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Ison takes over Jinheung Tech, a company specializes in drone charging solutions

2020.03.09 14:13
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Ison (CEO Kim Eung-wook)
announced on the 19th that it has acquired Jinheung Tech, a company that
specializes in drone charging solutions.

Ison is a company that recently applied for a patent for "Dron Station,"
which allows for drone sheds, at home and abroad. This product allows drones to
be placed at the top of the CCTV surveillance system called "Artpole."

Jinheung Tech is a company that developed a drone battery automatic charging
device called 'Honey comb Charging Port'. Honeycomb-honeycomb type port is a
product that automatically charges two to three drones alternatevely. It has
95% charging efficiency. It has also completed patent applications at home and
abroad. According to Ison, Jinheung Tech participated in the Ministry of Trade,
Industry and Energy's 2018 project to foster public institutional links in
innovative cities.

"We have been in talks with Jinheung Tech to introduce unmanned drone
charging devices, which are essential products in drone stations," said
Ison. "We decided to take over Jinheung Tech based on mutual judgment during
the talks." "We have decided that we will be able to create a lot of
synergy through the acquisition," he said. "We will grow into a
global drone solution company that specializes in its name and reality."

Through the acquisition, Ison will set up a local Chinese corporation in
January 2020 with a local Chinese investor. The company plans to product an
unmanned drone station equipped with Jinheung Tech's charging port, according
to Ison. In 2021, it aims to commercialize the product in China, Ison said.

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