Flatdis, a company specializing in the manufacture of naval control equipment and maintenance of naval vessels, announced on the 15th that it has secured 10 billion won in investment from domestic venture capital firms. Participating firms included IDV Ventures, JB Woori Capital, Mirae Asset Venture Investment, Bogwang Investment, Seoul Investment Partners, Ubiquoss Investment, and K&T Investment Partners.
Founded in Changwon, Gyeongsangnam-do in 2002, Platdis specializes in the manufacturing and commissioning of naval engine control systems (ECS), and is a specialized MRO company that performs maintenance, repair, and upgrades for naval vessels. The ECS is a key component that integrates and monitors key systems, including the propulsion, power, and damage control systems, of a ship.
Pletdis has supplied numerous ECSs for large-scale newbuilding projects, including Korean-type destroyers, frigates, and landing ships, and is also preparing to expand into overseas markets such as Thailand and the Philippines. Lee Eun-cheol, a director at Seoul Investment Partners, stated, "We decided to invest in Pletdis because we believe its business has high growth potential in both the domestic and international naval markets."
With this investment, Flatdis will fully pursue the localization of ECS, leveraging its global corporate license, and will also begin developing a next-generation AI-based ECS system. This project was also selected as a Scale-Up TIPS (Technical Initiatives for Small and Medium Businesses) research and development project by the Ministry of SMEs and Startups.
Kwon Byung-heon, CEO of Flatis, stated, “Through investment attraction, we will promote the localization of ECS and the internalization of key equipment and materials, and grow into a comprehensive ship system company recognized in both domestic and international markets.”
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