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SBI Investment Portfolio Company PABLO AIR Grows into a Leading K-Defense Startup

  • PABLO AIR, an SBI Investment portfolio company specializing in swarm autonomous flight drones, is drawing industry attention after raising a cumulative KRW 107.5 billion, the largest publicly known amount among Korean defense and aerospace startups.
  • The company continues to raise capital amid a trend in which global defense majors' investments in startups have grown to about KRW 6 trillion this year. For example, a defense innovation fund formed by LIG D&A with the Military Mutual Aid Association and IBK Capital has invested a total of KRW 43.2 billion in 20 startups, including PABLO AIR.
  • By acquiring precision machining specialist ‘Volk,’ the company has secured Korea's only drone mass-production system and is extending its swarm autonomous flight technology into reconnaissance, strike and interceptor drones, growing into a leading K-defense startup with both manufacturing capability and technological strength.

The full article is available at the link below.

https://www.smedaily.co.kr/news/articleView.html?idxno=360849