don't realize about Ukraine is before the war, 49 00:03:11,480 --> 00:03:14,639 Speaker 1: it was one of the biggest military weapons exporters in 50 00:03:14,720 --> 00:03:15,080 Speaker 1: the world. 51 00:03:15,280 --> 00:03:19,320 Speaker 2: Bloomberg Technology editor Jake Runisky started his reporting career in 52 00:03:19,400 --> 00:03:23,359 Speaker 2: Kiev and lived in Moscow for around twenty years. He's 53 00:03:23,400 --> 00:03:24,360 Speaker 2: now based in Berlin. 54 00:03:24,840 --> 00:03:27,400 Speaker 1: A lot of the Soviet unions, weapons factories and arms 55 00:03:27,600 --> 00:03:31,040 Speaker 1: factories were based in the Ukraine, and so the stuff 56 00:03:31,080 --> 00:03:33,600 Speaker 1: that they were exporting was very kind of old school 57 00:03:34,280 --> 00:03:37,800 Speaker 1: bulky stuff, you know, kaloshnikovs, eggs, we call him AK 58 00:03:37,960 --> 00:03:45,160 Speaker 1: forty sevens tanks, stuff that's mass produced, not particularly technologically sophisticated, 59 00:03:45,880 --> 00:03:50,240 Speaker 1: and cheap. Now, since the war started, that model no 60 00:03:50,320 --> 00:03:50,960 Speaker 1: longer works. 61 00:03:51,120 --> 00:03:55,240 Speaker 2: While Ukraine does rely on some older US weapons and munitions, 62 00:03:55,480 --> 00:04:00,839 Speaker 2: its own existing manufacturing infrastructure isn't entirely reliable, in part 63 00:04:01,080 --> 00:04:04,240 Speaker 2: because the factories where those weapons are manufactured in Ukraine 64 00:04:04,400 --> 00:04:07,640 Speaker 2: are too easy to bomb, and because they were designed 65 00:04:07,640 --> 00:04:10,800 Speaker 2: to make equipment to fight a twentieth century war, not 66 00:04:11,080 --> 00:04:12,440 Speaker 2: a twenty first century one. 67 00:04:12,720 --> 00:04:16,799 Speaker 1: The old military industrial complex is no longer functional. 68 00:04:17,120 --> 00:04:20,120 Speaker 2: The US has sent Ukraine tens of billions of dollars 69 00:04:20,200 --> 00:04:24,640 Speaker 2: worth of military support, including tanks, missiles, and artillery shells, 70 00:04:25,240 --> 00:04:27,560 Speaker 2: and just last week, the White House announced a new 71 00:04:27,760 --> 00:04:31,000 Speaker 2: two point three billion dollar defense package for Ukraine that 72 00:04:31,080 --> 00:04:34,800 Speaker 2: comes with more arms and munitions. But Jake says the 73 00:04:34,920 --> 00:04:37,920 Speaker 2: country can't rely on Western weapons alone. 74 00:04:38,240 --> 00:04:41,440 Speaker 1: Although obviously they want them and they need them, but 75 00:04:41,760 --> 00:04:44,520 Speaker 1: it's not enough because there are forces out of their control, 76 00:04:44,640 --> 00:04:47,320 Speaker 1: like a spat in Congress can mean a delay of 77 00:04:47,400 --> 00:04:49,920 Speaker 1: months for American weapons to arrive. 78 00:04:50,720 --> 00:04:54,080 Speaker 2: To fight Russia. The Ukrainian military knew it needed more 79 00:04:54,240 --> 00:04:58,520 Speaker 2: arms fast and for cheap, so Ukrainians have leaned into 80 00:04:58,600 --> 00:05:03,560 Speaker 2: scrappier technology like those cheap drones. Luba Shapovich's company has 81 00:05:03,600 --> 00:05:08,479 Speaker 2: been buying for the military outfitted with cameras, supplies, and bombs. 82 00:05:08,920 --> 00:05:13,160 Speaker 1: This whole volunteer community arose after the initial invasion so 83 00:05:13,279 --> 00:05:17,320 Speaker 1: they would crowdsource the funding for all these new technologies 84 00:05:17,360 --> 00:05:20,640 Speaker 1: that they're producing, and they were producing them in garages 85 00:05:20,800 --> 00:05:23,760 Speaker 1: that amateurs were just kind of trying to figure out 86 00:05:23,839 --> 00:05:26,240 Speaker 1: the best way to create a drone that would be 87 00:05:26,279 --> 00:05:29,360 Speaker 1: able to take out Russians. And so you saw this 88 00:05:29,800 --> 00:05:33,960 Speaker 1: cottage industry, I guess, emerge out of nowhere, and now 89 00:05:34,560 --> 00:05:37,080 Speaker 1: there are over one hundred drone producers in Ukraine. 