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Why is GE Power India Limited (532309) rising ✌️【Profit Maximization】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. On aKyivrooftop in late November, a small group of volunteers in mismatched fatigues keep anxious watch. By day, all are judges in Ukraine’s highest courts, but once a fortnight they come together as a makeshift air defense unit, armed only with a pair of Soviet-era machine guns to shoot down swarms of drones.

It’s “the cheapest way,” said Yuriy Chumak, one of the volunteers and a serving Supreme Court justice, highlighting Ukraine’s reluctance to use expensive,Western-supplied missilesagainst comparatively low-cost unmanned aerial vehicles (UAVs).

Chumak and his comrades shrug off the risk, keeping their spirits up with tea and jokes to while away a 24-hour shift. But it’s clear their work has grown exponentially more dangerous in recent months as Russia has ramped up its drone offensive, terrorizing Ukrainian cities on an almost daily basis.

Over the last six months,Russia’s drone attackshave increased from around 400 in May to more than 2,400 in November, according to a 【 - Free Step-by-Step Investment Guide 】 tally of data from Ukraine’s armed forces. There have been at least 1,700 drone strikes so far in December.

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“They’re moving fast and you’re seeing it across the entire military production industries of Russia,” David Albright, a former UN weapons inspector who founded the institute, told 【 - Free Step-by-Step Investment Guide 】. “They themselves are not making the high-tech stuff, they import what they need to do that, but they’re able to boost production of things that are easier to make, and drones fundamentally are not that hard.”

In addition to the Shaheds, it appears that Alabuga has been manufacturing low-tech, “decoy” drones since the summer, the sources in Ukraine’s defense intelligence told 【 - Free Step-by-Step Investment Guide 】. Known as the “Gerbera,” the decoy drones are made of plywood and foam and mimic the Shahed’s distinctive triangular shape.

“The Russian military discovered relatively quickly that Ukrainian air defenses can be quite capable of shooting down the majority of Shaheds,” said Samuel Bendett, an adviser at CNA, a nonprofit research organization based in Virginia, adding that, “Russia needed a weapon, a system that could basically present multitudes of false targets for the Ukrainian defenders.”

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Chumak said it’s impossible to tell the difference between true Shaheds and the decoys on the radar, but that many of the incoming UAVs appear to be unarmed. “If we see the drone on a map or by our eyes, we try to shoot it down… cheap or expensive,” he told 【 - Free Step-by-Step Investment Guide 】. He estimates if Russia fires 150 drones in a night, only 20 to 30 will be Shaheds.

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In June 2023, theUS National Security Councilreleased a satellite image of the complex and identified two buildings as being involved in drone manufacturing. Internal documents obtained by the Institute for Science and International Security confirmed the location and revealed that Alabuga was the main party responsible for the production and supply of Shahed drones to the Russian military.

Between March and September, two new buildings appeared next door to those originally identified by the US, increasing the footprint of the manufacturing site by 55%, according to 【 - Free Step-by-Step Investment Guide 】 analysis of satellite imagery.

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Between June and September, construction began on what appear to be elevated walkways connecting the new and original buildings, which were completed by November, according to satellite imagery and Albright’s research. Construction of another walkway is in progress and looks set to link the original buildings with nearby worker dormitories, one of which was struck in a long-range Ukrainian drone attack in April. Over a dozen people were injured in the strike, Russian state media reported.

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Ukraine’s defense intelligence said on Monday that an Alabuga warehouse storing Shahed drone components worth $16 million was destroyed in a “mysterious fire,” noting that it was a blow to Russia’s “military industrial complex” and underscoring the active nature of the fight.

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Between September 2023 and June 2024, 34 Chinese companies “cooperated” with Alabuga, signing contracts totaling around 700 million yuan, or over 8 billion rubles ($96 million), sources in Ukrainian defense intelligence told 【 - Free Step-by-Step Investment Guide 】. The sources said those companies supplied parts and materials, production equipment for UAV manufacturing, and one even provided jamming equipment to protect Alabuga against drone attacks.

