ALUX's Exports to the U.S. and Japan Surpass $5 Million for the First Time
A Korean drone startup is ramping up its efforts to penetrate the U.S. market, citing increased maneuvering room as the U.S. tightens regulations on Chinese drones.
Drone company ALUX announced on the 18th that its cumulative export contracts to the U.S. and Japan have surpassed $5 million (approximately KRW 7 billion), with total overseas drone sales exceeding 150,000 units. A company representative stated, “Due to ongoing U.S.-China tensions, there is growing interest in Korean drones as an alternative to Chinese products in the U.S. market.” To accelerate its expansion into the U.S., ALUX has formed dedicated task forces (TFs) for each product line.
Another drone startup, Nearthlab, reported that it was contacted by the U.S. fire department regarding the purchase of alternative drones, as Chinese-made drones can no longer be used. In response, Nearthlab developed products without Chinese components to comply with the U.S. National Defense Authorization Act (NDAA) standards.
The company also developed anti-drone systems (drones that intercept other drones) tailored to U.S. military specifications. Meanwhile, Narma, another Korean firm, established a U.S. subsidiary last July in Corpus Christi, Texas, a designated Federal Aviation Administration (FAA) testing site.
As the U.S. enacts multiple restrictions on Chinese drones, which currently account for 90% of the commercial drone market, Korean drone companies are seeing new opportunities. The global drone market leader is currently China’s DJI (Da-Jiang Innovations). The U.S. House of Representatives recently passed a bill banning the use of DJI drones within the country.
— Reporter Ko Eun-i (koko@hankyung.com)
Source: Hankyung Article
ALUX's Exports to the U.S. and Japan Surpass $5 Million for the First Time
A Korean drone startup is ramping up its efforts to penetrate the U.S. market, citing increased maneuvering room as the U.S. tightens regulations on Chinese drones.
Drone company ALUX announced on the 18th that its cumulative export contracts to the U.S. and Japan have surpassed $5 million (approximately KRW 7 billion), with total overseas drone sales exceeding 150,000 units. A company representative stated, “Due to ongoing U.S.-China tensions, there is growing interest in Korean drones as an alternative to Chinese products in the U.S. market.” To accelerate its expansion into the U.S., ALUX has formed dedicated task forces (TFs) for each product line.
Another drone startup, Nearthlab, reported that it was contacted by the U.S. fire department regarding the purchase of alternative drones, as Chinese-made drones can no longer be used. In response, Nearthlab developed products without Chinese components to comply with the U.S. National Defense Authorization Act (NDAA) standards.
The company also developed anti-drone systems (drones that intercept other drones) tailored to U.S. military specifications. Meanwhile, Narma, another Korean firm, established a U.S. subsidiary last July in Corpus Christi, Texas, a designated Federal Aviation Administration (FAA) testing site.
As the U.S. enacts multiple restrictions on Chinese drones, which currently account for 90% of the commercial drone market, Korean drone companies are seeing new opportunities. The global drone market leader is currently China’s DJI (Da-Jiang Innovations). The U.S. House of Representatives recently passed a bill banning the use of DJI drones within the country.
— Reporter Ko Eun-i (koko@hankyung.com)
Source: Hankyung Article