Kontrolmatik jumps after its unit signs production deal with US-based ONE

About this update from Kontrolmatik Teknoloji Enerji Ve Muhendislik As

** Shares in Kontrolmatik BIST:KONTR rise around 7% after its subsidiary Pomega signed a production agreement with U.S. battery producer Our Next Energy (ONE)** The Turkey-based engineering company says Pomega will manufacture lithium iron phosphate (LFP) battery cells developed by ONE** Brokerage Deniz Yatirim says this development is "positive in terms of the realisation of (Kontrolmatik's) future targets and supporting the revenue growth"** Kontrolmatik has set Pomega revenue targets of $105 million for 2025, $315 million for 2026 and $450 million for 2027, the brokerage notes** Kontrolmatik's stock is among top performers on Turkey's main BIST-100 index BIST:XU100

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