DOF Robotics Files for IPO

DOF Robotics has applied to the Capital Markets Board (CMB) for an initial public offering (IPO) of its shares, led by Yatırım Finansman Menkul Değerler AŞ. Mustafa Mertcan, Chairman of the Board of Directors of DOF Robotics, stated, "We have submitted our application for the IPO in accordance with the regulations of the Capital Markets Board. We are very pleased to welcome our valuable investors as partners in our company. Creating value for all our stakeholders is our top priority."

DOF Robotics, with a wide product range from advanced technology, artificial intelligence, virtual and augmented reality to motion simulators, offers autonomous technologies to amusement parks and industrial sectors by developing high value-added robots and software. Founded in 2014 with 19 years of industry experience and certified by Turquality, DOF Robotics exports 90% of its autonomous technologies, developed under the brand "DOF Robotics," to over 60 countries across six continents, representing Turkey's success in technology on the global stage.

Mustafa Mertcan, Chairman of DOF Robotics, noted that 90% of their robot and software solutions, developed at their 4,000 m² factory in Yeşilköy Free Zone, reach over 60 countries, primarily including the USA and China. "We lead the industry by focusing on innovations in the global entertainment technology sector. In addition to our collaborations with well-known global brands like Universal Studios, Marvel, Warner Bros, and Transformers, we design special themed environments for popular brands such as Angry Birds, Monster Jam, and Smurfs. We have repeatedly won awards for innovation in highly prestigious expos like IAAPA and CES Las Vegas, which are considered the Oscars of the entertainment and technology industry. Recently, we have been honored with the 'Technology Fast 50™ Turkey Award' by Deloitte and the prestigious 'Deloitte Technology Export Award' given to the fastest-growing companies with a share of over 50% in net sales from exports."

Sharing the investment plans regarding the IPO proceeds, Mustafa Mertcan stated, "We will prioritize investments that will strengthen our financial structure to ensure the long-term growth of our company. We will increase our production capacity, expand our manufacturing facilities, and invest in new business areas. By investing in state-of-the-art machinery and equipment, we will enhance the efficiency of our production processes. Through our R&D efforts, we aim to develop innovative products in our sector and increase our competitive power. We also aim to achieve our growth targets and enhance our brand awareness by entering new markets. Additionally, we desire to empower our ecosystem by investing in young and dynamic companies in our industry. As an environmentally conscious company, we will invest in renewable resources such as solar energy, which will reduce both our energy costs and carbon footprint."