ALUX is expected to benefit from the U.S. crackdown on Chinese drone makers.
The company is evolving into a mass-production drone manufacturer in the mid-to-long term, gradually expanding its portfolio. ALUX, a drone and robotics manufacturer, is accelerating its entry into the U.S. drone market.
As U.S. companies intensify efforts to distance themselves from Chinese suppliers, reports have emerged that local firms are engaging with ALUX to secure alternative drone solutions.
Since early this year, the U.S. Department of Commerce has been reviewing restrictions and potential bans on Chinese-made drones. According to local media such as the Washington Post, former President Trump is expected to sign an executive order this week restricting the sale of Chinese drones.
Amid these developments, U.S. companies are increasingly reaching out to ALUX, whose drone competitiveness is driven by its proprietary FC (Flight Controller) chip technology.
◇ Progress in U.S. Market Penetration
An ALUX official stated on the 4th, “Since 2023, we have been exporting drones to the U.S. through our agent Robolink. Initially, we supplied educational drones to a specific client via Robolink, and recently, that client expressed interest in expanding the drone product lineup.”
The official continued, “We can proceed with an ODM (Original Design Manufacturing) approach based on the client's requirements. Since the U.S.–China decoupling issue gained prominence, many local companies have shown strong interest in ALUX, a Korean alternative to Chinese suppliers.”
The company is planning related meetings later this month or in early July to proceed with the project.
In addition, there is the potential to secure new clients beyond the previously mentioned deal.
“Our products may be adopted by a particular U.S. state as part of efforts to phase out Chinese-made drones in law enforcement and surveillance operations,” said the official. “A meeting regarding this opportunity is scheduled for June.”
Interest in ALUX’s drones in the U.S. continues to rise, largely due to the company’s in-house development of both hardware and software, and its minimal reliance on Chinese components.
(Drone Capabilities of ALUX. Photo: Bookook Securities)
According to a March report by Bookook Securities, ALUX holds a strong advantage in the lightweight design of small drones, which is considered a key competitive factor. The company possesses core technologies such as FC (Flight Controller) chips, airframe design, wireless communication, and sensor fusion. These capabilities allow for customized solutions tailored to client needs, as well as scalable product line expansion. ALUX’s competitiveness is considered to rival that of Chinese drone giant DJI in the small drone segment.
Additionally, a February report by NH Investment & Securities states that ALUX’s drone export ratio surged from 2.5% in 2023 to 62.4% in 2024.
An ALUX representative noted, “90% of our drone exports are destined for the U.S.,” highlighting the company’s accelerated entry into the American drone market.
Evolving into a Mass-Production Drone Manufacturer
To meet rising demand, ALUX is steadily expanding its production capacity. While the company’s annual drone production capacity was 150,000 units last year, it has now scaled up to 500,000 units in 2024.
According to an ALUX official, “Our drone factory is structured to allow immediate production once orders are received.”
The company is also actively pursuing mergers and acquisitions to scale its business.
ALUX is considering the acquisition of smaller drone companies and is expanding through ODM and OEM strategies. In addition to short-term project-based deliveries, the company plans to establish a full-scale mass production system for drones.
With various drone parts manufacturing facilities in place, ALUX aims to become Korea’s leading drone company.
“There are currently no companies in Korea producing drones at large scale,” a representative said. “We plan to strategically invest the capital raised through our listing to change that.”
They added, “In the second half of this year, we plan to expand our commercial drone lineup. Until now, we’ve mainly focused on compact lightweight drones, but we intend to broaden the scope to include medium-sized, swarm, and reconnaissance drones.”
Meanwhile, the NH Investment & Securities report projects ALUX’s revenue to reach KRW 66.3 billion with KRW 7.6 billion in operating profit in 2024, and KRW 79.2 billion in revenue with KRW 10.9 billion in operating profit by 2026—significantly improved from the 2024 forecast of KRW 55.1 billion in revenue and KRW 3.1 billion in operating profit.
