Korea Unveils K-Palantir Strategy to Nurture Security Innovation Companies Worth $666 Million by 2030 - WOWTALE

▤ Summary

Korea is launching a major strategy to build domestic security and defense technology champions by 2030. The plan targets five trillion-won companies and 50 high-growth firms across drones, defense AI, semiconductors, sensors, space, cybersecurity, and quantum communications. The government will speed up procurement, expand R&D support, and create an In-Q-Tel-style investment vehicle backed by more than KRW 1 trillion in funds. It will also open military data, expand demonstration units, and create more pathways for startups to test and certify technologies. The program creates a sizable opportunity for software, AI, cybersecurity, and defense-tech vendors that can support government and military modernization efforts.

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