Humantechnology Accelerates Entry into Indian Anti-Drone Market... "Green Light for Global Expansion"

On October 20, Humantechnology announced that it had signed a strategic memorandum of understanding (MOU) for cooperation in entering the Indian anti-drone market with an IT company listed on the Indian stock exchange. The Indian company, which is part of a group with multiple subsidiaries, will collaborate with Humantechnology through its defense industry-focused subsidiary to target the local market.

Currently, India is actively promoting the localization and domestic production of its defense industry through its 'Make in India' and 'Atmanirbhar Bharat (Self-Reliant India)' policies. According to the Korea Trade-Investment Promotion Agency (KOTRA), market research firm Mordor Intelligence has projected that the size of India's defense market will reach 18.4 billion US dollars in 2025, and is expected to grow at an annual rate of 5.79 percent to reach 24.3 billion US dollars by 2030.

In fact, the Indian government has been steadily increasing its defense budget, setting this year's and next year's defense budgets at 81.8 billion US dollars, a 9.53 percent increase from the previous year. This move is aimed at strengthening defense capabilities and responding to security threats, including border disputes with China and Pakistan. Amid these circumstances, interest in drone defense has surged, with a recent Indian anti-drone startup attracting 100 million US dollars in investment from global investors.

Humantechnology plans to maximize business synergy in targeting the local anti-drone market by leveraging the strengths of both companies in line with the Indian government's policy direction. In particular, the strategy is to establish a local production system through technology transfer and cooperation, and to jointly pursue expansion not only in India but also globally.

Although detailed terms of the agreement have not been disclosed due to a non-disclosure agreement (NDA), the group chairman personally visited Humantechnology's headquarters to discuss various avenues of cooperation, demonstrating a strong commitment to collaboration. Humantechnology is scheduled to visit the defense industry division's factory of the Indian company soon to discuss technical cooperation and strategies for bidding on local military development projects, among other additional meetings.

A Humantechnology representative stated, "Due to changes in the international situation, interest in drone defense is higher than ever worldwide," adding, "We will maintain a close cooperative relationship with the Indian company with which we have signed this agreement, and successfully establish ourselves in the local market."

He continued, "In particular, our wholly owned subsidiary HumanAgos provides total solutions for anti-drone defense based on its own technology, and is attracting significant attention both domestically and abroad. Humantechnology and HumanAgos will continue to grow as leading domestic anti-drone solution providers recognized in the global market."

Meanwhile, the National Assembly has recently pointed out the need for special measures to prevent frequent illegal drone flights around nuclear power plants, which are designated as national security facilities. According to data submitted by the Nuclear Safety and Security Commission, there were a total of 699 cases of illegal drone detections near nuclear power plants from 2021 to August this year, with approximately 40.6 percent of the operators remaining unidentified.

Currently, there are 21 nuclear reactors in operation across five main complexes in Korea: Kori, Hanbit, Wolsong, Hanul, and Saeul. In order to block illegal drones, response systems such as RF scanners and portable jammers have been installed, starting with the Kori Nuclear Power Plant. However, there is a severe shortage of related equipment at each plant, and there is an urgent need to establish an integrated surveillance and interception system that combines radar, EO/IR cameras, and jammers.