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Banseog note · 2026-10-25
Taking autonomous flight learned in wind turbine inspection to defense drones
Transition — The center of gravity is shifting from industrial inspection drones to defense drones, and production is scaling up with the listing
- Revenue for the first half of 2026 was KRW 17.4 billion, about seven times that of a year earlier, with defense accounting for about 86%. In the second quarter alone, revenue was KRW 16.9 billion and operating profit KRW 500 million, the company's first quarterly operating profit since its founding.
- The company says it has inspected more than 100,000 wind turbine blades in over 40 countries with autonomous flying drones, with a mission success rate above 99%.
- Defense orders include supplying the swarm drone 'XAiDEN' to the UAE for about USD 10 million (about KRW 15 billion) and the large-drone counter system 'KAiDEN' to Singapore for about KRW 2 billion.
Decisions within a year
- KOSDAQ listing It listed on KOSDAQ on August 24, 2026, with an offering of 910,000 shares. It said it would use the proceeds for building production facilities, R&D and expanding its global business.
- Vietnam cooperation On August 21, 2026, in Hanoi, it signed an MOU in drones and counter-drones with the Center for Science and Technology Enterprise Development (TSC) under Vietnam's Ministry of Science and Technology. The MOU covers joint R&D, a local production and operation system, and training and maintenance support; the company is considering moving into a local R&D center and agreed to hold a KAiDEN demonstration in Hanoi in October.
- Defense drone system integration: In June 2026 it said it is pursuing defense system integration that combines the interceptor drone KAiDEN and the swarm strike drone XAiDEN so that multiple drones are operated as a single system. XAiDEN is designed to let one pilot operate up to 10 units at once.
People they will look for
- Autonomous flight and swarm control software engineer — integrating interceptor and swarm drones into a single system is the core task
- Drone production and quality manager — at the stage of building production facilities with IPO proceeds and increasing defense deliveries, the company needs someone to set up mass production processes and quality systems
- Overseas defense business development lead — with orders in the Middle East and Southeast Asia and the Vietnam cooperation continuing, the company needs someone to drive business with government and military customers
For hiring managers
People with autonomous flight and embedded software skills and defense business experience are sought by Korea's large defense companies and drone startups alike. With listing proceeds going into production and research staff, now is the time to bring in key engineers and production leaders.
For job seekers
Experience in autonomous flight software for drones or unmanned systems, quality management for defense deliveries, or business development with overseas government customers is what this company values most right now.
An analysis written from public sources. Sources: Edaily 2026-08-06 (H1 and Q2 results, defense share, orders, number of offered shares), Daily Hankook 2026-08-06 (Q2 preliminary results, UAE and Singapore supply, use of proceeds), Aju Business Daily 2026-08-06 (August 24 listing, 40 countries, 100,000 blades), Asia Economy 2026-08-06 (KAiDEN and XAiDEN), ZDNet Korea 2026-08-26 (Vietnam TSC MOU), ZDNet Korea 2026-06-23 (system integration plan).
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