Investment News

EU to Fund up to €80 million for Greek Ammunition
Investment Weapon / Missile

EU to Fund up to €80 million for Greek Ammunition

Hellenic Defence Systems plans to increase ammunition production to meet needs created by the Ukraine war. The Country is looking for funds.

SSB Holds Defence Industry GHOST Workshop
Investment

SSB Holds Defence Industry GHOST Workshop

SSB holds a workshop to discuss technologies that will shape future operational environments called GHOST in order to prepare itself for the 2050s.

CANiK Extended to Three Continents
Weapon / Missile Investment

CANiK Extended to Three Continents

Turkish arms manufacturer CANiK became a defence company operating on three continents by acquiring British company AEI Systems.

AEROS Will Provide Consultancy to Test Procedure
Investment

AEROS Will Provide Consultancy to Test Procedure

A cooperation and solution partnership agreement was signed between TRTEST, AEROS company which provides aviation engineering services based in Ankara.

Baykar Established an AI Robot R&D Company in Azerbaijan
Investment Bilateral Relations Unmanned Systems

Baykar Established an AI Robot R&D Company in Azerbaijan

Baykar Chairman Selçuk Bayraktar visited Azerbaijan President Ilham Aliyev to give information about the “Bayraktar Technology Azerbaijan” company.

Alpha UAV Maker Completes First Round of Investment
Air Unmanned Systems Investment

Alpha UAV Maker Completes First Round of Investment

The Spanish company Alpha Unmanned Systems (AUS), announces closing its first seed round of external investment capital.

Biden Summons Defence Production Act for Printed Circuit Board Production
Investment

Biden Summons Defence Production Act for Printed Circuit Board Production

Biden, who visited Canadian Prime Minister Justin Trudeau, introduced the Defence Production Act on Monday to spend $50 million.

Bayraktar Akıncı Exhibited at NAVDEX
Investment Unmanned Systems Expo and Air Show

Bayraktar Akıncı Exhibited at NAVDEX

IDEX International Defence Exhibition and Conference and NAVDEX Maritime Defence and Maritime Security Event were held simultaneously in Abu Dhabi, the capital of the United Arab Emirates (UAE). Baykar company's Akıncı UAV was exhibited for the first time at an international defence industry event.

Paramount Unveils new Brand at IDEX 2023
Air Investment

Paramount Unveils new Brand at IDEX 2023

Paramount Company introduces a new logo of its brand at the International Defence Expo, IDEX 2023.

Aspilsan Exported Cylindrical Lithium-Ion Batteries
Investment Country

Aspilsan Exported Cylindrical Lithium-Ion Batteries

Kayseri-based Aspilsan Energy started mass production of Aspilsan INR18650A28 Li-ion batteries in the third quarter.

Swiss Federal Council Invests More in Armed Forces
Investment

Swiss Federal Council Invests More in Armed Forces

At its meeting on February 15th, 2023, the Swiss Federal Council approved the Despatch on Army 2023. The decision was issued on February 15th.

DARPA Selects Aurora for Phase 2 of Active Flow Control X-Plane
Air Investment

DARPA Selects Aurora for Phase 2 of Active Flow Control X-Plane

DARPA enters a new phase in creating an aircraft with no exterior moving parts with Aurora Flight Sciences.

TUSAŞ Opens Doors to Media
Air Investment

TUSAŞ Opens Doors to Media

Turkish Aerospace CEO Professor Temel Kotil set up a press meeting at the TUSAS facility. He answered questions at the meeting.

Azerbaijan Signs MoUs with AYESAŞ and Lentatek
Investment

Azerbaijan Signs MoUs with AYESAŞ and Lentatek

Azerbaijan Defence Industry Ministry, AYESAŞ and Lentatek signed cooperation agreements for joint research and development projects.