• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

3

NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won

3

NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'
InnovationUkraine invasion

New drones are giving Ukraine a battlefield advantage and ravaging Russia’s oil industry

Jason Ma
By
Jason Ma
Jason Ma
Weekend Editor
Down Arrow Button Icon
Jason Ma
By
Jason Ma
Jason Ma
Weekend Editor
Down Arrow Button Icon
April 13, 2026, 4:53 PM ET
Russia’s Ust-Luga oil terminal complex with several oil storage tanks burning on March 27, 2026.
Russia’s Ust-Luga oil terminal complex with several oil storage tanks burning on March 27, 2026.Vantor via Getty Images
Add Fortune on Google for similar content.

Ukraine’s constant innovation in drone technology is giving its military an edge on the battlefield, dealing major blows to Russia’s army and economy.

Recommended Video

While Russia invaded Ukraine four years ago with superior numbers, that advantage has since been neutralized by Western aid and the emergence of new drones, which now account for the vast majority of casualties.

Both sides have scrambled to deploy upgraded versions, but Ukraine appears to be innovating faster and has recently gained the upper hand.

“Recent evidence suggests that not only are Russian forces facing setbacks on the battlefield, but also that recent Ukrainian drone innovations have shifted the battlefield advantage in Ukraine’s favor,” the Institute for the Study of War said in a note last week.

Drone improvements have contributed to higher Russian casualty rates so far this year compared to 2025, which had already seen staggering losses estimated at 30,000 a month.

In addition, Ukraine’s new weapons have enabled more strikes on Russian air-defense systems as well as more interceptions of Russian drones, according to ISW. As a result, Russian advances have slowed down, allowing Ukraine to counterattack.

“Ukraine’s defensive successes, drone adaptations, and midrange strike campaign are creating compounding effects that are degrading Russian frontline forces,” ISW added.

The Kyiv Post reported that Ukraine has recently fielded an AI-enabled drone that’s immune to jamming, is harder to detect, and has longer range.

By contrast, Russian drones have lagged as the Kremlin focuses on mass production of a few models over innovation, while senior military commanders have also been resistant to change, ISW said.

The note pointed out that Ukraine’s domestic drone industry developed the innovations with help from Western allies. But former CIA director and retired Gen. David Petraeus recently predicted that Ukraine will possess “the most important military-industrial complex in the free world.”

“It is producing cutting-edge unmanned systems, not just in the air, but on the ground and at sea,” he said an interview with World at Stake. 

Ukraine’s integration of hardware and software is also extraordinary, Petraeus noted, adding the pace of innovation is constant. Software updates come in less than a week, and hardware changes come every few weeks.

New drones have reached deep into Russian territory, and ISW said Ukraine is inflicting major damage on the Russian energy sector.

It highlighted a series of drone attacks on Novorossiysk on the Black Sea as well as on the Baltic Sea oil hubs of Primorsk and Ust-Luga, which previously handled about 45% of Russia’s seaborne crude exports.

ISW pointed to reports that the drone strikes on Primorsk burned $200 million of oil, while exports of the petrochemical naphtha from Ust-Luga fell by about 70% in the last week of March.

“Ukraine’s expanding long-range strike campaign against Russian oil infrastructure is exploiting overstretched Russian air defenses and significantly damaging Russian oil export capabilities,” ISW said.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Jason Ma
By Jason MaWeekend Editor

Jason Ma is the weekend editor at Fortune, where he covers markets, the economy, finance, and housing.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Innovation

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Innovation

China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list
North AmericaChina
China sanctions 10 U.S. defense companies in tit-for-tat response to Pentagon’s Chinese military list
By The Associated PressJune 22, 2026
2 hours ago
Elon Musk to get a billion shares of SpaceX if he can settle a million humans on Mars
Startups & VentureElon Musk
Elon Musk to get a billion shares of SpaceX if he can settle a million humans on Mars
By Catherina GioinoJune 22, 2026
2 hours ago
Europe must take opportunity to ‘dream bigger’ if it’s to seize its innovation moment
Magazineeuropean economy
Europe must take opportunity to ‘dream bigger’ if it’s to seize its innovation moment
By Francesca CassidyJune 22, 2026
5 hours ago
David Risher
CommentaryRide-Hailing
Lyft CEO: we’re setting a multi-sensor safety standard for autonomous rides
By David RisherJune 22, 2026
6 hours ago
b
InnovationInfrastructure
Over 40,000 American bridges have structurally deficient ratings. Why aren’t we using quantum sensors on them?
By Alex Krasnok and The ConversationJune 21, 2026
1 day ago
Sam Altman thinks AI will surpass human intelligence by 2030.  His rival AI billionaires say it’ll be even sooner
AISam Altman
Sam Altman thinks AI will surpass human intelligence by 2030. His rival AI billionaires say it’ll be even sooner
By Marco Quiroz-GutierrezJune 21, 2026
1 day ago

Most Popular

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
1 day ago
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
Success
Former VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
By Emma BurleighJune 21, 2026
1 day ago
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'
Success
NBC’s Tom Llamas climbed from 15-year-old intern to the top anchor chair—and still isn’t satisfied: ‘If you're not growing, you're dying'
By Preston ForeJune 21, 2026
1 day ago
'I literally was crying last night because I’m nervous about what I’m going to find out': a record 51% of Americans aren't 'cost secure' on health
Health
'I literally was crying last night because I’m nervous about what I’m going to find out': a record 51% of Americans aren't 'cost secure' on health
By Ali Swenson, Amelia Thomson-Deveaux and The Associated PressJune 20, 2026
2 days ago
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
Commentary
Tenzin Seldon: The GLP-1 boom is the biggest climate story no one is pricing in
By Tenzin SeldonJune 21, 2026
1 day ago
Ezekiel Emanuel: My father lived into his 90s. He understood something many successful men miss
Commentary
Ezekiel Emanuel: My father lived into his 90s. He understood something many successful men miss
By Ezekiel J. EmanuelJune 21, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.