Nearthlab Signs $10M Counter-Drone Export Deal, Plans Defense IPO
| Seoul Economic Daily
Nearthlab counter-drone Kaiden export IPO startup Middle East Malaysia
Counter-drone startup Nearthlab signed a $10M export contract with a Middle Eastern country for its "Kaiden" autonomous interceptor drone, and secured a separate export deal with a Southeast Asian nation. The company is planning the first defense-sector drone IPO in South Korea, and signed an MOU with Malaysia's AIROD for MRO cooperation.