Ukrainian defense company UFORCE, recentlyvalued at $6 billion, is launching a stock option program for all employees. The company hopes that employees will be able to use the money to create their own startups.
Ukrainian defense company UFORCE, recentlyvalued at $6 billion, is launching a stock option program for all employees. The company hopes that employees will be able to use the money to create their own startups.
UFORCE co-founder Oleg Roginsky told DOU about this. He claims that he has long dreamed of introducing vesting in Ukraine, that is, a mechanism by which employees gradually acquire the right to company shares.
“Launching a vesting company in Ukraine has been my long-standing dream, because that’s how an ecosystem is built: people who share the success of one company later create their own startups,” explains Roginsky.
But, according to Roginsky, Ukrainian legislation is not yet sufficiently adapted to such programs. Therefore, employees in Ukraine will not receive shares immediately, but the company will reserve them for employees so that they can exercise their right to a share in the future.
“Everyone on the team will have the opportunity to receive them, and thousands of Ukrainians will deservedly share in the company’s success,” the co-founder claims.
Previously, dev.ua collected 10 interesting facts about UFORCE, which after attracting $700 million in investment was valued at $6 billion. We talked about how the company plans to create a single robotic army of sea, land, and air drones, why it is attracting engineers from Formula 1, and how its Predator turret was tested on a NATO frigate.
