Baykar officially completed Piaggio Aerospace’s purchasing process with a signing ceremony held in Italy today.
According to a statement from Baykar, the process of the Italian Enterprises and Made in Italy’s approval on December 27, 2024, the Italian Prime Minister’s Office “Golden Power” regulation ended with approval.
The ceremony in Italy was held in Italy’s businesses and Made in Italy Minister Adolfo Urso, Baykar General Manager Haluk Bayraktar, Piaggio Aerospace responsible for extraordinary commissioners Carmelo Cosentino, Vincenzo Nicastro and Gianpaolo Davide Rossetti.
The transfer is seen as the beginning of a new era in Italy that will carry Piaggio Aerospace’s 140 -year heritage to the future.
Adolfo Urso, who included his views in the statement, mentioned the importance of the agreement for Italy and said that this operation protected Italy’s strategic industrial existence.
“Thanks to the solid industrial plan created, Piaggio Aerospace will rise to a leading position in the sector with the strengthening of new investments and local expertise. This process has been able to maintain industrial sovereignty with its extraordinary administration and Golden Power vehicles.” He said.
Haluk Bayraktar said that they aim to revive Piaggio Aerospace with a bold vision that strengthened the fundamental tradition of the company. evaluated.
– “Our goal is to revive this historical brand”
Baykar Chairman and Technology Leader Selçuk Bayraktar said that they are honored to be responsible for the future of a company with Italy’s Innovation and Engineering perfection, such as Piaggio Aerospace.
Bayraktar emphasized that their goals are to increase the production of P.180 Avanti Evo by investing in civil aviation capabilities, to strengthen the role of perfection in Europe and to revive this historical brand.
“We are determined to deepen long -term growth, high -quality employment and industrial cooperation between Turkey and Italy. We will strengthen it with its spirit. “
The extraordinary commissioners who have managed the company for a while described the transfer as “a historical moment for the rebirth of one of the oldest names of Italian aviation”. It was emphasized that the agreement will provide significant contributions to the strengthening of the Italian and European Aviation-Space Ecosystem as well as providing industrial and employment continuity in the region. It was stated that the transition process was successfully completed by continuing uninterrupted activities without the company’s bank loan or state support.
This purchase is an important part of Baykar’s wider industrial cooperation between Türkiye and Italy, especially Turkey and Italy, especially with Leonardo. Baykar aims to stabilize the company and make the necessary strategic investments to grow by preparing a comprehensive industrial plan for Piaggio Aerospace in the new era.
– It is aimed to further strengthen the strategic role of Piaggio Aerospace in the European Industrial Ecosystem
The main objectives of the development plan include legendary P.180 Avanti Evo aircraft renewed to the global market with the renewed technological capabilities. In addition, Baykar’s Bayraktar Akıncı and Bayraktar TB2 SİHAs to meet the global market demand for the Piaggio facilities to meet the production of plane and a European -wide perfection center is aimed to establish a center of perfection. Thus, it is aimed to protect the historical heritage of Piaggio Aerospace and to further strengthen the company’s strategic role in the European Industrial Ecosystem.
Baykar, which has been carrying out all its projects with its own resources since the beginning, has achieved 83 percent of its revenues from the beginning of the UAV R & D process in 2003 from export. Baykar, which exports $ 1.8 billion in 2023, was among the top 10 companies to export in all sectors in Türkiye. Baykar, the largest company of the world’s unmanned aerial vehicle export market, continued its global success in 2024 and achieved 90 percent of its income from exports and realized $ 1.8 billion exports.
Baykar received the most export champions award by entering the top 10 companies in all sectors in Türkiye in 2023 and 2024 and became the export leader of the defense and aviation sector according to the data of the Presidential Defense Industry and Turkey Exporters Assembly in 2021, 2022, 2023 and 2024.
Baykar, who made one -third of the sector exports in 2023, realized one quarter of the total exports of the defense and aviation sector in 2024 and brought Türkiye to the leading position in the global SİHA export market. Baykar, the world’s largest unmanned aircraft company, has signed a export agreement with 35 countries for Bayraktar TB2 SİHA and Bayraktar Akıncı Tiha so far with 15 countries.
