Pen Aviation
Pen Aviation is a Malaysian aviation solutions provider offering consulting, aircraft sales and acquisitions, aircraft management, and the PEN UAS portfolio of UAV/drone platforms (2 kg to 900 kg payload) for defense, logistics, healthcare, and industrial clients across Southeast Asia, Europe, and Africa.
- Company typePrivate
- Founded2016
- HeadquartersPetaling Jaya, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Pen Aviation does
Pen Aviation Sdn. Bhd. is a privately held Malaysian aviation solutions provider founded in 2016, headquartered in Petaling Jaya with regional offices in Paris and Singapore. The company operates a dual-business model spanning conventional aviation services and unmanned aerial systems. The conventional side offers consulting, aircraft sales and acquisitions (brokering Bombardier, Embraer, Piaggio, and other jets and turboprops through its Air Alsie partnership covering 25 aircraft under management and 72 registered), aircraft management and operations, charter concierge, and aviation investment advisory. The unmanned side operates under the PEN UAS brand and offers a full portfolio of UAV platforms — the PEN 5VE (2 kg payload), PEN 35VE/VH (ISR, 13 kg), PEN 55V (32 kg), PEN 80V (50 kg with integrated Rohde & Schwarz DF Antenna for SIGINT), PEN Powerlift (900 kg heavy-lift), and the PEN 1360V heavy cargo drone (770 kg payload over 675 km, co-developed with French partner Cavok-UAS) — alongside the DigiMIND digital platform and the DGMIND subsidiary for mission intelligence.
The company's go-to-market combines enterprise field sales across Malaysia, France, and Singapore with channel partnerships, event-driven acquisition at major defense and aerospace exhibitions (DSA, LIMA, Dubai Airshow, Systematic Paris), and a UAV Digital Sales Platform for equipment resale. Revenue streams include UAV hardware sales and Drone-as-a-Service (DaaS), aircraft brokerage commissions and management fees, professional consulting fees, and digital platform transaction fees. The customer base spans defense (Royal Malaysian Navy), logistics (DHL Express, Raya Airways, OSNET Technologies), healthcare (IT Sky Solutions in Nigeria), industrial inspection (oil & gas operators), and business aviation clients.
The business is supported by a tier-1 technology partnership ecosystem including Cavok-UAS (manufacturing), Unifly (UTM software), Safran Electronics and Defense (Euroflir 410 optronic systems), Rohde & Schwarz (SIGINT DF Antenna), DGMIND (mission intelligence), Censof Digital (IoT), and Ascendance (hybrid-electric propulsion). The company operates under the Pen Group of Companies umbrella with founder Jean-Bernard Boura (ex-Dassault Aviation, ENAC-trained aeronautical engineer) as Managing Director. The team carries 30+ years of combined experience across the aircraft lifecycle.
Pen Aviation firmographics
Firmographics- Name
- Pen Aviation
- Legal name
- Pen Aviation Sdn. Bhd.
- Website
- https://penaviation.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Pen Aviation is a Malaysian aviation solutions provider offering consulting, aircraft sales and acquisitions, aircraft management, and the PEN UAS portfolio of UAV/drone platforms (2 kg to 900 kg payload) for defense, logistics, healthcare, and industrial clients across Southeast Asia, Europe, and Africa.
- Ownership category
- akta.pro rank
Pen Aviation industry classification
Industry- Product category
- Aviation Services and Unmanned Systems
- NAICS
- Aircraft Manufacturing (336411), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)
- SIC
- Aircraft & Parts (3720), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)
- akta.pro primary industry
- Fixed-Wing Unmanned Aircraft (UAV) (IMABAIAB)
- akta.pro secondary industries
- Military Aircraft Platforms (Fixed-Wing) (IMABAMAA), Avionics Software, Certification & Safety-Critical Systems (DO-178/DO-254) (IMABAFAK), UAS Launch/Recovery & Support Equipment (Catapults, Nets, Docking) (IMABAIAN)
Keywords
Where Pen Aviation is headquartered
LocationHeadquarters
- HQ city
- Petaling Jaya
- HQ country
- Malaysia
- HQ region
- Asia
Offices3 records
Markets served
Pen Aviation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- UAV/Drone Sales and Operations: Sale of UAV platforms (PEN 5VE, PEN 35VE/VH, PEN 55V, PEN 80V, PEN Powerlift, PEN 1360V) and Drone-as-a-Service (DaaS) offerings for defense, logistics, agriculture, and industrial applications.
- Aircraft Sales and Acquisitions: Brokerage services for new and pre-owned aircraft (jets and turboprops) including transparent end-to-end aircraft brokerage, acquisition, and financing support. 25 aircraft under management and 72 aircraft registered.
