EOSYSTEM, Expansion and Relocation of the Electronic Optics Research Institute

[Asia Economy Reporter Yang Nak-gyu] Defense company EOSYSTEM is relocating and expanding its electro-optical research institute to the Magok Research and Development Complex located in Gangseo-gu, Seoul.

On the 21st, EOSYSTEM stated, "We received final approval from the Seoul Urban Development Corporation the day before," adding, "Differentiated product development is essential for overseas defense exports, and joint research with overseas specialized companies is necessary, which is why we are expanding and relocating the research institute." They further explained, "By joining the Magok Research Complex, which Seoul City is developing as a 4th Industrial Revolution research and development complex, we expect synergy effects in the dual-use military and civilian technology sector."

Since its founding in 1979, EOSYSTEM has been developing and producing equipment based on image intensifiers, thermal imaging, and laser sensors. Currently, they are developing advanced sensing modules for remote weapon control systems, which are expected to have high global demand, and are actively participating in the research and development project of the advanced laser dazzler equipment. In 1984, they were designated as a defense company and have been supplying optical components and electro-optical equipment to the military.

In February, EOSYSTEM participated in the defense exhibition 'DefExpo 2020' held in Uttar Pradesh (UP), India, showcasing thermal imaging scopes and night vision devices. EOSYSTEM achieves over 30% of its total sales through exports.

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