90 00:05:37,720 --> 00:05:40,880 Speaker 2: Drones have become an increasingly common wartime tool in the 91 00:05:40,960 --> 00:05:44,800 Speaker 2: past decade, but in Ukraine, Jake says, this new wave 92 00:05:44,880 --> 00:05:47,800 Speaker 2: of startups is taking the technology a step further. 93 00:05:48,320 --> 00:05:53,000 Speaker 1: Just last month you had President Zelenski saying that drones 94 00:05:53,080 --> 00:05:57,800 Speaker 1: have become Ukraine's effective artillery during the funding gap when 95 00:05:58,400 --> 00:06:02,120 Speaker 1: American shells were no longer available in mass for the Ukrainians. 96 00:06:02,920 --> 00:06:06,560 Speaker 2: One of Ukraine's top five largest drone producers by volume 97 00:06:06,760 --> 00:06:11,240 Speaker 2: is called viy. Jake visited the company's headquarters, which operates 98 00:06:11,279 --> 00:06:14,320 Speaker 2: from the top three floors of a residential building in Kiev. 99 00:06:15,240 --> 00:06:19,640 Speaker 2: He got a tour from the company's unusual founder, Alexei Bubenko. 100 00:06:21,880 --> 00:06:22,920 Speaker 1: My name is Alexei. 101 00:06:23,400 --> 00:06:25,960 Speaker 3: I will show what we produced already in Ukraine. 102 00:06:26,600 --> 00:06:29,360 Speaker 1: He's twenty five years old, and before the war started, 103 00:06:29,400 --> 00:06:32,440 Speaker 1: he was basically a street performer. He would do these 104 00:06:32,520 --> 00:06:35,320 Speaker 1: fire shows that are kind of like twirling fire and 105 00:06:35,440 --> 00:06:38,640 Speaker 1: he was traveling around Europe on a motorcycle and you know, 106 00:06:38,920 --> 00:06:41,440 Speaker 1: making a decent living for himself, but like not with 107 00:06:41,520 --> 00:06:44,640 Speaker 1: a lot of ambitions. As soon as the war started, 108 00:06:45,120 --> 00:06:47,560 Speaker 1: maybe fittingly, the first thing he did was he made 109 00:06:47,600 --> 00:06:51,719 Speaker 1: a bunch of Molotov cocktails to provide the defense of Kiev. 110 00:06:52,400 --> 00:06:54,359 Speaker 1: But he was a smart guy and he quickly realized 111 00:06:54,400 --> 00:06:58,840 Speaker 1: he had more to contribute than that. I fight for 112 00:06:59,400 --> 00:07:02,440 Speaker 1: Kanchi where I want to leave all my life. 113 00:07:02,920 --> 00:07:06,120 Speaker 2: Like Luba Shapovich, Bibenko told Jake that he wanted to 114 00:07:06,160 --> 00:07:09,159 Speaker 2: do more for the war effort, so he went online 115 00:07:09,279 --> 00:07:11,560 Speaker 2: and ordered a cheap drone from someone he met in 116 00:07:11,600 --> 00:07:14,280 Speaker 2: a chat room. He started tooling around with it. 117 00:07:14,840 --> 00:07:17,960 Speaker 1: It's a really basic drone that you can buy in Walmart. 118 00:07:18,120 --> 00:07:21,520 Speaker 1: It's just one of these squadrocopters that's got four propellers. 119 00:07:22,160 --> 00:07:27,679 Speaker 1: And he started experimenting with duct taped bombs and seeing 120 00:07:27,720 --> 00:07:30,400 Speaker 1: what he could do, and very quickly he was near 121 00:07:30,480 --> 00:07:32,480 Speaker 1: the front trying to bomb Russian positions. 122 00:07:33,040 --> 00:07:36,600 Speaker 2: Bibenko continued to perfect his design and made his exploding 123 00:07:36,680 --> 00:07:41,000 Speaker 2: drones more resilient. From there, he founded very. 124 00:07:41,960 --> 00:07:45,320 Speaker 1: When I visited in March, they were producing six thousand 125 00:07:45,400 --> 00:07:48,040 Speaker 1: drones a month, but now they recently moved into a 126 00:07:48,120 --> 00:07:51,120 Speaker 1: larger facility and they're producing eighteen thousand drones a month. 