Add Advertisement

Mon Tue Wed Thu Fri Sat Sun
 
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 
 
 
 
Previous
Profile
Next
Profile

Awarded Wireless Wattozz Electroshock Gun will list on NASDAQ as a competitor of Taser Gun

03/19/2020
Awarded Wireless Wattozz Electroshock Gun will list on NASDAQ as a competitor of Taser Gun

Turkey’s Albayraklar Defense Technologies Industry Inc. will enter the American stock exchange. An agreement has been reached between Albayraklar Defense Company, which is affiliated with Albayraklar Holding, and U.S. Enerkon International Holding. According to the agreement, 20% of the shares of Albayraklar Defense Company will be transferred to Enerkon International Holding.

 

Albayraklar Holding stated that, besides the sale of shares, other important issues agreed upon between the parties were also determined. Accordingly, a company under the name of Wattozz will be established in the U.S. and 49% of the firm will belong to the Turkish side.

 

Wattozz will be traded under the Enerkon license with the WTTZ abbreviation code on the American Nasdaq stock exchange, which includes companies such as Apple and Tesla.

 

Wattozz, Albayraklar Defense EW Division plans the mass production, electric weapons factories to be established in Turkey and two in the United States.

 

Albayraklar Holding’s chairman Adnan Albayrak, CEO Sertan Ayçiçek and CEO of Enerkon Holding Benjamin Ballout stated that they are extremely happy about the acceptance of investment proposals and that joint decisions would be implemented as soon as possible.

 

Ballout emphasized that the steps they have taken will help to establish solid commercial relations between the U.S. and Turkey.

 

Mr. Adnan Albayrak comments “Awarded Wireless Wattozz Electroshock Gun will list on NASDAQ as a competitor of Taser Gun. This is really exciting for me. Also, we shall be second largest Turkısh company to be publicly listed following turkcell.

 

According to the statement, the remotely controllable wireless electroshock gun Wattozz, which is among the world-renowned products of Albayraklar Defense Company and has international technology awards, stands out along with the T61 weapon modification system, which eliminates the problem of kickback and recoil in all types of short or long-barreled rifles and pistols.

 

It was determined that the company will also produce sniper drone aircraft with three-axis firing capability which will operate in the U.S.

 

Mr. Adnan Albayrak comments “Awarded Wireless Wattozz Electroshock Gun will list on NASDAQ as a competitor of Taser Gun. This is really exciting for me. Also, we shall be second largest Turkısh company to be publicly listed following turkcell.

 

Albayraklar is one of the biggest famous holding group company in Turkey with more than 67 years leader ın varıous busıness sectors.

 

Main activities of the Albayraklar Group of Companies: Construction, City Cleaning and Solid Waste Management, Tourism, Fleet Car Rental, Transportation, Fuel Services, Renewable Energy, Defense and technology.

Date: 
03/19/2020
Countries: 
Sources of Information: 

Albayraklar Defense Technologies Industry Inc

Publish News & Press-Releases, Company Profile, Products and Services on ARMSCOM.net. Email to armscom.net@gmail.com.