Yoon Jong-won, CEO of IBK, Visits Innovative Companies SAT and Sumbi
Second Battery Material Company SAT Visits Drone Manufacturer Sumbi
[Asia Economy Reporter Park Sun-mi] IBK Industrial Bank announced on the 13th that President Yoon Jong-won visited SAT and Sumbi, client SMEs, to hear firsthand the challenges and voices from the field regarding support measures for innovative companies with technological capabilities.
SAT, recognized for its display manufacturing quality, received an intellectual property (IP) secured loan from IBK Industrial Bank last year to develop secondary battery materials. The company successfully developed the materials and is currently preparing for mass production. So Jin-seok, CEO of SAT, said, “Thanks to IBK’s low-interest IP financing support, we have been able to focus on R&D in the energy business, allowing the company to continue growing.”
The next visited company, Sumbi, is an innovative firm holding numerous patents for industrial drones, maritime rescue drones, and drone control systems. Since 2019, it has been conducting purely domestic technology development for the commercialization of piloted drones (PAV) with venture capital investment from IBK Industrial Bank. Oh In-seon, CEO of Sumbi, suggested, “We hope that combined investment and loan financial support for core technologies of the 4th Industrial Revolution, such as the convergence of artificial intelligence (AI) and drones, will become more active.”
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During his visit to the industrial sites, President Yoon stated, “We will strive to support the growth of innovative companies by transforming credit structures and financial support methods in a future-oriented way,” and added, “We will continue to visit sites to listen to the difficulties faced by companies.”
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