127 00:07:51,920 --> 00:07:55,560 Speaker 1: They call them FPV drones, which means first person view drones, 128 00:07:56,280 --> 00:07:59,360 Speaker 1: and they're racing drones. They can go up to about 129 00:07:59,360 --> 00:08:01,600 Speaker 1: one hundred mile an hour. They don't carry a. 130 00:08:01,640 --> 00:08:02,160 Speaker 3: Lot, you know. 131 00:08:02,240 --> 00:08:05,000 Speaker 1: They can carry a small explosive, but that's about it. 132 00:08:05,480 --> 00:08:09,000 Speaker 1: And they have a camera. Sometimes they're equipped with night vision. 133 00:08:09,360 --> 00:08:12,760 Speaker 1: Sometimes they're equipped with AI capabilities that allows them to 134 00:08:12,880 --> 00:08:16,440 Speaker 1: kind of do the last, say one hundred yards autonomously. 135 00:08:17,120 --> 00:08:21,640 Speaker 1: But they're very basic stuff and very expensive to assemble, 136 00:08:21,920 --> 00:08:24,920 Speaker 1: and they can make a lot of them, and you 137 00:08:25,000 --> 00:08:28,440 Speaker 1: can literally destroy a Russian tank with two or three 138 00:08:28,600 --> 00:08:30,720 Speaker 1: drones if they hit the right spots. 139 00:08:32,000 --> 00:08:34,199 Speaker 2: Jake says. Part of the reason these drones are so 140 00:08:34,400 --> 00:08:37,640 Speaker 2: useful is because they're cheap enough to be expendable. 141 00:08:37,880 --> 00:08:41,600 Speaker 1: Bubenko can produce a drone for four hundred five hundred dollars, 142 00:08:42,240 --> 00:08:45,840 Speaker 1: and these are used to attack Russian tanks that can 143 00:08:45,960 --> 00:08:49,920 Speaker 1: cost nine million dollars, so you have this huge discrepancy 144 00:08:49,960 --> 00:08:52,520 Speaker 1: between the cost of the weapon the Ukrainians are buying 145 00:08:53,120 --> 00:08:56,320 Speaker 1: and the cost of the equipment that they're taking out. 146 00:08:58,120 --> 00:09:02,839 Speaker 2: Scrappy drones aren't just reached Ukraine's war effort. Russia has 147 00:09:02,880 --> 00:09:06,160 Speaker 2: also taken notice and has been imitating their approach to 148 00:09:06,320 --> 00:09:10,600 Speaker 2: varying degrees of success, and militaries around the world are 149 00:09:10,679 --> 00:09:13,640 Speaker 2: paying attention to We'll get into all of that and 150 00:09:13,840 --> 00:09:25,199 Speaker 2: more after the break. Since the Russia Ukraine War began, 151 00:09:25,559 --> 00:09:29,000 Speaker 2: Ukraine has managed to build a thriving drone startup ecosystem, 152 00:09:29,320 --> 00:09:33,400 Speaker 2: using low cost techniques to make effective weaponry, but Bloomberg 153 00:09:33,480 --> 00:09:37,280 Speaker 2: Technology editor Jake Ridnitsky says Russia has been busy building 154 00:09:37,320 --> 00:09:39,000 Speaker 2: out its own drone capacity. 155 00:09:39,600 --> 00:09:43,319 Speaker 1: In Russia, it's more top down, so I don't think 156 00:09:43,360 --> 00:09:47,360 Speaker 1: you have as many small businesses that have emerged. But 157 00:09:48,160 --> 00:09:51,320 Speaker 1: the Russians have adopted to this new way of warfare 158 00:09:51,360 --> 00:09:53,520 Speaker 1: as well, and they've seen what works, and they've been 159 00:09:53,559 --> 00:09:56,640 Speaker 1: able to look at Ukrainian drones and kind of replicate them. 160 00:09:57,160 --> 00:09:59,959 Speaker 1: And when Russia does something, you know, Russia's much big, 161 00:10:00,400 --> 00:10:03,400 Speaker 1: it's much richer, and it's able to do things at 162 00:10:03,440 --> 00:10:08,120 Speaker 1: a much larger scale than Ukraine. Rather than say, taking 163 00:10:08,200 --> 00:10:12,600 Speaker 1: over three stories of a residential building in Kiev, they 164 00:10:13,040 --> 00:10:16,040 Speaker 1: have set up drone factories in former shopping malls or 165 00:10:16,080 --> 00:10:19,760 Speaker 1: in large spaces. They're producing at a much higher clip now, 166 00:10:20,800 --> 00:10:23,319 Speaker 1: at least according to the Ukrainians I spoke to. The 167 00:10:23,440 --> 00:10:27,200 Speaker 1: Russian drones are not always as well made as Ukrainians 168 00:10:27,200 --> 00:10:30,280 Speaker 1: and are not maybe quite as cutting edge, but they 169 00:10:30,360 --> 00:10:31,640 Speaker 1: make up for it in numbers. 