PRENEU

About PRENEU

Based in Gyeonggi-do, South Korea, PRENEU operates as a manufacturer of unmanned aerial vehicles (UAVs) and develops proprietary software for flight control and system operations. The company was established in June 2017 with Jong Kyeong Lee serving as CEO. PRENEU entered the market with the launch of its drone brand, DRONEiT, combining original IoT sensor technology with aviation technology. The company has secured significant funding, including a Series B round of KRW 15 billion in March 2024 from investors such as T Investment, STIC Ventures, and BNK Securities, with plans for an IPO application in 2025.

PRENEU serves a diverse client base that spans the defense, public, and commercial sectors. The business model is centered on the manufacturing and sale of specialized drone hardware, alongside offering platform-based services and technical support. For the defense sector, its drones are utilized for missions including reconnaissance, surveillance, and logistics support. Public and commercial applications focus on enhancing safety and efficiency in areas like aerial mapping, infrastructure inspection, agriculture, and delivery services. PRENEU has participated in numerous government and military projects in Korea, supplying UAVs to the Air Force for base security and the Coast Guard for maritime patrols, as well as to commercial clients like Hyundai Heavy Industries and Dongwon Industries for tuna-spotting.

The company's product portfolio includes a range of multicopters, helicopters, and Vertical Take-Off and Landing (VTOL) fixed-wing drones. Key products include the 'MILVUS' VTOL fixed-wing UAV, used for long-range reconnaissance and mapping, and the 'RUEPEL' helicopter UAV, noted for its resistance to strong winds in mountainous and maritime environments. The 'PANDION' series consists of multi-rotor drones designed for various purposes, from surveillance to carrying small munitions. In addition to the aircraft, PRENEU develops and manufactures crucial components in-house, such as the 'D-DL' datalink system for transferring video and system data, and the 'D-FC' flight controller. The firm also offers the 'DRONEiT' service platform, which includes 'D-UTM' for managing multiple UAVs and 'D-HUB' for flight log analysis and fleet management.