SonyD is gaining strength amid news of a sharp increase in deaths related to mines in Ukraine. This is interpreted as highlighting the joint production of mine clearance equipment with Poland.
As of 9:27 a.m. on the 3rd, SonyD was trading at 2,530 won, up 55 won (2.22%) from the previous trading day.
According to the Ukrainian General Staff on the previous day, numerous civilians have died due to the Russia-Ukraine war. It is estimated that about one-third of Ukraine's territory, approximately 174,000 km², contains mines or explosive remnants of war.
Ukrainian Prime Minister Denys Shmyhal predicted in September that it would take decades or even hundreds of years to remove them. The removal cost was estimated to be a staggering 37 billion dollars (about 49.7 trillion won). In August, former Defense Minister Oleksii Reznikov also said, "Ukraine is the most heavily mined country in the world," adding, "There is a severe shortage of military personnel and equipment to remove them."
According to the Kiel Institute for the World Economy in Germany, since the Russia-Ukraine war, Poland has provided about 61 trillion won worth of military and financial support to Ukraine until July. Additionally, Poland signed a Framework Agreement worth about 60 trillion won with South Korean defense companies last year, and the second phase of defense exports is expected to exceed 30 trillion won.
Earlier, President Yoon Suk-yeol agreed to continue cooperation with Poland on Ukraine's reconstruction. In particular, following a summit with President Volodymyr Zelenskyy, they decided to expand support for mine detection and removal equipment for Ukraine.
Meanwhile, SonyD's subsidiary Defense Korea has collaborated with Poland's state-owned company PIAP (Przemysłowy Instytut Automatyki i Pomiar?w) to jointly develop mine clearance robots and explosive detectors.
The company's explosive detection and mine clearance robots are equipped with the world's first 99% recoilless explosive disposal equipment and non-contact explosive detection devices applying optical nano-optical sensor technology.
These products meet the specifications for external bids from the Defense Acquisition Program Administration of the Ministry of National Defense and have been supplied to global security equipment companies. They are also reportedly in export negotiations with governments and companies in Poland, France, the UAE, Saudi Arabia, Japan, and India.
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