- Aircraft Management and Operations: Aircraft management services including planning, execution, operations management, charter concierge, and investment opportunities for aircraft owners.
- Consulting and Project Management Services: Consulting services for service, manufacturing and infrastructure in the niche aviation sector, including project due diligence, risk assessment, strategic planning, operations management and process optimization.
- UAV Digital Sales Platform: First digital marketplace enabling UAV operators to resell professional equipment with multi-criteria search functionality.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One-time | Aircraft Sales - Jet and Turboprop Aircraft |
| Other | Multi-year contract | UAV Platforms - Industrial Drone Solutions |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Pen Aviation product offering
Product offeringCore offering
Pen Aviation is a one-stop aviation solutions provider offering consulting and project management, aircraft sales and acquisitions (brokerage of new and pre-owned jets and turboprops), aircraft management and operations, and unmanned automated solutions (UAS). Under its PEN UAS brand, the company designs, manufactures (with partner Cavok-UAS), sells, and operates a portfolio of fixed-wing and VTOL drone platforms ranging from a 2 kg surveillance UAV to a 770 kg heavy-cargo drone, supported by the DigiMIND digital platform for mission and fleet management.
Product overview
Pen Aviation is a diversified aviation solutions provider founded in 2016 in Malaysia, offering six core service pillars: Consulting & Project Management, Aircraft Sales and Acquisitions, Aircraft Management and Operations, Charter Concierge, Investment Opportunities, and Unmanned Automated Solutions (UAS). The UAS division operates under the PEN UAS brand, providing a portfolio of fixed-wing and VTOL drone platforms including the PEN 5VE (compact, 1-hour endurance), PEN 35VE/VH (ISR drone up to 8 hours endurance), PEN 55V (medium cargo drone, 32 kg payload), PEN 80V (with integrated DF Antenna for SIGINT), PEN Powerlift (heavy-lift, 900 kg payload), and PEN 1360V (heavy cargo drone, 770 kg payload over 675 km). The company also supports a UAV Digital Sales Platform and DigiMIND digital platform. For conventional aviation, Pen Aviation offers aircraft sales and acquisitions (business jets including Bombardier, Embraer, and Piaggio) through its partnership with Air Alsie, alongside aircraft management and consulting services. The ecosystem is supported by strategic partnerships including Cavok-UAS (drone manufacturing), Unifly (UTM software), Safran Electronics and Defense (optronic systems), and DGMIND (mission intelligence).
Differentiator
Problem solved
Functional benefit
Brands
- PEN UAS: Pen Aviation's brand for Unmanned Automated Solutions (UAS), providing governmental bodies and private sector with customized drone ecosystem solutions including fixed-wing, rotary-wing, and hybrid UAV platforms.
- DGMIND
Products and services
- Consulting & Project Management Services Aviation-sector consulting covering due diligence, risk assessment and mitigation, strategic planning, operations management, and process optimization for service, manufacturing, and infrastructure projects in the niche aviation segment; offered to aviation operators, investors, and government bodies.
- Aircraft Sales and Acquisitions End-to-end aircraft brokerage for new and pre-owned jets and turboprops, including acquisition support, financing arrangements, budgeting, regulatory advice, and aircraft listings (Bombardier, Embraer, Piaggio, etc.) delivered through the partnership with Air Alsie.
- Aircraft Management and Operations Planning, execution, and operations management for owned aircraft, including charter concierge and investment opportunities for corporations and private owners; 25 aircraft under management and 72 registered aircraft through the Air Alsie partnership.
- PEN 5VE UAV Compact UAV platform with up to 1 hour endurance and 2 kg maximum useful load, designed for mapping, security, and surveillance missions.
- PEN 35VE / PEN 35VH UAV Fixed-wing VTOL ISR drone with up to 3.5 hours (VE) or 8 hours (VH) endurance, 13 kg max useful load, low acoustic signature, and customizable ISR payload configurations for surveillance, security, mapping, and logistics missions.
- PEN 55V UAV Medium-size cargo VTOL drone with 2.5+ hours endurance and 32 kg maximum useful load, supporting surveillance, security, logistics, firefighting, agriculture, and mapping missions.
- PEN 80V UAV with Integrated DF Antenna Advanced VTOL UAV with up to 3 hours endurance and up to 50 kg maximum useful load, integrating a Rohde & Schwarz Direction Finding Antenna for SIGINT and airborne intelligence operations in defense and security missions.
- PEN Powerlift UAV Heavy-lift VTOL cargo UAV with up to 4 hours endurance and 900 kg maximum useful load for surveillance, defense, logistics, firefighting, agriculture, and mapping operations.
