From the article:

Ballistic missiles remain the one threat Ukraine still can’t intercept with a system it built itself. Freya could change that, potentially shifting Kyiv’s position on the battlefield and at the negotiating table.

Freya centers on the FP-7.X interceptor, produced by the Ukrainian company Fire Point, and is designed to hit a ballistic target at roughly 15 miles altitude.

Like Patriot interceptors, Freya is an entire system and will rely on allies for production support.

[...]

Fire Point has signed a memorandum with Germany’s Hensoldt for radar technology and is in talks with France’s Thales, Italy’s Leonardo and Norway’s Kongsberg to supply tracking and command-and-control systems.

Zelenskyy said the Freya coalition, which he described as comprising roughly eight partner nations, will speed up the production process and make a faster timeline possible.

[...]

Fire Point is targeting a per-shot cost near $700,000, versus roughly $3.8 million for a Patriot PAC-3.

The missile was flight-tested in early June, the company said, and is aiming to mass-produce three a day starting in August and intercept its first ballistic missile by the end of 2027.