Naver Invests in Autonomous Drone Platform 'Ubify' to Target Smart City Market
Combining Capabilities in AI, Cloud, and Digital Twin
NAVER announced on June 1 that it has invested in Ubify, a global drone technology company.
Ubify specializes in drone swarm flight technology and autonomous flight platforms, and has targeted overseas markets since its early days. Recently, it became the first Korean drone company to receive the "10 Million Dollar Export Tower" award, and is currently the only Korean company serving on the board of the Dronecode Foundation, the global organization overseeing PX4, the core operating system (OS) for the drone industry.
Through this investment, NAVER plans to create synergy by combining its own technological capabilities in artificial intelligence (AI), cloud, and digital twin with Ubify's expertise in drone hardware and operation. In particular, NAVER aims to enhance the applicability of autonomous drones integrated with AI in public and smart city sectors.
Soo Yeon Choi, CEO of NAVER, stated, "As the potential for AI’s expansion into the physical world grows—through physical AI, autonomous driving, and robotics—drones are also emerging as one of the most important future technology sectors. We expect that the combination of NAVER's physical AI technology and Ubify's drone capabilities will open up new possibilities across various industries."
Hot Picks Today
"30,000 Won in Korea, 70,000 Won in Japan"—Koreans Fill Suitcases as Illegal Direct Purchases Soar
- In Korea, It's a Beloved Side Dish... But Miami Spends $4.1 Million to Remove 9,000 Tons from Its Beaches
- Jeju Police Officer in 'False Missing Person Closures' Case Requests Legality Review of Arrest
- "SG$70,000 by Age 17 for Every Childborn"... Singapore Unveils Drastic Measures as Fertility Rate Sinks to 0.87
- "Monster That Eats Gold" Turns Out to Be Real: Uproar in China as 5-Year-Old Swallows $7,500 Gold Bar, Sparking Questions About Family's Wealth
Hyun Lim, CEO of Ubify, commented, "With this investment, we will further advance Ubify's swarm drone technology and strive to perfectly implement physical AI solutions in a wide range of industrial fields, including public and smart city sectors."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.