{"id":105615,"date":"2026-10-19T16:03:23","date_gmt":"2026-10-19T13:03:23","guid":{"rendered":"https:\/\/thedefender.media\/?post_type=insights&p=105615"},"modified":"2026-10-19T16:21:14","modified_gmt":"2026-10-19T13:21:14","slug":"maksym-vasylchenko-interview-on-tencore-ecosystem","status":"publish","type":"insights","link":"https:\/\/thedefender.media\/en\/insights\/maksym-vasylchenko-interview-on-tencore-ecosystem\/","title":{"rendered":"TENCORE starts buying up other UGV manufacturers. CEO Maksym Vasylchenko explains the logic behind the deals"},"content":{"rendered":"\n

Last week, Ukrainian robotic systems developer and manufacturer TENCORE announced the launch of its ground solutions ecosystem<\/a>. Beyond its own products, the ecosystem includes UGVs and components from other manufacturers, including TOR’s wheeled drone and NODRICS’ MAT1LDA amphibious vehicle.<\/p>\n\n\n\n

TENCORE<\/a> said launching the ecosystem will let military units and other customers get UGVs for any task from a single supplier, instead of assembling a \u201ctechnological zoo\u201d themselves. At the same time, the company did not say on what terms the manufacturers are joining forces.<\/p>\n\n\n\n

Defender Media asked TENCORE co-founder and CEO Maksym Vasylchenko about this. He explained that the company is buying other manufacturers, or stakes in them, and integrating their products into the TENCORE Ecosystem.<\/p>\n\n\n\n

Vasylchenko goes into more detail in the interview. He also discusses TerMIT UGV production volumes, the company\u2019s export activities, and his goals in his new role as chairman of the board of the Ukrainian Council of Defence Industry<\/a>.<\/p>\n\n\n\n

On TENCORE\u2019s development strategy<\/strong><\/h4>\n\n\n\n

Our strategy is to be number one, at least in Europe, in everything related to the ground domain. We aim to meet all customer needs for ground robotic solutions in defence and dual-use.<\/p>\n\n\n\n

To do that, we need to build a coherent ecosystem. Different climate zones, application areas, and tasks require different solutions. But customers want to get them from a single supplier.<\/p>\n\n\n\n

Let\u2019s model a situation: a military unit needs to protect a 5 km section of the front. What ground solutions does it need? We have to provide UGVs with integrated radars, UGVs with turrets, interceptor drones or even missiles, as well as UGVs for logistics and evacuation, and so on. We are moving toward covering all these needs with our ecosystem.<\/p>\n\n\n\n

What is already in the TENCORE Ecosystem<\/strong><\/p>\n\n\n\n

To offer a ready-made solution like this to a customer, we need to bring the best engineers and the best ready-made solutions together in one consolidated company. We have already brought in the teams of the heavy UGV TOR and the amphibious MAT1LDA, plus our own TerMIT<\/a> and TRAX<\/a>.<\/p>\n\n\n\n

So we already have a tracked UGV, a wheeled one, an amphibious one and a firefighting drone. We are now working on adding several other products, and we will announce them as deals are signed.<\/p>\n\n\n\n

\"\"
Products currently in the TENCORE Ecosystem. Photo: TENCORE<\/em><\/figcaption><\/figure>\n\n\n\n

Everything in the ecosystem should be standardised. All products should use the same connectors, batteries, communications, and so on. This will make life easier for the military because, right now, they have a zoo of chargers, connectors, communication modules, controllers, cables, and everything else.<\/p>\n\n\n\n

I attended a meeting at the Supreme Commander\u2019s Staff and heard about this problem directly from corps commanders. They raised it repeatedly, and not only in relation to UGVs<\/a>. We still don\u2019t have common standards, as in the automotive industry, where everything is more or less the same worldwide. We are starting to introduce this kind of standardisation in the ground domain.<\/p>\n\n\n\n

