[Featured Stock] NeonTech, Musk to Fully Replace US Defense Department Fighter Jets with Drones... National Projects and Patent Registrations Increase

NeonTech is showing strong performance. This is interpreted as being influenced by Elon Musk, CEO of Tesla, who was nominated as the head of the U.S. Department of Government Efficiency (DOGE) under the second Trump administration, stating that American fighter jets should be converted into drones.

As of 2:15 PM on the 26th, NeonTech is trading at 2,265 KRW, up 9.69% compared to the previous day.

On the 25th (local time), Musk criticized the F-35 on his social media platform X (formerly Twitter), saying, "There were too many requirements to meet," adding, "As a result, the F-35 became an expensive and complex aircraft, but it cannot excel at anything despite doing everything." He also stated, "Manned fighter jets are useless in the drone era anyway," and added, "(Manned fighter jets) only serve to kill pilots."

On the 24th, Musk also wrote on X, "Some fools are still making manned fighter jets like the F-35." This was in response to a retweet by an X user of a video showing drones flying in formation at an airshow held in China.

Meanwhile, NeonTech's drone business division has continued research and development to improve the precision of target location and succeeded in patent registration last year. On the 13th, it announced participation in a national unmanned aerial vehicle research and development project led by the Korea Institute for Advancement of Technology. The project is worth approximately 5 billion KRW and will continue until 2027.