Colonel-General Valentin Shatalov
Shatalov was the KGB official who engineered the disgrace of Bukharin so that he could become the new Crimson Dynamo. With his team, the Remont Four, Shatalov wanted to restore Russia to its former glory, but setbacks forced him to change his stance. Shatalov helped Iron Man defeat a crazed Titanium Man when he remotely had the Dynamo armor, which was being piloted by Tony Stark, kill the Titanium Man. Because this sanctioning was not "officially authorized", Shatalov was reassigned and the Dynamo armor was taken from him.
The second and original Crimson Dynamo in the Ultimate universe is Валентин Шаталов (Valentin Shatalov). Since the end of the Cold War, Shatalov was based in Siberia. He stayed there for a long time; even his government was not confident that Shatalov was still alive. The Crimson Dynamo armor and other super-soldier components were stolen by Rutskaya and Ivan Kragoff. In error, the Dynamo battled the Fantastic Four, who were looking for Susan Storm. However, he was able to explain the purpose of his mission to them. Together, they came to Kragoff's facility and saw Rutskaya's super-soldiers, who were equipped with Crimson Dynamo armors. The mutant Rutskaya was destroyed in a nuclear explosion. The Invisible Woman rescued Shatalov, who then said goodbye to the Fantastic Four.
In Other Media
In episode 17, "Tales of Suspense!", the Crimson Dynamo, along with Melter and Doctor Doom, attacked Iron Man and War Machine. The Dynamo used broken English in conversation, and often talked about himself in the third person. He was voiced by Jess Harnell.
- Crimson Dynamo is a member of the Masters of Evil in the videogame Marvel: Ultimate Alliance voiced by Robin Atkin Downes. The Crimson Dynamo in-game is Valentin Shatalov, the sixth Crimson Dynamo yet the armor is not any existing one, but resembles a smoothed-out version of the eighth Crimson Dynamo (though he mentions he has had upgrades). He is a member of Doctor Doom's Masters of Evil and assists M.O.D.O.K. and Mysterio in the attack on the S.H.I.E.L.D. Omega Base. Crimson Dynamo has special dialogue with Iron Man (who mentions to Iron Man that his new armor can defeat him). A VS simulation disk involves fighting Crimson Dynamo in Asgard.
- Crimson Dynamo appears in Marvel Super Hero Squad voiced by Jess Harnell.
- The Valentin Shatalov version of Crimson Dynamo appears as a villain in the video game adaption to Iron Man 2 voiced by Dimitri Diatchenko. He is allied with both Advanced Idea Mechanics and the Roxxon Energy Corporation, and is the pilot of the 20-foot Crimson Dynamo armor. He was allies with Kearson DeWitt, but was soon stopped when DeWitt discovered a spy inside of Shatalov's operation. Shatalov decided that it was time to utilize the Dynamo armor, and used it with great efficiency against Iron Man. After Iron Man pummeled Shatalov for a short time, the general fired an electric beam at him, and War Machine came in to distract Shatalov. Iron Man then defeated Shatalov and destroyed most of the Dynamo armor. Shatalov died after interrogation from the armored duo.
- Despite the Crimson Dynamo in the Iron Man animated series being the Yuri Petrovich version, the Crimson Dynamo action figure in the show's accompanying toyline was more heavily based on Valentin Shatalov's armor.
- Crimson Dynamo was planned to appear in ToyBiz's Marvel Legends line as part of the Bring on the Bad Guys wave (which eventually ended up becoming the Onslaught Build-a-Figure wave). Despite there being plans and concept art, the figure was never officially produced.
- Crimson Dynamo was featured in Hasbro's Super Hero Squad line.
- A 6-inch Crimson Dynamo figure was featured in Hasbro's Iron Man: The Armored Avenger toyline, which was launched after Iron Man 2, even though the character does not actually appear in the film.