Pocheon-si and NeonTech Co., Ltd. Sign Agreement for Defense Drone Industry Development

Pocheon City, Gyeonggi Province (Mayor Baek Young-hyun) announced on the 26th that it signed a business agreement with NeonTech Co., Ltd., a leading domestic defense drone manufacturer, on the 24th to promote the development of the defense unmanned aerial vehicle (UAV) industry.

Baek Young-hyun, Mayor of Pocheon City, is taking a commemorative photo after signing a business agreement with NeonTech Co., Ltd., a leading domestic defense drone manufacturer, on the 24th for the development of the defense unmanned aerial vehicle industry. Provided by Pocheon City

The agreement followed the ‘Drone Force Modernization Development Seminar’ jointly hosted by Pocheon City and the Drone Operations Command in 2023, where many companies showed interest in Pocheon’s plans to foster the advanced drone industry, leading to ongoing discussions.

Pocheon City and NeonTech Co., Ltd. negotiated drone industry promotion strategies and collaboration plans, signing the agreement based on mutual cooperation for the development of the defense UAV industry and the establishment of an opportunity development special zone. The signing ceremony took place at NeonTech’s headquarters.

Hwang Seong-il, Chairman of NeonTech, stated, “Pocheon has the optimal regional conditions and strong will to foster the drone industry. We hope this cooperation will lead to a new leap forward for the domestic drone industry.”

Mayor Baek Young-hyun of Pocheon said, “At a time when the importance of drones is being highlighted worldwide, we are grateful to NeonTech for cooperating in the localization of drone parts and industrial development at the national level,” adding, “Pocheon will continue to do its best for mutual growth with domestic drone companies, including NeonTech.”

This year, Pocheon City completed planning research on support measures for the Civil-Military Advanced Drone Test Evaluation Support Center, the Civil-Government-Military Advanced Drone Comprehensive Training Center, and the Urban Air Mobility (AAM) project. Next year, it plans to focus on rapid project implementation, including land acquisition. Additionally, administrative efforts will be concentrated on producing tangible results by preparing specialized strategies for the development of the drone leisure industry.

Meanwhile, NeonTech Co., Ltd., established in 2000 and listed on KOSDAQ in 2020, possesses outstanding technology and capital in the semiconductor equipment and automation parts sectors. Since establishing its Drone Business Division in 2016, it has gained attention through continuous technological development and investment in industrial drones and defense UAV fields.

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