Latest news with #SteelDome
Yahoo
14-05-2025
- Business
- Yahoo
Super Micro Computer (NasdaqGS:SMCI) Sees 18% Stock Price Surge Over Last Week
Super Micro Computer recently announced its third-quarter earnings, showing sales growth but a decline in net income compared to the previous year. Following this, the company's stock price rose 18%, significantly outpacing the market's 4% increase over the same period. The confirmation of earnings guidance for the fourth quarter and a recent collaboration with SteelDome for virtualization and storage solutions likely added positive momentum, even though lowered annual revenue guidance might have otherwise tempered enthusiasm. These developments collectively contributed to a bullish sentiment around the company's stock, moving in tandem with market trends. Every company has risks, and we've spotted 4 weaknesses for Super Micro Computer (of which 1 can't be ignored!) you should know about. We've found 16 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Super Micro Computer's recent earnings announcement and strategic collaboration with SteelDome have certainly added momentum to its short-term stock performance. However, what stands out is the company's impressive long-term performance. Over the past five years, its total shareholder return soared over 1,400%, a very large increase signaling significant value creation for investors. In contrast, the stock underperformed the broader US market, which returned 11.6% over the last year, and the tech industry, which returned 11.4% in the same timeframe. The introduction of new AI platforms and expansion of global manufacturing facilities are critical to revenue growth and operational efficiency. These initiatives could drive Supermicro's anticipated revenue and profit margin increases, with analysts predicting earnings to reach US$3.7 billion by 2028. However, challenges such as delayed platform transitions and geopolitical uncertainties may affect these projections. The stock's recent rise brings it closer to the consensus price target of US$43.50, offering a potential discount, yet maintaining the need for careful analysis of future earnings potential and market conditions. Take a closer look at Super Micro Computer's potential here in our financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:SMCI. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
The National
06-04-2025
- Politics
- The National
Can Turkey's 'Steel Dome' deter Israel in Syria?
Unconfirmed news reports this week claim Israel's strikes on Syria's Tiyas airbase are an attempt to stop Turkey deploying air-defence systems to the site, to protect Syrian airspace. These systems are part of what Turkey calls its "Steel Dome" project, a layered air-defence system currently under development. There has been widespread speculation that Ankara and Damascus, which have re-established ties since the fall of Bashar Al Assad in December, are expanding military co-operation. Tiyas, better known as T4, was the largest airbase in Syria under the Assad regime and was frequently bombed by the Israelis, who claimed Iran was using the site to house drone operations and advisers co-ordinating weapons smuggling for Iran-backed groups such as Lebanon's Hezbollah. According to analysis by the Foundation for Defence of Democracies, a US think tank, Turkey could deploy its indigenous Hisar-O and Hisar-U medium-range air-defence systems, as well as the long-range Siper air-defence system, which can reportedly target enemy aircraft up to 200 kilometres away. Such a deployment could complicate continuing Israeli strikes against what it says are significant Assad-era arms stockpiles that could one day pose a strategic threat. Israel has hit suspected arms depots and bases in Syria hundreds of times since December. Like Israel, Nato member Turkey has an advanced home-grown defence industry and is a rising exporter of modern systems – a stark contrast to the ageing and mostly obsolete weapons of the former Syrian regime. Syria once boasted a dense air-defence network of Soviet (and later Russian) radar and missiles that western defence planners worried could disrupt a proposed 'no-fly zone' to halt Assad regime air attacks on civilian areas in the early years of the civil war that broke out in 2011. The no-fly zone never materialised, although there was a massive Nato strike on the Syrian regime in April 2018. Syria's air-defence network was instead rapidly degraded by the civil war and almost entirely destroyed in repeated Israeli raids, mostly aimed at intercepting Iranian arms supplies. Even augmented by powerful Russian-supplied S-300 systems, Syria's air-defence protection proved limited because the S-300s could not be used against the Israelis without Moscow's permission – something that is rumoured to have happened only once, in 2016. Israel proved its ability to seriously damage S-300s in Iran in air strikes in October, suggesting the system is highly vulnerable to Israeli weapons, which were never used against it in Syria. Russia pulled the S-300s out of Syria in 2022 to support its war in Ukraine. Turkey has far more modern systems, which could make the Israelis wary of conducting air operations, such as the Koral mobile electronic warfare system. According to Turkish analyst Ali Baker, the system proved effective in conflicts such as the Azerbaijan-Armenia war in 2020 and Turkey's deadly intervention against Syria the same year, by jamming enemy communications and radar, leaving ground forces at the mercy of a massed drone attack. Israel also possesses powerful electronic warfare capabilities and has pioneered tactics in battle, such as cyber-attacking Syria's air-defence network as long ago as 2007. With an eye on major air operations over Iran, Israel recently upgraded its fleet of F-16Is with a series of