‘Having me on the board wasn’t a good story’ – Ukraine war led Russian founder to sell stake in Irish-based InnaLabs defence tech

Russian tech investor Dmitri Simonenko, founder and former CEO of InnaLabs, has revealed that he exited his stake and director role in the Dublin-based military and aerospace tech firm as a result of the war in Ukraine. Simonenko built InnaLabs – his “baby” – from scratch into a $1bn tech powerhouse, supplying inertial sensors and gyroscopes to SpaceX, Nasa, Boeing and Nato, helping to cement Ireland’s role in global aerospace and defence..