The Current Czech-Italian Cooperation in the Aerospace Industry and the Partnership’s Challenges

Abstract

The aerospace industry has experienced increased importance for the Czech Republic and Italy. Both economies have many small companies dealing with aerospace strategic sectors and entertain partnerships and agreements, through a network ranging from research to industry. The deep and developed bilateral cooperation in the field of aerospace and have the power of developing further cooperation and synergy. Particularly, high-qualified medium-sized companies have become crucial players in the aerospace industry of both countries. A wide universe of small enterprises dealing with satellites, tech, and digital tools all dedicated to the development and implementation of aerospace projects, with a close orientation to the future challenges of the aerospace industry -including investment in the sectors, the importance to mix fields of knowledge and info sharing; and finally lowering the costs -characterizes the current Czech-Italian relations in the field of the aerospace industry. The challenges ahead should not scare investors.