Liputan6.com, Jakarta – PT Vertikal Teknologi Innovation has just announced that it is officially operating in Indonesia. This is the newest Indonesian technology company that focuses on developing aircraft propulsion systems to AI-based drone technology.
Their services are available for surveillance and reconnaissance needs, as well as systems airborne And countermeasures for jet planes.
According to Vertical Technology Innovation Indonesia CEO Oki Earlivan, this company exists with a vision to strengthen the independence of national defense technology and to be able to compete in the global market.
For this reason, he is determined that this company can become a leader in the defense and aerospace technology sector through a number of sophisticated innovations that focus on security and efficiency while responding to global geopolitical challenges.
“The global defense industry is estimated to reach a value of more than USD 1 trillion in the next decade, driven by increasing security needs throughout the world. In Indonesia itself, the market potential is increasingly large, in line with the national defense modernization program and the need for efficient regional supervision,” said Oki in a statement officially received, Monday (18/11/2024).
To encourage research development, prototypingas well as marketing innovative products, he plans to do fund raising amounting to USD 20 million as seed funding.
The plan is to use the funds to accelerate research and development of the company’s main technologies, including the development of AI-based products and advanced propellant systems, as well as supporting marketing strategies.
“We see great opportunities for this sector in the domestic and global markets, with the increasing need for smart and adaptive defense solutions,” he continued.