RTK-Solar Will Invest $370 Million in Cybersecurity by 2025

09 June 2022

RTK-Solar will invest $370 million (22 billion rubles) in the development of promising cybersecurity solutions by 2025. The company will invest in start-ups, more mature companies, and in the development of its own solutions. As a result, RTK-Solar will be able to create an ecosystem of Russian solutions.

During the first stage, the company and the Skolkovo Foundation launched the Cybersecurity Hub. It will focus on supporting promising technologies for protection against cyber threats. RTK-Solar and the Skolkovo Foundation plan to start selecting the projects in the summer of 2022 and process more than 200 applications. After that, they will offer promising teams to go through an acceleration program and test their solutions at the National Cyber ​​Range.

Currently, according to the information provided by the Skolkovo Foundation, there are about 250 tech companies in cybersecurity in Russia, which indicates a low market saturation.

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