Over 40 Armenian defense industry companies are presenting their products at the RISE 2026 forum in Yerevan
03.06.2026,
19:49
The major high-tech exhibition RISE Powered by Silicon Mountains 2026 is taking place from June 3-4 at the K. Demirchyan Sports and Concert Complex in Yerevan.
YEREVAN, June 3. /ARKA/. The major high-tech exhibition RISE Powered by Silicon Mountains 2026 is taking place from June 3-4 at the K. Demirchyan Sports and Concert Complex in Yerevan.
The exhibition brings together leading representatives of the technology and military-industrial sectors, specialists, and over 40 local companies. This year, it is being held in two stages—in June and November—under the motto "We Are Our Mountains. Ascent."
As RA Minister of High-Tech Industry Mkhitar Hayrapetyan noted, the military-industrial sector is strengthening and becoming a new economic sector.
"The military industry has generated a turnover of approximately 70 billion drams within the economy and is already expanding beyond Armenia's borders. "Defense industry products are becoming a key export sector for our economy," the minister said at the exhibition opening.
According to him, this is only the beginning of a long journey, as the state has set itself more ambitious development goals.
"We are summing up the results of the first three-year program with direct government investments through orders totaling 172 billion drams. We consider it a success.
That's why the government has made another important, pivotal decision: to continue the practice of long-term contracts, which has already been enshrined in decisions made within the 190 billion drams," Hayrapetyan noted.
Armen Baldryan, President of the Union of Information and Communication Technologies Employers and CEO of Unicomp CJSC, emphasized that Armenia has no alternative but to develop its own high-tech industry.
"This is not just an industry, but also a driving force for the entire economy. Armenian products must become the driving force that will increase Armenia's economic productivity and enable it to gain a competitive advantage in the global economy," Baldryan said.
About the Exhibition
RISE Powered by Silicon Mountains 2026 is organized by the Union of Employers in Information and Communications Technology (UEICT), founded in 2015. The union unites over 130 companies employing over 30,000 people.
RISE stands for Research, Innovation, Science, and Engineering. Silicon Mountains RISE is being held for the first time in 2026 as the spring expansion of the Silicon Mountains Summit series.
The event is dedicated to presenting high-tech products, innovative solutions, scientific developments, and engineering projects from Armenian companies, research centers, and teams.
UEICT has been holding the annual Silicon Mountains Tech Summit since 2019. According to the organizers, over 100 speakers and over 6,000 participants have participated in the event since then. In 2024, the forum was held outside Yerevan for the first time – in Shirak, and in 2025 – at the COAF SMART Center in the Lori region.
The exhibition brings together leading representatives of the technology and military-industrial sectors, specialists, and over 40 local companies. This year, it is being held in two stages—in June and November—under the motto "We Are Our Mountains. Ascent."
As RA Minister of High-Tech Industry Mkhitar Hayrapetyan noted, the military-industrial sector is strengthening and becoming a new economic sector.
"The military industry has generated a turnover of approximately 70 billion drams within the economy and is already expanding beyond Armenia's borders. "Defense industry products are becoming a key export sector for our economy," the minister said at the exhibition opening.
According to him, this is only the beginning of a long journey, as the state has set itself more ambitious development goals.
"We are summing up the results of the first three-year program with direct government investments through orders totaling 172 billion drams. We consider it a success.
That's why the government has made another important, pivotal decision: to continue the practice of long-term contracts, which has already been enshrined in decisions made within the 190 billion drams," Hayrapetyan noted.
Armen Baldryan, President of the Union of Information and Communication Technologies Employers and CEO of Unicomp CJSC, emphasized that Armenia has no alternative but to develop its own high-tech industry.
"This is not just an industry, but also a driving force for the entire economy. Armenian products must become the driving force that will increase Armenia's economic productivity and enable it to gain a competitive advantage in the global economy," Baldryan said.
About the Exhibition
RISE Powered by Silicon Mountains 2026 is organized by the Union of Employers in Information and Communications Technology (UEICT), founded in 2015. The union unites over 130 companies employing over 30,000 people.
RISE stands for Research, Innovation, Science, and Engineering. Silicon Mountains RISE is being held for the first time in 2026 as the spring expansion of the Silicon Mountains Summit series.
The event is dedicated to presenting high-tech products, innovative solutions, scientific developments, and engineering projects from Armenian companies, research centers, and teams.
UEICT has been holding the annual Silicon Mountains Tech Summit since 2019. According to the organizers, over 100 speakers and over 6,000 participants have participated in the event since then. In 2024, the forum was held outside Yerevan for the first time – in Shirak, and in 2025 – at the COAF SMART Center in the Lori region.
