Consolidation and capital: The new era of Ukrainian defense tech

With four years of full-scale war giving the industry time to mature, and a new war in Iran adding further momentum, the growth could lay the foundation for the defense tech sector to become a pillar of Ukraine's post-war economy.

Despite this growth, significant questions remain around export and profit margin restrictions in Ukraine, as well as government interference, all of which could hamper future development.

Photo: Oleksandr Klymenko/Ukrinform/NurPhoto/Getty Images