170 00:10:32,480 --> 00:10:36,440 Speaker 2: For Ukraine, drones offer another advantage besides their low cost. 171 00:10:37,120 --> 00:10:40,120 Speaker 2: As the war stretches into its third summer, the Ukrainian 172 00:10:40,200 --> 00:10:43,240 Speaker 2: military is struggling to find enough people to power both 173 00:10:43,320 --> 00:10:47,360 Speaker 2: its defense and its wartime economy. Jake says Ukraine isn't 174 00:10:47,400 --> 00:10:51,240 Speaker 2: yet launching completely autonomous drones, but with drones made by 175 00:10:51,280 --> 00:10:55,559 Speaker 2: a company called Terminal Autonomy, pilots can essentially pre program 176 00:10:55,720 --> 00:10:58,800 Speaker 2: a destination for a target and walk away after launch 177 00:10:59,559 --> 00:11:01,920 Speaker 2: and for the first person view drones like the ones 178 00:11:02,000 --> 00:11:05,679 Speaker 2: VII is making, a capable pilot can launch dozens of 179 00:11:05,760 --> 00:11:06,440 Speaker 2: them a day. 180 00:11:07,440 --> 00:11:11,120 Speaker 1: I met with the head trainer of the Ukrainian Army, 181 00:11:11,200 --> 00:11:17,240 Speaker 1: Andrea Onestrat, and basically Ukraine can't get enough pilots. There's 182 00:11:17,240 --> 00:11:20,280 Speaker 1: a manpower shortage in Ukraine in general, but they just 183 00:11:20,400 --> 00:11:23,040 Speaker 1: never have enough pilots, and he's he said, he'll train 184 00:11:23,240 --> 00:11:26,960 Speaker 1: just about anybody. He finds that younger people who maybe 185 00:11:27,000 --> 00:11:30,160 Speaker 1: have some experience using video games and playing video games 186 00:11:30,480 --> 00:11:32,640 Speaker 1: tend to be a little bit better than older veterans. 187 00:11:33,320 --> 00:11:36,520 Speaker 2: How has the use of these drones changed the situation 188 00:11:36,640 --> 00:11:39,360 Speaker 2: on the ground and the way this war is being conducted. 189 00:11:39,960 --> 00:11:43,240 Speaker 1: They're definitely changing the nature of the battlefield, so they've 190 00:11:43,360 --> 00:11:47,200 Speaker 1: lifted the fog of war. Before you had one side 191 00:11:47,280 --> 00:11:49,200 Speaker 1: was on one side of the trenches, and then there's 192 00:11:49,240 --> 00:11:51,280 Speaker 1: trenches on the other side, and you would kind of 193 00:11:51,320 --> 00:11:53,360 Speaker 1: lob missiles over and try to hit them, and you 194 00:11:53,360 --> 00:11:55,400 Speaker 1: would have kind of an idea of where things were 195 00:11:55,520 --> 00:11:58,920 Speaker 1: shot from. But now you have over the entire length 196 00:11:59,000 --> 00:12:01,719 Speaker 1: of the front, you have drones that can give you 197 00:12:01,800 --> 00:12:06,520 Speaker 1: a pretty granular view of what's happening. And then using 198 00:12:06,559 --> 00:12:11,120 Speaker 1: those surveillance drones, you can either send in FPV drones 199 00:12:11,160 --> 00:12:13,920 Speaker 1: to target or you can pull an artillery, which is 200 00:12:14,000 --> 00:12:14,800 Speaker 1: what the Russians do. 201 00:12:14,960 --> 00:12:18,480 Speaker 2: More are you seeing other countries and other militaries pick 202 00:12:18,600 --> 00:12:21,040 Speaker 2: up on Ukrainian strategy here? 203 00:12:21,280 --> 00:12:24,640 Speaker 1: Absolutely? I think there's a big push among NATO countries, 204 00:12:24,679 --> 00:12:29,960 Speaker 1: for example, to figure out how to produce weapons more cheaply. 