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President Joe Biden notes Kontrolmatik’s (IST:KONTR) Pomega investment in the U.S.

–News Direct–

During a recent speech in South Carolina, U.S. President Joe Biden emphasized the critical importance of increasing domestic production in the United States. He noted Kontrolmatik's (IST:KONTR) Pomega investment in the U.S., highlighting the need for local battery cell manufacturing, as it plays a crucial role in advancing the U.S. economy. Furthermore, the President underscored the indispensable role of battery technologies in driving the transition to clean energy, describing them as a 'gamechanger' in this endeavor.

Empowering Energy Storage: Pomega's Sustainable Solutions for a Greener Future

Kontrolmatik (IST:KONTR) stands at the forefront of green and sustainable technologies, making significant investments in Pomega Energy Storage Technologies and its gigawatt capacity plants in both Trkiye and the United States. These cutting-edge facilities will be dedicated to the production of lithium iron phosphate (LFP/LiFePO4) battery cells and energy storage systems. With a capacity of 3 GWh each, the gigafactories will not only enhance energy supply security but also enable the seamless integration of more renewable energy plants into national grids. The factory in Ankara, Trkiye, is set to open on August 29, 2023, with plans to transfer the accumulated knowledge and technological capabilities to establish a similar factory in South Carolina, United States.

Additionally, Kontrolmatik (IST:KONTR) holds a 50.1% ownership of Enwair, an R&D company specializing in anode and cathode material technologies for batteries, further contributing to Kontrolmatiks (IST:KONTR) and Pomegas electrochemistry R&D efforts.

The Journey of Kontrolmatik (IST:KONTR): From Vision to Global Market Player

Fifteen years ago, Kontrolmatik (IST:KONTR) began its journey as an ambitious engineering and entrepreneurial vision. Today, the company operates in 33 countries and has grown to become a prominent global market player in the dynamic fields of energy and technology. Kontrolmatik (IST:KONTR) offers comprehensive digital solutions covering software, hardware, and systems development and integration for various engineering applications, including energy generation, transmission, distribution, energy storage technologies, and internet of things (IoT) implementations. Listed on the Istanbul Stock Exchange since 2020, Kontrolmatik (IST:KONTR) ranks 28th among the world's largest system integrators.

Since its establishment in 2008, Kontrolmatik (IST:KONTR) has consistently enhanced its capabilities and embraced sustainable technology-oriented approaches in its offerings striving to contribute to a more livable and carbon-neutral world. With a strong focus on sustainability and technological advancements, Kontrolmatik (IST:KONTR) continually invests in research and development, resulting in competitive products and solutions. With a turnover exceeding USD 100 million and a capitalization exceeding USD 1.5 billion, Kontrolmatik (IST:KONTR) has established a solid foundation to realize ambitious growth plans across various sectors and geographies through its subsidiaries and affiliates.

Progresiva Energy Investments: Pioneering Energy Storage in Trkiye and Beyond

Progresiva Energy Investments, another subsidiary of Kontrolmatik (IST:KONTR), has secured a 20-year supply license for trading electrical energy and capacity in Turkey. Furthermore, it has obtained an energy generation pre-license for a 250 MW wind power plant with a 1 GWh lithium-ion energy storage facility, which will store energy from renewable sources and release it to the grid as needed. The facility will be remotely monitored and controlled 24/7, with fully integrated battery modules, inverters, and energy management systems. These investments will extend internationally contributing to energy security and adding value in various geographical locations.

Controlix: Empowering Sustainable Solutions with IoT and Advanced Sensors

Kontrolmatik's (IST:KONTR) IoT brand, Controlix, has successfully completed large-scale IoT projects and implemented the largest facility management IoT solution at Istanbul Airport. Controlix modules are equipped with advanced sensors for environmental monitoring, whereas its integrated platform collects and analyzes data from various sources. With over 40 sensors and products, along with proprietary cloud software, Controlix serves industrial facilities, power plants, transportation, and smart cities. It revolutionizes impact analysis management by offering low-carbon modules that operate independently of stable energy sources, empowering responsible production and consumption practices. Controlix covers a wide range of sustainability areas, including water and energy resource consumption tracking, waste management, air quality monitoring, forest fire detection, environmental conditions tracking, irrigation systems management, temperature and humidity monitoring, and real-time air quality monitoring stations.

Empowering Industries through Automation: Mcfly Robot Technologies' Collaborative Robot Arms

Mcfly Robot Technologies, another Kontrolmatik's (IST:KONTR) subsidiary, has gained expertise through the development of the first collaborative robot arm prototype and commenced other prototype production studies. These robot arms, designed to work in collaboration with workers, offer solutions ranging from small and medium-scale enterprises to large industrial facilities.

Unlocking the Potential of Space: Satellite Advancements with Plan-S

With a 25% stake in Plan-S, a New Space company, Kontrolmatik (IST:KONTR) has successfully designed, developed, tested, integrated, and qualified satellites for IoT technology demonstrations, earth observation, and tests. Plan-S plans to continue its R&D studies on satellite and satellite mission computers, communication subsystems, various payloads, modules, and ground segment terminals. The company has already launched three satellites into orbit through the Falcon 9 Transporter missions and established a new ground station in Trkiye. Future plans include additional ground stations in Trkiye and abroad. Plan-S aims to become Trkiye's leading R&D Center in space and satellite technologies, offering end-to-end turnkey solutions in the field.

Building a Sustainable Future for a Livable World: Kontrolmatik's (IST:KONTR) Commitment to R&D and Next-Generation Products

Kontrolmatik (IST:KONTR) remains committed to its future-oriented approach. The company will persist in completing international projects to generate profits and reinvest them in R&D for the development of next-generation products. With an unwavering focus on creating a sustainable, carbon-free, and livable future, Kontrolmatik (IST:KONTR) will continue to invest in subsidiaries and technologies aligned with future market trends. The energy sector will remain a key focus area, with decisive steps taken to provide carbon footprint-reducing solutions. Through long-term partnerships, Kontrolmatik (IST:KONTR) will further enhance business quality, sustainability, and corporate structure. It will expand its regional presence, actively follow international projects and collaborate with local institutions to consistently deliver end-to-end value-added services and products.

Discover captivating details within Kontrolmatik's (IST:KONTR) activity reports Activity Reports (kontrolmatik.com) and investor presentations Presentations (kontrolmatik.com)

About Kontrolmatik Technologies (IST: KONTR)

Since 2008, Kontrolmatik Technologies has been providing end-to-end digital solutions in the areas of energy generation and transmission, energy storage and Internet of Things (IoT), developing innovative and green technologies for a sustainable and carbon-neutral planet. Kontrolmatik's core business is brand-independent energy system integration and automation. To date, more than 300 projects have been implemented in over 30 countries, backed by supranational financial institutions like the World Bank, IFC, EBRD, etc. Kontrolmatik is listed on the Istanbul Stock Exchange (>$1.5 billion market capitalization).

Contact Details

Natalija Kostrikova

+90 536 599 05 77

[email protected]

Company Website

https://kontrolmatik.com/en/

View source version on newsdirect.com: https://newsdirect.com/news/president-joe-biden-notes-kontrolmatiks-ist-kontr-pomega-investment-in-the-u-s-803208850

Kontrolmatik Technologies

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