Nano technology firm seeks investors for new projects
by Anadolu Agency
ANKARAJan 25, 2015 - 12:00 am GMT+3
by Anadolu Agency
Jan 25, 2015 12:00 am
Nanovak R&D, operating in Hacettepe Technopolis, is looking for investors to meet the demand from all over the world for its nanotechnology devices which are produced entirely with local opportunities and is worth millions of dollars.
Associate Professor Zafer Durusoy, a professor of physics at Hacettepe University and the chairman of the board at Nanovak R&D, said that they operate in the defense industry and nanotechnology with an R&D team of seven people. Saying that they produce and design space simulator systems, thin film coating devices, vacuum soldering systems and optical coating systems, Durusoy stated that they produce the product devices at a price which is two to three times cheaper than its competitors abroad.
Noting that Nanovak products are used in the defense industry, domestic appliances production, industry firms and research labs of reputable universities such as METU, Boğaziçi, Bilkent and Koç University, Durusoy also underscored that their technology can only be developed by Switzerland, Germany and Israel.
Durusoy said that they sell vacuum equipment to two firms in Europe regularly, they have installed two devices in Egypt National Research Center and received six system orders from the U.K., some of which have already been delivered.
Emphasizing that they have great demand from the world market as they produce 10 different devices for research centers much cheaper than their competitors, Durusoy said:
"We need investors as we have grown so much and we have great amount of demand. We receive orders from Jordan, Iraq and elsewhere. We do not have a chance to go these places. Our main market is Europe and USA and our purpose is here. We are looking for an investor who wants to make money from these technologies and is interested in the industry. We would like to do mass production establishing a production facility in organized industrial sites such as OSTİM and İvedik. There is no other firm that produces these devices at this price. We also have a flexible production technology. Turkey can start exportation and employ hundreds of people in this area. We increased our founding capital from TL 10.000 to $1 million in 2013 and I believe we can reach $10 million, as well. We do not attend the fairs abroad because we fear we cannot may not be able to meet the demand as we do not have enough power."