- PEN 1360V Heavy Cargo Drone Fully automated VTOL heavy cargo drone with up to 770 kg payload capacity over 675 km range, designed for logistics, border control, ISR, COMINT, SAR, C-ESM, smart agriculture, and firefighting missions.
- PEN23VE Medic eVTOL eVTOL medical delivery drone with up to 2.5 hours endurance at 100 km/h and up to 5 kg medical supply payload, designed for healthcare logistics to remote facilities without infrastructure requirements.
- DigiMIND Digital Platform Proprietary digital platform that automates complex business and operational processes for UAV operations, enabling customers to manage drone fleets, mission planning, and data processing with 24/7 UAV-based freight service capabilities.
- UAV Digital Sales Platform Online marketplace where UAV operators can resell professional UAV platforms and sensors (20 kg and above maximum take-off mass), featuring multi-criteria search functionality and usage examples.
Quantifiable outcome
- 25 aircraft under management with 72 registered aircraft through Air Alsie partnership
- +2 more outcomes
Companies that use Pen Aviation
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
Pen Aviation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Pen Aviation partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core, major and strategic.
- Rohde & SchwarzcoreCollaboration for integrated DF Antenna on PEN80V drone, bringing new dimension to airborne intelligence for SIGINT (Signals Intelligence) operations. DF Antenna collaboration for modern defence intelligence operations.
- Safran Electronics and DefensecoreMOU for integration of Safran Electronics and Defense's Euroflir 410 Airborne Optronic Systems on PEN UAS platforms including PEN1360V. Both companies will explore mutually beneficial cooperation opportunities for the Malaysian aviation industry.
- UniflycoreGlobal leader in Unmanned Traffic Management (UTM) technology partnership. Unifly's platform provides tools for drone and equipment management, flight planning, and situational awareness. Pen Aviation distributes Unifly's software solutions and packages them into products and services for a fully integrated, certifiable UAV management ecosystem.
- Cavok-UAScoreFrench partner for manufacturing, sale, and operation of drones in Asian markets. Partnership combines Pen Aviation's flight operations expertise with Cavok-UAS structural design technology for joint development of drones capable of carrying up to 850kg cargo over 950km range.
- DHL ExpressmajorProof of Commercialization (POC) for maritime drone deliveries as part of Greater KL Live Lab initiative. Medium-sized cargo UAV to pick up and drop off shipments up to 12kg from shore to ship and vice versa, day and night.
- Raya AirwaysmajorFirst ASEAN cargo drone operator partnership. Raya Airways utilizing PEN55V and PEN1360V drones for port logistics operations, enhancing Drone-As-a-Service offerings. Mixed fleet planned capable of carrying up to 1,000kg of goods.
- OSNET TechnologiesmajorStrategic partnership as cargo drone operator for first to last-mile port logistics missions using PEN UAS solutions. Packages up to 12kg, up to 50km distance from port to ships.
- IT Sky SolutionsmajorFirst commercial agreement in Nigeria for healthcare drone delivery. PEN23VE Medic eVTOL drone for delivery of blood and medical supplies (up to 5kg) to remote healthcare facilities, expected to commence February 2023.
- Censof DigitalstrategicStrategic partnership for Digital IoT Solutions to support digital adoption. Three solutions created addressing pain points in food security, public safety, and disaster management for logistics, transportation, agriculture, surveying, security and inspection industries.
- AscendancestrategicPartnership on hybrid-electric UAVs for sustainable aviation solutions, contributing to environmental and green logistics initiatives.
- Politeknik Banting Selangor (PBS)strategicStrategic partnership for UAV testing, research and development, maintenance services, and student upskilling. Joint POC with DHL and Raya Airways to demonstrate commercial viability of cargo drone delivery at PBS testing site.
- Universiti Malaysia Pahang Al-Sultan Abdullah (UMPSA)strategicStrategic partnership formed at Dubai Airshow 2025 for Advanced Mobility Park at Pahang Aerospace City, supporting Malaysia's aerospace industry development.
- Air AlsiecoreDanish aircraft management outfit partnership for transparent, end-to-end aircraft brokerage and management solutions. 25 aircraft under management and 72 aircraft registered.
- AC-Innov (Aero Composite Innovations)strategicUAV partner specializing in EN/AS 9100 and ISO 9001 certified composite drone design and manufacturing. Founded 2013 by former military UAV development experts in Reunion Island.
- DGMINDcoreMission intelligence partner providing advanced capabilities for ISR and SAR missions. Demonstrated at first drone demonstration in France with PEN35VH integrated with DGMIND.
- Pahang Aerospace CitycorePen Aviation appointed as Park Manager for the Advanced Mobility Park at Pahang Aerospace City, supporting Malaysia's low altitude economy and aerospace ecosystem development.
