Defense Industry
Ongoing coverage on Defense Industry.
Latest coverage
IOI Partners disowns MindsEye, Krafton collabs with arms dealer, and more cuts at Ubisoft - Patch Notes #44
Several major gaming companies faced significant news this past fortnight. IOI Partners disowned the game MindsEye, Krafton announced a $1 billion partnership with a defense firm while simultaneously losing a lawsuit, and Ubisoft underwent restructuring leading to layoffs and the closure of Red Storm Entertainment's game development. Additionally, unionized game workers are petitioning for immigrant protections, Pokemon Pokopia achieved strong sales, and Nvidia's DLSS 5 technology faced backlash from developers.
Krafton to invest $1 billion in a defence company that works with the US Navy
Krafton, publisher of PUBG and The Callisto Protocol, is investing $1 billion in Hanwha Aerospace to focus on "Physical AI" and its applications in the defense sector. This partnership combines Krafton's AI research with Hanwha's industrial infrastructure. The news comes as Krafton recently lost a lawsuit against former executives of Unknown Worlds, the creators of Subnautica.