South Korea's Duksan Neocore is targeting revenue of ₩174.7 billion by 2030, up from ₩48.5 billion in 2025, as it prepares for a KOSDAQ listing and expands beyond defense into aerospace, counter-drone, public infrastructure and space. The company projects revenue of ₩60.3 billion in 2026 and ₩115.4 billion in 2028, supported by higher-value anti-jamming products, 155mm artillery course-correction fuzes, an RF seeker for the Low Altitude Missile Defense system, counter-drone solutions and data links for unmanned aircraft. Duksan Neocore plans to offer 3 million shares at ₩12,400–₩14,600 each, raising ₩37.2 billion–₩43.8 billion, with Daishin Securities as lead underwriter. The listing is regarded as the first exception since South Korean authorities announced dual-listing guidelines in July. The company says it supplies products to 82% of the country's 72 mass-produced weapons systems, while valuation concerns remain after its projected 2026 price-to-earnings ratio reached about 50 times.