Altinay Savunma Teknolojileri A.S.
BBIST:ALTNY10.97
TRY
-0.14
(-1.26%)
ISIN
TREALTA00014
Return %
Stock
S&P 500
1Y
-24.44
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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TRY
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in mil. unless spec.Growth Rates
TRY
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in mil. unless spec.Quarterly Revenue
TRY
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in mil. unless spec.Quarterly Earnings Per Share
TRY
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in mil. unless spec.Quarterly Dividends Per Share
TRY
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in mil. unless spec.Company Description
- CEO
- Zekeriya Burak Mercan
- Full Time Employees
- 673
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- Sanayi Mah. Teknopark Bulvari No: 1/7C Istanbul IB Turkey 34906
- IPO Date
- May 17, 2024
- Website
- altinaysavunma.com
- Similar Companies
- Business
- Altinay Savunma Teknolojileri AS (ALTNY.IS), a Turkey-based defense technology company founded in 2014 and headquartered in Teknopark Istanbul, Pendik, Istanbul, designs, manufactures and supplies advanced products and solutions including motion control systems such as actuators, telescopic masts, pedestals and servo drives; unmanned systems encompassing aerial, ground and maritime platforms like mini, light, medium and heavy-class UAVs from subsidiary DASAL with reconnaissance, surveillance and firepower capabilities; stealth systems; weapon systems featuring air-to-ground and air-to-air release mechanisms; ammunition destruction and production systems; naval defense systems; robotic solutions such as bomb disposal robots and industrial robots; electro-optical monitoring systems; test systems; as well as aircraft motion and flight control, landing gear and verification systems through joint venture TAAC Aerospace Technologies with Turkish Aerospace Industries; serving the Turkish Armed Forces, government entities, private sector customers and international markets with facilities exceeding 40,000 square meters and certifications including AS9100D, ISO 9001, ISO 27001 and NATO security clearances. The company, part of Altınay Technology Group with over 600 employees, completed its initial public offering on Borsa Istanbul in May 2024 raising approximately TL 1.9 billion to fund new facilities, R&D in test technologies, global sales expansion, working capital and potential acquisitions; secured multiple contracts in 2024 totaling over $16 million including a $4.95 million deal for auxiliary subsystems on armored land vehicles; and acquired full 100% ownership of DASAL Aerospace Technologies by purchasing the remaining 49% stake from ASELSAN, strengthening its unmanned systems portfolio.