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Turkish satellite firm eyes $400M valuation in funding debut

Plan-S to raise up to $40 million in first investment round

Bloomberg NewsbyBloomberg News
August 13, 2024
in Investments, News
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Plan-S, the satellite and space technology unit of Turkey’s Kontrolmatik Enerji Ve Muhendislik AS, is launching an equity funding round that would value the company at $400 million. The single-asset fund, offered by the investment arm of state-run Ziraat Bank, aims to raise as much as $40 million from institutional and individual investors in Turkey […]

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