How the companies are joined together<\/strong><\/h4>\n\n\n\n

Our ecosystem is not an association or any other kind of grouping of companies. TENCORE takes an equity stake in the businesses we bring into the ecosystem. That is, we have either already acquired these companies or stakes in them, or are in the process of acquiring them.<\/p>\n\n\n\n

We don\u2019t disclose the details of the deals. I will only say that they will be financed under a hybrid model. For now, we are covering them with TENCORE\u2019s own funds. But we have deals with several other manufacturers in the pipeline, and we will need investment for those. We will announce this later.<\/p>\n\n\n\n

We will not necessarily buy out 100% of a company that joins our ecosystem. But we will have a right of first refusal to buy their shares if their shareholders decide to sell an additional stake.<\/p>\n\n\n\n

How many UGVs TENCORE produces<\/strong><\/h4>\n\n\n\n

TENCORE can currently produce from 500 UGVs a month. We can make more, but here we need to work in tandem with the state. We can\u2019t increase production to a thousand units in a single month. Compared with FPV drones, for example, we have a much longer cycle for component delivery and production itself.<\/p>\n\n\n\n

The components\u2019 lead time is currently about three to four months. So if we are told today that we need to make 1,000 UGVs instead of 500, we can only reach that number in the fifth month. If they say 2,000, also only in the fifth month; 3,000, likewise.<\/p>\n\n\n\n

Scaling is not a problem for us. Our UGVs are modular, different parts are made in different cities, and production is not concentrated in one region. We have established procedures and processes that let us launch production of particular modules fairly quickly. The only question is the cycle of procuring and delivering components.<\/p>\n\n\n\n

\"\"
TerMIT UGV with a combat module on the MAT1LDA amphibious platform. Photo: TENCORE<\/em><\/figcaption><\/figure>\n\n\n\n

Most UGV manufacturers on the market are currently about 90% loaded. Almost all are ready to make more, but they can\u2019t do so without prior contracts and advance payments. Materials are expensive. We can\u2019t build R&D costs into a product’s price, so we finance further development solely from net profit.<\/p>\n\n\n\n

That leaves us with a few ways of raising funds. The first is state lending programmes, which we use successfully, including the \u201c5-7-9\u201d loans. The second is attracting foreign venture investment.<\/p>\n\n\n\n

On exports<\/strong><\/h4>\n\n\n\n

We have created a joint venture with Germany\u2019s Quantum Systems under the Build with Ukraine programme. It is already operating. We have received some of the permits and are still waiting for others.<\/p>\n\n\n\n

As far as I know, we are the first company not only assembling a product abroad from ready-made components but also transferring technology. We are transferring the technology to produce the metal parts ourselves and bringing in local metalworking partners for laser cutting, painting, and metal bending.<\/p>\n\n\n\n

Technology transfer requires a separate permit. There is nothing unrealistic on this path, you just need to prepare the documents properly. But for a number of reasons, it is quite slow. Being a pioneer is always hard. Plus, the State Service of Export Control simply doesn\u2019t have enough people, because the staffing crisis affects the whole market.<\/p>\n\n\n\n

\n
Read more:<\/strong> Tencore and Dominion Dynamics to launch TerMIT UGV production in Canada<\/a><\/div>\n<\/div>\n\n\n\n

Nevertheless, we expect the first TerMIT UGVs to roll off the line at our joint venture with Quantum Systems in Germany by the end of the year.<\/p>\n\n\n\n

We also have similar memorandums signed with partners in Finland and Denmark. The Finnish partners are great, and the Finns themselves know well what Russia is and why you always have to be ready for military confrontation. Under Build with Ukraine, we will produce UGVs in Finland for the Armed Forces of Ukraine. As for Denmark, the ball is in their court now, and we are waiting for information from our partners.<\/p>\n\n\n\n

On being appointed chairman of the board of the Ukrainian Council of <\/strong>Defence Industry<\/h4>\n\n\n\n

