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DISPATCH 04/26 · 25 Oct 2026
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Company Dossier

STM

Turkish state-linked defense engineering prime making KARGU, ALPAGU and BOYGA loitering munitions/UAVs — plus a major naval business.

FILE · stmOpen-source file · BattlePolicy ProStatus Established / state-linked strategic referenceVerified
STM
Loitering Munitions / DronesCombat-fieldedTREstablished / state-linked strategic reference
Turkish state-linked defense engineering prime making KARGU, ALPAGU and BOYGA loitering munitions/UAVs — plus a major naval business.
Founded
1991
HQ
Ankara, Turkey
Headcount
Undisclosed
Total raised
State-linkedSSB ~34% + TSKGV ~32%
Valuation
Not applicable
Stage
Established / state-linked strategic reference
Restricted · BattlePolicy Pro

The rest of the STM file

  • ▸Background — founding, ownership and how the company got to here
  • ▸Financial footing — rounds, valuation, backers and who is exposed
  • ▸Customers & contracts — live join against our Procurement Tracker
  • ▸Leadership — who runs it, and the contact surface
  • ▸Competitive position — who it beats, who beats it, and on what
  • ▸Battlefield relevance — confirmed combat use versus company claim
  • ▸Sources — every citation this file is built on
  • ▸Analyst verdict — where the evidence is thin and what would change our call
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