electronic warfare and early-warning additions and missile countermeasures. Israeli also possesses advanced pods that can be integrated on to numerous aircraft in its inventory, such as the F-15I and F-16I, including the Scorpius pod, which can rapidly detect and jam enemy radar signals using its Active Electronically Scanned Array (Aesa) radar. Aesa radar provide far more agility than conventional radar beams and can blast targeted pulses of energy to thwart enemy systems. They have become increasingly vital in modern warfare, being difficult to detect due to rapid frequency changing and possessing significant jamming power, and the ability to identify and track many targets at once. Despite rumoured Turkish deployments, there has been no mention of Ankara's lorry-mounted ALP-300G radar system, which entered production in 2024 and also comes with Aesa capability. Like the Koral, the ALP-300G is a mobile system that can be rapidly set up and moved, complicating Israeli targeting efforts. Paired with Turkey's Siper air-defence system, the ALP-300G could present the most serious threat to the Israeli air force for many decades. According to Turkish defence firms Aselsan and Roketsan, a Siper battery can fire 20 missiles in an engagement, simultaneously targeting 10 enemy aircraft. That could provide the system with the kind of missile saturation tactics used by Syria to shoot down an Israeli F-16I in 2018, but with more capable missiles. Together, these systems form part of Turkey's multi-layered Steel Dome, which is still in development, said to be inspired by Israel's own Iron Dome concept – although the Iron Dome covers only short-range threats. To counter such systems, Israel also has stealth aircraft, such as the F-35I that poses a major threat to Russian-designed systems, with many experts claiming it could perform well against the S-400, a capable system purchased by Turkey in 2017 and delivered in 2019. Some claim the system could be sent to Syria. Israel has also pioneered the use of air-launched ballistic missiles to defeat advanced systems like the S-300, taking advantage of the powerful thrust of the weapons combined with the speed and altitude of the launching aircraft, providing extremely high velocity and range. But while aeroballistic missiles have defeated S-300s in Iran, the tactic is untested against ground-based air-defence networks using Aesa radars. While the extent to which Turkey and Israel wish to avoid a major clash is unknown, both sides could harass and interfere with military operations through their advanced electronic warfare capabilities, and there is precedent for this in Syria. During US air operations in Syria against ISIS, US commanders said Russian forces frequently disrupted communications and air operations using an array of electronic warfare systems.
Al Jazeera
17-03-2025
- Business
- Al Jazeera
Turkiye's booming defence industry
Turkiye has always placed a premium on its defence, initially buying then developing its own weapons. The owner of NATO's second-largest standing army has also emerged as a notable weapons exporter, with some iconic products on the international market. Turkiye's exports increased year on year to reach $7.1bn in 2024 – from $1.9bn a decade prior – with customers across Europe and the Middle East. What's behind this growth? What are Turkiye's capabilities? And why is it important? Here's what we know: When did Turkiye move to domestic production? Turkiye has sought military self-sufficiency for a while, a gradual process that saw it establish the Defence Industry Development and Support Administration Office (SAGEB) in 1985. For years, SAGEB focused on international collaboration in research and development. But as Turkiye came up against restrictions on what weapons it could purchase and how it could use them, that switched to local production. In the 2010s, it switched focus to domestic design, resulting in a huge increase in domestic defence production. Today, thousands of Turkish defence manufacturers span land, air, and naval capabilities, which is being increasingly recognised internationally. Have you heard about Turkish drones? Perhaps the most famous Turkish unmanned aerial vehicle (UAV) is the iconic Bayraktar TB2, first deployed in 2014, one of the most widely purchased Turkish defence products. There are several others, however, including the medium-altitude long-endurance Anka-S, which has a payload of 200kg (441lb), and the Vestel Karayel tactical UAV with a 70kg (154lb) payload. The country is also working on its 'Steel Dome' (Celik Kubbe), described as a system that, augmented by AI, can identify and intercept any airborne threat. Additionally, work is ongoing on the first domestic fifth-generation fighter, the Turkish KAAN, which aims to replace aging American F-16s in the Turkish Air Force. What else is in Turkiye's catalogue? On the ground, Turkiye's armoured vehicle production is spearheaded by the Altay main battle tank, designed to rival Western models such as the German Leopard or the US Abrams. The army also has a mine-resistant vehicle, the Kirpi (Hedgehog), widely used in counterinsurgency operations, as well as modern infantry fighting vehicles like the FNSS Defence Systems' Kaplan and the Pars. There's also naval production, with MILGEM (Milli Gemi Projesi, or the National Ship Project), which was set up in 2004 to produce the next generation of Turkish naval class ships. MILGEM has produced state-of-the-art Ada-class corvettes and Istanbul-class frigates, with plans for more advanced warships and submarines. Most remarkable is the amphibious drone-carrying assault ship, the TCG Anadolu, the largest ship in the Turkish navy, which was deployed in 2023. Finally, there's a long list of smart munitions, air defence systems, and missiles, such as the Bora short-range