205 00:12:30,440 --> 00:12:33,719 Speaker 1: The kind of military procurement process is very bloated and 206 00:12:33,880 --> 00:12:38,120 Speaker 1: very expensive, and it's dominated by very large companies, and 207 00:12:38,280 --> 00:12:40,480 Speaker 1: so I think there's a shift, and there's going to 208 00:12:40,559 --> 00:12:43,640 Speaker 1: be more of a shift that moves away from highly 209 00:12:43,720 --> 00:12:48,960 Speaker 1: specialized and stuff that's manufactured by Pentagon contracts that cost 210 00:12:49,400 --> 00:12:52,760 Speaker 1: millions or billions of dollars into stuff that you can 211 00:12:52,960 --> 00:12:55,640 Speaker 1: really make on the fly. I think drones are here 212 00:12:55,720 --> 00:12:58,360 Speaker 1: to stay, and I think how they're being used in 213 00:12:58,400 --> 00:13:01,120 Speaker 1: this war is something that's being study by militaries all 214 00:13:01,160 --> 00:13:05,160 Speaker 1: around the world, because certainly any future conflicts are going 215 00:13:05,240 --> 00:13:06,280 Speaker 1: to be very drone heavy. 216 00:13:08,080 --> 00:13:10,640 Speaker 2: For the drone makers who have joined the fight in Ukraine, 217 00:13:10,880 --> 00:13:13,600 Speaker 2: there's a sense of urgency as the death toll mounts 218 00:13:13,679 --> 00:13:17,280 Speaker 2: on both sides. Just this week, a Russian missile attack 219 00:13:17,400 --> 00:13:20,599 Speaker 2: struck a children's hospital in Kiev. It was part of 220 00:13:20,679 --> 00:13:23,480 Speaker 2: a barrage of strikes across Ukraine that killed at least 221 00:13:23,520 --> 00:13:24,320 Speaker 2: thirty nine people. 222 00:13:24,760 --> 00:13:28,120 Speaker 1: Everybody who's in the drone industry, or really anybody in 223 00:13:28,240 --> 00:13:32,240 Speaker 1: Ukraine now nobody's untouched by the war. Everybody's working in 224 00:13:32,360 --> 00:13:36,000 Speaker 1: some way, shape or form for the front. These entrepreneurs 225 00:13:36,080 --> 00:13:39,280 Speaker 1: are not thinking about what happens the day after the war, 226 00:13:39,440 --> 00:13:42,640 Speaker 1: how to market these things. They're trying to produce these 227 00:13:42,720 --> 00:13:47,120 Speaker 1: weapons as cheaply as possible, with minimal markups, so that 228 00:13:47,400 --> 00:13:50,439 Speaker 1: they can get to the front faster and hopefully, you know, 229 00:13:50,880 --> 00:13:54,120 Speaker 1: end this war more quickly. These are not people who 230 00:13:54,400 --> 00:13:56,640 Speaker 1: have trained all their life or prepared all their life 231 00:13:57,000 --> 00:14:01,120 Speaker 1: to be involved in a fight. But the fight came 232 00:14:01,200 --> 00:14:04,680 Speaker 1: to them, and they all, in their own ways, rose 233 00:14:04,720 --> 00:14:07,360 Speaker 1: to the occasion and figured out a way to be useful. 234 00:14:13,480 --> 00:14:17,120 Speaker 2: This is the Big Take from Bloomberg News. I'm Sarah Holder. 235 00:14:17,720 --> 00:14:20,640 Speaker 2: This episode was produced by Jessica Beck and Thomas lou 236 00:14:21,360 --> 00:14:24,360 Speaker 2: It was edited by Aaron Edwards and Mark Million. It 237 00:14:24,480 --> 00:14:27,680 Speaker 2: was mixed by Rishi Bajacole. It was fact checked by 238 00:14:27,760 --> 00:14:32,160 Speaker 2: Arafat Jalasho Perry. Our senior producers are Naomi Shaven and 239 00:14:32,280 --> 00:14:36,840 Speaker 2: Kim Gettelson. Our senior editor is Elizabeth Ponso. Nicole Bumsterbor 240 00:14:37,000 --> 00:14:40,840 Speaker 2: is our executive producer. Sage Bauman is Bloomberg's Head of Podcasts. 241 00:14:41,240 --> 00:14:44,200 Speaker 2: Special Thanks to Tom Gibson and the Bloomberg Originals Team. 242 00:14:45,560 --> 00:14:48,080 Speaker 2: If you liked this episode, make sure to subscribe and 243 00:14:48,200 --> 00:14:51,040 Speaker 2: review The Big Take Wherever you listen to podcasts, it 244 00:14:51,120 --> 00:14:54,480 Speaker 2: helps new listeners find the show. Thanks so much for listening. 245 00:14:54,760 --> 00:14:56,080 Speaker 2: We'll be back tomorrow