History
Alex Nevsky, seeking revenge against Tony Stark created his own version of Vanko's destroyed armor. It was designed to be more lightweight; Making it much sleeker and faster in order to compete with Stark's current armor, as Iron Man's design had significantly improved from the armor Vanko designed the first Crimson Dynamo to compete with. The armor was apparently later stolen by KGB Agents upon assassinating Nevsky; This is its last known whereabouts.