Türkiye announces $2B investment in space and high-tech industries

Türkiye is set to unveil a $2 billion high-tech investment package next month, which includes its ambitious goal of reaching the Moon with a domestically designed and manufactured spacecraft, according to Minister of Industry and Technology Mehmet Fatih Kacir.

Türkiye aims to reach moon with its own rocket

Speaking about Türkiye’s lunar program, Kacir stated that the country plans to send a spacecraft to the Moon using a vehicle entirely designed, produced, and launched domestically. He emphasized the importance of joining the renewed global space race, in which countries like the U.S. and China are actively participating.

“Türkiye is among the four most advanced countries in the world in hybrid rocket motor technology. If we manage to prove this technology in space, we can develop and produce new vehicles in Türkiye that will be used for inter-orbital satellite transfers,” he said.

He also highlighted the growing global space economy, which is projected to reach $1 trillion, stressing that Türkiye must take strategic steps now to secure a larger share of the industry.

Hybrid rocket motor successfully tested

Kacir confirmed that Türkiye has completed all tests for its hybrid rocket motor technology and is now in the production phase. “We are moving swiftly to complete manufacturing and launch it into space,” he said.

He also revealed that the initial step of the Moon project will involve launching a satellite into lunar orbit. The satellite will gather and transmit data to Earth while performing a soft landing rehearsal.

Türkiye previously demonstrated its capability with the successful management of post-launch orbital operations and inter-orbital transfers for TURKSAT 6A. “We are now even more prepared for the Moon Program than we were before,” Kacir added.

$2B high-tech investment to be announced

The minister also stated that Türkiye is accelerating investments in high-tech industries. The government is set to announce a $2 billion investment package next month, with a focus on industrial robotics, biotechnology, semiconductor production, and renewable energy technologies such as solar panels and wind turbines.

“Türkiye has already attracted nearly $7 billion in new investments. This year, we will continue to rapidly introduce high-tech investments,” he said.

Türkiye has been the fastest-growing industrial producer among OECD countries over the last 22 years. “In 2025, we aim to significantly increase our high-tech production and export capacity,” Kacir said.

Türkiye secures major investments in electric vehicle production

Kacir also confirmed that Türkiye has successfully attracted new investments from major electric vehicle manufacturers, including BYD. He stated that production is expected to begin in 2026 and emphasized that the country remains committed to drawing more automotive investments.

He noted that negotiations are ongoing with other global automotive brands, including Chery, and that the priority is to ensure that these investments contribute to Türkiye’s research and development capabilities.

“If these investments go elsewhere, we will be competing with cars manufactured abroad but sold in Türkiye. We want leading tech brands to choose Türkiye as their manufacturing hub and conduct R&D and exports from here,” he said.