Onur Yuksek Teknoloji AS
BBIST:ONRYT7.58
TRY
-0.57
(-6.99%)
Onur Yuksek Teknoloji AS
BIST:ONRYT
(Istanbul Exchange)
Recent
price
7.58
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- Onur Yuksek Teknoloji AS designs, manufactures, installs and integrates advanced communication and aviation systems for civil and military applications; offers IP-based voice communication and recording systems including military, civilian, integrated and transport-specific solutions compliant with ICAO, ETSI, EUROCONTROL, EUROCAE, NATO and ITU standards; provides data communication systems for mobile platforms, unmanned systems and integrated voice-data products; delivers aviation system integrations such as mobile air traffic control towers, navigation aids, air traffic management, meteorological radars, vessel traffic control and ship navigation radars; operates in renewable energy with solar power plants, solar tracking systems and wind power plants. The company, founded in 1980 and headquartered in Ankara, Turkey, serves Turkish defense entities including Ministry of Defense, Air Forces Command, Naval Forces Command, Coast Guard Command, ASELSAN and TAI, alongside Turkish State Airports Authority, State Railways and international aviation organizations; exports products to four continents with a focus on reducing import dependency through domestic R&D. Recent developments include expansion into data communication systems in 2016 with international marketing push since 2024; initial public offering and listing on Borsa Istanbul's Main Market under ticker ONRYT on May 28, 2024 via existing shares sale raising funds for renewable energy investments, debt repayment, working capital, R&D and capacity expansion; recognition as an R&D Center by Turkey's Ministry of Industry and Technology with a 2023 Ankara Chamber of Industry award for R&D and innovation; continued solar power plant portfolio growth in Kahramanmaras and Osmaniye featuring advanced tracking systems.