We are now building a strategy for 2027. I am taking over from the previous chairman, studying the organisational structure, how everything works inside, and which projects are already in progress. My task is to make the Council of Defence Industry even more effective and productive for Ukraine\u2019s private defence business.<\/p>\n\n\n\n

By way of analogy, in Japan, for example, Toyota writes a white paper on developing the country\u2019s auto industry. The state listens to this company\u2019s opinion and is guided by that white paper. We want to create a white paper for Ukraine’s defence industry, so all processes are transparent and clear for businesses entering the industry.<\/p>\n\n\n\n

We already have extensive experience in creating the legal framework. We helped prepare many bills that have already been adopted and support the defence market, particularly regarding the security of defence enterprises.<\/p>\n\n\n\n

\n
Read more: <\/strong>TENCORE CEO Maksym Vasylchenko to head the board of Ukrainian Council of Defence Industry, replacing Oleksandr Kamyshin<\/a><\/div>\n<\/div>\n\n\n\n

The international track is developing very strongly now. We want to attract as much money as possible to Ukraine, so that specialists stay here, and so that Ukraine becomes a stronger player on the market not as a raw-materials country but as a technology country.<\/p>\n\n\n\n

So we will draft the strategy, agree it among the board members and start implementing it.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company has already taken equity stakes in two Ukrainian UGV makers and plans further deals<\/p>\n","protected":false},"author":3,"featured_media":105544,"template":"","tags":[642,2722,584,585,1612,409],"class_list":["post-105615","insights","type-insights","status-publish","has-post-thumbnail","hentry","tag-export","tag-maxym-vasylchenko","tag-tencore","tag-termit","tag-ugv","tag-ucdi","pmpro-has-access"],"acf":[],"yoast_head":"\nTENCORE starts buying up other UGV manufacturers: interview<\/title>\n<meta name=\"description\" content=\"The company has already taken equity stakes in two Ukrainian UGV makers and plans further deals Read on Defender Media\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedefender.media\/en\/insights\/maksym-vasylchenko-interview-on-tencore-ecosystem\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TENCORE starts buying up other UGV manufacturers: interview\" \/>\n<meta property=\"og:description\" content=\"The company has already taken equity stakes in two Ukrainian UGV makers and plans further deals Read on Defender Media\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thedefender.media\/en\/insights\/maksym-vasylchenko-interview-on-tencore-ecosystem\/\" \/>\n<meta property=\"og:site_name\" content=\"Defender Media\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DefenderMediaUA\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-19T13:21:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thedefender.media\/wp-content\/uploads\/2026\/10\/vasylchenko-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1114\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@DefenderMediaUA\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/\",\"url\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/\",\"name\":\"TENCORE starts buying up other UGV manufacturers: interview\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thedefender.media\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thedefender.media\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/vasylchenko-1.webp\",\"datePublished\":\"2026-10-19T13:03:23+00:00\",\"dateModified\":\"2026-10-19T13:21:14+00:00\",\"description\":\"The company has already taken equity stakes in two Ukrainian UGV makers and plans further deals Read on Defender Media\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/#primaryimage\",\"url\":\"https:\\\/\\\/thedefender.media\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/vasylchenko-1.webp\",\"contentUrl\":\"https:\\\/\\\/thedefender.media\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/vasylchenko-1.webp\",\"width\":1600,\"height\":1114,\"caption\":\"\u0421\u043f\u0456\u0432\u0437\u0430\u0441\u043d\u043e\u0432\u043d\u0438\u043a \u0456 CEO TENCORE \u041c\u0430\u043a\u0441\u0438\u043c \u0412\u0430\u0441\u0438\u043b\u044c\u0447\u0435\u043d\u043a\u043e. \u0424\u043e\u0442\u043e: TENCORE\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/maksym-vasylchenko-interview-on-tencore-ecosystem\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thedefender.media\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Insights\",\"item\":\"https:\\\/\\\/thedefender.media\\\/en\\\/insights\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"TENCORE starts buying up other UGV manufacturers. 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