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Putin's daughter's fund co-owns largest Russian drone manufacturer, reports say

Putin's daughter's fund co-owns largest Russian drone manufacturer, reports say Katerina Tikhonova (Getty Images)

National Intellectual Development Foundation (NIDF), led by the daughter of Russian dictator Vladimir Putin, Katerina Tikhonova, has become a co-owner of the largest drone manufacturer in Russia, according to Verstka.

The NIDF, headed by Katerina Tikhonova, acquired a 10% stake in the company Geoscan. This share was purchased from the founder of Geoscan, Alexey Semenov, who owns 87.5%. The remaining 2.5% is controlled by the company's CEO, Alexey Yuretskiy.

The group of companies Geoscan is the largest producer of civilian unmanned aerial vehicles (drones) in Russia, as well as software for photogrammetric data processing.

The company is under Ukrainian sanctions

In early July 2023, Ukraine imposed sanctions on Geoscan because the company's products are integrated into the production chain of goods and services for military and/or dual-use purposes.

It happened three months after the head of the government of Bashkortostan, Andrey Nazarov, announced the making of drones for use in the war against Ukraine at the facilities of Geoscan-Ufa.

Katerina Vladimirovna Tikhonova

She is the younger daughter of Vladimir Putin. She is the head of the National Intellectual Reserve Center at Lomonosov Moscow State University and the director of the NIDF, operating under the brand of the company Innopractica. Together with MSU, they are implementing a large-scale investment project to create a scientific and technological valley in Moscow on the Vorobyovy Gory.

Since April 2022, she has been under sanctions from all European Union states, the United Kingdom, Japan, Australia, Canada, the United States, and other states.

Putin's other daughter publishes in American journals

Previously, Russian media reported that the scientific works of the elder daughter of the Russian dictator, Maria Vorontsova, continued to be published in journals in the United States and Switzerland. This is happening despite Russia's ongoing war against Ukraine.

The publications of Putin's daughter in these scientific journals may have an impact on the reputation of the publishers.