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US National Security Council spokesperson John Kirby told 【 - Free Step-by-Step Investment Guide 】 that Alabuga’s drones were clearly having an impact on the battlefield in Ukraine, and China’s involvement was a big concern. “We’ve made clear to the Chinese that although they are not providing lethal aid, they are selling components – including drone components,” he said.

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Ukraine’s sanctions commissioner, Vladyslav Vlasiuk, said that, taken together, it is proof more can be done to curtail the supply chain fueling Alabuga’s breakneck expansion. The United States, United Kingdom and EU have imposed sanctions on the Special Economic Zone, with the US also sanctioning affiliated companies, and individuals in key positions. But Vlasiuk told 【 - Free Step-by-Step Investment Guide 】 that Ukraine is going further – targeting an “ecosystem” of several dozen companies involved in various aspects of drone production and would like Ukraine’s allies to do the same.

Vlasiuk said Kyiv has communicated its concerns to the Chinese government, but that Beijing was “not exactly ready for conversations on this topic,” adding that the situation was “unfortunate.”

Frontline casualties, and an exodus of fighting-age men have strained Russia’s already limited workforce to a breaking point.

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“Still thinking of going into 10th grade?” asks a voice-over in a glossy recruitment video, which was posted on Telegram in July. “Join the super-elite program, air navigation and drone programming at Alabuga Polytechnic. And help the Stalin’s Falcons.” The video then cuts from teenagers in a laboratory setting to a military parade. The “Stalin’s Falcons,” named after the elite Russian World War II-era fighter pilots, appears to be a new Russian army drone unit, which Ukrainian defense intelligence sources believe may be directly associated with Alabuga.

Other videos shared on Alabuga Polytechnic’s TikTok and Telegram accounts show off high-tech laboratories, brand-new dormitories and a team-building exercise described as “the biggest military-patriotic paintball tournament in Russia,” where students reenact WWII battles.

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But there is evidence life at Alabuga is nowhere near as utopian as these posts suggest. When it sanctioned Alabuga in February, theUS Treasury noted:“SEZ Alabuga has exploited underage students from an affiliated polytechnic university as laborers to assemble these attack UAVs in exploitative conditions.” Russian independent investigative news outletsProtokol and Razvorotpublished a joint investigation in July 2023 detailing long hours, and tough punishments inflicted on teenagers as young as 15 at the facility.

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Posts on a private Telegram group for parents of first-year Alabuga Polytechnic students also offer revealing insights. Several parents have lamented that some students may not be getting their 10-day New Year holiday (a given for most Russians). Others say they traveled hundreds of miles to visit their children at Alabuga, only to get just a few hours with them.

“Working without holidays and days off is not normal even for adults. Psychologists, please speak up about the burden on the children in terms of physical and psychological health,” one demanded. Another mother went even further: “Alabuga polytechnic is really going to extremes, lots of violations of the law, employment codes etc… This is why my child doesn’t tell me anything, so that I’ll stay silent.”

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Orest, the Ukrainian defense intelligence officer, told 【 - Free Step-by-Step Investment Guide 】 all drone assembly workers exist in a climate of secrecy. “All students involved in the productions of these UAVs live at a separate limited access compound. Once employed they sign NDAs. Their contracts say they produce ‘motorboats.’”

Concerns over safety at the facility grew after the Ukrainian drone strike in April. In the following months, parents in the Telegram group referenced frequent evacuation drills, and guidance to supply students with an “emergency bag” containing important documents, spare clothes and food in case they needed to leave in a hurry.

But little was acknowledged publicly by Alabuga about the growing risks. After the April attack, a video shared on Alabuga’s official social media accounts showed a young female employee from Kenya, saying: “You won’t scare me. Alabuga is a strong place, and we will get through this.”

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