Infomark, a KOSDAQ-listed company, announced on the 22nd that it has signed a strategic business agreement with Toris Square, a leading company in anti-drone solutions. Toris Square owns the core technology of the 'Elijah Radar,' which can detect up to 13km.
The Elijah Radar is the world's first frequency-modulated continuous-wave (FMCW) based artificial intelligence (AI) AESA radar system developed purely with domestic technology. It has a track record of being deployed in the Army, Navy, and Air Force through the Defense Acquisition Program Administration's rapid demonstration acquisition project in 2021.
Through this agreement, Infomark plans to secure exclusive production rights for Toris Square's 'Elijah Radar Solution' and proceed with building a factory for mass production. According to the company, the 'Elijah Radar' produced by Infomark will be sold worldwide, including domestically through Toris Square.
An Infomark official stated, “While the radar from Israel’s top-rated company ‘R’ has a detection range of about 6km, Toris Square already supplied the military with radars having an 8km detection range in 2021. Currently, they have secured technology with a 13km detection range and have obtained the US military supply standards 810G and 461G, making overseas market entry advantageous.”
He added, “Infomark will collaborate with Toris Square to mass-produce the Elijah Radar Solution, which has global competitiveness. As drone technology advances worldwide and the anti-drone industry rapidly grows, both companies will swiftly develop their business and target related markets.”
The Elijah Radar applies its proprietary AI deep learning technology ‘GANs’ to identify and analyze objects. It can detect ultra-small drones at distances up to 13km, boasting the world’s best detection range and tracking maintenance performance. It also enables real-time simultaneous detection of large-scale swarm drones.
According to the global market research firm ‘Presidency Research,’ the global anti-drone market size is expected to grow from $1.79 billion (2.3 trillion KRW) in 2022 at an average annual growth rate of 28%, reaching $12.8 billion (16.8 trillion KRW) by 2030.
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