Event
Baykar plans $300 million jet-engine investment to localize UAV powerplants
Key points
- Baykar CEO Haluk Bayraktar said the company planned to invest $300 million to develop jet engines.
- The investment would support a turboprop engine for AKINCI and a turbofan engine for KIZILELMA.
- The report also said Baykar's Ukraine factory was 80 percent complete and expected to become operational in 2025.
Company context
Baykar is a Turkish defence and aerospace company developing unmanned aircraft, combat UAVs, AI-enabled autonomy systems, avionics, and ground-control infrastructure. Its platform portfolio includes Bayraktar TB2, AKINCI, TB3, KIZILELMA, KALKAN DIHA, and newer swarm-capable systems.
Context
- Company
- Baykar
- Segment
- Defence
- Event type
- Market Signal
- Geography
- Istanbul · Turkey