Pablo Air-Volk Merger: Drone & Robot Platform Company Born

# Pablo Air Completes Merger with Volk…Chairman Kim Young-joon Takes Office and Declares Global Leap Forward Pablo Air, a specialist in autonomous swarm control for unmanned mobile platforms, has laid the groundwork for a new leap forward through a successful merger with Volk, a specialist in defense manufacturing precision machining. Concurrently, CEO Kim Young-joon has taken office as the new Chairman, presenting the merged company's future vision. ## Merger Commemoration Vision Declaration Ceremony and Chairman Kim Young-joon's Inauguration Held The 'Pablo Air Merger Commemoration Vision Declaration Ceremony and Chairman Kim Young-joon's Inauguration,' held on the 26th at the Changwon Center, was grandly celebrated with the attendance of over 270 employees from the merged company. This merger is expected to be a turning point, combining Pablo Air's innovative technology with Volk's robust manufacturing capabilities, demonstrating a strong commitment to lead the global market in the fields of unmanned aerial vehicles (UAVs) and unmanned robots. ## Chairman Kim Young-joon: "Targeting 5 Trillion Won Corporate Value and US Stock Market Listing by 2030" In his inaugural address, Chairman Kim Young-joon reflected on Pablo Air's journey, starting with 3 people in 2018 and growing into a company with 150 employees and cumulative investments of 39 billion won within seven years. He then stated his ambition, saying, "Through this merger, over 270 employees will move forward with the goal of entering the global market in the fields of UAVs and unmanned robots." Chairman Kim particularly emphasized the synergy effects of the merger, explaining, "The combination of Pablo Air's AI and swarm flight control technology with Volk's precision machining technology has enabled us to establish UAV and unmanned robot platforms capable of mass production." This signifies not just a simple technological integration, but the securing of unique competitiveness across the entire process, from R&D to manufacturing and mass production. As for future plans, Chairman Kim presented the ambitious goals of "achieving a corporate value of 5 trillion won and listing on the US stock market by 2030," declaring that Pablo Air will grow into a global company recognized in the world market, beyond Korea. ## Strengthening Civilian and Defense Business Capabilities Through Organizational Restructuring Following the merger, Pablo Air completely reorganized its structure into Civilian Business Division and Defense Business Division, strengthening the expertise and capabilities of each business area. The **Civilian Business Division** will continue to pursue Pablo Air's existing core businesses: △drone light shows △AI swarm drone-based aircraft exterior inspection solutions △drone delivery services △UAM (Urban Air Mobility) solutions. Additionally, it plans to diversify its business by newly adding △semiconductor module equipment and automation line businesses. This strategy is interpreted as aiming to create new business models by applying AI and drone technologies, core technologies of the Fourth Industrial Revolution, to various industrial sectors. The **Defense Business Division** plans to focus on △mass production of swarm reconnaissance and kamikaze drone systems △expansion of defense combat system-related product lines, centered around the defense brand 'PabloM'. In particular, by continuing Volk's existing businesses, including △cabinets △control consoles △radar actuators △precision mechanical parts processing, it is expected to maximize synergy in the defense sector and secure a stable business foundation. This highlights Pablo Air's determination to strengthen its advanced defense industry capabilities based on UAVs, in line with the growth of the K-defense industry. ## Participation in ADEX 2025, Anticipating Unveiling of PabloM Defense Series Pablo Air will participate in 'ADEX 2025,' to be held at KINTEX from October 20th to 24th, where it will present its new vision and technological capabilities on its first official stage post-merger. At this event, Pablo Air plans to unveil the defense series of its defense brand 'PabloM' and UAVs currently under joint development with partners, aiming to attract the attention of domestic and international defense industry stakeholders. Through this merger, Pablo Air has been reborn as a truly specialized company for unmanned mobile platforms, possessing capabilities in R&D, manufacturing, and mass production. Under the leadership of Chairman Kim Young-joon, attention is drawn to whether Pablo Air can not only achieve its goals of reaching a corporate value of 5 trillion won and listing on the US stock market by 2030, but also establish itself as a leader in the global UAV and unmanned robot markets.