US EditionCSG Acquires Serbian UAS Propulsion Specialist MUST Solutions to Expand Unmanned Systems Portfolio
7 Articles
7 Articles
The Czech holding of the military and mechanical industry CSG, which also operates in Serbia, is buying a majority stake in Vladimir Jazarević's Serbian manufacturer of engines for unmanned aircraft MUST Solutions, the Czech news agency ČTK reports today.
CSG acquires Serbian UAS propulsion specialist MUST Solutions to expand unmanned systems portfolio
Based in Belgrade, MUST Solutions (Mechatronics Unmanned Systems and Technology Solutions) develops and produces propulsion systems for advanced unmanned aerial vehicles. Its flagship product is a 4,000 N turbofan engine — the only one of its kind developed in Europe — which combines reduced fuel consumption with extended range, alongside a 300 N turbojet engine designed for lighter UAS platforms. “The acquisition of MUST Solutions represents th…
Digitalization of tax systems becomes standard in more and more countries. In an interview with Adin Andrei from Infinite IT Solutions, we explore how...
Czechoslovak Group (CSG), owned by Czech entrepreneur Michal Strnad, present in Italy through subsidiaries Fiocchi Munitions and Armi Perazzi, has made its first acquisition in the context of its expansion in the field of air systems without pilot (UAS). Through its newly established subsidiary AviaNera Technologies a.s.,..
The arms and engineering holding Czechoslovak Group (CSG) of businessman Michal Strnad is buying a majority stake in the Serbian company MUST Solutions, which develops and manufactures engines for unmanned aerial vehicles, through its new company AviaNera Technologies. AviaNera Technologies will acquire a 51 percent stake from the founder and current majority owner of the Serbian company, Vladimír Jazarevič. The holding did not disclose the pric…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
