15 Million Dollars investment to Turkish baibars

baibars, headquartered in Çukurova, aims to become an international brand by increasing the rate of domestic production with the investment.

BAI

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Domestic initiative developing agricultural pesticide drones and unmanned aerial vehicles Baibars, a Japanese company that is among the world's largest mechanical equipment component manufacturers Exedy. The financial details of the investment, which was realized at a valuation of 15 million dollars, were not shared with the press because Exedy was traded on the Tokyo Stock Exchange.

Baibars, whose foundations were laid in Çukurova in 2015 in order to meet the technological needs of farmers in our country with national means; It focuses on the development, production, system integration and life cycle support processes of autonomous aviation systems in agriculture. Agricultural drones and tactical UAVs, developed entirely with national R&D by the local enterprise that aims to become a pioneer in its sector in Türkiye, are controlled by Baibars Yaver, which also belongs to the enterprise.

Baibars Yaver helps to work efficiently in difficult conditions with high precision and easy use. The local enterprise's assistant named Baibars Asista helps determine the operation area, crop-appropriate spraying option, flight altitude and route, thanks to its constantly updated satellite-based database. The startup's drones, tactical UAVs, control systems and software offer 360-degree solutions in agricultural use.

Although some of the local startup's technologies are called tactical UAVs, they are not armed systems. The word tactical is based more on the functional use of these UAVs; Their ability to lift heavy loads and supply supplies between stations enables Baibars' UAVs to be used in different areas. According to the statement of the initiative, no military system will be produced in accordance with the agreement made with Exedy.

After the investment, Baibars shared his future plans with Swipeline. href="https://www.linkedin.com/in/erguvan/">Baibars co-founder and general manager Çağlayan Erguvan said, "As a result of the agreement, we aim to increase our domestic production rate, make value-added production sustainable in our country, provide economic and employment contribution, and become an international brand." he said. 


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