I AM "Subsidiary Negotiates Anti-Drone Supply to Saudi Arabia... Leading the Global Market"

Following the Russia-Ukraine war and the recent Israel-Palestine conflict, drones have emerged as threatening offensive assets, and IM is set to expand its presence in the Saudi Arabia-centered global market.

IM announced on the 00th that its affiliate, Kaitus Technologies, is currently in negotiations to supply Anti-Drone Systems (ADS) to Saudi Arabia.

IM expects to secure the Saudi Arabian market for anti-drone systems together with Kaitus. Given that Saudi Arabia has experienced drone attacks on oil storage facilities, there is a high level of interest in anti-drone technology. Currently, cutting-edge anti-drone systems are being established to protect oil facilities, including primary detection, secondary hacking, and tertiary signal jamming.

Kaitus is the official reseller of Fortem Technologies (hereafter Fortem), a U.S. company that has developed an anti-drone system capable of detecting, identifying, and neutralizing unidentified hostile drones that invade airspace. Fortem possesses anti-drone technology based on deep learning AI radar using the 'Micro-Doppler' method and an accumulated 'AI library.' It enables 24-hour unmanned automated detection, interpretation, and capture of hostile drones, having been active in conflicts such as the Russia-Ukraine war.

Additionally, in May, Kaitus, along with John M. Kerry, Chief Sales Officer (CSO), visited Saudi Arabia to showcase Fortem’s technology for the first time. They were invited to the 'Interpol Law Enforcement Forum' held at Nayef Arab National Security Science University (NAUSS) in Riyadh, the capital of Saudi Arabia. NAUSS is an academic institution directly under the Arab Interior Ministers Council and a security expert training institution aimed at strengthening cooperation among Arab countries.

A company official stated, “Saudi high-ranking officials showed great interest in Fortem’s technology,” adding, “Kaitus is currently in the supply negotiation stage with Saudi institutions for ADS, and the export process will proceed by signing contracts with corporations designated by local institutions.”

Meanwhile, on the 22nd, during a state visit to Saudi Arabia, President Yoon Suk-yeol met with Khalid bin Salman Al Saud, Minister of Defense, and Abdullah bin Bandar Al Saud, Minister of National Guard, to discuss strengthening Korea-Saudi defense cooperation and defense industry collaboration. It is known to be in the final negotiation stage for large-scale defense cooperation in various fields, including air defense systems and firepower weapons.

This content was produced with the assistance of AI translation services.