Czech arms makers target space defense to sustain Ukraine-driven boom
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Czech defense manufacturer Czechoslovak Group acquired a stake in Canadian space technology firm MDA Space in mid-October to sustain growth following a boom driven by the war in Ukraine. CSG's market capitalization reached €14.6 billion after listing on the Amsterdam Stock Exchange. Czech defense exports rose from €600 million in 2021 to €4.7 billion in 2025.
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