Corporate milestones from SDR Drone Inc., alongside the certifications, procurement programs, and deployments of the Sundori platform in Korea and abroad.
First 10-Q under the new name. Management reports that the company ceased to be a shell company on June 9, 2026, and describes its plan to turn the certified Korean defense platform into locally produced unmanned aerial systems for the United States and allied markets.
FINRA approved the corporate name change to SDR Drone Inc. on July 15, 2026. The new trading symbol, SDCO, took effect at the open of business on July 16, 2026. The CUSIP number (406268201) is unchanged.
June 23, 2026 announcement of the acquisition of worldwide rights to the Sundori Drone Co., Ltd. technology portfolio, the perpetual worldwide license of the Sundori and SDR brands, and the planned corporate name change to SDR Drone Inc.
On June 9, 2026, EQUORIX LLC became the controlling shareholder. The company acquired from Cho Sun Sik and Sundori Drone Co., Ltd. twelve Korean patents, six Korean industrial design registrations, and worldwide trade secrets, know-how, freedom-to-practice and foreign filing rights, and granted Sundori a royalty-free, perpetual, exclusive license back for the Republic of Korea. New directors and Co-Chief Executive Officers were appointed.
Following the demonstrated tactical utility of drones in the wars in Ukraine and Iran, the Republic of Korea redirected KRW 3.3 trillion of attack-helicopter budget into drone procurement, with an additional USD 2.4B authorized. Sundori Drone Co., Ltd. is recognized among Korea's core domestic contributors to defense drone development, providing technical advisory input on national unmanned-systems policy formulation, capability planning, and the rollout of new drone procurement programs for the period ahead.
Adopted across the Army, Navy, Air Force, Police, and Fire Department under government-approved curriculum, Sundori holds 70% market share in Korean Army training drones. Over 10,000 cumulative pilot certifications and 500+ real operational missions validate the platform's flawless field record across all five service branches.
Formal offer sheet for Sundori drone platforms submitted as part of the Korea–Cambodia public-sector procurement framework.
Letter of Intent signed with Vijay Sabre Safety Pvt Ltd for evaluation and procurement framework across India's domestic safety and defense markets.
On-site evaluation of Sundori's three procurement-class platforms; specifications and integration framework approved for Thai defense and public-safety operations.
Memorandum of Understanding finalized 30 July 2025 establishing a long-term drone export and joint operations partnership in Indonesia.
Featured exhibitor at Korea's largest public-procurement expo, presenting innovative drone platforms designated under the 2024 Innovative Product program.
Bilateral framework for technology transfer signed; drone-platform selection underway with the Mongolian counterpart for defense and public-purpose deployments.
Korean Public Procurement Service designation enabling preferred-supplier status for government procurement across Sundori's drone platforms.
Korea's Drone Operations Command and the Korea Drone Innovation Association launch joint drone training initiative; Sundori participates as platform supplier.
Sundori delegation visits Fulton County under TPI drone-technology framework for oil-infrastructure threat-detection and protection deployments.
Defense Minister Award (Grand Prize) at Korea's flagship military-drone competition, validating swarm-coordination performance and platform reliability.