South Korean startups accelerate entry into military UAV market
Channel: Main Battle Tank
Date: 2024-04-09

As the global military drone market experiences exponential growth, propelled by increasing demand for combat-ready unmanned aerial vehicles (UAVs) amidst geopolitical tensions, South Korean startups are seizing the opportunity to carve out a niche in this burgeoning sector. With the market projected to soar from $14.4 billion in 2023 to $35.6 billion by 2030, these innovative companies are swiftly diversifying and innovating to meet evolving defense needs.