POSCO Group Showcases Venture Companies It Is Nurturing at CES

Graphene Square Wins CES Best Innovation Award

[Asia Economy Reporter Oh Hyung-gil] POSCO Group (POSCO Holdings) introduces venture companies it is nurturing at CES, the world's largest IT and electronics exhibition.

POSCO Group announced on the 4th that it will introduce the POSCO Group Venture Platform, which discovers and invests in future new growth businesses, along with 19 venture companies at CES held in Las Vegas, USA, for four days starting on the 5th (local time), in collaboration with POSTECH.

Participating for the second time following last year, POSCO Group has doubled its exhibition space compared to last year. The 19 venture companies discovered, nurtured, and invested in through the Venture Platform will operate individual booths at the exhibition hall and conduct company presentations. Additionally, RIST (Research Institute of Industrial Science & Technology), a practical research institute under the group, will exhibit and explain AI technology for metal microstructure analysis and solutions for facility/structure health assessment.

Park Sung-jin, Executive Director in charge of Industry-Academia-Research Cooperation at POSCO Holdings, explained, "The excellent venture companies nurtured by the group will be exposed to various global cooperation partners through CES, creating more business opportunities."

Among the participating venture companies, Graphene Square received the Grand Innovation Award, while OneSoftTime, AI4Pet, HM Square, and Rootra received Innovation Awards. A total of 34 domestic small and medium venture companies won awards at this CES, of which five are participants in the POSCO Group exhibition hall.

Graphene Square, which received the Grand Innovation Award, is one of the tenants of Pohang Change-up Ground and has been highly praised for developing the new concept transparent cookware, the "Graphene Kitchen Styler." Last year, it relocated its headquarters from the metropolitan area to Pohang and completed a pilot plant at POSTECH's Nano Convergence Technology Institute. It is a representative company of the Venture Platform's industry-academia-research cooperation, developing processes to reduce wastewater generated during graphene synthesis in collaboration with RIST.

Furthermore, POSCO Group plans to explore innovative technologies and companies related to eco-friendly steel materials, secondary battery materials, hydrogen and low-carbon energy, and AI-based smart factories, which are core future businesses in the eco-friendly future materials sector, through the participation of group employees at CES.

Meanwhile, about 180 POSTECH students will also attend CES. POSTECH is providing a special attendance opportunity to all students enrolled in the 2020 academic year, covering all expenses including airfare, accommodation, and living costs fully supported by POSTECH.

This content was produced with the assistance of AI translation services.