Gwangju City Supports Commercialization of 'LiDAR,' the Eye of the 4th Industrial Revolution
[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 21st that it will launch a technology support project for the commercialization of LiDAR sensor convergence industries, known as the "eye of the 4th Industrial Revolution."
Participating companies can apply from the 22nd until July 6th on the Electronics and Telecommunications Research Institute website, and a total of 12 companies will be selected. Among the selected companies, up to 100 million KRW will be supported for LiDAR technology advancement projects (6 companies), and up to 50 million KRW for mid-to-low-cost LiDAR prototype production projects (6 companies).
LiDAR technology is a technology that recognizes three-dimensional spatial information in real time and is called the eye of the 4th Industrial Revolution.
In particular, it is gaining attention as a core sensor in future-oriented new industries such as autonomous vehicles, intelligent robots, smart factories, augmented reality, smart Internet of Things (IoT), and drone industries.
Although LiDAR is a high value-added technology essential to the 4th Industrial Revolution, securing the technology has been difficult, and even domestic large corporations have invested in overseas companies to acquire high-performance LiDAR technology, making it challenging to secure domestic technology.
Accordingly, since 2018, Gwangju City has been supporting domestic companies with LiDAR core technologies held by the Electronics and Telecommunications Research Institute and has been working to create a domestic LiDAR new industry ecosystem by supporting the establishment of performance evaluation facilities.
As a result, MZEVIN Co., Ltd. has been recognized for its technology and product quality in the safety and security fields and is currently conducting product contracts in transportation, railway, and factory safety sectors. SOS Lab Co., Ltd. has grown into a leading domestic LiDAR company, raising a cumulative investment of about 20 billion KRW based on autonomous driving LiDAR.
Furthermore, as Gwangju becomes the center of the LiDAR convergence industry, the influx of companies from other regions into Gwangju is actively progressing.
In particular, Kyungwoo SysTech Co., Ltd., a leading company in the heavy equipment safety field, and Easy Logic Co., Ltd., which develops unmanned heavy equipment LiDAR, have opened affiliated research institutes at the Electronics and Telecommunications Research Institute (Gwangju Headquarters). Case Lab Co., Ltd., which is based on LiDAR for special environment robots, has also established an affiliated research institute in Gwangju and is mass-producing 200 LiDAR products.
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Son Kyung-jong, Director of the AI Industry Bureau of the city, said, “The LiDAR convergence industry is very suitable for creating Gwangju as a city centered on the optics industry and artificial intelligence (AI), and it is expected to help lead future industries.” He added, “We will strive to support the creation of new industry business models to secure a leading position in the global market.”
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