Ukrainian Prime Minister Yulia Svyrydenko said the U.S.-Ukraine Reconstruction Investment Fund had received 282 project financing applications from more than 15 countries one year after its creation under the U.S.-Ukraine minerals deal, The New Voice of Ukraine reported on May 5.

More than half of the applications came from Ukrainian companies, with the largest share in energy, followed by transportation and logistics, critical minerals and strategic technologies. In March, the fund approved its first investment in Ukrainian dual-use technology company Sine Engineering to develop communication and navigation components for drones. Kyiv and Washington aim to sign three investment agreements by the end of 2026.