KIOST Holds Business Agreement Ceremony for Establishing Joint Technology Holding Company

The Korea Institute of Ocean Science and Technology (KIOST) held a business agreement ceremony at 11 a.m. on the 27th at the KIOST Busan headquarters for the "Establishment and Operation of a Joint Technology Holding Company for Marine and Fisheries Science and Technology."

The agreement involved KIOST, Pukyong National University, National Institute of Fisheries Science, Korea Maritime and Ocean University, National Marine Biodiversity Institute of Korea, Korea Polar Research Institute, Korea Research Institute of Ships and Ocean Engineering, Korea Institute of Marine Equipment and Technology, and Korea Marine Environment Management Corporation.

The joint technology holding company currently being established is a marine new industry creation platform that promotes startups by utilizing excellent technologies specialized in the marine and fisheries science and technology field, and oversees funding investment, support at various growth stages, and professional personnel support to ensure the stable settlement of its subsidiaries.

Officials from participating organizations in the business agreement ceremony are taking a group commemorative photo.

The nine related organizations will cooperate through this agreement to ▲ provide technical support and funding investment for the establishment of the joint technology holding company for marine and fisheries science and technology ▲ collaborate to create marine new industries by jointly utilizing equipment, test beds, startup spaces, research personnel, and commercialization technology support for marine and fisheries science and technology startups.

Additionally, they plan to strengthen mutual cooperation to grow into a world-class technology holding company specialized in marine and fisheries science and technology, combining public interest and credibility.

President Kang Do-hyung stated, "We expect the joint technology holding company for marine and fisheries science and technology to serve as a platform that connects excellent achievements in related fields to startups and leads to the creation of quality jobs, thereby generating economic and social value."

KIOST plans to use this business agreement as an opportunity to strengthen organic collaboration with related organizations, concretize the establishment of the joint holding company, and focus on enhancing specialized startup support linked with funding for the creation of marine new industries.

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