“Managing Director Simon Angel is delighted to announce that Turkish defence conglomerate Samsun Yurt Defense (SYS) has completed an 80% investment into AEI Systems. SYS, owner of the CANiK pistol brand, already produce their own version of the 12.7mm M2HB as well as being in the process of developing their own range of Remote Weapon Stations under their Unirobotics brand and their investment in AEI is an investment into medium calibre gun technology. For AEI the result will be a much strengthened financial base to allow for the investment into the development of existing and future products.

To all our customers, suppliers and associated companies we wish to state that there will be no change to our existing contractual terms and relationships and we look forward to continue working with you all and your continued support in the future.”