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A Rocketsan press release that came out right before the Turkish International Defence Industry Fair held May 9-12, 2017, revealed the company’s plan to develop an independently funded satellite launch vehicle (SLV). The SLV will be Turkey’s first domestically produced rocket and it will be capable of launching low-Earth-orbiting satellites to an altitude of 500–700 km.
The SLV development is still in the conceptual design phase, but is planned to have a liquid propulsion system and falls in line with the SLS project. The SLS project involves a three-fold plan, the first step of which is to develop an SLV for the Turkish government.
Even though the SLV development is a fully private venture by Rocketsan, it will be Turkey’s own vehicle to use for government missions. That being said, the SLS project has much bigger and ambitious goals that require two additional phases. The next steps of the project will be the establishment of both a Satellite Launch Centre and Remote Earth Stations.
There is a video animation at the link showing the launch of their imagined rocket. It is worth watching because its almost cartoon quality indicates how far they probably have to travel to make this project happen.