Huneed Technologies

KOSME

Intosky

Korea Institute of Aviation Safety Technology

Behi Investment

BNK Venture Capital

KTB Network

Lotte Ventures

Shinhan Venture Investment

Pablo Air

Mobiation, which operates an urban air traffic service platform, has attracted pre-A investment from 500 Global. Mobiation is a company founded in November 2021 by CEO Shin Min from Morgan Stanley's New York headquarters, and has been developing an urban aviation platform for the past 2 years. As a step before commercialization of electric vertical take-off and landing vehicles (eVTOL) around the world, operating flight services using helicopters is becoming a trend...

Urban air traffic service platform operator 'Mobiation' attracts pre-A investment from 500 Global

A South Korean drone company has secured a major investment ahead of its planned initial public offering (IPO) in the second half of next year, it announced on Friday.

Pablo Air Raises $15.5 Million in Pre-IPO Funding

Volatus Infrastructure, LLC has signed a memorandum of understanding (MOU) with the Korean technology company, WEFLO, to assist with service and maintenance programs for electric vertical take-off and landing (eVTOL) aircraft.

Volatus Infrastructure, LLC has signed a memorandum of understanding (MOU) with the Korean technology company, WEFLO

A South Korean company has teamed up with a German firm to market persistent surveillance systems for submarines and surface vessels in the Asia-Pacific region, a company representative told Janes.

Hensoldt partners with South Korea's LIG Nex1 to market persistent surveillance systems

South Korean ammunition firm Poongsan has unveiled a 127 mm gun-launched, extended-range guided munition for naval applications at the MADEX 2023 exhibition in Busan.

South Korean ammunition firm Poongsan unveils extended-range guided munition

Israel is developing a compact radar that will convert ship-based vertical take-off and landing (VTOL) unmanned aerial vehicles (UAVs) into more capable maritime surveillance platforms.

Israel Aerospace Industries (IAI) developing maritime patrol radar for VTOL UAVs

weflo Inc. have raised a Seed funding round from Bass Investment, Kakao Ventures, Lotte Ventures. Hiring is expected as they use the funding to support their growth.

weflo Inc. closes Seed funding round

A consortium formed by South Korean private equity fund STIC Investments and Hana Daetoo Securities was picked as the preferred bidder to acquire a 49 percent stake in unlisted...

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