Türkiye-Based Company Signs Massive Kamikaze Drone Export Agreement

A Merküt FPV kamikaze drone. (Courtesy of Pasifik Teknoloji)

Türkiye-Based Company Signs Massive Kamikaze Drone Export Agreement

Turkish tech firm Pasifik Teknoloji revealed a major deal to sell tens of thousands of its FPV kamikaze drones to an undisclosed foreign buyer, marking its first defense export and driving a sharp rise in its shares on Tuesday.

In a regulatory filing late on Monday, the company said it had signed an agreement with a technology and defense institution from a "friendly and allied" country, The Caspian Post reports, citing Daily Sabah.

Under the deal, Pasifik Teknoloji will export 100,000 FPV kamikaze drone systems branded Merküt.

The agreement also includes 10 Alpin unmanned helicopters, 25 Dumrul mini unmanned helicopters, 500 Deli tactical kamikaze systems and 500 Korgan autonomous ground support and surveillance units.

The company said the agreement marks its first export in the defense industry.

Pasifik Teknoloji shares rose 9.96%, hitting the daily upper trading limit after the announcement.

In a note, brokerage firm Global Menkul Değerler said the deal was viewed positively as it represents the company's first defense export and could strengthen its positioning in international markets.

Financial details of the agreement and the identity of the buyer country were not disclosed.

Related news

Türkiye-Based Company Signs Massive Kamikaze Drone Export Agreement

Turkish tech firm Pasifik Teknoloji revealed a major deal to sell tens of thousands of its FPV kamikaze drones to an undisclosed foreign buyer, marking its first defense export and driving a sharp rise in its shares on Tuesday.