ESTABLISHED WITH THE PARTNERSHIP OF ERCIYAS-CIMTAS, “BLACKSTEEL” WILL INVEST IN TECHNOLOGY

Erciyas, one of the leading manufacturers of the global steel pipe and wagon sectors, and Çimtaş, a subsidiary of ENKA, a world-class engineering and construction company, launched Blacksteel Teknoloji Yatırımları A.Ş., which targets advanced technology investments. Blacksteel, where the partnership that started with the Hyperloop projects in 2022 has evolved into a high-tech investment platform, aims to make significant contributions to Turkey’s technological transformation.

Erciyas Tech Ventures Teknoloji Yatırımları A.Ş. Blacksteel, established by equal share partnership of Çimtaş İleri Teknoloji Çözümleri A.Ş. and Çimtaş İleri Teknoloji Çözümleri A.Ş., aims to make Turkey a global player in this field by focusing on the technologies of the future, especially Hyperloop technology.

Blacksteel will aim to develop new technologies with global innovation projects by combining the operational and production capabilities, R&D and P&D experiences, knowledge on technology investments and advanced engineering capacities of Çimtaş and Erciyas groups.

Among the main objectives of Blacksteel Teknoloji Yatırımları A.Ş.;

  • Global Innovation: Developing new technologies and contributing to the global innovation ecosystem.
  • High Technology Investments: Making long-term strategic investments in high-potential technology companies operating domestically and abroad.
  • Hyperloop Technology: In addition to being a manufacturer of Hyperloop pipelines and other components, being a pioneer in the development and production of Hyperloop technology, investing in R&D studies in this field, and bringing Turkey among the world leaders in this technology.
  • Creating Synergy: To make the most of the production capabilities and capacities of the partners by finding areas that will benefit significantly from their existing operations and making investments.