- Dassault AviationstrategicStrong network partnership for fixed-wing aircraft sales (Falcon jets) and technical collaboration, with Pen Aviation's Managing Director having 15+ years experience at Dassault.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Pen Aviation competitors and assessment
Company assessmentDirect peers
- Garuda Aerospace: Indian drone manufacturer offering UAV solutions across defense, logistics, agriculture, and industrial inspection. Closely comparable to Pen Aviation's vertical segmentation approach and Drone-as-a-Service model across emerging-market Asia.
- Wingcopter: German delivery drone manufacturer focused on medical supply and commercial logistics with VTOL fixed-wing designs. Directly comparable to PEN Aviation's cargo and medical drone lineup, including PEN55V and PEN23VE Medic.
- Elroy Air: US-based developer of heavy-cargo VTOL autonomous aircraft. Directly comparable to Pen Aviation's PEN 1360V (770 kg/675 km) and PEN Powerlift (900 kg) platforms, both targeting middle-mile logistics and defense resupply.
- Avpro Inc: Global business aircraft brokerage and management firm, directly comparable to Pen Aviation's aircraft sales, acquisition, and management services in partnership with Air Alsie (25 aircraft under management, 72 registered).
- Zipline: US/Rwanda-based autonomous medical drone delivery company, directly comparable to Pen Aviation's PEN23VE Medic eVTOL for blood and medical supply delivery to remote healthcare facilities, as demonstrated in the IT Sky Solutions Nigeria engagement.
- ideaForge Technology: India-listed UAV manufacturer specializing in defense, security, and surveillance drones. Comparable to Pen Aviation's PEN 35VE/VH ISR platform and emerging-market defense go-to-market motion.
- Cavok-UAS: French drone manufacturer and Pen Aviation's core manufacturing partner; co-developed the PEN 1360V heavy cargo VTOL drone. Highly comparable as both an OEM of multi-payload UAVs and a developer of certifiable drone solutions for defense and industrial use.
Broad incumbents
- Thales Group: French defense and aerospace prime with significant UAV, ISR, and optronics capabilities. Comparable to Pen Aviation's defense UAV and SIGINT integrations, but operates at vastly larger scale across many adjacent defense domains.
- Parrot SA: French drone and wireless products company with a professional UAV division (Parrot ANAFI) serving defense, mapping, and inspection. Broader consumer/professional portfolio makes it an incumbent rather than a direct niche competitor to Pen Aviation.
- Airbus: European aerospace prime with UAS programs (e.g., Zephyr HAPS, cargo UAS initiatives). Comparable to Pen Aviation's heavy-cargo VTOL roadmap and defense positioning, but at vastly larger scale and broader portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Pen Aviation social profiles
Digital presencePen Aviation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pen Aviation leadership team
Management profileNumber of profiles
Profiles8 records
Pen Aviation subsidiaries and ownership
Company hierarchySubsidiaries1 record
Pen Aviation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pen Aviation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pen Aviation
What does Pen Aviation do?
Pen Aviation is a one-stop aviation solutions provider offering consulting and project management, aircraft sales and acquisitions (brokerage of new and pre-owned jets and turboprops), aircraft management and operations, and unmanned automated solutions (UAS). Under its PEN UAS brand, the company designs, manufactures (with partner Cavok-UAS), sells, and operates a portfolio of fixed-wing and VTOL drone platforms ranging from a 2 kg surveillance UAV to a 770 kg heavy-cargo drone, supported by the DigiMIND digital platform for mission and fleet management.
Is Pen Aviation a public or private company?
Pen Aviation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Pen Aviation founded?
Pen Aviation was founded in 2016. It employs 11 to 50 people.
Where is Pen Aviation based?
Pen Aviation is headquartered in Petaling Jaya, Malaysia, in the Asia region.
How does Pen Aviation make money?
Five revenue lines are on record. UAV/Drone Sales and Operations are the primary driver. The others are aircraft Sales and Acquisitions, aircraft Management and Operations, consulting and Project Management Services and UAV Digital Sales Platform.
Who are Pen Aviation's main competitors?
Direct peers on record are Garuda Aerospace, Wingcopter, Elroy Air, Avpro Inc, Zipline, ideaForge Technology and Cavok-UAS. Broad incumbents are Thales Group, Parrot SA and Airbus.
Does Pen Aviation have an API?
No public API is recorded for Pen Aviation.
What industry is Pen Aviation in?
Pen Aviation's product category is Aviation Services and Unmanned Systems. Its primary akta.pro industry code is IMABAIAB, Fixed-Wing Unmanned Aircraft (UAV), with a secondary code of IMABAMAA, Military Aircraft Platforms (Fixed-Wing). Its NAICS code is 336411 and its SIC code is 3720.