SkyFall, a drone manufacturer owned by businessman Oleksandr Konotopskyi, is fulfilling defense contracts for the Armed Forces of Ukraine through an overseas intermediary. According to financial statements, the Estonian company DMO COMMERCE OÜ—which reports zero employees—accumulated over €30.7 million in net profit during 2024–2025 by supplying equipment to Ukrainian defense entities.
The Ukrainian company SkyFall (operating through Skyfall Industries LLC and Strym Techno LLC) is a major supplier of unmanned aerial systems for the Ukrainian military. Its product lineup includes Vampire strike drones, Shrike FPV drones, P1-SUN drone interceptors, and specialized communication equipment.
Driven by state procurement orders, the company secured contracts valued at approximately 40 billion UAH. However, trade analysis indicates that payments for foreign components are routed through indirect supply contracts. Throughout 2025–2026, Strym Techno LLC imported goods from around 60 international suppliers totaling over 43.1 billion UAH.
The primary link in these transactions is DMO COMMERCE OÜ, a company incorporated in Estonia in June 2024 with a share capital of €2,500. Founded by Denys Ovsiannikov, an IT professional, the firm officially registers its primary business activity as wholesale and retail trade.
«Funds for delivered equipment are not paid directly to manufacturers in Hong Kong; instead, they are routed to the account of Estonian-registered DMO COMMERCE OÜ, which then transfers the remaining capital to Asian suppliers.»
Public financial disclosures reveal that DMO COMMERCE OÜ has zero labor/payroll costs, indicating that the entity operates with no registered staff.
Despite having no full-time employees, the company’s financial records show rapid growth:
Current Assets: Rose from €7.47 million in 2024 to €48.66 million in 2025.
Net Profit: Reported at €6.53 million for late 2024, surging to €24.18 million in 2025.
Combined net profit for the intermediary reached €30,724,155 over two years. Industry analysts note that relying on offshore trade intermediaries can significantly mark up the final cost of military equipment procured with state funds.