ALUX is expected to benefit from the U.S. crackdown on Chinese drone makers.
The company is evolving into a mass-production drone manufacturer in the mid-to-long term, gradually expanding its portfolio. ALUX, a drone and robotics manufacturer, is accelerating its entry into the U.S. drone market.
As U.S. companies intensify efforts to distance themselves from Chinese suppliers, reports have emerged that local firms are engaging with ALUX to secure alternative drone solutions.
Since early this year, the U.S. Department of Commerce has been reviewing restrictions and potential bans on Chinese-made drones. According to local media such as the Washington Post, former President Trump is expected to sign an executive order this week restricting the sale of Chinese drones.
Amid these developments, U.S. companies are increasingly reaching out to ALUX, whose drone competitiveness is driven by its proprietary FC (Flight Controller) chip technology.
◇ Progress in U.S. Market Penetration
An ALUX official stated on the 4th, “Since 2023, we have been exporting drones to the U.S. through our agent Robolink. Initially, we supplied educational drones to a specific client via Robolink, and recently, that client expressed interest in expanding the drone product lineup.”
The official continued, “We can proceed with an ODM (Original Design Manufacturing) approach based on the client's requirements. Since the U.S.–China decoupling issue gained prominence, many local companies have shown strong interest in ALUX, a Korean alternative to Chinese suppliers.”
The company is planning related meetings later this month or in early July to proceed with the project.
In addition, there is the potential to secure new clients beyond the previously mentioned deal.
“Our products may be adopted by a particular U.S. state as part of efforts to phase out Chinese-made drones in law enforcement and surveillance operations,” said the official. “A meeting regarding this opportunity is scheduled for June.”
Interest in ALUX’s drones in the U.S. continues to rise, largely due to the company’s in-house development of both hardware and software, and its minimal reliance on Chinese components.
(Drone Capabilities of ALUX. Photo: Bookook Securities)
According to a March report by Bookook Securities, ALUX holds a strong advantage in the lightweight design of small drones, which is considered a key competitive factor. The company possesses core technologies such as FC (Flight Controller) chips, airframe design, wireless communication, and sensor fusion. These capabilities allow for customized solutions tailored to client needs, as well as scalable product line expansion. ALUX’s competitiveness is considered to rival that of Chinese drone giant DJI in the small drone segment.
Additionally, a February report by NH Investment & Securities states that ALUX’s drone export ratio surged from 2.5% in 2023 to 62.4% in 2024.
An ALUX representative noted, “90% of our drone exports are destined for the U.S.,” highlighting the company’s accelerated entry into the American drone market.
Evolving into a Mass-Production Drone Manufacturer
To meet rising demand, ALUX is steadily expanding its production capacity. While the company’s annual drone production capacity was 150,000 units last year, it has now scaled up to 500,000 units in 2024.
According to an ALUX official, “Our drone factory is structured to allow immediate production once orders are received.”
The company is also actively pursuing mergers and acquisitions to scale its business.
ALUX is considering the acquisition of smaller drone companies and is expanding through ODM and OEM strategies. In addition to short-term project-based deliveries, the company plans to establish a full-scale mass production system for drones.
With various drone parts manufacturing facilities in place, ALUX aims to become Korea’s leading drone company.
“There are currently no companies in Korea producing drones at large scale,” a representative said. “We plan to strategically invest the capital raised through our listing to change that.”
They added, “In the second half of this year, we plan to expand our commercial drone lineup. Until now, we’ve mainly focused on compact lightweight drones, but we intend to broaden the scope to include medium-sized, swarm, and reconnaissance drones.”
Meanwhile, the NH Investment & Securities report projects ALUX’s revenue to reach KRW 66.3 billion with KRW 7.6 billion in operating profit in 2024, and KRW 79.2 billion in revenue with KRW 10.9 billion in operating profit by 2026—significantly improved from the 2024 forecast of KRW 55.1 billion in revenue and KRW 3.1 billion in operating profit.