ballistic missile and the long-range Atmaca (Hawk) missiles. Why the interest in arms manufacturing? Turkiye's push to develop military hardware can be said to be as much a result of outside forces as internal drivers. In the mid-1970s, the United States put an arms embargo on Turkiye over its military intervention in Cyprus. In the early 1990s, Germany instituted an export ban on arms to Turkiye, saying armoured cars it sold to Turkiye had been used domestically when the contract had specified they could only be used against an attack by a non-NATO state. Then in 2020, the US sanctioned Turkiye over its purchase of the Russian S-400 air defence system, by which time Turkiye was already established as an arms manufacturer. Today, there are about 3,000 weapons companies in Turkiye. So how much is Turkiye exporting? Exports have increased so they now comprise 1.7 percent of global arms exports, putting the country in 11th place for the period from 2020 to 2024 in the ranking of the world's defence exporters, according to the Stockholm International Peace Research Institute (SIPRI). According to monitors, during the last year, Turkiye's exports reached 178 countries, marking a 103 percent increase compared with 2015-2019. Its main customers in the 202-2024 period were the United Arab Emirates, Pakistan and Qatar, according to SIPRI. As for its most famous export, the Bayraktar medium-altitude long-endurance drone has reportedly been exported to at least 31 countries, including Iraq, Ukraine, Kenya, Bangladesh and Japan. Last year, its manufacturer Baykar announced the investment of $300m in developing its own jet engines, aiming to take on more component production and avoid international supply chain challenges. It aims to develop an in-house engine for its Akinci drone, then a turbofan engine for Kizilelma, an unmanned air-to-air combat vehicle that is under development. So far, both use Ukrainian engines.
Yahoo
12-03-2025
- Business
- Yahoo
New drone-destroying laser weapon with 1-mile-range tested for Turkey's ‘Steel Dome'
Turkish leading defense company Aselsan has successfully tested its GÖKBERK mobile anti-drone air defense weapon - which uses laser and electronic warfare (EW) to counter UAVs. The male Turkish name, can be roughly translated to "heavenly strength" or "sky defender." The system is designed to counter first-person-view (FPV) drones. The test verified GOKBERK's ability to track and destroy FPV threats automatically under various scenarios. The company added that this system will now play a 'critical role in [Turkey's] national air defense system, Steel Dome." The company 'continues to take important steps in the field of directed energy weapons, one of the new generation technologies. Previously proven effective against rotary- and fixed-wing kamikaze drones," the company continued. "GÖKBERK now showcased its advanced capabilities by detecting, autonomously tracking, and eliminating FPV drones across multiple test scenarios, demonstrating exceptional speed and precision in engagement,' they added. According to Aselsan, the system utilizes a combination of electronic warfare (EW) systems and high-energy lasers to either "soft kill" or "hard kill" targets. By all accounts, the system can tackle drones of various sizes from mini unmanned aerial vehicles (UAVs) to larger rotary- or fixed-wing kamikaze drones. According to Aselsan, GOKBERK unites the company's İHTAR platform and the laser weapon on a platform with 6x6 mobile deployment capability instead of a distributed architecture. "GÖKBERK uses an indigenous laser source with high beam quality for hard kill destruction of targets, while also providing soft kill destruction with an electronic jammer developed by ASELSAN. The system can perform precise tracking with various electro-optical systems on the guidance unit," the company explains. The system also uses artificial intelligence (AI) to provide unparalleled tracking and target identification. Aselsan explains that this helps the system knock out potential threats at unprecedented speed. According to some reports, the system can destroy quadcopter-like targets at around 0.93 miles (1,500 meters) and fixed-wing drones at around 0.75 miles (1,200 meters). It is also reported that the system can melt a 6 mm steel sheet at 0.37 miles (600 meters). The system can operate autonomously 24 hours a day, 7 days a week, and fire uninterruptedly for a long time. It creates maximum impact with minimum power and stands out as a cost-effective solution. The Steel Dome system, referred to by Aselsan, is part of Turkey's layered air defense system, which Turkish firms developed to protect air space against all threats. Similar in concept to Israel's Iron Dome system, the nation sees it as a vital defensive requirement as tensions rise in the region. 'The Steel Dome is very promising system. All nations want to have this kind of system,' Ahmet Akyol, president and CEO of Aselsan, told Breaking Defense last month. Aselsan 'can provide this solution for Turkey and allied countries right now," Akyol added. 'So in Turkey, this is in progress. Every year we are delivering new systems of the Steel Dome concept, which will benefit our region," he explained. The firm shared a video showing GÖKBERK's laser system, camera, and thermal camera mounted on a vehicle, eliminating multiple types of drones. "All major subcomponents of GÖKBERK have been designed and produced domestically, reinforcing [Turkey's] defense industry autonomy,' the company added. The firm added that the new system will be deployed to protect military bases, airports, power plants, and oil refineries. "With the data obtained from the firing tests and trials of GÖKBERK conducted under different weather conditions, improvement and development work on the system continues," the company added.
