Aonic Sdn. Bhd.
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Aonic Sdn. Bhd. - overview
Established
2016
Location
Subang Jaya, Selangor, Malaysia
Primary Industry
Aerospace
About
Aonic Sdn. Bhd. is an innovative technology company specializing in advanced drone solutions that enhance operational efficiency across various sectors such as agriculture and logistics. Founded in 2016 and headquartered in Subang Jaya, Malaysia, AONIC HOLDINGS focuses on developing drone technology solutions.
In March 2026, Aonic Sdn. Bhd. raised USD 10 million in series A funding led by Kairous Capital. The sole founder and current CEO is Jin Cheong, who is recognized for his leadership in this venture.
The company specializes in providing advanced drone technology solutions aimed at enhancing operational efficiency across various industries. Their flagship product is an innovative drone platform designed for applications in agriculture, logistics, and infrastructure inspection. By integrating high-resolution imaging and real-time data analytics, these drones enable users to monitor crop health, optimize delivery routes, and conduct comprehensive site assessments. AONIC HOLDINGS' core offerings cater to agricultural enterprises, logistics providers, and civil engineering firms, primarily focusing on the North American and European markets.
In the most recent fiscal year 2023, AONIC HOLDINGS reported a revenue of USD 30. 98 mn and an EBITDA of USD 3. 44 mn. The company generates its revenue through direct-to-consumer sales and business-to-business partnerships, with clients purchasing drone units and accompanying software subscriptions for data management and analysis.
This model ensures a steady income stream derived from both initial sales and ongoing service agreements. The company plan to use the March 2026 funding to expand internationally, advance research and development, and increase manufacturing capacity in Malaysia. The company is also targeting expansion into new geographic markets to better serve customers across the region. Strategic investments from the recent funding will facilitate the development of upcoming new products, focusing on enhancing current technologies and exploring new market segments.
Current Investors
Brinc, Incubio, Malaysian Technology Development
Primary Industry
Aerospace
Sub Industries
Facilities & Maintenance Services, Education & Training Services, Aerospace, Industrial Machinery, Analytics & Performance Software, Farm Equipment
Website
www.aonic.com/
Verticals
Artificial Intelligence, Cloud Computing, IoT (Internet of Things), Manufacturing, Mobile Apps, Robotics, Robotics
Company Stage
Series A
Total Amount Raised
Subscriber access only
Aonic Sdn. Bhd. - timeline of key events
Aonic Sdn. Bhd. - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 195,396 | 379,036 | 591,092 | 2,396,233 | - | - | - |
| % Revenue Growth (YoY) | - | - | 94.0% | 55.9% | 305.4% | - | - | - |
| EBITDA (USD) | (15,487) | (147,890) | (203,829) | (590,606) | (907,172) | - | - | - |
| Operating Income (USD) | (20,292) | (165,074) | (232,279) | (723,295) | (1,085,336) | - | - | - |
| Operating Margin | - | (84.5%) | (61.3%) | (122.4%) | (45.3%) | - | - | - |
| % EBITDA Margin | - | (75.7%) | (53.8%) | (99.9%) | (37.9%) | - | - | - |
| NET Income (USD) | (20,292) | (165,074) | (232,279) | (723,295) | (1,085,336) | - | - | - |
| % Net Margin | - | (84.5%) | (61.3%) | (122.4%) | (45.3%) | - | - | - |
Aonic Sdn. Bhd. - employee data
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