G-TECH Approves $35 Million Investment in IX Acquisition for Drone Push

G-TECH Optoelectronics Corporation (TWSE: 3149) approved a $35 million investment in IX Acquisition Corp., a private placement that would give the Taiwanese glassmaker a 23.2% stake tied to its planned push into unmanned aerial vehicle markets.

The purchase would cover 3,043,478 shares at $11.50 each. G-TECH designated the investment as long term. Its plan pairs flat-glass conformal antenna technology, which can fit curved vehicle surfaces, with multi-orbit satellite communications from AERKOMM.

The target markets are the defense, aerospace and telecommunications sectors in the United States, Europe and the Middle East. G-TECH also approved additional capital for its wholly owned tactical-technology subsidiary, with funds intended for production lines and working capital.

IX is a special purpose acquisition company, or SPAC, formed to combine with an operating business. IX and AERKOMM entered into a merger agreement on March 29, 2024. The deal has not closed. Under its proposed structure, AERKOMM would become a wholly owned subsidiary of the new public parent, AKOM Inc.

IX had not begun operations as of March 31, 2026. It reported $8.93 million in trust assets and a $13.69 million shareholders’ deficit. Its securities were suspended from Nasdaq trading on Dec. 12, 2024, and began quotation on OTC Pink in 2025.

G-TECH’s disclosure classified IX as a related party but did not explain the relationship. In October 2026, IX shareholders approved a fifth extension of the merger deadline. Holders of 435,000 shares tendered them for redemption.